.........that left 300,000 customers out of pocket


  • Blunders relate to personal loans dating back to October 2008
  • Barclays has warned its Barclaycard division could also have been affected
  • Barclays faces a £50m fine over allegations it channelled more than £300m in secret fees to Middle Eastern investors



Barclays will have to refund £100million next month after 300,000 customers were overcharged because of paperwork blunders. The bank admitted yesterday it had breached the Consumer Credit Act by wrongly charging interest to personal loan customers in a series of errors dating back to 2008. Up to 300,000 Barclays customers could be in line for a windfall of a few hundred pounds each as repayment for the errors, which relate to arrears notices and statements.....Read more here