Missold PPI Capital One

[gregorious77]

Waiting for allocation by the courts, the court lost my allocation questionnaire so had to do it again which has delayed things until the new year.

[missy]

Just had an interesting call fro crapital 1 legal dept.

 

They said they would like to ask for an extention. I said to put any request in writing however I would be answering in the negative. They said they needed a bit more time to work out the correct amount to pay back. I said they had loads of time when I made the first request and they refused to admit liability. I reiteragted that it was now in the hande of the court and we will stick to the couorts deadline.

[gregorious77]

was it wendy starr by any chance?

She asked me for an extension to file defence aswell I also told them they had had enough time already.

She said that her collegue was out of the office so they needed more time(a week).

I managed to get a default jugement against them because their defence was late but somehow that got taken back as the court said they did get it in in time afterall but I am not so sure.

[gregorious77]

Just found this which will be of use in court.

http://www.fsa.gov.uk/pages/Library/Communication/PR/2007/022.shtml

 

FSA FINE.pdf

[dx100uk]

blimey they kept that quiet

dx

[gregorious77]

It was anounced on this site at the time (2007).

[DanBut]

Missy....did u win????

[missy]

Sorry for the delay. Yes I did win.

[ims21]

Missy

 

Did it go to court or did they settle before an actual hearing?

 

The story would be useful because it may help other members.

[missy]

The usual story they refused to accept any liability or blame. I filed a claim at the small claims court and they paid up. It seems the only thing they are afraid of is the courts. Good luck to everyone else.

[grak444]

Ok here is the working out for 1 premium and an interest rate of 20.89% APR (taken from statement) which is 0.05199%/day

 

£8.12 paid on the 18/09/2001 works out a 3567 days times the daily rate = £43.73 Totals £51.85 If it goes to court I would add the 8% £6.37 giving an overall total £58.22

 

So if I don't go to court I would be looking for £51 85. This calculation is carried out on all premiums.

 

 

 

Hi CAGer's,

 

 

I too am in a position now where this case is identical to one I'm currently in discussions with against Capital One.

 

 

Does anyone have the formula for calculating Compound Interest at an APR of 25.2%?

 

 

The amount of PPI that I had directly paid to Capital One (without any interest added was £3050.03).

 

 

I really wold appreciate your assistance in driving this matter forward and have followed the thread with great interest.

 

 

Regards

 

 

Grak

[dx100uk]

you need to start a new thread

 

of your own

 

you'll not get seen here

 

dx