Lloyds TSB are getting Sloppy "WON*

Badgerboy · 10th March 2006, 20:52

Hi,

I am new to the site and wondered if there is a template for the initial letter you send to the bank asking what charges you have incurred over the last six years. Also the address you mail it to.

Any assistance would be much appreciated.

Thanks

richardc · 10th March 2006, 20:54

PLEASE READ THE FAQ

Badgerboy · 12th March 2006, 11:56

Will do thanks

Badgerboy · 13th March 2006, 21:17

I looked in the FAQ as directed but there isn't a copy of a letter to send to ascertain my charges for the past six years. No problems I will devise one myself.

rivendale0506 · 13th March 2006, 21:21

yes there is it is a Data Protection Act request....

BankFodder · 13th March 2006, 21:29

... in the library.

You have to read around the forum material. ther is a lot of it and you should allow a couple of days.

Badgerboy · 14th March 2006, 20:27

Just wanted to know what charges I can try to claim back, I know Unpaid DD charges and excessive Overdraft charges can be but can overdraft interest charges be claimed also or not??

Sorry if this is in the Library but I trawled through it and couldn't see it anywhere.

Also when sending my letter off do I need to highlight the charges for both accounts I am claiming for seperately or do I lump them together??

BankFodder · 14th March 2006, 20:29

This has been discussed many times. Search on "interest" and "overdraft".

It doesn't matter of you pool the accuonts of it is less than £5000. This has been dealt with many times as well.

Badgerboy · 15th March 2006, 13:56

I appreciate it may well have done Mr Bankfodder but as the site isn't the easiest to surf and locate relevant information I thought I would merely ask the question.

Thanks for the direction.

BankFodder · 15th March 2006, 14:07

You can always go to www.bankcahrgeshell.co.uk then. That may be more your type of place.

Badgerboy · 15th March 2006, 14:12

You could always get rid of that big ego of yours and try helping people alittle more rather than being so condescending all the time.

We are all in the same boat, just looking for some friendly advice as to how and what we can claim back from our banks.

I appreciate your comments but do actually quite like the site, it is only your tone I do not.

BankFodder · 15th March 2006, 14:20

Quote:

Originally Posted by BankFodder

You can always go to www.bankcahrgeshell.co.uk then. That may be more your type of place.

Badgerboy · 15th March 2006, 14:33

Rude and iliterate, that's a good combination. I think you meant to write Bankchargeshell not cahrges.

I am going now and will of course let you know how I get on with my claim. Let bygones be bygones, I have.

Badgerboy · 28th March 2006, 16:06

Hi,

Can I claim overdraft interest as well as excessive overdraft charges??

I am getting confused, can I only claim the overdraft interest when I have paid an excessive fee or can I claim any overdraft interest. This reason I ask is when I was £900 overdrawn I was paying anything between £20 - £30 overdraft interest but wasn't always incurring and excessive overdraft charge.

This makes quite a difference to the amount I will be claiming. I have looked in the FAQ's and the library but cannot see this anywhere.

The template letter requesting charges to be repaid states :

What I require
I calculate that you have taken £ plus £ which you have charged me in overdraft interest for the sum which you have taken. Total £

Is this referring to the 8% you can claim back of them or is this any overdraft interest you have paid ever.

Any help would be appreciated.

packjoker · 28th March 2006, 18:15

Yes, I agree. This is a little confusing.

As I understand it, I would assume you can only claim for the interest on the amount of the specific (unfair) charge for the time you remain over your overdraft limit. I don't think you would be able to make a justified claim for the usual monthly interest they would charge on the agreed overdraft if you used the facility. (i.e using your overdraft, but not going over your limit)

I don't think I have the mental capacity or will to work out the proportions of interest on specific charges while I was overdrawn and paying interest on my overdraft. I would need to know the interest rate I was paying on my agreed overdraft at the time (going back 6 years), I would then need to know how much over my overdraft any penalty charges took me - and for how long - to work out the proportion of interest A& L were charging me, on the penalty charge incurred. I think... It's hurting my brain now..

I would also welcome some clarity on this, as I am about to issue A&L with the Letter Before Action as I have now received the (700 pages of) information I requested in order to determine how just how much they have fleeced from me. (£548.00) I was just going to take out the last sentence about interest. If it goes to court they will have to pay another 8% anyway which take the total claim up to £742.00. Happy daze....

PJ

Badgerboy · 29th March 2006, 14:29

Cheers PJ,

It makes a difference with my claim unfortunately for the worst if your correct re the overdraft interest, which if I am honest I was thinking would be the case. But you can hope can't you.

I will send my claim through for the amount charged then excluding the O/D interest. Is your £448 made up purely of excessive charges and no O/D interest at all, if so what do you put for the bit in the letter that says "I calculate that you have taken £ plus £ which ....

Still confused, I have £550 in charges so do I just put the £550 in excessive overdraft charges and that's it. What amount needs to go in the first bit that says "I calculate that you have taken £", surely if there is no interest added in either then the amount is just £550. Am I right or am I just confusing the matter unnecessarily.

Cheers

Badgerboy

Badgerboy · 29th March 2006, 15:15

I am about to send my initial letter to Lloyds asking them for my money back, I got the template from the Bank Template Library. It says they have 14 days to come back to me if not I will send another letter giving them 14 more days in which to respond to me before I take action (or words to those effects).

I also noticed another letter in the same Library which just says you have 14 days notice otherwise I will start a claim against you for money plus interest, plus costs etc.

Which letter do I need to use as both of them have pretty much the same text up until the last paragraph.

Any direction would be appreciated.

Thanks

BankFodder · 29th March 2006, 15:34

The preliminary letter is first. The letter before action which says that you will begin your claim in 14 days is second.
The Good News comes third!!

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