Jump to content


  • Tweets

  • Posts

    • Hello,   Apologies as I know this topic has been done to death but I find myself in a situation I can't seem to find another example of?   Around 12 months ago, Moriarty Law contacted me about a supposed debt relating to my ADCB current account in Dubai. Nearly all current accounts come with an attached credit card (turns out they don't but one of the pages in the initial application that you're asked to sign is actually for opening a CC.... I know, should have been more studious with reading).   Thanks to this forum, last year I downloaded the "Prove It" letter and sent to Moriarty. After hearing nothing at all for 11 and a half of those months, yesterday a big parcel arrived containing the pages from the original account opening app with my signature all over it, a copy of my passport and residency visa from that time and bank statements for the whole 5 years I had the current account with ADCB.   Looking at the amount owed, it translated to around GBP5,000 at such time as ADCB passed it to ML and now they have inflated it to GBP10,000 using a combination of mystery charges and a made-up exchange rate between AED/GBP.   I'm wondering what my next move should be as others seeking help from this forum usually see a Prove It letter to be enough to shoo the DCA away. Sadly in my case, there's 3kg of paper on my desk that very much proves it.   Also I'm a director of a UK Ltd company now so would like to avoid anything that may sully that.   Any advice gratefully received, thanks very much!  
    • Will this now get allocated a court date as CLI have exhibited evidence? Or will the court review the evidence first? 🙄
    • Hi Lutz,   Go ahead with the new account.   As I said already, the bank will probably do and say nothing to help you for the next few weeks so make whatever other arrangements you can.
    • I don't think that you have told us when you bought the car. However, you have referred to a conversation in which they apparently told you that the MOT had been carried out on 11 November so that suggests to me that you bought it after that date. Although it seems as if you are dealing with quite a dodgy crowd, you may as well go through the paces of asserting your proper rights. Because you have discovered this issue within the first 30 days – you can add to the strength of your position by sending them a letter asserting a right to reject the vehicle under the consumer rights act. If a car manifests a defect within the first 30 days then you are entitled to reject it out of hand with no chance of repair but you must assert your right in writing. Send them a letter immediately – recorded delivery – informing them that you are rejecting the vehicle and telling them on what grounds and say that you are asserting your rights under the consumer rights act. It won't make a whole lot of difference, but later on if you find yourself having to take court action, then it will all help. Please let us know when you have had the AA check. Meanwhile, I suggest that you contact me at our admin email address and let me know the identity of the garage and any other identity clues that you have unearthed. It may enable us to give you additional help
  • Our picks

Please note that this topic has not had any new posts for the last 2953 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hi

I have today received a letter from MBNA stating that they have now calculated the refund amount and a payment will be sent in full and final settlement of my complaint

 

They state that they have reconstructed the statement balances by removing PPI and assoiciated interest. This will included interest arising because the ongoing monthly baance on your account was higher than it would be if you had made the same payments without PPI

 

If there is any statement period where, after deducting your premiums and associated interest, your balance would of gone into credit, we will add 8% simple interest to your balance for that statement period. If there is no statement period during which your balance would of gone into credit you will not recieve any 8% interest

 

Please note that the approach outlined above follows the refund guidelines set out by the FSA

 

We have calculated the refund as

 

Total amount of PPI charged £341.82

Total amount of associated interest £20.50

Applicable 8% interest £266.79

 

Total amount Payable £629.11

 

 

All I have is a list of payments made and the total PPi charged is correct but when using the FOSCIsheet v101 and putting an end date of sept 2009 as this is when it went to DCA and interest stopped I get compound Interest of £2322.99.

 

Are my figures totally wrong or is it MBNA?

 

Any help much appreciated

Ali

Link to post
Share on other sites

You won't be able to check it using that spreadsheet.

 

As you haven't got all of your statements you should write to MBNA and get them to send you a copy of their worksheet showing how their figure was calculated. You can then go through it and check each PPI payment and interest calculation.

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

three threads merged

 

please keep to one thread per reclaim.

 

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... 

Link to post
Share on other sites

So have MBNA caved in on the pre-ticked box online, or are the merged threads confusing things?

I have today sent my file off to FOS as nothing from MBNA.

PPI reclaims:

RBS: Received stat interest on premiums - £2345, awaiting premiums refund (possible offset)

Blackhorse: Confirmed upheld, awaiting letter - circa £2k

 

Charges reclaimed:

Barclaycard £800 + 8% - Full refund

MBNA £780 (incl. 8%) - full refund

Link to post
Share on other sites
So have MBNA caved in on the pre-ticked box online, or are the merged threads confusing things?

I have today sent my file off to FOS as nothing from MBNA.

 

No sadly that has now gone off to the fos for the long wait

Link to post
Share on other sites
Hi this settlement part is from my MBNA claim but the other part is my husbands claim which is why I started another thread

 

Hi Arniebear, was the pre-ticked to do with Virgin CC not MBNA? I've got the same problem of being rejected by MBNA and Egg at the moment for saying I ticked the box, MBNA haven't even complied with a SAR yet but still wrote refusing my "claim" that I haven't even made grrrrr! seems they assume all SAR requests are requests for PPI refunds lol!

Link to post
Share on other sites
Hi Arniebear, was the pre-ticked to do with Virgin CC not MBNA? I've got the same problem of being rejected by MBNA and Egg at the moment for saying I ticked the box, MBNA haven't even complied with a SAR yet but still wrote refusing my "claim" that I haven't even made grrrrr! seems they assume all SAR requests are requests for PPI refunds lol!

 

yes the pre ticked was virgin cc which is now part of MBNA. We finally got the agreement back with the standard rejection letter but you would need xray vision to read it as it is soooo small.. A tatic I feel Grrr. This account is my husbands

 

The other MBNA with they have agreed to is mine which started off life as an Aol card but I knew it was too good to be true when they rolled over and said yes

Link to post
Share on other sites
Hi this settlement part is from my MBNA claim but the other part is my husbands claim which is why I started another thread

 

ok i'll un-merge then

 

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... 

Link to post
Share on other sites

done sri for the confusion

 

thread is here:

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?363551-OH-s-MBNA-claim

 

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... 

Link to post
Share on other sites

If it were me I'd hang on to the cheque...it is good for six months.

 

If you bank it then it may be taken as an acceptance of their offer.

 

Await their breakdown so you can check it.

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Can you just clarify this so I can get it straight in my head. Is the associated interest the amount of interest I paid to them on the PPI balance @ the interest rate on my card?

Link to post
Share on other sites

yes but compounded.

 

each month THEY charged you PPI, as it is on the statement, it got charged int at THEIR RATE too.

that then rolled over to the NEXT MONTH, & got it charged on it AGAIN [that s called - compounded interest]

 

UNLESS you CLEARED the FULL outstanding balance in 'that' month

 

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... 

Link to post
Share on other sites

Thats what I thought and as I never cleared my balance

I'm confused as to how they could come up with a figure of just £20.50 for this when each months PPI payment was approx £20 and my card interest was about 18.9% ?

Link to post
Share on other sites
  • 1 month later...

Well I finally got my breakdown from MBNA with a polite

"we will not discuss this matter further".

 

I am trying to work out if their figures are correct as they have a surplus redress figure of £362.32 on this sheet

but the PPI premium is £241.82 and 8% interest is £266.79

 

it soesn't make any sense to me.

 

Can someone explain how I upload them onto here.

 

I have converted them to a pdf but not sure what to do next

Link to post
Share on other sites
. Can someone explain how I upload them onto here. I have converted them to a pdf but not sure what to do next

 

Hit "Go Advanced" below a message box.

 

Hit "Manage Attachments" and "Add Files".

 

Navigate to the file on your PC and upload.

 

Then you can drag the file into the file selection pane and "Insert Inline"

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

to me that looks pants....

 

cant be right.

 

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... 

Link to post
Share on other sites

That was my thinking too but I can't work out where to start. So I can get it clear in my head before I argue with them down the phone as they have told me they will not send any further correspondence.

Can anyone give me an idea where to start

Link to post
Share on other sites

i'll see if i camn make head nor tail of it latter.

 

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... 

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...