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late payment charges

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DaveW | 20:16 Tue 10th Oct 2006 | Business & Finance
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My other half made a late payment on her credit card last month. She has just had her statement through and has been charged �12.00 for doing so. I thought that this practice had recently being stopped and people were claiming these charges back from the banks. I would be grateful if someone could throw some light on the subject. Thanks.
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It used to be between �30 to �35 for late payment. The new legislation is to charge a more appropriate rate therefore �12.
oldwoman is right.

Banks and credit card companies are allowed to charge a reasonable administration fee, not an extortionate penalty.

�12 is reasonable.
Your could ring them and ask if they will reconsider, if this is a one off you may be lucky.
Have a read on here about charges http://www.consumeractiongroup.co.uk/

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