Hi, most credit card companies charge interest daily, 18.9% in my case, on all transaction including default charges. Most claimants are claiming from there credit card companies before oft report, when default charges = £25.00 for example. Even if you paid off the full balance the following month, the credit card companies would have made 40 pence interest on the £25 default charge = £25.40. The law of penalty charges permits the recovery only of losses caused by a contractual breach. Therefore are credit card companies recovering 40 pence more than it costing them, does that not count as a profit?

hi if a credit card agreement is not signed by both you and the creditor is it not legally binding, because a credit card company has stated that Reg 3 (2) of the Consumer Credit (Cancellation Notices and Copies of Documents) Regulations 1983 allows that certain items may be omitted from such copies, including the signature box and signature; is this correct?

hi, a pal of mine who has a citi credit card tells me he had a letter from citi, 30 days notice, that their standard monthly interest rate has gone up to 27.9%pa a rise of 60%, citi must need this money to pay brian smith bill. Has anybody else had a letter.

hi my case v citi cards has been transfer to salford today, steve chester

hi my case v citi card has been transfer to salford today

Hi, I need some help?, going to issue HSBC in the small claims court with a none compliance after the 7 day extention of time to comply with SUBJECT ACCESS REQUEST ran out,thanks to ALANFROMDERBY copied temp letters in his thread. My credit card account is now with HSBC in house debt collectors METROPOLITAN Collection Services who are handling all administration of the account.When complating the section on Defentants do i include both and if so where does the 2nd defentants address go.

hi thanks for your link,first time i filled one of these form in need to get it right, much better idea now.Keep you posted. FORD CREDIT £50.00. HFC BANK £389.52.NI FORM CITI CARDS £621.11 N1 FORM.

ok thanks

Hi can any one tell me what i put in the section brief details of claim.

Many thanks for your help, Pal

Many thanks i will tried that.

Hi can any body help me i need to buy The Lawpack Small Claims Kit from the consumer action group using a cheque, sent two e-mails to contacts us at bottom of the page, must have done something wrong. FORD CREDIT-PAID IN FULL £25 MARBLES CREDIT CARD £389.52 L.B.A SENT 18/8/06 CITA CREDIT CARD £621.93 L.B.A SENT 18/8/06

Looking carefually at my statements from Nationwide, i notice that most of the bank charges are for return direct debits to bt, sky and npower etc, who in turn have also hit me for charges can i also ask them for my money back?

Hi After recently obtaining a copy of my credit file from Experian I was very concerned to note HSBC Bank have placed a default notice against my name on the 19th December 2004. I wrote to HSBC card services to ask them to send me a copy of the default notice as I have never received this default notice. HSBC card services sent me a reply stating " I regret I am unable to provide a copy of the default notice issued on this account as the letter is a system produced item and a copy is not retained'. To fully investigate this matter and my charges, sent off a letter similar to your action group, I am sure the charges caused the default in the first place. Waiting for a replay keep you posted.