Leespeds vs Lloydstsb

[leespeds]

Wow What a site, i never dreamed of being able to get my money back and believe me i tried!

 

I sent of my initial letter today asking for details of the charges statments ect so hope to get those soon! i've had a look on my online banking and i estimate it being around £2000- £3000

 

And Capital 1 and Natwest are next but i'll do seperate threads for those.

 

i've spent the last 6 hours basically reading this site including the FAQ's however if anyone would like to say hi and offer advice i'd be very grateful.

 

Cheers

[hagenuk]

Hello and Welcome.

 

You are doing it all right so far but, keep reading!

 

Also look here so you know what to expect.

 

http://www.consumeractiongroup.co.uk/forum/lloyds-bank/

[leespeds]

Just a quick qestion and i apologise if it's been asked before but i've read alot of the threads and haven't seen it yet

 

Has anyone claimed for additional costs incurred by these charges as i've had to take out loans and miss payment with others because of these unlawful charges?

 

Its caused me alot of stress and repeatedly had to look to my parents for support!

 

Just a thought let me know!

[GaryH]

Hi Leespeds.

 

As your claim will almost certainly be allocated to the small claims track, there is a limit to what you can recoup by way of costs, etc. There is a 'no costs rule' which ultimately is to the benefit of individual claimants acting in person, like you and me. What it means is that we can bring claims against organisations (such as banks, etc), safe in the knowledge that in the event we lost, we would not get screwed for the other sides legal bill - which could be tens of £thousands in some cases. I for one, would not feel quite so comfertable about sueing my bank if it were not for the no costs rule. You would not normally be entitled to a distress and inconveniance award either.

 

You could perhaps go for consequential losses, but this is fairly unchartered territory as far as bank charges claims go. Any losses you claimed would have to be clearly quantifiable as a direct consequence of the unlawful charges. You'd need to do your research on this and be sure that you could substantiate a clear link with evidance to back it up. I think Bean was claiming consequential losses, but I'm not sure how it panned out. Heres his thread - http://www.consumeractiongroup.co.uk/forum/lloyds-bank/4887-beans-timeline-joint-acct.html

 

If you had an account with an overdraft you may want to consider charging interest on the charges at the rate they charged you for being in overdraft - under the implied principle of mutuality and reciprocity. This rate would typically be around 16% if you charged their authorised rate, around 29% if you went for unauthorised. There is no express provision for charging them this rate, but many have been successful in doing so - me included. Again, you'd need to do some research. The subject is discussed and explained in the 'General' forum. Heres a couple of threads - http://www.consumeractiongroup.co.uk/forum/general/7252-new-way-looking-interest.html and - http://www.consumeractiongroup.co.uk/forum/general/18313-why-no-one-claiming.html?highlight=contractual+interest

 

Hope this helps

[leespeds]

I'll get the old thinking cap on and have a look through all the information!

 

thanks for the advice

[leespeds]

right gos my ass in gear and asked them for all my charges back. they've sent a letter back saying no! (in more words)

 

they say they are service charges not default charges!

 

what do i do?

[BARTY]

Welcome back!

That is standard reply, just carry on with your claim, have a read of these:

http://www.consumeractiongroup.co.uk/forum/faqs-please-read-these/31460-step-step-instructions.html

http://www.consumeractiongroup.co.uk/forum/faqs-please-read-these/

Good luck, let us know how you get on.

Barty:)

[leespeds]

hi guy's,

 

little worried about the lloyds win in court. now i want to be fully prepard and don't want to make any mistakes..

 

i'm just about to send my LBA... is there anything i should put in that letter to let lloyds know they were lucky and i'm not going to go down without a fight... any t+c's i can add to the letter ect?

 

cheers

Lee

[LISAM696969]

just use the letter from the template library it is properly worded any other info is not relevant until it gets to court and as its lloyds tsb we're talking about it will porbably get to court , good luck, lisa

[leespeds]

cheers