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contractual interest, please help...


red1
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I have sent the LBA, received a letter back make a laughable offer which I rejected. The bank have until 22nd December before I submit court papers. Up to now I have made no mention of interest. If I want to claim for contractual interest when do mention this? Also if I claim this it will take me over the £5000 mark so will I not be able to go to the smalll claims court?

 

Thanks for any advice.

 

p.s My statements say that the current unauthorised rate is 2.20% per month, effective annual rate 29.8%. My claim goes back to 2001. Does that mean I can claim it on all charges from that date.

 

Sorry to sound so utterly daft, but I really am confused

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