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vanquis default charges interest rate


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Hi all been in contact with vanquis about default charges, was a bit easy really they have agreed a sum and sent me copies of dates the charges were applied without a sar, only thing is they have offered a refund with interest applied at the montly rate of 4.516% does this seem rate I'm sure their interest rates are higher than this?

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it is much higher

 

trying to make you setlle short of your entitlement.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Hi

 

You can use the attached spreadsheet. Change the APR in the blue section to the APR of your card. In the list section underneath the coloured bits, enter the date of the charge, the description and the amount. You only need to enter data in columns A, B and C...the rest of the calcs are done for you.

 

Regards

 

ims

 

CISheet.xls

 

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