HSBC Have offered me some £ - advice needed

[chewlips219]

Hi all,

 

Fairly new to all this after i began to get well and truly F***ed off with HSBC charging me £125 for going over my o/d. Calculated 'unlawful' charges for past 6 yrs which is £2000.50 plus £327.88 with 8% apr interest. Used all the template ltrs from library, very helpful, thanks.

 

Sent prelim ltr, 14 days up, then posted LBA ltr but today rec'd a ltr from HSBC offering me £1700. I have to sign a form at bottom of their ltr in so many days to accept it or not.

 

Any advice/help much appreciated. Thanks alot.

If i dont accept, whats the nxt step?

[Mike12421]

Hi, we received a similar letter today, and have asked for the same advice. Have a look at;

 

http://www.consumeractiongroup.co.uk/forum/hsbc-bank/26671-they-offered-me-1935-a.html

 

We will be proceeding for the full amount, however we would like the opinion of others first.

 

Joanne.

[angela1606]

i would accept as part offer then continue for the rest dont forget you dont have to sign the confidentuality part just put a line through it i did and still got my money good luck

[chewlips219]

Hi

 

 

Thanks for that info/responses. I am going to send that template letter (see end of post) and ask for their offer of £1700 as PART settlement and request the rest they owe me. They cant get away with this, its ALL my money they've taken, i want it all back, not a good will gesture from HSBC!

 

YOUR Street

Town

City

Postcode

 

Date

 

BANK NAME

Address

Address

Postcode

Re: Account number XXXXXXXX

 

Response to settlement offer.

 

Dear [named sender or Sirs]

 

Thank you for your letter dated xx/xx/xx

I respectfully decline your offer of settlement and request, once again, that you return to me all charges imposed on this account, totalling £xxxx

 

I will accept the sum offered only as part settlement and on the clear understanding that I will pursue recovery of the remainder, with a County Court claim if necessary.

 

My letter before action sent previously indicates that you have until xx/xx/xx to respond before Court action commences. You are reminded that there will be no extension to this timescale.

 

I trust this clarifies my position.

 

 

Yours faithfully

 

[signature]

 

[print name]