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Abuneri

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  1. Thanks Make them... Thanks once again. I will start with attacking the highest interest card and replicate this for all cards until the end, whilst moving balances to interest free cards accordingly Cheers, Abs
  2. Thanks alot Rory and Make Active... I am going to a be a rate tart for now and pay off as I much as I can on the my cards. This way I am not locked into to a high interest rate loan. With determination, I should be able to clear this in a couple of years. I am also due a pay rise in August which should help me in this fight. As regards overlimit charges, these were not many as I kept pretty much within limit except Barclaycard, to whom I wrote recently and they knocked off £140 from my balance in charges refunds. Cheers all. Abs
  3. Thanks once again KeefG for your response. Appreciate it. My credit rating is not the strongest (FAIR), but it would be wise to shop around for an alternative loan just in case. Will of course insist on quotation searches first so as not to damage my credit rating further. Will also look into switching to interest free credit cards to save on the punitive interest rates I am paying out at the moment. Yes you are right, either way I look at it, I am encumbered with a debt - loan or no loan, just that the loan route as you point out will save me more long term. Cheers K. Regards, Abs
  4. Thanks alot for your quick response KeefG. Repaying mininum payments only on my current credit cards currently costs me £127 per month and I am comfortable with this. However, the interest on them is quite high - the Lloyds cc for example whacks me approx £22 per month in interest on top of the £30 minimum payment per month. I reckon it will take me more than 6 years to clear them off at the minimum payment rate. The dilemma is whether to stick with the credit cards and overpay them instead rather than locking myself in with the loan ? Is this a competitive rate ? Or did Lloyds do the hard sell on me? Please advise. Thanks, Abs
  5. Hi all at CAG, my question regards debt management. I got a call from today from LLoyds TSB and went in for a chat. The Account manager basically advised me to take out a consolidation loan of £6000 and use to pay off my credit cards - I have 4 of them with total balances of around £5,500. This catch is this loan seems expensive: APR 18.3%, repayable over 5 years @ £150 per month without protection insurance. Total repayable £8885. Cost of interest £2885. Lloyds gave me 30 days to think about it and return it in full if I don't want it. Please advise if it would be right to consolidate and or take this loan. Thank you, Abs.
  6. Cyrano, as you wish to reclaim the various direct debit payments taken from you for gym services your wife did not use, in my view you could start by totalling all the charges you want refunded and then write a letter requesting a full refund. Give them a deadline, say 14 days, afterwhich if no satisfactory response is forthcoming, you will take legal action. If you then have to go to court, download an N1 claim form from Her Majesty's Court Service:(https://www.moneyclaim.gov.uk/csmco2/index.jsp Fill in the form with the relevant details - the gym's full legal name (defendant), the amount you are claiming, etc. The Court will serve them this claim and they will have to file a defence within a specified period. This is where they will get thinking! Do they have a valid contract with you for the direct debits taken from you after the free period ? As this will now be a court matter, I am certain they will not ignore it/you. Good luck. The I am sure once they receive a
  7. She filled in all the paper BUT DID NOT SIGN the accept terms and conditions box. On my side, as she asked me, I SIGNED the direct debit. We have not been told the it was for an automatic renewal, neither that we have to write them a letter to cancel the subscription (after the 3 months). Cyrano, in my view this is the heart of the matter in your case. I presume your wife filled in a gym registration form bearing the 3 month offer, but as you say did not sign the terms and conditions box. I would say the fact that she used the gym during this time amounts to acceptance of a contract by conduct. IF the forms she filled in for this 3 month offer did not explicitly state (or if the gym personnel did not expressely inform you) that you must cancel or renew once the 3 months are up, then you may have a right to challenge this contract on the grounds of misrepresentation. The court will look at this form to determine whether in the small print, a post-3 month contract kicked-in. In fairness, the gym ought to refund all the monies taken since your wife did not use the gym. The other thing I find odd is that normally gym memberships are for a fixed term - monthly, quarterly, six-months, or annual memberships. And so how they can continue to take the 20 payments without sending you a gym renewal letter all this time is strange too. Good luck. Abs
  8. Hi drbromley, I also have several late payments on my credit file, though not due to exceeding an overdraft but simply paying late due to financial difficulties. I have posted on this forum about whether/how it is possible to get late payments removed from one's credit file and I am afraid to say the response has been slow coming. In your case however, as you have had late charges on your credit file due to penalty charges, which are being challenged by several consumers as excessive and illegal, I would suggest you go down the route of first reclaiming these charges from A&L. Once refunded to you, you can then insist that A&L (the relevant data officer) wipe off any adverse entries on your credit file as a result of these 'illegal' penalty charges. Have a look at the bank charges reclaim forum on this website. Cheers, Abs
  9. Hi guys, I have the following on my Experian Credit record: Lloyds Credit card - 1 late payment - Sept 06 Barclaycard - 1 month late - Jan 06 GE Capital Store card 1 - 1 month - Oct 06 GE Capital Store card 2 - 5 months of lates - Jan - Jul 06 Shop Direct Catalogue - 5 months of lates and Arrangement to pay for May to Aug 06. Account settled and closed in Sept 06, but £355 showing in Delinquent balance. NTL - 9 payments 1 month late, 4 payments 2months late, 9 payments 3months late for 2003 and preceding years. I have NO CCJs. But I have had loan applications declined. Question is can these late payments/arrangement to pay be removed from my credit file ? Thanks, A
  10. Sorry Newbie, been terribly busy lately. An update on my case, I applied to court to amend my particulars of claim - cost me £35 and now have a court date late July. The court has asked for my bank statement, full list of charges with dates and case evidence/legislation relied on. I will send these on and wait for trial. I expect Barclays to settle at the last minute. On the other hand the current case of Brennan v NatWest - in which Brennan is seeking exemplary damages for Natwest's bank charges, may force a full trial of the case resulting in a precedent case which - if in our favour - will force the banks to refund all the bank charges they have levied on customers. So lets wait and see! Cheers. Abuneri
  11. Hello all, my first posting! A big one too. I have also received a defence from Barclays. In my case however, they state that my POC (which I filed on MoneyClaim Online) did not provide precise details of the charges. They further want me to prove each charge and date thereof. They then go on with the characteristic legalese defence of account charges as stipulated in their standard terms and conditions. I did not send to Money Claim a list of charges I am reclaiming, but had written to Barclays a last letter of intention to sue and a spreadsheet of charges/dates, and Moneysavingexpert-generated interest charges total due. Here is my POC as filed on Money Claim Online. Between 05/02/2001 and 14/09/2006 the defendant applied numerous default charges to the claimant’s current bank account number xxxxxxxx. The charges applied constitute an unfair penalty under the Unfair Terms in Consumer Contracts Regulations. Under the County Courts Act 1984, the claimant is entitled to interest at a rate of 8% per annum from the date they were first deprived of the money to the date of this claim. The statutory daily rate is 0.021%. The claimant therefore asks the court to enter judgemnt in their favour for the sum of £745 plus interest of £232.32, amounting to a total of £977.32. My questions are: Do I need to amend my POC? Do I need to submit my bank statements for these charges ?
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