Tails you lose. That is how loan agreements sold by High Street banks to thousands of small businesses seem to operate. The Herald reports today that business customers of just one bank – RBS, which is 83% owned by taxpayers – may have been obliged to hand over £3 billion in extra payments on loan agreements which were allegedly miss-sold.
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FSA must act on business loans
Heads they win.
Tails you lose. That is how loan agreements sold by High Street banks to thousands of small businesses seem to operate. The Herald reports today that business customers of just one bank – RBS, which is 83% owned by taxpayers – may have been obliged to hand over £3 billion in extra payments on loan agreements which were allegedly miss-sold.
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We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
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