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NewDay to repay GBP4 million to credit-card customers, UK FCA says

( March 24, 2016, 14:20 GMT | Official Statement) -- MLex Summary: Credit-card firm, NewDay will refund more than 4 million pounds ($5.6 million) to over 180,000 customers following disclosures made to the UK Financial Conduct Authority, according to a statement released by the watchdog today. NewDay identified that default fees and other charges triggered unfair extra levies in a small number of cases, the FCA said.The full statement follows. The full report is attached below. ...

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