Thread: Zsazsa's Mum V MBNA - MCOL Help Please

Hi all,

Just a quickie! I used Vampiress's spread sheets for the Schedule of charges & a contractual interest rate, as mentioned by loads on here of 24.9%. When I file my MCOL can I add a further 8% daily interest on or do I stick to claiming the contractual interest rate of 24.9% please?

I've successfully claimed from Halifax & HSBC but this credit card thing is slightly different & I'd be really really grateful if anyone could help so I don't cock it up at this point - my MCOL was due to be filed last week but my computer went belly up so I need to get it rolling again!

Thanks Peeps & a continued BIG UP to you all!

Zsazsa

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Originally Posted by zsazsa

Hi all,

Just a quickie! I used Vampiress's spread sheets for the Schedule of charges & a contractual interest rate, as mentioned by loads on here of 24.9%. When I file my MCOL can I add a further 8% daily interest on or do I stick to claiming the contractual interest rate of 24.9% please?

I've successfully claimed from Halifax & HSBC but this credit card thing is slightly different & I'd be really really grateful if anyone could help so I don't cock it up at this point - my MCOL was due to be filed last week but my computer went belly up so I need to get it rolling again!

Thanks Peeps & a continued BIG UP to you all!

Zsazsa

Hi there! Great name! I am bumping this because somebody else has asked this question but I can't find the thread! I can't remember what the answer was either. Sorry, how useful is that? NOT! I thought that you could claim either contractual or 8% but I am sure I read somewhere that you can add contractual to your claim and then 8% at MCOL stage. Some courts, I know, are not awarding contractual and will just let you have the 8% and I think that there is a section for this on your MCOL forms.

However, I am interested as to how you got to MCOL stage with MBNA? They are rolling very quickly and are desperate to keep out of court. Many many others have had phone settlements. Perhaps you could say what has happened, we might be able to help you avoid MCOL.

Hi Cornucopia

Thanks for that, I've been reading the MBNA threads & have noticed on a couple that they seem to have used the spreadsheets to calculate contractual interest, then at MCOL stage they've added the 8% as well. I just wanted to know if this was possible & correct, rather than blowing the claim out of the water with a big gaff!

The story so far on this is - SAR sent, statements received free with the fee refunded, although not complete & a letter telling me they hadn't treated it as an data request. So I sent off the SAR again with the extra info they said they needed & proof it was me (mum) requesting it. In the meantime as the statements I'd received were almost complete I got on the spreadsheet & as time ticked eventually sent prelim off. The total claim is around 3k with contractual interest. (Haven't got stuff to hand to give exact amounts, or a working pound sign!)
Very quickly had a reply denying everything in the standard we're right you're wrong letter, but also offering me a goodwill payment of 820.00 I sent the template refusal off saying I'd continue to reclaim all charges in full. Sent lba off when the date came around, then again received another we're right you're wrong letter & as you don't seem to have grasped tis we'll send another goodwill payment of a further 886.00 but that's your lot, please go away! I said thank you if you really must, but can only accept as partial settlement & please be aware am coming after you for the rest as per my last letter.

My mum hasn't had any telephone calls or any other mail from MBNA like some others have had.

MCOL time arrives & as I said my computer went belly up so it's been over a week since I should have filed that. Just need to get the interest thing nailed before I do

The MCOL thing doesn't scare me at all, nor the thought of going to court, I've been successful with claims against HSBC & Halifax & am happy to do the rest!

If anyone could clarify on the interest thing that'd be great though -

Many thanks, this site is brilliant & the level of support from everyone, & help is amazing.

Thank you,

Zsazsa

Nikname given at uni - something to do with lips I think!! LOL

Originally Posted by zsazsa

Hi Cornucopia

Thanks for that, I've been reading the MBNA threads & have noticed on a couple that they seem to have used the spreadsheets to calculate contractual interest, then at MCOL stage they've added the 8% as well. I just wanted to know if this was possible & correct, rather than blowing the claim out of the water with a big gaff!

The story so far on this is - SAR sent, statements received free with the fee refunded, although not complete & a letter telling me they hadn't treated it as an data request. So I sent off the SAR again with the extra info they said they needed & proof it was me (mum) requesting it. In the meantime as the statements I'd received were almost complete I got on the spreadsheet & as time ticked eventually sent prelim off. The total claim is around 3k with contractual interest. (Haven't got stuff to hand to give exact amounts, or a working pound sign!)
Very quickly had a reply denying everything in the standard we're right you're wrong letter, but also offering me a goodwill payment of 820.00 I sent the template refusal off saying I'd continue to reclaim all charges in full. Sent lba off when the date came around, then again received another we're right you're wrong letter & as you don't seem to have grasped tis we'll send another goodwill payment of a further 886.00 but that's your lot, please go away! I said thank you if you really must, but can only accept as partial settlement & please be aware am coming after you for the rest as per my last letter.

My mum hasn't had any telephone calls or any other mail from MBNA like some others have had.

MCOL time arrives & as I said my computer went belly up so it's been over a week since I should have filed that. Just need to get the interest thing nailed before I do

The MCOL thing doesn't scare me at all, nor the thought of going to court, I've been successful with claims against HSBC & Halifax & am happy to do the rest!

If anyone could clarify on the interest thing that'd be great though -

Many thanks, this site is brilliant & the level of support from everyone, & help is amazing.

Thank you,

Zsazsa

Nikname given at uni - something to do with lips I think!! LOL

Morning ZsaZsa,

I would give MBNA a ring and give them the opportunity to settle on the phone, tell them that you are doing this or you are straight off the file at CC. It must just be enough............

I am going to ask Ladybird about the interest thingy, I am sure she will know

Originally Posted by ladybird17

hi - STATUTORY interest is what the court is at liberty to award you if you don't claim or win CONTRACTUAL. So at the court stage, you can submit contactual, but use statutory as an alternative, in case you're not awarded the contractual.............. .oh I see someone has jumped in before me so I won't continue with the rest!!

Thanks for that Bird, I knew you'd know.....too much faith! I doubt it!!