alanalana v capital one

**alanalana** · 10th June 2009 18:57

SAR

sent 9 Jun 09

**banker_rhymes_with** · 10th June 2009 23:20

Hello aa!

Just pulling up a deckchair and have a crate of Beer on a table next to me.

All ready now waiting for the fun to start so, when ever you are ready, away you go!

Cheers,
BRW

**citizenB** · 11th June 2009 08:07

Oh goody, I have a front seat as well

**pompeyfaith** · 21st July 2009 20:40

Pompeyfaith sits on Citizens lap

.

**alanalana** · 21st July 2009 20:46

Right,

PPI icon

bundle arrived today. Had a look through no valid CCA just an application form for a Capital One icon

card. No mention of PPI on the application form, no demands and needs/customer duty of care questionnaire. Bunch of statements showing PPI payments being taken every month up until the PPI was cancelled on transition of the card to dmp icon

on 23/6/03.
Figures for the PPI payments are:

6/8/02 £10.65
6/9/02 £10.46
5/10/02 £10.08
6/11/02 £10.68
6/12/02 £11.39
6/1/03 £12.09
6/2/03 £12.59
6/3/03 £12.71
5/4/03 £13.31
6/5/03 £13.45
6/6/03 £14.24

I have done some calculations just need confirmation my figures are correct on adding the 8% stat from the relevant dates up to now.

Pompey I have a final figure with the interest icon

if you can use one of your calculators and manage to double my figures that would be excellent:grin:

aa

**pompeyfaith** · 21st July 2009 20:49

Thanks for that Alan, now my bet is the PPI icon

was added before the interest icon

meaning you have paid interest also.

So with that in mind do you have an Apr for those figures.

PF

**havinastella** · 21st July 2009 20:50

subbing

What was the APR Al?

**pompeyfaith** · 21st July 2009 20:52

These figures should be calculated as thus:

PPI icon

AMOUNT + COMPOUNDED interest icon

AT THE RATE ON STATEMENT + S69 8% INTEREST FROM DATE OF PAYMENT TO DATE OF PAY OUT.

PF

**pompeyfaith** · 21st July 2009 21:09

Right calculating just the 8% stat the figures are thus:

6/8/02 £16.73
6/9/02 £16.36
5/10/02 £15.70
6/11/02 £16.56
6/12/02 £17.58
6/1/03 £18.58
6/2/03 £19.27
6/3/03 £19.37
5/4/03 £20.20
6/5/03 £20.32
6/6/03 £21.42

But remember these figures do not included the compounded interest icon

at the rate on the statements.

So once the compounded interest is put on first these 8% stat figures will be higher.

Regards

PF

**alanalana** · 21st July 2009 21:34

I will have to have another look for the APR on the paperwork.

PF do you have a link to the calculator you used for these figures?

aa

PS
Just checked again no APR rate just a flat PPI icon

rate of 73p per £100 of the balance.

**havinastella** · 21st July 2009 21:38

With interet @ 29.9% I make the claim

£131.65 paid
£593.93 interest icon

£513.58 S69 interest @ 8%

So about £1238.56

**alanalana** · 21st July 2009 21:40

I came up with different figure to PF but used this calculator.

New Square Chambers - interest Calculator

**pompeyfaith** · 21st July 2009 21:44

Yup the calculator i used is this one:

Blake Lapthorn - simple interest calculator

**alanalana** · 21st July 2009 21:45

Thanks again PF

**pompeyfaith** · 21st July 2009 21:50

that is the calculator used by blake lapthorn solicitors cant see them being wrong

**beachcomber60** · 21st July 2009 21:51

subbing

- Watchin & Learnin'

**alanalana** · 21st July 2009 21:51

With interet @ 29.9% I make the claim

£131.65 paid
£593.93 interest
£513.58 S69 interest @ 8%

So about £1238.56

I am now going to get a magnifying glass out to check the paperwork again

Then send off a non compliance for the SAR icon

saying they forgot to tell me the APR on the card. I worked the figures out to just over £200.

**pompeyfaith** · 21st July 2009 21:59

Indeed Alan the APR is what you want 73p per £100 of debt

is that not misleading all agreements must quote an Apr

**alanalana** · 22nd July 2009 10:22

I have gone over the paperwork again and have found the following:

APR for purchases 12.23% variable
APR for Balance Transferes 12.23% variable
APR for cash withdrawals 18.28% variable.

The statements show no evidence of any cash withdrawals but there were two balance transfers and of course a few purchases.

Indeed the statements also show interest icon

applied on the same date as the PPI icon

was applied.

I assume here that I can now go back to the original figures and add 12.23% but compounded as the card was never fully cleared so there will have been interest on the interest month on month.

Then once the figures have been calculated I can then use the revised figures and add on the simple interest at 8% from the date of the statement to the date of any settlement.

**e28bigalbexley** · 22nd July 2009 10:29

Hi Alan
I am also chasing Cap 1 for PPI icon

which i did not ask for.
The interest icon

for 2002 is 18% and for 2003 16%
HTH.

AL.

PS Is there a name for the document that lists commissions payed for single, up front, lump sum payment for ppi.

Thread: alanalana v capital one

Thread Tools

Search Thread

alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one

Re: alanalana v capital one