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Bankershost

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Everything posted by Bankershost

  1. PLEASE HELP - I'm in this mess because of bank charges!
  2. Urgent help needed please..Anyone knowledgeable on Defaults, CCJ's, Charging Orders? If so please read my thread.
  3. Sorry, I'm a bit of a Newbie...what do you mean by bump?
  4. This is the first claim that I have ever made against a bank, I have learned a lot from the Forum and feel that I now have a basic understanding of the process. Was made redundant not too long ago which was traumatic enough without Nationwide putting the boot in. Probably wouldn't even have looked into this if they hadn't been so obviously unhelpful and now they have charges for the last 6 years to be taken into account too! Two Flex Accounts Already sent S.A.R and have received copy statements and details on manual intervention, these arrived much sooner than I expected (actual
  5. Help needed, I am a newbie who has a few questions. Please read my thread to see if you can help me.
  6. This is the first claim that I have ever made against a bank, I have learned a lot from the Forum and feel that I now have a basic understanding of the process. Was made redundant not too long ago which was traumatic enough without Nationwide putting the boot in. Probably wouldn't even have looked into this if they hadn't been so obviously unhelpful and now they have charges for the last 6 years to be taken into account too! Two Flex Accounts Already sent S.A.R and have received copy statements and details on manual intervention, these arrived much sooner than I expected (actual
  7. Hi Mo. I sent my SAR with both Flex Accounts quoted, I only sent the single 10 pound charge and they very swiftly sent me statements from both accounts. Good luck with your claims. Bankershost.
  8. I agree with you both, we should take a hard line with the banks and apply the full unauthorised overdraft rate if we can justify it. Just as a matter of opinion, would you advocate offering alternative rates alongside the full contractual rate for the courts? If so would you mention these on the LBA?
  9. Do you think that there is any mileage in applying a contractual rate that sits halfway between the authorised and unauthorised percentages?
  10. I totally understand and agree with the concept of mutuality, my query is more concerned with the actual interest rate that you will apply..I presume that the 29.8% is their current unauthorised overdraft rate. If your argument is mutuality then should you not be applying the unauthorised overdraft interest rate that the bank applied when they levied the charge against you, not the current rate?
  11. Thanks. So am I right in assuming that if we are to apply the banks overdraft rate (authorised or not) we must apply it at the rate that it stood at at the date that the charge was made and then follow and apply the fluctuating rates up to present day? Are you going to calculate the interest daily? Will you be compounding the interest and if so do you do that on a daily basis? Regards Richard. PS. What's a social life?
  12. Hi. Good luck with that, I'm new to this and it's encouraging to learn from those who are currently achieving what I hope to. Just one question.. what basis do we have to apply for the current overdraft interest and apply it to charges that would have had a lower interest rate applied at the time they were levied (taking into account fluctuating interest rates over time).
  13. Thanks, I am starting to realise that it is a little more complicated than it first appears. I understand the basics of the calculations but I don't find the spread sheets to self explanatory. I will persevere for the moment as I am still waiting for further statements. The problem with the spread sheet arises when I change the example date to my required date, when I do that the totals disappear and up comes the message as described in my earlier thread????
  14. Hi All. Have spent many hours reading lots of your posts, I have hardly had any sleep over the last few days and am knackered, I'm sure my wife thinks that I am up to no good! Have already obtained copy statements from Nationwide but in my opinion they are incomplete..they are almost impossible to get hold of mmm probably inundated for some reason or other! I have tried to make a start on calculating interest paid on charges and applying contractual interest on Vampiress' Throughout claim with compounded contractual interest but for some reason some of the totals are showi
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