Thu 18 Mar 2010
British Banks Continue To Put Pressure On Customer Finances
Posted by EPR Network under Business, Consumer Services, Economy, Featured, Financial, Internet & Online, Society
Released on: March 18, 2010, 12:08 am
Author: Paul Culshaw
Industry: Financial
According to recent data released by the Financial Ombudsman Service (FOS), banks are rejecting thousands of requests every month from customers looking for help with their finances.
The Financial Ombudsman Service, which is an independently run service that deals with complaints from consumers and businesses in the financial industry, revealed that 13,053 cases were brought to its attention from consumers looking for more leniency from their banks. Debt management and IVA company Debt Free Direct expect to see this number of complaints increase in 2010 as thousands of individuals sought debt advice with the company in Q1 of 2010.
