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£12 Overlimit Fees


fkofilee
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Hi Guys

 

Can I request a company remove an Overlimit Fee of £12 if the account is still running?

If so, what do i need to exactly quote them to get them to remove it?

 

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**Fko-Filee**

Receptaculum Ignis

 

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Hi,

 

There's not really anything you need to quote to them, just ask them to refund the charge.

 

In 2006 the OFT said that many default charges were unlawful, as they constituted unjust enrichment. It stated that it would act upon receiving notice of any charge over £12 as a penalty, and therefore unlawful. However, the report also specifically stated that the OFT did not necessarily consider £12 a fair charge, and that this would be up to a court to determine. It suggested that the £12 "cap" was intended as an initial step towards fair practice and compliance with the law.

 
 

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