The
interest claimed is the following:
8% for each charge, charged at the daily rate since the charge was incurred. That is 0.02 pence per day, per charge. If you incurred a charge of £1, a year ago, you would be claiming 8 pence on that single charge.
Once the claim is raised you claim a daily rate at 8% annually, for each day since the claim was raised. That is 0.02 pence per day, multiplied by the total of your claim. If the claim is for £1,000, your daily rate of
interest from the claim will be 20 pence.
No, you will not need a solicitor. Have you looked for a court buddy yet? Whereabouts are you?
__________________
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APRIL 2ND IS WORLD AUTISM AWARENESS DAY
Advice & opinions given by Bookworm 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.