Mortgage News

Banks sued over fees

Monday 11th of March 2013

BNZ, ANZ, Westpac, ASB and Kiwibank have been named in the action led by lawyer Andrew Hooker, Slater & Gordon and Litigation Lending Services (NZ).

Hooker said banks had been overcharging customers when they overdrew their accounts, paid credit card bills too late or had a cheque bounce.

"When your account balance runs low or you are late with a credit card payment, the last...

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