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Today, District Judge moneyman upheld a bank’s selection for applying charges to a client account. Kevin Berwick change the overdraft penalty charges applied to his statement were unfair. The charges totalled 2545.

Most banks, when covering a claim for slope charges either settle discover of court, or let it go to suite and then settle before the hearing. Today’s circumstance is the prototypal time a slope has entered a accumulation and won. The Judge definite the bank’s charges were a legitimate calculate for a service the client had united to.

Unsurprisingly, Lloyds TSB were pleased with the outcome.

“It appears to acknowledge our position in attitude of current statement assist charges,” said a spokeswoman.

“The suite has united with us that these are charges for a assist and not choice or penalty fees as has been argued by others,” she added.

So, could this judgement ordered a illustration and stop others from successfully claiming back their charges?

Today’s judgement was prefabricated by a district judge, it does not affect some other suite in the same artefact a High Court judgement does. However, today a determine has had the opportunity to cast an opinion on the situation, it may hit some influence in later cases.

Consumer groups hit voiced concerns, saying the bank’s accumulation stating the penalty charges were assist charges is a ordinary figure for circumventing legislation. This is the prototypal blow to consumers being unfairly charged by their banks, could there be more?

Mr Berwick was shocked by the ruling, and plans on appealing.

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Consult your needs with debt advice counsellors before committing to the first deal you come across.