http://www.moneycrashers.com/a-great-article-about-paying-off-debt/ Personal Finance Blog, Your Guide to Financial Fitness Thu, 09 Feb 2012 21:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.moneycrashers.com/a-great-article-about-paying-off-debt/#comment-1977 Mark Bateman Sun, 11 Mar 2007 19:52:54 +0000 http://moneycrashers.com/?p=95#comment-1977 That an interesting article. In the UK debt is a massive story with bank charges being the hot topic. You know the story - not enough funds for the payment so a hefty bank charge - further in debt so of course another bank charge... and so on... The point is banks have no interest in supporting those with financial difficulties but it has now become apparent that only a small admin fee is legal to charge the customer, meaning 100's of thousands are claiming up to 6 years worth of bad bank charges. This will go a long way for some in helping their debt problems. That an interesting article. In the UK debt is a massive story with bank charges being the hot topic. You know the story – not enough funds for the payment so a hefty bank charge – further in debt so of course another bank charge… and so on… The point is banks have no interest in supporting those with financial difficulties but it has now become apparent that only a small admin fee is legal to charge the customer, meaning 100′s of thousands are claiming up to 6 years worth of bad bank charges. This will go a long way for some in helping their debt problems.

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