Add Yahoo as a preferred source to see more of our stories on Google. Martin Lewis says many people wrongly prioritise paying off their credit card debts instead of their overdrafts. (Getty Images) ...

New rules which ban 'unfair' overdraft fees have been welcomed by financial expert Martin Lewis who has led a 10-year campaign to scrap them. The Financial Conduct Authority (FCA) announced on Friday ...

Media and political criticism of the new fees was sharpened by the Financial Conduct Authority’s proposed crackdown on what it labelled a ‘dysfunctional market’. Although Lloyds Banking Group have ...

Unarranged overdraft fees can cost bank customers up to seven and a half times more than borrowing from a payday loan company, new research shows. But there are steps you can take to avoid these ...

LONDON, Mar 1 (Reuters) - Lawmakers have criticized a move by Britain's Lloyds Banking Group to impose more expensive and complex overdraft fees on customers only months before a regulatory clampdown.