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    • I would suggest that you stop trying to rely on legal theory – as you understand it. Firstly, because we are dealing with practical/pragmatic situations and at a low value level where these arguments tend not to work. Secondly, because you clearly have misunderstood the assessment of quantum where there are breaches of obligations. The formula that you have cited above is the method of loss calculation in torts. In contract it is entirely different. The law of obligations generally attempts to remedy the breach. This means that in tort, damages seek to put you into the position you would have been in had the breach not occurred. In other words it returns you to your starting position – point zero. Contract damages attend put you into the position that you would have been had the breach not occurred but this is not your starting position, contract damages assume that the agreement in dispute had actually been carried out. This puts you into your final position. You sold an item for £XXX. Your expectation was that you your item would be correctly delivered and that you would be the beneficiary of £XXX. Your expectation loss is the amount that you sold the item for and that is all you are entitled to recover. If you want, you can try to sue for the larger sum – and we will help you. But if they ask for evidence of the value of the item as it was sold then I can almost guarantee that either you will be obliged to settle for the lesser sum – or else a judge will give you judgement but for the lesser sum. This will put you to the position that you would have been had there been no breach of contract. I understand from you now that when you dispatch the item you declared the retail cost to you and not your expected benefit of £XXX. To claim for the retail value in the circumstances would offend the rules relating to betterment. If you want to do it then we will help you – but don't be surprised if you take a tumble.  
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    • amusing that 'bad economic judgement on behalf of prior party ISN'T a major reason to wingers to move to deform yet immigration is, where record levels of such has been driven by the right wings terrible brexit and the later incompetent dog whistle 'proposals largely driven to whistle to the right wingnuts Just seems to confirm the are clueless numpties 'wetting their own shoes   Has farage bought a property in Clacton yet?   yet concern for the NHS is listed as a major issue even by those saying they are moving to deform  
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      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.
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      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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Claiming BC charges over 6 years **CHARGES REPAID with CONTRACTUAL INT'T**


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Hi,

 

I am about to start my claim journey against Barclaycard, I vaguely remember reading somewhere but can't find the thread that its possible to claim charges beyond the 6 years statutory limit due to the OFT investigation and subsequent reduction in charges to £12. ?

 

Thanks for your help!

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I might be wrong but I don't think the OFT investigation mentioned claiming bank charges beyond 6 years, what they said is that £12 could be considered as a resonable charge, but even that isn't concrete, so it's arguable that it's reasonable. But yes it is possible to claim beyond 6 years, case law backs that up.

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Hi Tnook,

 

Do you have your older statements going back beyond 6 years. BC will not supply these to you easily, if at all.

 

If you do have the older statements, you can reclaim all penalty charges back to 1995, but you should do this from the outset. The OFT investigation and the £12 limit which was set has little to do with reclaiming your charges as they are unlawful penalties.

 

If you just reclaim the charges, BC will repay them quickly.

 

If you claim interest in restitution (compound int't at the bank's contractual rate), this could add considerably to the amount claimed but BC will not refund this voluntarily. You'll have to file a court claim, pay the court fees, file a court bundle (your evidence) and BC will usually repay just before a hearing date.

 

:)

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Afraid I don't have any statements prior to 2005.

But thats ok.

I'll focus on the last 6 years.

 

I was amazed at the difference adding compounded contractual interest made to the total claim.

Almost doubled the figure compared to charges and statutory interest.

 

I don't mind giving it a go,

already in court with Barclays (stayed) so I know the court route.

 

Just not sure if it goes to court will the judge throw out the claim if its based on contractual interest?

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Hi Tnook,

 

Afraid I don't have any statements prior to 2005.
If you think there may be older charges, I suggest you send off a SAR to get info back to April 2004.

 

The older the charge is, the greater the impact of claiming compound interest at the bank's contractual rate.

 

I would suggest you hold back on the Prelim Claim letter until you check for the older charges. The SAR £10 fee could be a very wise investment.

 

:)

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Decided to go after my charges from 1998-2004 when I had a Barclaycard. I no longer have the statements nor the account number will my address at the time suffice in a SAR?

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BC will only supply you with statements for the last 6 years and nothing earlier.

 

Hi Tnook,

 

The only way to get statements for earlier is to try court action. They may just manage to find a few older statements for you but it's not guaranteed to work.

 

See here - http://www.consumeractiongroup.co.uk/forum/barclaycard/206050-webby-barclaycard.html

 

:)

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  • 2 weeks later...

Have focussed initial claim going back to 2004.

 

Sent my preliminary letter asking for charges and interest on charges to be refunded a few weeks ago. Got their standard "It will take us four score and 16 years to process your complaint letter".

 

Have sent my LBA today.

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Well done tnook!

 

Have they sent you a cheque, or did they insist on applying the refund to your account?

 

Went as a credit towards my current balance.

 

Next step to claim charges beyond 6 years. SAR going out tomorrow. :)

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Hi Tnook and Big Congrats on your win.

 

So they repaid charges plus the contractual interest which you calculated on your spreadsheet ? Please confirm.

 

I assume they were willing to refund without you filing a court claim because they applied it as a credit to your account balance.

 

Good luck with the older charges. I've already warned you about the problems you'll encounter but see how it goes and let us know.

 

If you can manage a donation to the site, it'd be great as funds are woefully short now.

 

:)

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Yes it was a credit against my current balance. They refunded me slightly less because they calculated based on the contractual rates at the time of each charge. The contractual rate has varied over the years.

 

Will definately make a donation asap this site has been invaluable.

 

Sending off SAR for pre 6 year charges. It's for two cards I had with them but no longer have the account numbers. No doubt they will use this against me. I provided address details for the accounts.

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Noted :)

 

Thread title changed to reflect your **WIN**

 

:D

We could do with some help from you

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                                            Have we helped you ...?  Please Donate button to the Consumer Action Group

 

Please give something if you can. We all give our time free of charge but the site has bills to pay.

 

Thanks !:-)

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