When did t?the 12 pound Charge come into effec

[diddydicky]

hi just a quickie can anyone confirm when citibank reduced the charges to 12 quid?

 

thanks

[yourbank]

Either way I would still reclaim that amount.

[angry cat]

Egg reduced the charges prior to the take over by Citi;

at first they were reduced to £16, as the OFT gave them an exemption due to Egg being, what they classed an an internet bank (please don't laugh)...Factually Egg was not different to banks such as MBNA.

 

I believe that this was 2006.

 

AC

[angry cat]

Either way I would still reclaim that amount.

 

I actually reclaimed the entire amount of charges plus contractual interest.

 

AC

[angry cat]

Yes, Egg eventually agreed to refund the amount in excess of £16 = £4;

very generous of them, NOT.

 

The Office of Fair Trading: Statement on bank credit card default fees

 

AC

[diddydicky]

the question related to copy T & Cs for 2006 in which 12 quid charges were quoted

[yourbank]

Likelihood is that it would be July - september of 2006 since I think there was a time limit set for compliance with it.

[diddydicky]

thanks-

[angry cat]

DD, is your question in relation to EGG?

[diddydicky]

no its a citicard from 2006. eventually from an April request they have sent a 10 page set of typed T & C's for 2006 and the same for 2009- no hint of an agreement

 

there were 12 quid charges on both and i thought they might have been a bit too clever- never mind still not good enough

[MandM]

Question for DD. Still getting my head around all the ins and outs of loan agreements & T&Cs etc. If I have an egg LOAN agreement from April 08 should the 'charges' for late payment etc be £20? as this is what is stated on the agreement (copy) supplied by them as a true copy of the original which i don't have

Edited October 17, 2009 by MandM
added a bit

[postggj]

settled this in court

 

 

august 2006

 

when 12 quid charges came in

[MandM]

settled this in court

 

 

august 2006

 

when 12 quid charges came in

 

So, if my Loan Agreement is dated April 08 (their so called true copy below) is this an indication that this IS NOT a true copy or may they have just used the wrong loan agreement when the loan was taken out in April 08: -

 

http://i983.photobucket.com/albums/ae316/slinkymary50/LoanAgeementPage2of3.jpg

[diddydicky]

So, if my Loan Agreement is dated April 08 (their so called true copy below) is this an indication that this IS NOT a true copy or may they have just used the wrong loan agreement when the loan was taken out in April 08: -

 

http://i983.photobucket.com/albums/ae316/slinkymary50/LoanAgeementPage2of3.jpg

 

well if they bumped them back up again hen that in itself would also be a problem for them