Financial jargon

Plain English Campaign are supporting the campaign from Consumer Focus Wales to get rid of financial gobbledygook.

Chrissie Maher says, “It’s disgraceful that banks and insurance companies have such a hold over us through their use of language. Often it means the customer is left with little clarity, and all the responsibility.  Terms and conditions, credit-card agreements, overdraft letters - they might as well be in a foreign language. English is my first language and I struggle with this financial gobbledygook.  Goodness knows how anyone with English as a second language can cope.”