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Personal debt is at an all-time high right now, but there is help for people. There are several ways to help with debt and the pages of our site will show you how to take action. In this article, you will find out how to reclaim the credit card costs that even the UK government says are unreasonable. Bank charges are also under investigation so find out the latest information on how this issue could be resolved. You can also find advice on how to budget your money to help you get out of debt. Learning to manage the money you do have and not live beyond your means is achievable, so find out what you can do.

The first thing you may want to take a look at is the reclaiming credit card costs template. Since 2006 the Office of Fair Trading has ruled that these fees of up to thirty-five pounds are unfair. The consumer law says that charges the credit card company add to your bill have to be in proportion to the actual cost they incur. It doesn’t seem right that it costs such a hefty amount to send out a letter that has been automated for years. The simple fact is that they shouldn’t have fined you in the first place. This is why using the debt templates at our website should help you get this money returned.

Although the OFT really doesn’t have technical power to get the credit card companies to charge no more than twelve pounds many of the companies complied. Because of this, it could be possible to reclaim at least twenty-three pounds if you were charged thirty-five. In some instances, people received the entire thirty-five pounds back. This site has the debt letter templates to get you started.

If you haven’t kept all of your credit card bills for the past six years you can request the information of the past charges from the credit card company. There is a chance that they will charge you for this service as they are legally allowed to do so, but you also have a legal right to this information. There is a template for this data information. The credit card company only has forty days to respond. If a phone call still doesn’t produce the report you can report the company to the Information Commissioner.

Once you have the information you need, decide on how much you are going to try and reclaim. When that decision is made, use the letter template that asks for your money back. Rarely do you get your money back the first time, but congratulations if you do. The more likely scenario is that they will tell you it has been placed on hold as the bank charges have been. This is not accurate so be prepared to continue the fight. Write a second letter using the case placed on hold template.

You may get a response telling you they will pay something, but perhaps not all of the money you were asking for. Only you can decide if the amount offered is enough. If you choose to carry on, the next step is the template letter that states you will continue this process through the courts. They may come back with an offer that is closer to the entire amount; again only you will know if this is enough. If you choose the courts you can use a Financial Ombudsman Service or Small Claims Court. There is advice on both methods on this site. There is also a guide on the Ombudsman help and how they work. You can also find guides on claims and what to do if the claim has stayed in court. Whatever route you decide to take in reclaiming those credit card charges you can feel confident that the information is current and easy to understand.

Within these pages, you can find ways to manage your debt through debt reduction, debt consolidation loans and debt counsellors. They can help you negotiate with credit card companies and your other creditors to have lower interest rates and those credit card fees waived. Whatever your needs for the personal debt we are here to help.