Thursday June 4, 2020

Will banks face a tidal wave of overcharging cases?

Permanent TSB has admitted to overcharging tracker mortgage customers. Could other banks now face similar claims?

30th August, 2015

The ongoing Permanent TSB tracker mortgage overcharging scandal has given rise to speculation that the tracker mortgage customers of other banks may have been the victim of equally costly mistakes.

Last week, this newspaper reported that AIB was facing legal action from customers alleging they were overcharged as the bank didn’t switch them on to a low-priced tracker mortgage rate. The debt advisory group, New Beginning, has filed proceedings against AIB on behalf of a...

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