Thread: Ohmegod!!!!!!!

Hello there,

Sent my 1st letter to the A & L on the 18th May requesting back my bank charges, received a letter back from them on the 27th may ( I am sure it is just a standard letter saying how sorry they are to hear about my complaint) any way, basically the letter said that they are looking into it and will get back to me. My question is do I ignore this letter and still issue my second letter to them on the 1st which is 14 days from the 1st letter or do I hang fire and see what they come up with. Also since sending the first letter I have incurred more bank charges, do I need to send them an updated letter with the new sum I am demanding back?

I really hope someone can help me

Hello,

Have sent the first and second letter to the A & L, the reply to the first was clearly just a standard letter as is the second, however in the reply to my second letter they do mention that the Office of Fair Trade report on the 6th April 2006 touched breifly on current accounts did not give any specific recommendation regarding the level of charges appropriate for current accounts. At present there has been no consultation between the Banking industry and the Office of Fair Trade about current accounts? Is this as I suspect just a scare tactic? I am ready to send my claim form but not too sure about wether I should submit a Consumer Credit Act 1974 complaint to the OFT at the same time(and if I am how do I go about doing it) or to wait and see what response I get from the bank? Just a Quick note to say am I completely dim? I find it really difficult to move around this site to search what it is I am looking for, not even sure if I am sending this message to the right place or not? I hope someone gets it and is able to help!

Thanks for your help LondonPam, It has to be said I am bloody useless at this sort of thing, its only my anger that keeps me going.

In a bazaar kind of way it feels good to be on board!!!!!!!!!!!!!!!!

doing the last bit of my claim form, what do i put in as the daily interest rate, is it 4.5%.

Where did you get that figure???

It is 8%. I hope this is what you used in your calculations. Have you read the FAQ's and been to the forum library? You must be very careful about the steps you take in your claim.

Let me know if you need any further advice here.

Good luck.
Vamp.

Is the daily rate not 0.022%? 8% Annual rate?

Originally Posted by Keithowedalot

Is the daily rate not 0.022%? 8% Annual rate?

Sorry, you are correct here. I put 8% APR as I preferred it. It's entirely up to you.

I haven't seen the moneyclaim form, but if it needs a Daily rate then state that. They are both the same as you spotted.

Have sent my online money claim form in the last couple of days to A & L, am trying to be really posotive:grin: hopeing they will just agree to return my money! If this is successful I am going to town on the nat west, I can't even begin to imagine how much they have taken from me over the last 6 years? A & L have taken £211.00 since feb this year so it could work out to be quite a substantial amount!!! Crikey, I may even be able to retire. Now that would make excellent headline news "45 year old able to retire early thanks to the Nat West Bank" He He.

Remember...patience is a virtue!
Good luck - and don't give up!

Think I have made one hell of a booboo. On my money claim form I have just asked for the total amount of charges to be returned plus yearly int. @ 8% plus Daily int @ 4.5% not infact giving them any totals!!!!!!!!? Will this be a problem do you think? Any comments would be very much appreciated - YES, even if it is to tell me I am stupid!:o

Good Idea Karnevil

Here's how it goes in Particulars of claim -

I have had an account with the defendent bank since 2004 approx. Since February 2006 I estimate that they have taken £211.00 from me in bank charges. I now know that these charges are unlawful and therefore unenforcable as they are extremely unfair and they are contrary to common law. I have asked the bank on two occasions to justify the charges but they have refused to do so. I am therefore seeking repayment of bank charges totaling £211.00 over the period indicated below plus interest

5th June 2006 £34.00 failed D/D
31st May 2006 £34.00 failed D/D
18th May 2006 £34.00 failed D/D
15th May 2006 £34.00 failed D/D
12 April 2006 £25 paid item charge
1st April 2006 £25.00 Unautherised OD charge
15th February 2006 £25.00 Paid item charge

I did fill in the boxes amount claimed and court fee - Phew!

Can someone PLEASE let me know ASAP if this is ok so if its not i can call the help line, though i do not know wether its too late to do anything anyway as i issued this on the 20th and after checking my status it says its issued, so i am assumimg that means they have already issued it to the A & L

From the experience I have using MCOL, the best way to handle interest is to include interest from the date(s) of the charges being applied by the bank to the date of the raising of the claim as part of the claim at a rate of 8% PA or 0.022% per day then state on the claim that you also wish to claim on-going interest at the statutory rate of 8% PA (the form of words is available on the MCOL website).

You should include it in the Particulars Of Claim section. Remember to change the bits in bracakets.

Here is the form of words copied from the MCOL help/tutorial.

'The claimant claims interest under section 69 of the County Courts Act 1984 at the rate of 8% a year, from [date when the money became owed to you] to [the date you are issuing the claim] of £ [put in the amount] and also interest at the same rate up to the date of judgment or earlier payment at a daily rate of [enter the daily rate of interest].

Hope this helps.