Seems the banks can still do what they like and not inform their customers;
SIX credit card providers have hiked their charges for consumers at a time when most people are struggling to pay bills, the Irish Independent has learned.
Last night the move was condemned by consumer representative bodies, which accused credit card companies of exploiting people when they are financially vulnerable.
Leading credit-card providers including AIB, Ulster Bank, Permanent TSB, Bank of Ireland, Halifax and National Irish Bank have either increased the rates they charge on their cards or imposed higher fees for making the likes of late payments.
The imposition of higher charges on credit cards comes despite a record six falls in European Central Bank interest rates, which has seen the main rate fall to a historic low of 1pc.
SIX credit card providers have hiked their charges for consumers at a time when most people are struggling to pay bills, the Irish Independent has learned.
Last night the move was condemned by consumer representative bodies, which accused credit card companies of exploiting people when they are financially vulnerable.
Leading credit-card providers including AIB, Ulster Bank, Permanent TSB, Bank of Ireland, Halifax and National Irish Bank have either increased the rates they charge on their cards or imposed higher fees for making the likes of late payments.
The imposition of higher charges on credit cards comes despite a record six falls in European Central Bank interest rates, which has seen the main rate fall to a historic low of 1pc.