goldfish barclays bank

[dammo]

HI could some one please look and see if this is correct please as Barclays are only offering me £500 as a good will gesture as they said the actual offer is less than this.

Edited July 1, 2013 by dammo

[dx100uk]

we don't stand a chance without sight of the data you used

 

dx

[dammo]

sorry when you say data what do you mean ?the card was a goldfish credit card which ran from march 97 until july 2000 with a apr of 18.9% Did the attached file not up load correctly .

[dx100uk]

you have ppi figures in there

where did the monthly data come from?

 

dx

[dammo]

sorry just up loaded the pdf one not xl

[dx100uk]

we can see the xls ok.

 

you have figures for the monthly amounts of PPI levied

 

where did this info come from?

 

dx

[dammo]

the monthly data was the cost of the ppi each month it varies each month depending on how much was spent or paid off each month.shall i upload a statement for you to look at.

[dammo]

goldfish statement to look at

[dx100uk]

looks all good.

 

you can put the xls back up as the pdf has clipped the spread.

 

so what have BC give as a breakdown?

 

dx

[dammo]

these are the two final response letters i got back, after the first one i sent them copies of statements and then they came back with second letter.

[dammo]

by the way bc gave me no break down or how or what was the true figure and when i phoned today and asked how this offer was reached bc couldnt tell me or wouldn,t put me through to some one who could tell me .

I have now refered this to the fos as my 6 month time limit comes up on july 20th and i think that bc are doing this so i miss the dead line for fos to look at this case

[dx100uk]

send a letter asking for a written breckdown of how they came to the figure

[even though they say they have kept to their GOGW 'guess of £500']

 

I would, specifically, pointout that this was a CREDIT CARD not a loan

 

and any refund is subject to THEIR interest rate compounded

 

if the card is still running then you are correct

 

if the card is CLOSED

 

then set the end date to trhe date the card closed

 

take the total of the spready

 

and put that in the statint sheet

 

as one entry at the date the card closed

 

I think you are trying to claim comp int to today

 

that's not correct

 

you can only claim comp int till the card closure date

 

from then, on that total

 

you are entitled to 8% statint

 

dx

[dammo]

yes the card was closed on the 06/07/2000. not to sure which way to input the figures , any help would be good. thanks

[dx100uk]

says in post 12 how to do it

 

dx

[dammo]

ok thanks.

I think iv,e done it right this time.

[Andybars]

Based on the premiums you've stated - I get a figure of £186.04 as at 6 July 2000 using your figures and spreadsheet in Post 10.

 

My own version of the 8% spread sheet shows that this equates to £394.48 at todays date.

 

I am having trouble with connection speed at the moment so cant upload the spread sheets

- (there may be a very small discrepancy between my figure and the statint spreadsheet due to rounding) but it does appear that Barclays are correct in this case that £500 is a better offer

Edited July 2, 2013 by Andybars

[dx100uk]

yep

 

well done

 

sri I didn't spot it earlier!

 

accept the offer

 

dx

[dammo]

Thanks for all your help, I shall send the forms back to them and await my refund .

can,t understand why they want to give me more than i,m due, but I,m not going to turn it down.

Thanks again a donation will be on it,s way soon.