Winners of the "X Factor" talent show might be topping the charts just now but come the New Year, a song with the unlikely subject of bank overdraft charges might just be knocking them off the perch.

It will be the second pop song inspired by the world of personal finance in four months.

First the trio of Sheilas from car insurer Sheila's Wheels released a single: they teamed up with legendary producers Stock, Aitken and Waterman to record their debut single "(I'm So) Happy Happy (You're Mine)" in September.

Now, the bank charges debacle has been documented in song. "I Fought the Lloyds and the Lloyds Lost", sung to the tune of The Clash's "I Fought the Law", will be released on Jan. 7.

Oystar's singer Dan penned the song after successfully claiming back 530 pounds in overdraft charges from Lloyds TSB. He sings: "It's us against the banks, time to sign that petition/ And play this song outside your local branch till they listen/ Come on you bankers! Give us our cash/ Cos we won't stop singing till we get it all back."

The tune proved so popular on the MoneySavingExpert.com chat forum and weekly e-mail to subscribers that music producers offered to release it as a single. "Hurray - the biggest consumer revolution since the council tax riots has its own music," says Web site founder Martin Lewis. "While it's a fun, catchy tune, make no mistake; this is a good old-fashioned political protest song like the best of them. It's about taking on the power of the big banks and winning."

If it succeeds in its chart bid, it will enter on Sunday Jan. 13 -- a day before the Office of Fair Trading's test case on the issue is expected to start. The High Court case, expected to last eight to 10 days, involves seven major banks and one building society and aims to decide the principles of reclaiming bank charges -- levied when consumers go into the red beyond their agreed overdraft or when a cheque bounces, for example.

It takes roughly 15,000 downloads to get into the top 10 and 30,000 to be a number one. And with more than 4.4 million bank charges reclaiming template letters having been downloaded in the last year, the protest song might just succeed in its bid for the top spot.