Hi,

I am just starting a claim against RBS for £140 of charges on my credit card between 2003 and 2004. How do I calculate the contractual interest? Also if they send me the difference between £12 and the £20 they charged me (which i have a feeling they will do) do I send them the cheque back?

Kind regards,

Woodwa5:roll:

Here is the spread sheet for CI

U_Mindzias Compound Sheet   Audio Song | Movies |Free File Hosting, Software & MP3 Downloads, Free File Sharing - Ziddu

Also if they send you any cheques, you can keep it as part payment, but you must sent the letter stating this, but you can deal with it at the time.

For now have a look at the spread sheet, and let us know how you get on.

Sorry I forgot to say that it is an RBS credit card. The spreadsheet that you sent me was fantastic but specifically says that it is not for credit cards. Do you have the link for a credit card spreadsheet that calculates the same,

Kind Regards,

Woodwa5:rolleyes:

I have checked for you and have been told it is fine to use for credit cards.

Thanx;)

Well at least they replied (which is more than goldfish have done). First they sent me a cheque for the difference between £12 and £20. I accepted as part payment and sent an LBA. They have now sent me a cheque for £4.58 which represents 8% of the £56 they have already sent me. They are clearly taking the p**s and i am wondering if i should even bother replying or just file at court next friday when the 14 days are up,

Woodwa5:mad:

You should send another thanks but no thanks letter, stating you are now filing at court, then file! You have been patient enough, and they are playing silly beggars.

well i sent the £4.58 cheque back and told them that i would be filing in court today 25/6. Well blow me down if i don't get a cheque in the post this morning for the remainder of the money + interest. The interest was only at 8% but as i never needed to go to court i don't mind

*************I WON************

That is fantastic...!!!

CONGRATULATIONS woodwa