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Money Claim interest charges


avon
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I know the calc is 8% per year, do I calculate from the moment I sent my very first letter to Barclays asking for money back to the date I do my online claim?

 

Basically how do I calculate the 8%

 

Regards

 

Avon

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From the date the money was taken from my account?

 

Money had been taken from my account in dribs and drabs over different months in different years.

 

How do I work that out?

 

Will I have to work out each £30 out of £600 and calculate interest up until date of claim.

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Are you not using the standard spreadsheet? It works out the number of days elapsed and then the interest for each charge you enter - then totals them.

Victimnomore

By day, quiet unassuming bank customer - but, by night, .. .. .. .. ..

Barclays Case1

14/03/07 **WON** FULL settlement £3358.39

Barclays Case2

08/09/08 Prelim: please give me my £187.91 back.

Halifax Case1

14/03/07 **WON** Refunded £728 (including £54 costs)

Halifax Case2

08/09/08 Prelim: please give me my £268.24 back.

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