LLoyd charge reclaiming

[conchy_joe]

i've just received a reply to my letter asking that my charges be repaid,they are dismayed that i'm not happy with them and say that their enquiries should be complete within two weeks when they will be able to respond in full and hopefully resolve the matter.i'm deeply suspiscious and don't see that it will take two weeks to add up and confirm my figures.should i stick to the "7 days" schedule and fire off the next letter.

[CHRIS581]

I've had exactly the same thing yesterday. I'm sticking to the 14 day rule for the second letter (LBA).

This sort of reaction just hardens my resolve to persue this through.

So I'm with you on this one (nearly to the date).

Stick to your guns!!!

Good luck.

[conchy_joe]

hi chris,yes i will stick to the letter schedule..thanks for your message.conchy_joe

[conchy_joe]

After sending the first two letters to Lloyds i got back a letter offering £750 as full and final settlement, but the amount i'm going after is £1759 plus £120 court fees. Should i ignore this letter and go ahead with the summons or is there a standard reply to their letter. i'm concerned as they said that they will credit my account within the next few days,are they waiting to see my response.

[dolly]

There is a letter rejecting part payment in the Library section.

 

Carry on with your claim and deduct £750 from the most recent charges.

 

They *should* credit your account - they did mine but yet others who got told that never received their credit.....and they won't take it back so go spend it

[conchy_joe]

Thanks DOLLY if they do credit my account i'll adjust the amount in the summons...conchy_joe.

[conchy_joe]

Hi everyone,I wrote to Lloyds on 3/3/07 claiming £1759 in default charges,these charges date back to 11/3/02.On 12/4/07 I received a letter from Lloyds saying they were prepared to offer me £750 in full and final payment of my complaint,they duly reduced my overdraft by this amount.I wrote to them on 18/4/07 saying I would only accept the amount as part settlement.Since that time everything seems to have come to a standstill,with the time taken by the OFT to investigate and then prepare their case,then the time taken by the court,and now we all wait for the banks to make their move.My big worry is that some of the earlier items that I am claiming are now over the six year mark.Can someone help me please,should I put in a claim for the "balance" ignoring the six year limit,or re-write it adjusted accordingly.I need advice badly,I had a handle on this matter but an illness in the family got me derailed for quite some time.

[Lula]

Hi Conchy, don't worry about it as bank charges can be construed to come under the exclusions in the Sola, namely that the banks have knowingly or mistakenly not disclosed the true cost of bouncing a cheque or paying out when the funds are not available.

[conchy_joe]

Hi Lula,Thanks for that welcome news.Do you think I should put in a claim for the balance.

[Lula]

Hi again, you can amend the claim by filing an N244 but you cannot put in a fresh claim for the same account.

[conchy_joe]

Hi everyone,

 

 

I have already written to Lloyds requesting that they repay bank charges and excess overdraft interest,

 

 

they in return offered £750 in full and final payment(my claim was for £1800)

 

 

I replied with the standard letter.

 

 

Since that time I have received a monthly statement showing a charge for overdraft interest,

 

 

can I claim back these charges along with the balance of charges/excess overdraft interest which I am in the process of doing now.

 

 

I need to act quickly as they have written to me giving me two days to pay the outstanding balance

or they will refer my account to their debt collectors.

 

 

I'd be grateful for any help you can give.

[BankFodder]

Yes you can.

Write to them. Put the whole sum in dispute and tell them that you are commencing court action.

 

Don't expect any commonsense or meaningful dialogue from them. They are bullies.

[conchy_joe]

Thanks Bankfodder,Just to clarify,even though it just states "overdraft interest" and not o/draft excess I can still claim along with the remaining unfair charges.As an additional bit of information they wrote to me last year offering to put the entire overdraft in the form of a loan..I ignored this letter because I didn't want to lose the original description of the amount I wanted to reclaim.

[conchy_joe]

Hi everyone,I wrote to Lloyds to reclaim £1879 in bank charges,they took off £750 saying it was a good will offer and was final.I wrote back with the standard letter saying that I was only accepted as part payment and that if they did not pay the balance I would be going through the courts.My problem is that I do not know how to calculate or apply the 8% interest.When I file my claim I'm going to list all the charges,then deduct the £750.Could someone please help me with the 8%.

[maroondevo52]

Hi,

 

The spreadsheets are here..................

 

http://www.consumerforums.com/resources/templates-library/48-bank-templates/118-interest-calculation-spreadsheets

 

Regards.

 

Scott.

[BankFodder]

You could decide to seek restitutionary damages in which case you could even claim compensation on the £750 already handed back to you

[charley2212]

hi bankfoder , could you please help sir.

the funding corp , i had a loan in 05 saw ppi on cancelled never received refund over paid 850 started writing in march of this year and of course they denied it all , discovered in the statement this figure hidden via wording and in the balance colu, confronted them and they offered the 850 back , ive said i seek full contractual interest + restitutional interest . how do i work the restitutional interest out from 04/05 for my court papers . i will double check exact % and get back to you , now off to work , most of my court bundle is ready various cases etc just need to work out the above for a lba and then off to court, and not a threat its been long enough .i have tried every angle as the courts suggest now time for business action

Edited November 9, 2009 by charley2212

[conchy_joe]

Hi everyone,Like everyone else out there I'm deeply disappointed and digusted with the decision from the House of (bankers) Lords.Having said that do we now have any options open to us.

[carbine1988]

im not disapointed i wanted the banks to win why should the people who dont use overdraft be punished with having to pay to withdraw cash just cause those who use overdraft throw a paddy

[markj113]

im not disapointed i wanted the banks to win why should the people who dont use overdraft be punished with having to pay to withdraw cash just cause those who use overdraft throw a paddy

 

And why should those who end up paying charges subsidise your free banking?

[squarepeg]

And why should those who end up paying charges subsidise your free banking?

 

 

Well said!

[carbine1988]

because if i take out a loan which i have done in the past i fully expect to pay back certain ammount of interest hence if i go overdrawn and do not pay it off on that day i fully expect to get charged interest for this

[GuidoT]

The Consumer Forums - Announcements in Forum : Lloyds Bank

[pompeyfaith]

Indeed a fair charge for everyone thats why this country is in the state it is because og two sets of rules.

 

PF

[pompeyfaith]

We are not disputing interest its the unfair high level of charges like £25 to send you a letter informing you that you are overdrawn.

 

Got nothing against interest that what makes the world go around.

 

It the damm high level of charges that are just not fair.

 

PF