Sentence examples for punitive fees from inspiring English sources

This week both houses of Congress voted through a bill that would sharply curtail card issuers' ability to charge punitive fees and raise interest rates.

The abrupt reversal of Ryanair's hard-line stance on a raft of punitive fees, and a promise to improve customer service, follow two profit warnings in the past three months.

Consumer experts say the narrow range of players means uniformly poor customer service: punitive fees on unauthorised overdrafts, puny returns on Isas, inflexibly packaged accounts and a lemming-like rush to mis-sell payment protection insurance.

Mr Tomlinson said RBS had been "unnecessarily engineering a default" at ailing companies to move them to its Global Reconstruction Group where the bank charged punitive fees, increased its interest rates and seized assets at prices well below their market value.

Under the rules of other CSAs, savers who fail to meet their targets see their balances gradually dwindle, as punitive fees kick in .People in poverty often need access to their cash at short notice, whether for a medical emergency or to take advantage of a business opportunity," says Nava Ashraf of Harvard University.

As tensions rise in the often fractious trade relations of the United States and the European Union, the European Commission is about to propose allowing its members to suspend landing rights and charge punitive fees to airlines based outside the union.

The majority of fund investors suffer from punitive fee structures, overtrading, fund proliferation, closet indexing and over-diversification," Smith said.

"We want that to be a punitive fee because we want people to take care of it early," Mr. Baldanza said.

Mr. Huntsman also proposes a hard cap on leverage and, as a complement to this, a punitive fee on bank size: The fee would incentivize the major banks to slim themselves down; failure to do so would result in increasing the fee until the banks are systemically safe.

The punitive fee came after the IRS audited its 2006, 2007 and 2008 federal tax returns and refused to accept the not-for-profit's $2.6 million in business deductions.

ONE of the dirtiest tricks played on American consumers is the way their country's mobile-phone companies force them to use phones sold through the companies' stores, then lock them into two-year contracts with punitive cancellation fees.