Interest Advice Wanted

[multivenue]

Hi, just about to get into all this properly and could really do with a bit of advice. I have just recieved all my statements, however they only go back to Aug 01 not March 01 as requested. Can any one let me know the quickest way to chase these up? Should I write, phone or email and who? Is this the first of many delaying tactics?
But my biggest confusion is regarding calculating interest. I have put all the charges into the Excell complex bank charges calc sheet (England) and cannot decide what is the best thing to do re interest. I have read the guidance and several threads but am still unsure. I understand I cannot claim the 8% until court proceedings begin but should I change the 8% (on the spreadsheet) to 29.8% and claim their interest rate on all my charges? This does increase the claimed amount by quite an impressive amount. Am I right in understanding that this means I do not then add 8% to any court claim? It's great to have this resource available, I'm really grateful to you all.

	Bank Charges You should have started your claim for your bank charges by now. Don't wait. You should send your bank a Subject Acess Request asking for all personal data they hold on you - not just statements. You should calculate all of your bank charges and related interest as far back as 1995. You should send your bank a demand for a refund giving them 7 days. You should commence your legal action adding 8% statutory interest. If you wait for the outcome of the test case, you may not be able to claim like this. you may not be able to claim interest. You may only be offered the difference between the charge and the OFT "fair charge". The repayment scheme will try to limit you to refinds from 2001 only. A repayment scheme will not deal with any bank charges related defaults on the credit register whereas in a court action you can ask for these to be removed and to be compensated for the damage caused to you and your family by them. You should also write to the bank and to the CRA and put all charges related credit entries in disupte and warn them that you will want them removed from the Register when the test case is over. Warn them also that you are likely to be seeking compensation for these wrongful data entries. Full and final settlement Have you previously accepted a partial repayment of your bank charges in full settlement? You will still be able to claim the rest of your money back after the Test case is decided. Get all your information back to 1995 and put in your claim now.

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.