Some Ulster Bank Customers to have credit card debts written off

Some Ulster Bank customers with outstanding balances on personal credit cards have had their debts written-off.

The bank, which closed its operations here last year, says customers with outstanding balances who previously engaged with the bank have had their accounts cleared.

Ulster Bank says the process will have no negative impact on the credit ratings of these customers.

The Irish Times’ Consumer Affairs Correspondent, Conor Pope says it’s a very unexpected move by a bank:

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