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Michael Browne

Credit card firm New Day to refund unfair charges

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Over 180,000 customers of credit card firm NewDay, will be refunded over £4 million after the firm admitted it unfairly charged customers.

 

NewDay provides a mixture of store cards and credit cards for the likes of Debenhams, House of Fraser, Topshop and Topman, as well as credit cards for the likes of Aqua and Marbles, which are typically used by those with a poor credit score.

 

About 3% of customers are due redress of £20 each on average after the company found that default fees and other charges triggered additional charges

 

If you're due a refund you don't need to take any action, as New Day will be writing to you directly over the next two to three months.

 

 

http://www.moneywise.co.uk/news/2016-03-24/provider-behind-debenhams-and-topshop-store-cards-to-refund-180000-customers

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