Sunday July 5, 2020

Another shaming episode for Irish financial institutions

High level management effectively bullied and confused customers into more expensive mortgage repayments

19th October, 2017
Central Bank to issue new tracker update in March

Two years after the issue of how the Irish banks were treating their tracker mortgage customers emerged, it remains unclear just how many people are actually affected by the delinquency of bankers.

Of the 13,000 identified so far, a number that could well rise to 20,000, just a quarter have got a refund and compensation, many have yet to be restored to the correct interest rate.

Approximately 60 per cent of the impacted accounts are a result...

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