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.
Hi
im new here but have been reading loads
I have all my statements for my Egg credit card and am about to send off my request for payment, the problem im having is the bit about interest?
I calculate that you have taken £XXXXX plus £XXX which you havecharged me in interest for the sums which you have taken. Total £XXXXX
any help i would be most grateful.
Sian
When Egg agrees to refund, as they will, they will automatically offer 8% per annum interest compensation. In these credit-crunched days when Egg are hard-up they will not budge from that position.
If you wish to reclaim debit interest apparently accrued on unlawful penalty charges, you would need to become an expert on all angles of computation, including the order in which your money payments wiped out the different debit items, e.g. cash advances, purchases, penalty charges. If Egg decided to fight your interest claim in court just to discourage the others, you will need to put up a very articulate showing in court, with outcome unknown.
So if you will be content with 8% per annum, then just claim that, and there will be no resistance from Egg.
Egg Here I Come !!
credit card and am about to send off my request for payment, the problem im having is the bit about interest
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