#13

katylegs11

Basic Account Holder

Cagger sinceMar 2008Posts43

Re: BLACK HORSE ???? Collection activity charge ????

I tried to claim through the ombudsmen but failed

going to try again because i'm still in the same postion

and struggling

all hsbc have done is move the debt onto another company other companies many times metropolitan, wescot and nelson

i'm paying £5 a month still at least thats something for th mo

but this really needs addressing agan

spoken to step charge and they have calulated that i should only be paying £1

Blackhorse secured loan

*I am in arrears by £933.45 and on a agreement to pay them back so paying extra each month

total paid so far £14,958.62

I have requested a list of all my payments and what they have charged on my account

as I have struggled to pay it back but working hard too

I'm in arrears by £933.45

and looking at then statement they have charged me £30 x 35 times TOTALS £1050

for what they call a COLLECTION ACTIVITY FEE

I DID COMPLAIN A WHILE AGO SO THEY REFUNDED ME £100 SAID IT WAS THE BEST THAT THEY COULD DO

it appears since I took out the ten year loan in april 2008 for £16,000

I have struggled paying the loan back but have paid approx. £14,958 OVER THE LAST 5 YEARS

IF I WAS TO PAY OFF THE LOAN TODAY

I OWE A OWE BALANCE OF £13110.86

THEY SAY ALSO THE COLLECTION FEE WILL BE OUT SATNDING £905

AND I'M IN ARREARS £933

so I still owe them £14948.86 : (

yet I've paid

total paid so far £14,958.62

can they charge me these collection activity fees

and the interest soo high ..

when I spoke to one of the advisors there they did say people don't realize how high the interest is too

right

I also know of other people in the same position with the same company

ANY HELP PLEASE

Thany you for that i will look into it

called ge today but they did not offer any help pssing me to the hardship team and they will be in contact---will chase all the information you have given me and also try and vlaim their charges back

I'm in the same position going to get as much advice as possible GE have charges me over £1000 in one year (i think) for charges... i have called them to night asking if they can extend my mortgage over more years helping to reduce my outgoings which are extensive as a single parent for many years tryin to do it all on my own , is just about impossible. Ge have not helped otr surgested any thing as yet..i'm going to the citizens advice soon..really difficult though when you work full time.

Also, does anyone know as when i took my mortgae out with them 3 years ago i borrowed extra to pay off a debt some was to pay off a debtof £10,000..only to find out later they had not paid it (i would of thought that would of had some responsibilty to make sure this debt was paid for me??!! ended up having to get another loan to apy it off : (

other than this i shall keep you posted to my actions acgainst GE for their charges.

its ok put my complaint to them

also who can i ask

i had to register with my job... but my application went in late..but i stayed hopefull.

i received a call form the registrations team explainning the cheque i sent wasn't enough... so i paid by switch over the phone the higher amount

8weeks later, a letter came saying that the closing date had past, when i applied!!!.. so could no longer register this way

i called them requesting refund ...several times

on the 10th week asked to speak to supervisor

said i would get it by the end of last week

i said i will have to wait for cheq to clear could i not have it straight into my account?

no as cheq wriiten now will def be with me at the end of the week

it hasn't come

called again to day ...they said being dealt with.. i said no it was in post last week promised to me for the end week

they said they'd call me back

later when i got home they had left a mssage saying in the post this week will be with me next

i am furiuos ...need this morning

is there anything that i can do

calling them tomorrrow again

can i claim any interest for the time they have had it and incovienience?

after these loans with HSBC

i took out a mortgage with them and a sperate equality release loan to pay off my debts (half of this was in 'effect' to pay them the p/p cover i had been charged)

posted my P/P claim today with HSBC

i paid approx 4,400

between year 2001- 2003 on three loans i had

each paid up front

and a refund for half this of the amount from HSBC each time

and can you claim for p/p cover on loans as far back as six years?

Popping in my bank charges today!!!

can you help me with this one

how far back can you claim a refund for P/P cover on a loan

i've had approx five loans with HSBC since year 2001

with p/p cover paid up front

i.e 2001 loan p/p

2002 paid off loan with another from them p/p paid again

and so on....

how can i get all this information together

also i was not asked if i would want to pay i monthly did not know that was an option

returned direct debits,

card mis-use,

unpaid standing order,

unpaid item,

exceeding your overdraft,

overdraft interest (see below),

total charges (see below)

notifed fees

Unauthorised overdraft arrangement fees

(more will be added as and when confirmation is found)

you can not claim for:

ATM (cash machine) usage (typically £1),

an agreed overdraft fee,

anything which is deemed a "service" by the bank

(more will be added as and when confirmation is found)

Overdraft interest

This is the single most confusing part of most peoples claim, and one of the most frequently asked questions

overdraft interest is applied to your whole overdraft, however if some of your overdraft is made up from (unlawfull) charges,

then a proportion of the interest has been wrongly applied and is therefore reclaimable

Example

you have a £400 overdraft, you purchase something that day for £200 so now you are -£200 on your current account balance, but on the same day £200 of charges are placed on your account, which means that your current account balance is now -£400 and the bank will charge interest on the whole £400, but as we are contesting that these charges are unlawfull, then the interest should not be placed on the whole amount, only on the amount that you have actually spent,

therefore in this example you can claim back 50% of the interest, however these calculations have to be done daily to truly reflect the amount which can be reclaimed,

Dont worry, Vampiress has made a spreadsheet that will calculate this for you, you can find it here, but please read the instructions that come with it;

Overdraft interest calculator thread

Total charges (HSBC)

Again this is another issue which many people aren't sure about,

total charges are reclaimable, they are a seperate issue to the other afore mentioned charges (card mis-use, returned d-d's etc), and are not simply all of these charges added together each month. so they are also claimable on top of the other charges

"total charges" also listed as notified fees refers to the charge they put on your account for going over your overdraft limit, this charge is calculated daily, and they can charge up to a maximum of £125 in one month for this, it is then debited from your account on a set date every month

Important!

For buisness accounts ONLY the "total charges" include a combination of reclaimable and genuine charges, and you will need a breakdown to exactly know what proportion of "total charges" are unlawful.

__________________

HSBC- £4995, settled payment in full

if you found this post helpful, please click the scales (top right of post), ta

if you're not sure what to do?, Read the FAQ's

Unsure about what to claim, or confused about overdraft interest? Charges explanation

Last edited by Rooster-UK; 25th May 2008 at 19:59. Reason: Addition.. thanks freaky

(will do my personal protection on loans claims seperatly)

sorry about that

i'm shattered and wanted a reply

think i'm over loading too much to do

so u mean claim for these too with my bank charges?

as follows below

sorry i don't understand?

up late trying to sort out theses charges...

can i claim for these with my

claim fof the bank charges

(will do my personal protection on loans claims seperatly)

1) interest charges

2) card misuse about £20

3) unpaid item £30

4)standing order charges £25/30

5) temp limit fees £20

6) Dr £10

then do i just add on 8% interest to thw whole claim

just so i know what to claim

sorry!!

can i claim for arrangement fees at the same time as claiming for bank charges?

up late trying to sort out theses charges...

can i claim for these with my

claim for the bank charges too?

)

1) interest charges

2) card misuse about £20

3) unpaid item £30

4)standing order charges £25/30

5) temp limit fees £20

6) Dr £10

just so i know what to claim

sorry!!

do you have to pay the momney up front because i haven't any

and if you win do you get it back? : (

i understsnd your concern you need more direct answers too

when your working has shattered trying to sort things like this out is major no joke

good luck : )

sorry i don't understand?

up late trying to sort out theses charges...

can i claim for these with my

claim fof the bank charges

(will do my personal protection on loans claims seperatly)

1) interest charges

2) card misuse about £20

3) unpaid item £30

4)standing order charges £25/30

5) temp limit fees £20

6) Dr £10

just so i know what to claim

sorry!!

can i claim for yrs 2001 2002 or is it too late?

the other six items i stated on one of my previous notes above to you...

can i claim these on my bank charges when I request, hopefully tomorrow?

PB is right KL , - because the PPI mis-selling is not part of the OFT Test Case , you're better claiming everything separately..... banks are paying out on PPI refunds ..............

can i claim for yrs 2001 2002 or is it too late?

Yes you can if you think it was mis-sold katylegs - have alook at this link , then go to the PPI forum on here - there are people on there who will give you good advice

 

Reclaiming PPI

http://www.consumerwiki.co.uk/index.php/PPI

ok will do tomox thanks

up late trying to sort out theses charges

but can i claim from the bank

1) interest charges

2) card misuse about £20

3) unpaid item £30

4)standing order charges £25/30

5) temp limit fees £20

6) Dr £10

just so i know what to claim

sorry!!

just had a quick look at that payment protection

i paid mine upfront it was 2001 and another loan 2002

about £3000

hopefully i can claim some of this back

thabks when i can get round to it

thanks again

the above is to claim back my bank charges

if i can claim for these in addition to what thay have sent me

ok will do tomox thanks

up late trying to sort out theses charges

but can i claim from the bank

1) interest charges

2) card misuse about £20

3) unpaid item £30

4)standing order charges £25/30

5) temp limit fees £20

6) Dr £10

just so i know what to claim

sorry!!

when i claim for these charges...do i apply for interest on account too as they haven't put them down on list they have sent me

also looking back when i have talen loans oit with them going back to year 2001 and another 2002 a have paid for payment protection could i claim this back

by the way i have got more hours at work to improve my financial situation ..sooo glad!

Well done on setting up the new bank account katylegs - they can't get your money if it's in another bank!

 

 

It does sound like their usual tactics before trying to get you on a ML

 

"We can't give you this loan you're asking for , but there is another one you can have..........." - Resist with all your might - it's daylight robbery!

when i claim for these charges...do i apply for interest on account too as they haven't put them down on list they have sent me

also looking back when i have talen loans oit with them going back to year 2001 and another 2002 a have paid for payment protection could i claim this back

by the way i have got more hours at work to improve my financial situation ..sooo glad!