{"id":12138,"date":"2016-05-08T20:17:46","date_gmt":"2016-05-08T13:17:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sue-your-bank-why-its-better-to-go-to-court-than-to-arbitrate-in-the-long-run\/"},"modified":"2016-05-08T20:28:56","modified_gmt":"2016-05-08T13:28:56","slug":"sue-your-bank-why-its-better-to-go-to-court-than-to-arbitrate-in-the-long-run","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sue-your-bank-why-its-better-to-go-to-court-than-to-arbitrate-in-the-long-run\/","title":{"rendered":"Sue your bank! Why it's better to go to court than to arbitrate in the long run"},"content":{"rendered":"


\nNew rules aim to return a consumer\u2019s right to sue financial institutions \u2013 and the banks and credit card companies aren\u2019t happy about itIf your bank hits you with what you consider to be unfair overdraft fees, or fails to notify you in a timely manner of new, higher fees \u2013 thus making it impossible for you to avoid them \u2013 you may end up losing enough money for it to be painful. But getting it back may be even more costly, too costly to make it worthwhile.That\u2019s because the small print covering your bank account, credit card and most other financial institution agreements requires you to submit to binding arbitration to resolve any disputes with your bank. Only 34% did not require binding arbitration, the Pew Charitable Trusts found in a survey last year, down from 38% in 2013. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Sue your bank! Why it’s better to go to court than to arbitrate in the long run<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New rules aim to return a consumer\u2019s right to sue financial institutions \u2013 and the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-12138","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-39M","jetpack-related-posts":[{"id":13838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/enjoy-your-european-holiday-without-surprise-bank-fees\/","url_meta":{"origin":12138,"position":0},"title":"Enjoy your European holiday without surprise bank fees","date":"May 21, 2016","format":false,"excerpt":"\r Whether you are withdrawing cash from an ATM or shopping for souvenirs, there are ways to save yourself from excessive bank chargesExperts are split over whether a vote next month to leave the EU would make European holidays more expensive. Last weekend\u2019s Sunday People newspaper said Labour had calculated\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22205,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/difc-in-dispute-with-developer-over-alleged-defects-in-the-gate-building\/","url_meta":{"origin":12138,"position":1},"title":"DIFC in dispute with developer over alleged defects in The Gate building","date":"August 7, 2016","format":false,"excerpt":"\r The Dubai International Financial Centre is involved in a legal confrontation with Brookfield, the Canadian developer, over alleged defects in the construction of The Gate building 13 years ago.Part of the open space beneath The Gate - used for ceremonial and social events and as a public thoroughfare -\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-travel-company-charged-me-100-to-use-a-credit-card\/","url_meta":{"origin":12138,"position":2},"title":"A travel company charged me \u00a3100 to use a credit card","date":"April 20, 2014","format":false,"excerpt":"\r Having paid for a holiday, there's an extra cost \u2026I booked a \u00a35,000-plus holiday through Travelbag over the phone. It was only when I came to pay that I was told that there would be an extra charge of more than \u00a3100 because I was paying by credit card.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-consumers-trapped-in-credit-card-debt-for-longer-than-thought\/","url_meta":{"origin":12138,"position":3},"title":"UK consumers trapped in credit card debt for longer than thought","date":"January 8, 2018","format":false,"excerpt":"\r Bank of England and financial watchdog found 89% of card debt was held by consumers also in debt two years agoBritish consumers are trapped by credit card debt for longer than previously thought, according to a study by officials at the Bank of England and the City regulator, as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89594,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urged-to-extend-cap-on-payday-loan-fees-to-other-forms-of-credit\/","url_meta":{"origin":12138,"position":4},"title":"FCA urged to extend cap on payday loan fees to other forms of credit","date":"May 27, 2018","format":false,"excerpt":"\r Debt charities and MPs want action when City watchdog\u2019s 18-month review is publishedThe City watchdog is facing mounting pressure to extend its cap on payday lending fees and interest to a broader range of high-cost financial products before a major review of lending practices this week. Debt charities and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-great-credit-card-rip-off\/","url_meta":{"origin":12138,"position":5},"title":"The great credit card rip off","date":"February 14, 2015","format":false,"excerpt":"\r While the Bank of England base rate has been stuck on 0.5% for five years, the interest charged on card balances has shot up to nearly 19%Are you being ripped off by your credit card company? Figures from the Bank of England this week reveal that far from cutting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/12138"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=12138"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/12138\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=12138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=12138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=12138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}