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Egg Move Could Leave Customers In No-man’s Land
4 February 2008
Commenting on the news that internet bank egg is cancelling 161,000 credit cards, Eddie Lynch, Head of Consumer Affairs at the Consumer Council said: “Juggling finances is hard enough but getting a letter out of the blue cancelling your credit card will leave consumers high and dry and having to urgently find other credit. We recognise that banks can choose who they offer credit to but we question how and why egg has arbitrarily branded some customers as “high risk”.
Cash, Cheques And Cards – Past, Present Or Future?
24 January 2008
The Consumer Council is hosting an event today to look at how we access and transfer our money. Will we be using cheques for much longer? What would we do if we couldn’t get money from the cash machine? These are just some of the many questions posed to representatives from financial institutions, local government, the public, community and voluntary sectors at a conference at the Stormont Hotel today in partnership with the Payments Council.
Consumer Power Forces Banks Into Court
14 January 2008
The Consumer Council says pressure applied by Northern Ireland bank customers has finally paid off as banks are forced to defend their penalty charges before a High Court judge in London today. The Office of Fair Trading test case will establish if charges placed on customers who stray into the red without permission are fair.
Putting Pounds To Work For People - Reclaiming Money From Dormant Bank And Building Society Accounts
28 November 2007
The Consumer Council today welcomed the Assembly's support for new legislation (1) that should reunite local people with forgotten money from old bank and building society accounts.
Consumer Council Statement On Northern Bank's New Account For Young People
12 November 2007
Julie Megrath, Financial Capability Co-ordinator said: “Whether it's choosing a new mobile phone or taking out a student loan, young people find themselves facing tough choices when it comes to managing their money.

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