Get a refund on your unfair bank charges now. Direct debit or cheques returns, slipping into the red, going into your overdraft or late payment fees. Did you know you can claim back these unfair charges back for the last 6 years?

Even if it was your own fault that you incurred the charges. DebtFC's expertise in contract and consumer law provides customers with the clout and the confidence to take on the banks and cream off some of the fat cats profits.

The law states that a charge for breach of contract is not enforceable - the maximum amount that legally may be charged must reflect the actual losses incurred as a result of the breach of contract. DebtFC offer a completely free to sign up service that has a 100% success rate. We work on a no win no fee basis and will complete a free audit of you bank account to calculate the unfair bank charges applied to your account over the last  5 years (Scotland) or 6 years (England).

The Law - The “Unfair (Contracts) Terms Act 1977” and the “Unfair Terms in Consumer Contracts Regulations 1999”, are designed to protect you as a consumer. This Legislation specifies that in order for a charge to be lawful it must represent the actual financial loss sustained by your bank.

The arbitrary nature of blanket bank charges means that all customers are charged the same regardless of the sum involved. However, the only charges that are legally applicable are ones covering the actual losses sustained by the bank in administrative costs and interest

With consumers paying up to £40 for a typical unpaid direct debit for a transaction that may have cost the banks a few pence. It’s not hard to see why the banking sector has seen record profits in recent years. What’s more, as these charges are unenforceable under current legislation you are entitled to get these charges back for the last six years.

So how can DebtFC help? Although these charges are unenforceable its not as simple as just asking for them back. The banks do not want to pay out and will try every tactic in order to avoid this. DebtFC offers a complete service – customers simply sign up and experts do all the work for them.

How do I start my claim? You can either submit your information via email or by calling a claims advisor Free on 0800 007 5307. We will send you our standard agreement form to sign to return in a pre paid addressed envelope.

How much will it cost me? Our service is results based. You will only be asked to pay any fee if you receive a refund or settlement from your bank. The fee will be 40% of that refund.

Q. How do I know how much I have been charged, in total, over the last 6 years?
A. Good point. In this instance we will apply to your Bank for a list of charges that have been made over the last 6 years. We will do this by making an official request under the Data Protection Act (1998). The Bank then have 40 days, from receipt of the letter, to reply in order to comply with the law. This costs an additional £10 for the bank to disclose the relevant information.

Q. Can I claim for more than 6 years of charges?
A. No. 6 years in England and 5 years in Scotland.

Q. If I have been charged (£20, £25, £35 etc..) by my Bank for going over my agreed overdraft limit, but it was entirely my own fault, am I still able to make a claim?
A. Yes, law is law. If you have been charged over the odds for breach of contract, no matter how that came about, you may still have grounds to claim. Banks are entitled to apply charges for the breach, but NOT at an excessive rate. By law, Bank charges must be calculated to reflect losses ONLY, no more.

Q. How much will the process cost me?
A. We do not charge any initial fees. You may have to write a cheque for £10 payable to bank so that they can send us details of all your charges within the last 6 years. After completion we then charge a fee of 40% of claim proceeds.

Q. Will it go to court?
A. Banks DO NOT want to go to court. They know that they will not win, so it is extremely unlikely. However as above 90% of claims will involve submitting a claim to court, upon receipt of your claim and as history proves, your bank will settle out of court, by refunding all charges and returning what is owed to you.

Q. How long is the whole process likely to take?
A. This really does depend on who you Bank with. It can take anything from a few weeks to several months.

Q: My partner and I have a joint account, do we both need to sign when making any claim?
A: Yes, you will both need to sign all relevant documents to make a claim.

Q. Will the Bank ring / contact me?
A. No, they shouldn’t do, as you will have given us authority to act on your behalf.

Q. Could the Bank close my account?
A. It is highly unlikely, but you should bear it in mind. We would advise that you open an alternative bank account, just in case.

Q. Will this action affect my credit rating?
A. No. Taking back what is your money anyway will not affect your credit rating.

 

Debt consolidation is the process in which debt is restructured into one low affordable amount which you agree to pay. At DebtFC we offer a range of debt consolidation options Scottish protected trust deed, individual voluntary arrangement (I.V.A), remortgage, debt management plan, homeowner loan, sell and rent back or perhaps bankruptcy (sequestration in Scotland) our experienced debt consolidation team, will discuss your options and provide you with free debt help and debt advice on how to deal with your debt problems. We are based in Livingston, West Lothian, Scotland but help people throughout the UK.

If you recognise any of the following symptoms... then you need our debt help!

Credit card debts, missed loan repayments, creditors phoning, debt collectors, bailiffs, County Court judgements, bankruptcy, insolvency, mortgage arrears, repossession, robbing Peter to pay Paul, not opening the mail, afraid to open the door.
Our debt consolidation team will show you the options that you have available to get out of debt with one reduced, affordable monthly payment. For a NO OBLIGATION, FREE CONSULTATION, call or send the contact form for some friendly, free advice.