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    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
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    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
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    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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Why is no one claiming the contractual rate of interest???


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Newbody the bank charging the unauthorised rate amounts to a penalty charge upon a penalty charge & IS therefore also unlawful

 

Bong the fact that their terms refer to the Laws of England does mean they also must abide by said laws & if they fail to do so then we have a right to pursue them in an English Court........which is what we are doing when arguing that they are not abiding by the law

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I am claiming from shAbbey @ 28.7% ERA converted to a daily compounded rate on http://www.consumeractiongroup.co.uk/forum/abbey-bank/65283-joint-claim-seperated-wife.html

 

"Since my last letter I have reconsidered my position. Please note that I am adjusting my claim, which now covers the period of 21 3 03 to the present date, and to include compound interest at Abbey’s excess overdraft rate of 28.7% EAR. I am applying this rate of interest to the monies that Abbey has unlawfully deducted from my account over the years, on the principles of implied mutuality and reciprocity, and unjust enrichment."

 

Apologies and thanks to Bong, can no longer remember which words are hers, which mine.

 

and "We do not expect to borrow from the bank free of charge - we fully expect to pay interest and have done so at your unauthorised overdraft rate. "

 

(There are two claims)

quietzap (I want my money back.)

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Hi all, Ive just got my list of charges back from the woolwich and i am want to claim compounded interest from my current acc.

 

 

1, Can i claim compounded interest on a direct debit

 

2, Can i claim compounded interest on an unauthorized overdraft limit

 

3, What else can i claim compounded interest on

 

 

All advice would be grateful.

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Guest Battleaxe

Hello Lips,

 

Have you read the the FAQ's and other threads relating to the bank or credit company you are dealing with?

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No offence, but if you are asking basic questions like that, my advice would be to spend a fair amount of time understanding what you are actually decided on doing. CI isn't something you can simply "decide" to go for. You have to realise the implications, the arguments and the possible pitfalls because it isn't a dead-cert.

 

This is a basic part of the claim process and as battleaxe has suggested, I would possibly spend a fair amount of time in the FAQs and User Guides understanding how to compile your claim.

 

Realise this might sound critical and it is but purely for your own benefit ;)

  • Haha 1

If my post has been useful, tip my scales and let me know

 

Always start with the User guide!

Stuck with RBS charges? Click here!!

 

RBS CA1 £2794 SETTLED!!! RBS CA2 £503 SETTLED!!! HBOS CC £498 SETTLED!!! Barclaycard £705 (with CCI) ONGOING!!! NATWEST CA ONGOING!!! LLOYDS CA x 2, CC, LOAN ONGOING!!! HFC LOAN ONGOING!!!

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Phew....what a thread. Read everything thro to page 47...making notes. etc. Head done in!!! All the wisdom - just brill. Wow.

 

Put loads of other hours trawlin as well. Quick question to get me started..... is the lovely bill-k's link (post 23rd Jan) to Vamps Compound Contractual Int. Spready the one to use - or has there been a further updated version.

 

Gotta unscramble head now before make tea...looks like gin followed by beans on toast....again!! lol

 

Lel

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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will do 47 onwards 2moro!

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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...sorry....24 Jan post no 902....and Vamps No 16 spready...to be precise!

 

....my cotton wool head is to blame!

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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is the lovely bill-k's link (post 23rd Jan) to Vamps Compound Contractual Int. Spready the one to use - or has there been a further updated version.

Lel

Lel - how can I not respond to that one ??

 

(moved to complaints )

 

If you'd prefer an exported Excel one, then PM me with an email addy, and I'll send you one. :)

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Guest Battleaxe

i went over to the link, page opened fine, and when I clicked into to have a look at the spreadsheets there was nothing apart from Page cannot be found when I clicked into eacg sheet

 

I am interested in the Consolidation loan spreadsheet.

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Guest Battleaxe

Thank goodness Tanz, thought I had one glass too many of Bucks Fizz for breakfast and couldn't control my fingers. LOL

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Have I got/understood this correctly as regards contractual interest ?

 

If I was levied a penalty charge of £20 two years ago (ie. 24 months), to date I would have paid £20 * Compound Formula ie. (1+Monthly Rate)^24

 

eg. Monthly rate of 1% (very conservative!!) on £20 means

Month 1 = £20.20

Month 2 = £20.40

etc. up to

Month 24 = £25.14

 

So a £20 penalty has attracted and extra £5.14 in 24 months (unlawfully, I might add!) Now if I add my own contractual interest onto that for each month this means

 

£20.20 * My Monthly Rate (say 1.9% or 26%AER)

 

Month 1 = 1.9% of original £20.20 = £0.38p interest

Month 2 = 1.9% of original £20.40 = £0.39p interest

 

If I do this over 24 months this equates to an additional £9.87

 

If this is correct, using real APRs etc. on 14 or so penalty charges (obviously reducing the month count accordingly for each one) means an additional few hundred pounds !

 

Is my logic correct here ?

 

Thanks oh wise ones....;)

Tim aka Capitulator

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eg. Monthly rate of 1% (very conservative!!) on £20 means

Month 1 = £20.20

Month 2 = £20.40

etc. up to

Month 24 = £25.14

 

 

The £25.14 is at month 23. By month 24 it is £25.39

 

If I do this over 24 months this equates to an additional £9.87

 

No, an additional £11.75!

 

If this is correct, using real APRs etc. on 14 or so penalty charges (obviously reducing the month count accordingly for each one) means an additional few hundred pounds !

 

Is my logic correct here ?

 

 

Yes, the logic is correct. I think you may be one month out in your calculations, and also the 1.9% is rounded down - 26% pa is 1.944% per month.

 

Tim

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Thanks Bill - have pm'd you email address. Hoping to have quiet day at work for today's homework - pgs 47 - 85!!!! Got oxygen on hand to see me through!!!

 

Already claimed £16,000 from RatNest last October. Now going for

pre six years, 'delinguent' CRA removal an comp. cont. interest.

Should be fun.

 

Have been making notes ... Lim Act... Laches..etc ...also all threads -Glenn, Mindz, Seminole, MMM, sp, etc. A nach nervous cos know gotta get head thoroughly round all issues as will probably at some stage be me (in person!!...scarey) v barrister as Glenn etc.

 

However at 8.5K before interest over 2 claims ....I'm up for a scuffle or two!!

 

Glad ur all there to pick me up an dust me down!!!

 

lel

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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Nevos - will PM you.

 

I am sorry - I didn't realise there was such a demand for the Exported Excel versions of Vamp's spreadies.

 

Unfortunately, these do not have the support of CAG, and are therefore not available via direct links to the CagMembers site, until further notice.

 

The Google versions of these are all of course available in Vamp's Google chambers, along with the online help and support of others from CAG.

 

If anybody really prefers the Excel version(s) then please PM me with an email address and tell me which sheet(s) you would like. I will send them as attachments.

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Wow.......she's quite a girl...what a brilliant victory....AND fund of info!! You said it all......SUPER BONG!! Thanks Bill.

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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Ooops....this can't be right......or I'm on my way to millionaire's row!

 

Could some nice lil bod check this line from my comp. cont. int spready.

Don't think it can be right...

 

Unauthorised o/d rate 29.80% (gasp - seems daylight robbery!! Thugs)

 

Charge date 14/08/95

Charge reason - unpaid dd's

Penalty charged £55.00

Cumulative penalties £55.00

Interest on penalties £1,704.03 (aaaarrrhhhh!! - that can't be right?)

Interest date 31/08/95 (end of each month debit int applied -right?)

Interest charged £8.62 (debit interest)

Estimated o/d bal. during period of interest £6.00 (Daily? Right?)

Interest free overdraft 0.00 (dream on...)

Bank interest on penalties £8.62

Interest on bank penalties £263.27 (......really.....zat right???)

 

This is my first test line to make sure I've got it.......doubtful???

 

Do I go to the bottom of the class - or straight to Park Lane?

 

Please lovely peeps (as MMM wud say)....marks out of ten? an homework?

 

Lel

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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Yeah - watch that bloke Glenn - he eats CAGsters for breakfast !! :o :D

 

Thanks for that, isnt time you were somewhere else?? :-)

Kick the shAbbey Habit

 

Where were you? Next time please

 

 

Abbey 1st claim -Charges repaid, default removed, interest paid (8% apr) costs paid, Abbey peed off; priceless

Abbey 2nd claim, two Accs - claim issued 30-03-07

Barclaycard - Settled cheque received

Egg 2 accounts ID sent 29/07

Co-op Claim issued 30-03-07

GE Capital (Store Cards) ICO says theyve been naughty

MBNA - Settled in Full

GE Capital (1st National) Settled

Lombard Bank - SAR sent 16.02.07

MBNA are not your friends, they will settle but you need to make sure its on your terms -read here

Glenn Vs MBNA

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Sorry - just recalculating daily average overdraught amount - think I've got it wrong.....(add up o/d figure for each day and divide by days of month - that is right isn't it?)

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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Thanks Tim,

 

Yes, the logic is correct. I think you may be one month out in your calculations, and also the 1.9% is rounded down - 26% pa is 1.944% per month.

 

Tim

 

Excel had rounded the display to 1dp but I don't know how I missed the month ! Glad that my understanding is basically correct as I have penalty charges dating back to 2001 and this makes some of the headaches I've got worthwhile ! I now need to look at the complete posts from

24622DCDC-Comics-Superman-Logo-Post.jpgUPERBONG !!!©2007 bill-k

,Glenn UK and others to reinforce arguments re. contractual interest if I have to go to court ! (Apologies to bill-k for plagiarising his super logo!)(Intentional pun!)

Tim aka Capitulator

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Thanks for that, isnt time you were somewhere else?? :-)

Glad to see you finally got an avatar pic up there at last, mate. No.1 son, I guess. Teach him well, mate, and he'll be OK. But above all else - teach him how to use the spellchecker !!! :D

Yes, you're right my friend - like the belligerent drunk on a Friday night - I'm being asked that question, "Ain'tcha got no home to go to ?"

Yes, I have indeed, and I am being shown the door once more, by a bunch of genuine gorillaz. So I bid you goodnight

Thanks Tim,

 

Excel had rounded the display to 1dp but I don't know how I missed the month ! Glad that my understanding is basically correct as I have penalty charges dating back to 2001 and this makes some of the headaches I've got worthwhile ! I now need to look at the complete posts from

24622DCDC-Comics-Superman-Logo-Post.jpgUPERBONG !!!©2007 bill-k

,Glenn UK and others to reinforce arguments re. contractual interest if I have to go to court ! (Apologies to bill-k for plagiarising his super logo!)(Intentional pun!)

LOL !! Apologies firstly for embarrassing Bong.

Secondly for attributing copyright to this jerk !! I think the credit goes to D.C. Comics way back in the 50's for that !!

... but the copyright for the rest ("...uperbong!") is most amusingly appreciated, Cap !!

Just gotta hope Bong feels the same way !!

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