Penalty fees


The Big Four banks are guilty of corporate crimes

The NAB fee backdown is small consolation to bank customers who have been victim to one of the greatest corporate thefts over the past decade.

Bank drops penalty fees. Nice start, long way to go.

Yesterday NAB announced it would no longer charge consumers penalty fees of $30, writes Gordon Renouf, director of Policy and Campaigns for CHOICE. Now, what about credit card fees?

How I beat the bank, with a little help from VCAT

The Victorian Civil and Administrative Tribunal has held that a $40.00 late payment fee imposed by Citigroup was an illegal penalty and therefore unenforceable, reports Adam Schwab.