Lol, good point. I'll sort in the morning, best get some kip before the kiddies jump on me! Thanks dx.

Unbelievable! Just found the agreement. Unfortunately haven't got a scanner. Says: Cash Loan Insurance Premium Loan 15.2% 14.6% Loan £10000.00 £1322.41 Total Charge for Credit* £4605.08 £580.39 Total Amount Payable £14605.08 £1902.80 Monthly Repayments £270.46 £35.24 £305.70 No. of Repayments 54 54 Repayments begin 7 months after loan is drawn. *£150 arrangement fee lol

I have a 4pp Barclays Business Loan Insurance Policy Document with the Certificate No. Start Date, Term of Loan on. A letter of application when I took the loan out. A letter confirming that I terminated the loan on 23/11/06. Just been doing a final check, that's it dx!

Hi dx, many thanks. I can't find the paperwork with any breakdown of the monthly amount. I only know the payment from my statements.

Hello, I'm sure my question has been dealt with, but haven't found exactly the same yet, so here goes. I took out a £10k business loan with Barclays 26/04/05 60 month term. I don't know if this is single premium? £305.70 per month repayment. I made the first 9 monthly payments then settled the loan. I paid £9644 in settling the outstanding loan. None of the records I have show the interest rate I was paying and I don't know how to work out the PPI element. Then presumably you add 8% on. Is this the same as with Bank Charges, ie. The date of each payment is relevant? As it stands I've paid back £12,395.30 for a loan I only had for 9 months! Any help would be much appreciated. I have a prickly phone call to make tomorrow, as I've sent all my paperwork three times, twice signed for. The third time they have acknowledged receipt of. Prior to this they told me they had no records of the PPI and the loan. Yet later were able to see it on their system, amazing! Can anyone let me know if being in hardship helps speed the process up. Unfortunately I currently tick 9 of the 11 hardship criteria with the Financial Ombudsman I am also chasing bank charges from four Barclays accounts!

Hello, I'm sure my question has been dealt with, but haven't found exactly the same yet, so here goes. I took out a £10k business loan with Barclays 26/04/05 60 month term. I don't know if this is single premium? £305.70 per month repayment. I made the first 9 monthly payments then settled the loan. I paid £9644 in settling the outstanding loan. None of the records I have show the interest rate I was paying and I don't know how to work out the PPI element. Then presumably you add 8% on. Is this the same as with Bank Charges, ie. The date of each payment is relevant? As it stands I've paid back £12,395.30 for a loan I only had for 9 months! Any help would be much appreciated. I have a prickly phone call to make tomorrow, as I've sent all my paperwork three times, twice signed for. The third time they have acknowledged receipt of. Prior to this they told me they had no records of the PPI and the loan. Yet later were able to see it on their system, amazing! Can anyone let me know if being in hardship helps speed the process up. Unfortunately I currently tick 9 of the 11 hardship criteria with the Financial Ombudsman I am also chasing bank charges from four Barclays accounts!

Would it be a good idea to park the car elsewhere for the time being? Just a thought. It might help for a short while whilst you negotiate. sorry, I'm no expert ... except at racking up debt

Thanks slick 132 and ims. Really helpful info. I know what I need to do when I win Take care jmc5571

Thanks slick132. I need to find out what constitutes hardship. As I think I could be under this banner. I am having to deal with loans through the CCCS, only able to make nominal payments at this stage as not bringing in enough money to cover my bills and living expenses and loan payments. But first things first, got a letter through from Barclays today, it has a Questionnaire for the Financial Ombudsman to fill out. regards jmc5571

Not sure how to, but I'll work it out

Ok, that sounds good. Thanks dx

Hi dx, have tried that one. Stonewalled by Business Manager for weeks, eventually huge row on the phone, where I mentioned fractional reserve banking, unreasonable behaviour, lack of understanding or help in trying to be a positive account holder, help always offered when not needed in the form of more debt, and the clincher in my not getting what I hoped for, asking if she could fully appreciate how hard it is to swallow that banks are bailed out by tax payers (Barclays are no exception as they were given fictional money by the FED) and bank bosses getting multi million pound bonuses whilst I'm trying to get a good will gesture on a couple of thousand pounds of unlawful charges!!! Although I was angry I didn't at any point say anything they could put the phone down on. I was then told that 'we're not getting anywhere here are we!', so I was passed to her manager (a few weeks later ... because Barclays really take this stuff seriously!!!), who proceeded to stonewall me again, not listen to my side of things, and effectively told me I couldn't run my account properly. Was told I should see if another bank or relative could give me a credit line!!! Not helpful or understanding in anyway of my predicament. I don't want more debt, just clear what I've accrued! If they had given me a £300 overdraft two years ago I would have incurred approx £60 in charges in all that time, not £2000. I think I'm probably on the 'unofficial' Barclays black list!

Sorry, sad that the Financial Ombudsman are not impartial and don't treat the cases with the respect they deserve. I didn't make that clear, apologies. jmc5571

True enough my friend. Thank you for taking the time. Just read your fos link, very interesting and ultimately sad. kind regards jmc5571

Thanks ims21, the parachute account mention is very interesting, didn't know about that. Thanks. Do you think I stand any chance on the bank charges too? I think it's a fair representation. I believe if I've gone over by more than the amount owed, that they still stand as charges (although still unfair as we all believe).

Hello, I wonder if anyone can give me some advice. I have rung Barclays to request they refund me for mis sold PPI on a Business Loan taken out in 2005. At the time I was told by my 'Business Manager' that if I took it out I would have a better chance of success with the application, and also was as unaware as myself that as a self employed person the PPI didn't cover me anyway!!! Had not done anything about it until the week before last as I had given up on getting this back, until the recent ruling. My main question is, along with what is owed and the interest (presumably compounded over 6 years), can I realistically claim for all the bank charges I have received in that time for going into the red. I have had no overdraft on the account for years, but my account has consistently slipped over very slightly most months. I was told I could have an overdraft once my account was clear for 3 months. I've never had a clear 3 month window. My premise is that I believe if (for example) I am owed £300 PPI, wherever my account has dipped over by up to that amount, I should be refunded, as if I had had the £300 in the first place I would not have gone over by that amount - based on the confirmed record of the inflow and outflow of the account over that time. Is this a fair assumption and does anyone know how the financial ombudsman would see this. Added to this I have been struggling for a few years now to keep my head above water. I am technically in hardship, scraping enough every month to live and pay my bills. Only making nominal payments on loans I have out (don't ask it's way more than most owe - but taken out to try to survive, not frivolously - honestly). My credit rating is on the floor. From a rough check Barclays have charged me (just in the last two years on my business account) around £2000 in charges, plus about £700 on my other accounts for insufficient funds and continuous use of my reserve facility (helping keep me in it!). My one concern in chasing this is for Barclays to turn around and close my accounts and request all the overdrafts and reserve accounts within a few weeks. I wouldn't be able to do this a) because I don't have the money and b) no one will let me open a new current account which has the ability to have direct debits set up because my credit rating is so poor. I have no intention of going bankrupt. I just want to work my way out of this and hold my head up. I am not feeling sorry for myself. I'm still here surviving (just). Any help or advice would be much appreciated. By the way, Barclays told me they have logged the complaint and would ring me within 5 days. I think were at about 10 days now! Thanks for your time in reading this. Good luck to all.

Hi no this is not a hardship case as the account is closed. Although it is in as much as they desparately need the money! but probably not where they can prove hardship. Does this help?

Hello all, in helping a friend to claim back against Shabby, we received a letter from the courts, a Notice of Hearing of Application. The application for the stay to be lifted will take place on 28 December 2007 at Poole County Courts. Fine we thought. The Notice included a covering letter stating that District Judge Freeman has commented that there are cost implications in such an application. Ok. Then we received a bundle, the covering letter states: District Judge Freeman has commented that the claimant should give careful consideration to the enclosed judgments in deciding whether or not to proceed with the application to lift the stay. We then have documents on: Heynes vs HSBC Crosdale vs HSBC Pilliner vs Nat West Garrick vs HSBC Basic upshot is our judge is telling us to accept the stay as the test case is due and nothing could be achieved by processing this through the county court etc. Wading through the sheets, it is plainly clear to me that the county court are hiding behind the high court. That they are happy for the banks to use the court protocol in this way and that we need to accept this to be the case. What do we do? We are thinking the best course it to write to the court taking onboard his (lazy) comments and wait for the test case results, but under the proviso that the stay is not held indefinately, that a realistic time frame is set to be able to fight our corner. Feels like we're fighting the courts as well as the banks. I also find some of the tone in the bundle offensive and patronising. The comments about the test case being "complex" - uurrrghhh It's not complex, you should not be making a profit from telling customers they have exceeded their overdraft limit. Can anyone shed any light on this?

Hi my friend is going to take his n244 and witness statement down to the court to request his stay is lifted. They have said it will cost £75. I thought it didn't cost if you requested it without a hearing. Is this just more money down the drain, they really haven't got it to spare like most people. If anyone can reply immediately it would be really appreciated as he's of asap as today is the deadline for returning. Thanks in advance

Trying to help a friend fight Shabby. He received a request to stay which he has 28 days to apply to lift (ending 2nd Oct). I've just picked up the Judgement. It actually starts with: Upon the courts own motion. The court has made this order of its own initiative without a hearing. If you object to the order, you must make an application to have it set aside, varied or stayed within 7 days of receiving it. It was dated 4th September. Have we missed out? Further down it gives the 28 day period. Can we still send the letter to request the lifting of the stay. Do we fill out the N244 form and do either/or both of these go back to just the court or do we send to Abbey. I think we need to get something off today in time. Can anyone help? By the way this is Poole County Court:???:

Re Magnum: Hi This is probably too long ago now, but are you not best to accept the 65% settlement as part payment and continue to seek the rest as you go. Abbey seem reluctant to pay anything at the moment. At least then you've got something so far. Not sure if this is possible or advisable, but just a thought

Hi Leecabs, Thanks for your reply. The claim is £3379 plus £1021.15 interest, plus £120 court fee so far, plus I think my friend should claim a days pay as he had to take a day of to file court papers (your thoughts?). So £4520.15 plus a bit. Is there a threshold where it's treated differently, presumably £5000. Is it me or are Abbey REALLY difficult. I had to chase Halifax and they paid up after an LBA. Tesco Credit Card even paid the interest!!!! - It wasn't a huge amount, but it all counts. Halifax Credit Card were also reasonable - they paid up on a Repayment Cover charge that they had levied that I hadn't noticed!!! Useful note: They couldn't find the documents allegedly showing where I had signed for this (what a surprise as I hadn't, not to my knowledge) so had to make a 'goodwill gesture'. Totalled over £500! Don't know if this might be useful information to anyone else.

Just to add to the above, we have not yet submitted an AQ, is this correct or should we have done this at this stage. In totally unchartered territory. However, seemingly not alone. Want to make sure we are up to speed and have done everything we should have. 1 - Send First Letter 2 - Send LBA 3 - Filed N1 with sheets showing full account of charges and interest (used the moneysaving interest calculator - is this ok?) Let me know if we've missed anything at this stage. Thanks in advance.

Good morning to all the good people of CAG, I'm helping friends fight Abbey and we have so far got to the above stage. This is new scary territory for us, so any advice on what to do at this stage would be invaluable. We submitted a Notice of Issue in the Poole County Court on 03 August, we have received the Notice that Acknowledgement of Service Has Been Filed on 10 August. We also received a scrappy photocopy with a Solicitor's squiggle! on it. So Abbey are going to defend the claim. They now have 28 days from then to file a defence. Abbey are refusing to make any gesture of goodwill, do we send a couple of nudge letters to show the court we are trying not to waste their time, and do we need to start preparing anything for court at this stage. Are we right to continue on at this stage? I'm thinking we should send a nudge letter stating we would accept the full amount owed (£3300 approx) plus £120 court fee so far, plus my friend had to take a day off to file the papers (so an amount for this). Is this realistic? Your advice on any of this would be very much appreciated.

Thanks Bookworm