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Interest Charges


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Yep in 9/10 cases you file.......they acknowledge within 2/3 days

with an intention to defend.

 

2 or 3 days later you see the first payment hit your account (this is the interest and court fee) followed by the rest 1 or 2 days later.

You will get a letter from them after that asking you to tell the court they settled.

Make sure that all interest is paid before you agree !

 

:)

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.

 

 

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I think they have been known to try and pay it in none existent accounts and some people have managed to go the their local branch and take it out. If not then a cheque will have to be sent.

Egg Data Protection Act Statements arrived. On hold.

 

Halifax - Moneyclaim £3100

 

Amex to Remove Default - acknowledged didn't issue correct documents - default removed :) . £135 paid in full without Court

 

I'm on a roll now :rolleyes:

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They have been known to pay it into the closed account !

 

:rolleyes:

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.

 

 

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  • 1 month later...

Just a quick question i had a student account which went over its agreed overdraft limit, can i claim just the charges for going over or can i claim the charges for the interest charges which was put on my account also? sorry this might sound confusing

 

Regards

 

Andy

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hi andy,

yes you can claim back the interest too (not to be mistaken with the 8%) the interest that you claim back must be soley due to bank charges or bank charges forcing you to go overdrawn!

There is a spreadsheet in the templates section to help you figure it out

Sharon

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  • 12 years later...

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