广东11选5网易完整版

发布时间:2020-02-26 17:26:45
Clydesdale Bank and Yorkshire Bank to pay 42m back to customers after mortgage

blunderClydesdale Bank has been left with a 42million bill after

a mortgage blunder. Some customers will get more tha广东11选5网易完整版 n 18,000 back after the Cl

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desdale and sister firm Yorkshire Bank miscalculated repayments for 42,500 variable loans. The error dated back to 2005 but began to have a big impact in 2008 when rates tumbled. The firm, owned by the National Austral

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a Bank, reduced repayments by too little for

some customers and too much for others. The mistake was spotted in April 2009 but it took another year for it to be corrected, when it wrote to customers who’d paid too little asking them to make the money up through higher repayments. City regulator the Financial Conduct Authority yest

erday fined the Clydesdale 8.9m after ruling the letters suggested they had no option. The Clydesdale has agreed to repay 22,000 customers who were ask

ed to make up shortfalls averaging 970 each, but more than 18,000 in some cases. It has also compensated customers who paid

too much.