Which? calls for action on unarranged overdraft fees

Gareth Shaw Which? Money Expert, said:

“It’s unacceptable that the Financial Conduct Authority is still dragging its feet on unarranged overdraft charges, while consumers continue to be hit by these extortionate fees.

“The regulator must urgently act to restrict unarranged overdraft charges, bringing them into line with arranged overdraft fees so that we finally end these unfair charges.”