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UK Financial Conduct Authority: Millions Of Customers Together Save Nearly £1 Billion Due To Overdraft Rule Changes

<p><span>Improved overdraft rules brought in by the FCA have reduced high fees for unarranged borrowing, removed complex charging structures and introduced help for those who were repeatedly using their overdraft.</span></p> ....

United Kingdom , Pensions Service , Executive Director , Annual Percentage Rate , Annual Percentage ,

Millions of customers together save nearly £1billion due to overdraft rule changes

The evaluation, published today, found each customer who had an arranged overdraft or access to an unarranged overdraft saved, on average, £17.40 in ....

United Kingdom , Financial Conduct Authority , Executive Director , Annual Percentage Rate , Annual Percentage ,

Millions of customers together save nearly £1 billion due to overdraft rule changes | Financial Conduct Authority

Improved overdraft rules brought in by the FCA have reduced high fees for unarranged borrowing, removed complex charging structures and introduced help for those who were repeatedly using their o ....

United Kingdom , Executive Director , Annual Percentage Rate , Annual Percentage ,