Thanks Bozzie. I'll sit it out until the bitter end...

Hi there ,

I am a first timer (so to speak) as well. Barclays have just entered a defence likewise. Also a little panicked!

I read earlier in the thread that they normally settle if it is under £500. Well my claim is for about £450. They have entered a defence too. Is this normal??? I'll be miffed if they end up getting the £55 court costs too!!!

Hello,

Don't mean to hijack your thread here people.... But a very quick question.....

I have sent off my prelim letter, got back the usual offer of just under half. In my first (prelim) letter i gave them an additional 14 days.

I should have sent of my LBA last friday. I have been too poorly to do anything this week. Should i send off the letter and give them an additional 14 days from now - or stick to the original 28 days deadline???

Once again - sorry to intrude...

HD

Thank you all ever so much. I'm on track now - and it feels good.

I'm still not sure why i use the current rates of interest as they were different at the time - but am happy to do this as it works out to my advantage.

Less than quarter of an hour until the weekend now too!!! Have a good one guys!!

HD

Very interesting... thanks for that

Sneaky little blighters aren't they! (polite phrasing for benefit of those who may be easily offended)

So i will request the data from BC, and send another data request to Mercers at Barclays address. That should cover all my bases.

I'll do a little research on Mercers with Companies house. If they are indeed dormant i'll claim it all from BC. My gut instinct tells me Barclays have a pool of in-house DCA's that they rotate around for this very reason!

Thanks

HD

Hello,

I honestly meant no disrespect to anybody. I realise the time and effort that goes into all this.

The problem that i'm having is i don't know what interest rate to use as my account has varied it's rates over it's life, the overdraft limit has gone up and down like a yoyo, the information (my statements from my DAR) from Barclays does not list the interest rates charged.

Do you use authorised, or unauthorised?

The actual spreadsheet i don't think will be a problem - it's what rate(s) to use.

That particular problem doesn't seem to be explained anywhere (and i do apologise if i'm just being a bit dense or missing something obvious:eek: )

Thanks for the replies anyway guys....

Thanks guys....

PS. Priority One - would you specifically ask for information relating to Mercers - or should the Data Request standard letter (in the library) cover referrals to Debt Collection Agencies.

Ta

Who owns the debt ? Barclaycard or Mercers ? Have you issued a CCA request to Mercers to find out if they legally own the debt ?

Well i've paid the debt now (it was a couple of years ago). So nobody really owns it. I'm missing some information from a few missing statements so i've got to do Data Request for these missing statements.

Can i still use a CCA request if the debt is clear? As i've got to do the Data Request anyway could i ask them to include any debts they have passed on - and to who they passed them on to?

Any suggestions greatly appreciated...

Ta

HD

Oh, they exist. Chased me not long ago!

Hi,

I don't suppose you've got any contact details for them have you?

Ta

HD

Dear Bill et al

 

I have read and read and read again through all the information on interest, contractual compound or otherwise until I'm sick of it and have no clear understanding of ANYTHING!

 

Nothing that I have read here has clarified this matter and none of the spreadsheets make any sense. So you know what? I'm going to stick to my original claim of getting back all of the charges that the Co-Op Bank have levied against me.

 

I do know what I'm doing thank you and yes, I do deserve to get my money back! But if I start going into trying to charge interestother than the 8% at court claim stage then no, I don't know what I'm doing and my feeling is that I shouldn't bother.

 

And I know I'm not the only one on this whole site who's totally confused and fed up with this interest baloney ...

 

P:mad:

I'm with you paintball.

I'd like to thank everyone who has given me advice - but i also cannot get my head around this - not for lack of reading through things i hasten to add.

I think the rule of thumb should be - don't claim back the interest unless oyu know exactly what you're doing. My claim is quite small only £320 - so interest doesn't make a huge difference to me.

My BC claim will be significantly larger, i only hope that there is a nice simple way of calculating this before my Data Request comes back.

Highly Confusing!

HD

Thanks Bill K - much obliged.

ps - i did mean prelim letter, not LBA - sorry for the confusion.

Thankin you,

HD

that actually helps a huge amount smesin - good luck and thank you!

Hello All,

My head is spinning (not alcohol related - promise...). I've read through this and other threads and i'm still confused.

I'm about to send off my letter before action - I was going to claim 8% on every item (some are o/draft charges, some are bounced cheques/direct debits). Please - what interest should i be asking for at this stage? Or should i not be asking for interest at this stage and just wait until it gets to court?

Please help

I can only apologise for appearing a little bit simple...

Ta,

HD

Alright. I think i might try to get the money back from BC first - after all they did enable someone to collect the 'debt' unlawfully - if they refuse i'll try direct to Mercers (if they still exist!). Tis all a bit confusing .

Thanks guys.

Thank for that.

I think the majority of the charges were from Mercers. So i will do that. Thanks.

Also a a humourous point i thought i'd tell you that my BC account manager was called Susan Leach. Made me chuckle anyway!

Hello,

This is my first post to the site. I am currently pursuing my claim with Barclays Bank. Copies of statements recieved (in time and for no fee - so far so good!).

The real question....

I am also just about to embark on my claim with Barclaycard. I have all my statements. I paid just over £200 a few years ago to a DCA (Mercers). When i purue my claim do I claim back from Barclaycard for illegaly instucting a DCA to collect a charge that they were not entitled to claim.

Or....

Do I claim directly from the DCA for taking this charge. Or have i forfietted this cash because i paid it at the time?

This may well have been discussed before - so apologies if this is the case. All help/advice greatly appreciated.

Thanking You,

HowdyDoody