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Hello to all in the forums, I am new to CAG and would welcome some help on interest calculation.
Amount claimed from Barclaycard on behalf of my son is £558.21, this includes interest calculated as at 23rd May 2007.
Letter received from Barclaycard 30th May offering a goodwill payment of £202.
I wrote back on 14th June and advised that £202 would be accepted as part payment without prejudice but would continue the claim for the full amount of £558.21.
They are still refusing to settle the full amount so I am now going to start court proceedings.
However I do not know how to calculate the interest as they credited £202 to my son's Barclaycard account on 30th May so I need to deduct this from the final amount to be claimed and also the interest originally calculated was as at 23rd May so I presumably need to calculate the interest as at the date I submit the claim.
Can anyone help please.
Success story - GM Card £1370 claimed, £1370 received
Hi there i would show this in your schedule of charges.
Put ALL the charges and the interest then show the amount they paid as a minus.
Thank you very much for this advice. I am going to complete the court application, I will post the outcome on the forum hopefully not in the too distant future.
Good luck to everyone claiming their charges, I have had one success so far, two more to go.
Thanks to everyone for all the useful information on this site.
Barclaycard
and would welcome some help on interest
calculation.
of £202.
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Originally Posted by Bigmac versus
