Hi everyone. My mums in a bad situation. She's a OAP (67) and I've just found out in bad debt. Her pension cant cover her out-goings. She has a 10k credit card which has just exceeded its limit plus others. Shes been living off her credit card since she retired 4 years ago after. (She owns nothing, she living in a rented house with the council paying most of her rent) To cut a long story short Barclays bank have offered her a 20k bank loan to clear her debt over the next 7 years. however this puts her to 74 years old. She earns alittle money (cash in hand) looking after my brother kids after school (£30 per week) and the bank has taken this money into consideration. The bank want my brother to give my mum a wage slip so they can give her the loan, but that means my brother would have to take NI and PAYE etc..... which was meant to be a little extra income for my mum. However this means she is dependant on my brother paying her £30 a week for the next 7 years however his kids are now 11, 9 and 6. Within the next few years she wont be needed to look after them after school.. Basically what will be coming in will be going out, no extra incase anythying goes wrong. I have suggested going bankrupt but she does not want to. Can anyone suggest anything else. I think the bank are wrong in offering her this loan at her age. If I could help her out I would... I would be grateful for any help, I have asked her to arrange another meeting with the bank so I can find out what exactly is being offered.. Best Regards Danler

I attended one a few months ago and had to produce both parts as when the courses first came out people were sending friends to take the course for them instead.

Hi, Boughta car off carcraft 7/8 years ago, just found out that PPi insurance was added to the sale of the car without me knowing. Who should I put a claim in for?? Carcraft of the finance company?? I hate carcraft and this is another bad dealing with them.. Regards Danler

I have to say that I agree with elsinore, when you sell a Ltd company all the accounts are taken on by the new directors (past and present). As far as I am aware the only person who can claim is the Ltd company, ie- the present directors who sign on behalf of the Ltd company. Has HSBC mentioned in their strike-out that you or your mum are no longer directors?? Have they checked this out on Companies House?? Please give us more details of the strike-our. Regards Danler

Hi All :D Just thought I'd let you all know, in todays post (nearly bined it as I thought it was junk mail), Natwest are offering the full amount of my Ltd business claim after I sent the prelim letter to them. I have to admit that I didn't stick to the time scale, it's been 4 weeks since I sent the prelim letter to them, but they have offered to pay up in full !!!!! Donation on the way after I've recieved the chq Barclays here I come !!! Regards Danler

Hi Calvi The sales man came to me with a figure of what I would have to pay each month (eg- £250) which he said "includes the extended warranty". I was certainly never told that the extended warranty cost £1000. I've only found this out after ringing Carcraft and asking why there is a difference in the sale price, outstanding finance on my old car and my credit agreementment which only shows the total cash price of £11000. Yes I did have a witness (my husband), if we had heard that the warranty was £1000 he would have told them where to stick it!! There are so many complaints about their warranty on the internet and the way it is sold to you. If you've ever been to carcraft you'll know!! Has anyone on CAG challenged Carcraft on the warranty??? Danler

Hi All A while ago I had a little rant about Carcraft. But I have now found my origional credit agreement with them. Total Cash Price for car (£11,000) However it doesn't state the breakdown of this. The car I brough was for £8500 and a settlement figure of £1500 from my previous car. So there is a £1000 difference. I phoned Carcraft tonight only to find out that the £1000 is for, their extended warranty. I certainly remember that when I was at Carcraft they just gave me a figure of what I would be paying a month "which includes the extended warranty" I was never told how much the warranty was. They kind of force this upon you without giving you the option nor actually informing you how much you will actually pay for this. Is this classed as mis-selling (like PPI insurance)?? Any thoughts?? Regards Danler

Have you had a look at you bank statements to see if the payment for your car has the name of the lender. Mine does (Open + Direct) If i'm not mistaken the credit agreement will not be with Carcraft but with the lenders (please someone correct me if I am wrong). I am just about to send a letter off to them for the mis-selling of PPI by the salesman at Carcraft, who sign on behalf of the lenders. Regards Danler

I'm in the process of claiming bank charges back from a sole trader business account from Barclays, I came across a statement of a loan which I took out for the business only to find a payment of £589.32 for PPI added onto the loan. I have since found the origional agreement which shows the PPI on there, but I was totally unaware that I had asked or agreed to this. Do I stand any chance of claiming this back?? Has anyone claimed PPI on a business loan?? Thanks Danler

Hi Micky, No I don't think you was harsh. Like I said earlier the template was from the Business Claims - Basic Guide. But as the Limited Company is claiming the charges back I tried to alter the wording from " I, me, we " to "The company". Don't know if I did them all but i'm sending it off toorrow. The only other bit i enter was I calculate that you have taken £4251.11 plus £1043.14 which I have calculated is the interest at your rate( 29.5%) for unauthorised borrowing for the sum which you have taken from me. Total £5294.25 I suppose I am abit scared as it;s compound interest at the banks unauthorised borrowing rate, but I feel abit more confident now I have spent all evening reading about other peoples situations on claiming compound interest. On another note : I just watched The Apprentice, I wonder if Sir Alan Sugar ever had bank charges when he was starting out??? I watch that program dreaming "one day..." Regards Danler

Hi All I've decided to go for my limited companys bank account with barclays, below is a link to the thread. I am wondering, has any one claimed compound interest on a limited account?? Danler My Ltd Company v Barclays

Hi Micky The compund spreadsheet is the one I found here from Mindzai & Lucids. http://www.zen122856.zen.co.uk/CompoundSheet_v1.9.xls The charges have really only been applied within the last 14 months, therefore the interest isn't that great but I've just found a mistake and the interest should be £1403 not £1043. The letter is from the Business Claims but I have had to alter it as because it's a limited company account I am not the person claiming, the business is. I am only a director. Regards Danler

Hi All I've decided to take the plunge and hit Barclays on our Ltd company account. I have been abit scared to tackle this as the company has an outstanding loan with them. I didn't want them calling in the loan as soon as I sent the first letter. However I have now decided to go for it. I ahev opened another business bank account else where and these seem to be alot more helpful than Barclays. I am also thinking of compound interest on the account, can someone please look at my letter below to see if it's ok.. Has anyone won compound interest on a business account?? Regards Danler ------------------------- To Barclays Bank Dear Sirs I am writing to ask you to refund to me the charges which you have levied from the business account over the period between November 2003 to March 2007. I now understand that the regime of fees which you have been applying to the business account in relation to direct debit refusals, exceeding overdraft limits and so forth are unlawful at Common Law. The charges debited to the Account are punitive in nature; are not a genuine pre-estimate of cost incurred by the bank; exceed any alleged actual loss to the bank in respect of any breaches of contract ; and are not intended to represent or related to any alleged actual loss, but instead unduly enrich the bank which exercises the contractual term in respect of such charges with a view to profit. The precedent for this was Dunlop Pneumatic v New Garage [1915] AC 79.along with Murray v. Leisure play [2005] EWCA Civ 963. If you say that they are not, then will you please demonstrate this by letting me have a full breakdown of the costs to which you have been put by as a result of my breaches, in order to reassure me that your penalties really do reflect your costs. Additionally, it has now been confirmed that your particularly high level of penalties are considered to be unfair per se by the OFT who reported on the 5th April 2006 and are therefore presumed to be unlawful in the absence of specific proof to the contrary. I consider that your repeated representations that your charges are fair and reasonable are deceptive and that they have deceived me into agreeing to pay them. Your concealment of the true nature of your charges has prevented me from asserting my right until now. I calculate that you have taken £4251.11 plus £1043.14 which I have calculated is the interest at your rate( 29.5%) for unauthorised borrowing for the sum which you have taken from me. Total £5294.25 I hope that you will enter into a sincere dialogue with me about this matter and I am writing this letter to you on the assumption that you will prefer to do this than merely respond with standard letters and leaflets. I will give you 14 days to reply to me accepting, unconditionally, my request in principle and letting me know a date by which I will receive payment. If you do not respond, or you do not respond positively, within this time period, I shall send you a letter before action giving you a further 14 days in which to reflect. I believe that these targets are more than sufficient for a large company such as yours with dedicated staff and departments. After that, there will be no further communication from me and I shall issue a claim at the expiry of the second deadline. Yours faithfully, Danler Ltd

Hi All I am just about to send a prelim letter to Barclays on our Ltd business account for £4351. I will start a thread in Barclays so you can all follow. Has anyone claimed the compound interest (29.5%) on a business account ??? The compound interest on my claim would be £1400. Regards Danler

Hi Joa The tennancy aggreement is due for renewal thats one of the reasons I have been trying to get hold of him. The second reason I have been trying to get hold of him is to send round a firm to carry out a damp proof. The rent is no longer being paid. It was paid from Housing Benefits, they sent me a letter saying that the HB was being suspended as they are unable to review the tennants application. I am assuming that HB have sent him a letter and he has not replied (Another tennant of mine had a letter about a month ago about reviewing the houing benefits). I will try a 24 hour emergency notice - see if he does contact me. I will also try the neighbours to see if they have seen him.