Anyone saw this about a recent motion at westminster? Early Day Motions (Westminster Watch) 05/06/2006 EDM2227 DEFAULT BANK CHARGES Julia Goldsworthy - 22:05:06 - 44 signatures That this House notes with concern the exorbitant costs to customers of default charges applied to current and credit card accounts, which cause distress and alarm to consumers, and in particular to the financially vulnerable; welcomes the statement by the Office of Fair Trading (OFT) that a default charge should only be used to recover certain limited administrative costs; recognises the work by Which? to challenge excessive bank charges; co

Rich44 - Not enough!!

Ok folks, how shall I say this.....total capitulation from Abbey?! I AM GETTING THE MONEY - IN FULL - FROM ABBEY!!!!

Thats to do with reputation that's been awarded to you... You've obviously been giving good advice !

Then it's up to the present day. You are charging them interest on money they owe you; they didn't stop owing the money just because the account closed.

Im going to post it off on Monday morning hubby keeps trying to get me to change my mind so i told him no and it will pay for my sat nav and save him the money so now he just said get on with it then let him know whats going on and he hopes ive sorted a new bank account out cos knowing our luck they will close the account hehe. then started to look on ebay to see what i could buy him lol. not on his nelly i say.

Saw that. Not a good message for the timorous. But as many people have said; a) make sure you have a parachute account. b) If they are that bad, why would you want them as a banker? Pretty crap research - An even more recent investigation (clicking the BAG Survey button just a minute ago) shows me it's nearly 700...

Hi mummaz, First of all you need to read the FAQ's and have a good look through the forums. Then come back and ask questions about anything that's not been covered. I think you'll find most of it has been covered though - people have worked hard to build the site and you really must read around for a few days first. regarding the charges you've had imposed - yes you can claim them. How to go about this is in the step by step guide. Good luck.

Hello davyg21, sound advice from Tinkerbelle there. That's got you going, hasn't it? Do you have any of your Cap one statements kicking around? Finding one with a late payment charge on it will give you a bit more incentive (if you need it) to press on. Onwards and upwards Elsinore

There ya go! Go get em! You may find a nice little sum there..you just never knew about

The 6 year thing works from the date that you realised that these charges were unlawful so it will be from June 2006 for you.

I'd just send the LBA template, and remove the bit about not responding. However, if you are feeling mischievous, you could say that you are disappointed the bank has not entered into a meaningful dialogue with you. Instead they have sent a standard response, identical to the thousands of others they have been sending out. This is YOUR account, and a meaningful dialogue implies that they read YOUR letter, and draft a suitable response based on the individual circumstances of YOUR account. However, the standard letter works well - good luck

While it's highly unlikely your case will go to court it is worth being prepared for it to happen just in case. A lot of banks wait until the last minute before refunding. Follow the timetable to the letter and don't back down, and you'll be fine.

Hi Citybloke- Good Luck and don't forget to keep us all updated:) Hi Dolly- The Goldfish card is a brand name for Morgan Stanley- Their registered address is- Morgan Stanley Bank International Ltd 25 Cabot Square London E14 4QA Good Luck to You:) When the going gets tough, the tough get going! Angry cat

Yes. You should receive an AQ which you should return yo your local court soon. If you need to pay an additional ammt you don't make the cheque out to the court, I can't remember who you make it out to; check intersimi's thread.

Hello Dave, welcome to the forum. First, you need to READ THE FAQS - they will tell you everything you need to know. Once you're ready to claim your charges back, start a new thread so that you don't end up hijacking someone else's. Good luck.

could I possibly point you to the scales at the top ? Any other queries then give me a shout. Oh, address your letter to Michael Rhodes, he is the CEO of MBNA so it will go straight to his department, the advocates office to deal with.

Absolutely. I've just got £1,500 back from my old mortgage company. One word of caution, however. Mortgage accounts do take a bit more management when they fall into arrears and it may be more difficult to satisfy a court that they are disproportionate. Also be a little careful about reclaiming charges for bounced transactions. You might be dealing with a bank but you are dealing with them in a capacity of receiving money, not bouncing the payment of it.

Hello Marion, welcome to the forum. Go after them without mercy, they deserve it!:o Good luck, don't forget to keep the forum updated on your progress.

Not something I have any knowledge of, except that if you go to the high court and lose....get ready to pay out big time for the other side's costs.

That sounds like a good plan but you should also open a new back up bank account in due course in case Nationwide forget that they are a "friendly society".

I checked the tracking numbers at http://www.royalmail.com this afternoon and it seems Capital One (will make another thread of course) have received my £10 payment. NatWest it seems have not, I assume once NatWest receive theirs then the 40 day timer starts? Note to moderators, just put this in here to remind myself before I start my Capital One thread.

I have been reading through everyone's comments and cases, very interesting! I must say I am (as my username suggests) in 2 minds!! I am a case handler for one of the big banks and I am one of the busy people answering to all of the letters wanting charges back I can see where people are coming from if they have been through a hard time for whatever reason, and becuase their minds are elsewhere, they have not had money in their account to cover payments give the charges back (and i normally do).... but when people simply mismanage their accounts and spend money they simply dont have then they should take the consequences... it real

It was yorkshire but the rules do not differ..

Dont want to bump this thread really, but feel ignorant not replying, my letter was personal, in that i drafted a bit form the 'bankchargeshell' website...a bit from the govan law website a bit from here and then added a bit of my own (just to confuse them)!!...as in ''You have taken ...% ''of my income and as the legal amount by law that we are expected to live on is ''...'' this brings me below the legal minimum to live on..etc'' The important factor in this is that you state that these charges are punative and therefore illegal, its important to spend time reading through as many posts as possible and taking in as much information as possi

Hi Mandi, It's now down to the staring match between you and the bank - all you need do now is simply wait until they actually file their defense (which you will recieve a copy of). When/IF they do so, you will then be sent an allocation questionnaire - it's usually after returning this that you get your first settlement offer (From what I understand, anyway). As others have said - we're here to support you, so good luck and keep us informed!

I think I have miunderstood something here. I received my statements from First Direct and totalled up that I have paid them £1806.50 and I wrote to them with the prelim and LBA. However, reading the other threads (to which I am quickly becoming addicted) and FAQ's I believe I can claim interest as well. I understand I cannot charge the 8% interest unless it goes to court but am I right in thinking I can charge interest on the charges? If so, do I need to start the whole process again or just work it out correctly and sue for that amount? Cheers Abby.

I think it's important to remember that in small claims the judge is unlikely to throw your claim out just because the other side can prove that the amount is wrong - especially if your numbers are based on complex interest calculations. What will almost certainly happen is that the judge will ask you if you agree with their revised figure, and if you do, he'll simply amend your claim. If you don't, he'll probably adjourn the case so that the two sides can try to agree a figure. I was in court once and when the sheriff discovered a mistake in my claim form he simply crossed it out and wrote in the correction!

Damn ! You ain't got enough points to affect me rep ! I'm stuck on 94 and still novitiate !