Bank fined €2k after refusing car loan to woman for being ‘too old’

SENIORS’ rights campaigners have welcomed a penalty slapped on a bank which refused a car loan to a customer because she was too old.

Ulster Bank was ordered to pay €2,000 compensation to Phyllis Fahey, who was 70 at the time, for breaking age discrimination laws after they told her she could only be a candidate if she was under 65.

Ms Fahey was a customer of the bank’s Maynooth, Co Kildare, branch for 10 years when the incident happened in 2005, had savings on deposit there and had no outstanding borrowings with the bank.