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Bank charges

A briefing about bank charges which can exacerbate problems for CAB debt clients.

Bank charges can push a manageable debt situation into an unmanageable one, making juggling finances impossible.

Charges are imposed when an account is overdrawn, or a cheque, direct debit or standing order “bounces” due to lack of money in an account. They can also be imposed in respect of late or missed credit card payments.

Publication date
May 2006
Publication type
Number of pages