Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Great site, great material, lots of it. In fact it takes a lot of looking and searching to absorb. I just kept looking and picked bits out which are relevent - at least so I thought!! My dispute is with Yorkshire Bank and I now have 6 years of statements. I think somewhere on the site is what is unlawful but let me ask in relation to me:
they started charging me an Unauthirised Daily overdraft fee, was £6 per day now £8 pday, they charged for returning cheques, they charged £20-£25 per month if I went over my overdraft and they charge monthly interest.
I am assuming that the interest is not unlawful, eveb though on an £2500 overdraft for one month it was around £18. btw they forced me to convert the £2500 overdraft into a personal loan because it was cheaper then let me have £500 rising to £1500 overdraft...
I just wanted to check before I claculated interest that I could claim for all these.
I would tend to stick with the recovery of the charges ,and leave the interest side alone.
The reason being is that you can claim for the interest on the money they have taken in charges if you have been overdrawn.However the rest is just debt incurred by you on the account(using the facility etc)Plus if you have gone in and out of overdraft it can be hard to calculate without the right spreadsheets.
The best way and the simplist is to go for the charges eg daily charge and unpaid charges ,overlimit charges etc.
Add them all up and claim that amount.
The8% is added on that figure(use the online calculator) if and when you go to court .Plus the court fees.
Normally it does tend to go to court as the banks are prepared to take you all the way and don't seem to mind that it will cost them another 8%.LOL
Hi George. As MF5 says, you can claim all the daily £6 or £8 charges, charges for unpaid DDs, and going over your overdraft. You can claim for the interest on these charges, but it can be quite confusing. Quite a lot of people have decided to leave that alone, you can add 8% on anyway if you issue a court claim.
Have a good read of the FAQs and other posts. You'll find quite a few of us that are a fair way ahead of you now with YB, some of us even having issued claims, so you'll get a good idea of what to expect from them.
Plus if you have gone in and out of overdraft it can be hard to calculate without the right spreadsheets.
If you want to pursue the interest, there is a spreadsheet in the bank templates library that enables you to calculate this with a reasonable degree of accuracy. Make sure you use Vampiress' spreadsheet though, because as has been said, you can't claim the 8% until you reach the Moneyclaim stage. If there are any problems let us know.
When the Liberals and Conservatives were in opposition they both agreed that banks should pay back high bank charges to customers. Nothing seems to of happened since they came into power as a coalition. PPI insurance has been sorted now they should turn their attention to bank charges and help customers get exorbitant charges refunded.
Should you be offered help that requires payment please report it to site team.
Alliance & Leicester Moneyclaim issued 20/1/07 £225.50 full settlement received 29 January 2007
Smile £1,075.50 + interest Email request for payment 24/5/06 received £1,000.50 14/7/06 + £20 30/7/06
Yorkshire Bank Moneyclaim issued 21/6/06 £4,489.39 full settlement received 26 January 2007
Advice & opinions given by Caro are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.
What unlawful charges can you claim back?
and I now have 6 years
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Originally Posted by maroonfox5
