{"id":25255,"date":"2016-09-07T02:25:20","date_gmt":"2016-09-06T19:25:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/consumers-dont-stand-a-chance-of-finding-best-deal-on-overdraft\/"},"modified":"2016-09-07T02:29:02","modified_gmt":"2016-09-06T19:29:02","slug":"consumers-dont-stand-a-chance-of-finding-best-deal-on-overdraft","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consumers-dont-stand-a-chance-of-finding-best-deal-on-overdraft\/","title":{"rendered":"Consumers &#039;don&#039;t stand a chance&#039; of finding best deal on overdraft"},"content":{"rendered":"<p>&#013;<br \/>\nTreasury select committee calls on high street banks for urgent action on authorised and unauthorised overdraft chargesMPs have lambasted major banks for excessive overdraft charges and proposed an industry-wide cap on fees after concluding that consumers \u201cdon\u2019t stand a chance\u201d of being able to identify the best deal. Related: Banks await decision on proposals to cap overdraft charges  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/sep\/06\/consumers-dont-stand-chance-finding-good-deal-overdraft\" target=\"_blank\">Consumers &#8216;don&#8217;t stand a chance&#8217; of finding best deal on overdraft<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Treasury select committee calls on high street banks for urgent action on authorised and unauthorised&#46;&#46;&#46;<\/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-25255","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\/p75ss1-6zl","jetpack-related-posts":[{"id":90014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/court-backs-banks-on-overdraft-charges\/","url_meta":{"origin":25255,"position":0},"title":"Court backs banks on overdraft charges","date":"November 26, 2009","format":false,"excerpt":"\r In blow to consumers, supreme court rules OFT does not have power to decide whether unauthorised charges are fairMillions of bank customers hoping to be refunded their overdraft charges were dealt a surprise blow today when the supreme court handed high street banks a landmark victory over the Office\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-cant-the-uk-cap-overdraft-fees-some-us-states-have-a-7-limit\/","url_meta":{"origin":25255,"position":1},"title":"Why can&#039;t the UK cap overdraft fees? Some US states have a 7% limit","date":"May 31, 2018","format":false,"excerpt":"\r The FCA\u2019s new measures don\u2019t go far enough to protect consumers from sky-high bank chargesYou check your account balance at a cash machine and what do you see? You have, say, \u00a31,200 in your account \u2013 but \u201cavailable funds\u201d of \u00a32,200. It\u2019s one of the tricks used by banks\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bill-sets-out-plan-to-tackle-extortionate-uk-overdraft-fees\/","url_meta":{"origin":25255,"position":2},"title":"Bill sets out plan to tackle &#039;extortionate&#039; UK overdraft fees","date":"April 23, 2017","format":false,"excerpt":"\r Legislation proposed by MP Rachel Reeves would make banks subject to similar rules as payday lendersBank customers ripped off by \u201cextortionate\u201d overdraft fees will get support next week from a parliamentary bill that promises to protect the most financially vulnerable from escalating charges.Rachel Reeves, a Labour MP who sits\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-have-2m-customers-stuck-in-permanent-overdraft\/","url_meta":{"origin":25255,"position":3},"title":"UK banks have 2m customers stuck in permanent overdraft","date":"December 6, 2017","format":false,"excerpt":"\r Charity warns of unaffordable lending in overdraft market creating a \u2018vicious cycle\u2019 of debt More than 2 million people in the UK are stuck with permanent overdrafts, with many trapped in a \u201cvicious cycle\u201d of borrowing, according to a debt charity.StepChange said it had also uncovered evidence of unaffordable\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overdraft-fees-to-be-capped-as-cma-looks-to-boost-competition-between-banks\/","url_meta":{"origin":25255,"position":4},"title":"Overdraft fees to be capped as CMA looks to boost competition between banks","date":"May 17, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Overdraft fees to be capped as CMA looks to boost competition between banks","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25249,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-demand-cap-on-overdraft-fees\/","url_meta":{"origin":25255,"position":5},"title":"MPs demand cap on overdraft fees","date":"September 7, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...MPs demand cap on overdraft fees","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/25255"}],"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=25255"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/25255\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=25255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=25255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=25255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}