Does anyone know if this is a valid CCA?

[Gin and Milk]

OK will do. Do I write to HBOS/Britannia, or the DCA's who've added the charges?

[slick132]

You can reclaim the penalty charges from whoever added them to the a/c when it was "out of order" - I assume this is HBOS.

 

You mention that DCA's may have added charges - this is a different matter. Can you clarify exactly what you mean here.

[noomill060]

You can reclaim all unlawful debits, not just the charges. If the charges were added to total debt, they will have added interets to the charges- this interest can also be reclaimed to reduce the "debt"

 

Same applies to missold PPI charges- if the premiums were added to the total debt, interest will have been added on them as well.

 

Interestingly, doing this could make the whole thing unenforceable, as the interest applied would not be as stated in the prescribed terms.

 

The prescribed terms may indeed be on the CCA, but if they are incorrect, particularly if this is because of miss selling (for that read "deceptive selling") the agreement is fatally flawed and they could be piddling in the wind.

 

And of course, any interest or charges added since the account was terminated is unenforceable anyway.

Edited September 15, 2008 by noomill060

[noomill060]

Im going down the...

 

"Interestingly, doing this could make the whole thing unenforceable, as the interest applied would not be as stated in the prescribed terms."

 

..route with Goldfish soon.

 

They are going to love me- I crucified them by claiming back my charges and contractual interest and also got county court interest at the contractual rate as well.

 

Total charges £595.

 

I was awarded a CCJ against them for a few coppers short of £2000.

[Gin and Milk]

Hi, and thanks for your replies.

The charges I refer to were actually added on by blair, oliver and scott. There may be hidden charges too, but it's quite difficult to tell, because the statement of payments was just a printout from a computer. I had thought it would be more like a bank statement, but there you go.

The PPI was added to the loan, so every month I'll have probably paid interest on the loan, on the PPI and a very tiny amount towards the money I borrowed!

I know it's hard to see on the scanned photo, but basically:

AMOUNT BORROWED: £1000

CREDITCARE SILVER: £529.76

INTEREST: £1206.96

TOTAL AMOUNT: £2736.72

Paid in 84 monthly installments of £32.58

 

APR 18.9% It doesn't state whether that includes the PPI or not. I also elected to have my cheque delivered by courier and that cost £40 - but I needed the money in a hurry!

 

I will have to work out these sums when I get home from work - I never was very good at working out percentages on a calculator!

 

Thanks for your help, and good luck with Goldfish! Let us know how you get on?

 

 

[miss muppet]

Hi Gin and Milk,

Re: the ppi, its worth going down the FOS route, this is what my OH has done and altho they said it was a goodwill gesture they are willing to refund, we are having a little discussion along the lines of Noomill's posts as FOS keep saying that BOS are allowed to make up a new loan which will be advantageous to him but he has said he does not trust them because the figures they have come up with are very vague, one good thing is that the harassment has stopped due to the FOS involvement.

[Gin and Milk]

Thanks for those replies - I'll do that.

As I've said earlier, I know the amount is small, but at one time these people really, really frightened me - and they knew it.

 

No more Mrs Nice person now though - the gloves are off!!!

[miss muppet]

Thats the spirit (oops no pun intended) G & M

[Gin and Milk]

Ooh, very witty - can't stand milk to be honest!!

[steven4064]

Ooh, very witty - can't stand milk to be honest!!

So, are you saying that you put gin in your tea?

[Gin and Milk]

Could someone please help me work out the percentage (apr) rates that are listed on the 'cca' that i scanned earlier in this post? i never was very good with numbers and i just don't know how to work out whether the apr includes the ppi (or even the £40 i paid to have my cheque delivered by courier).

My head is spinning!

[Gin and Milk]

So, are you saying that you put gin in your tea?

 

 

No, I pour it on my cornflakes. At the moment I'm going through 4 large boxes of cornflakes a day. Some may say I'm an alcoholic, but actually i'm comfort eating! :grin: