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Missgiggles v Natwest


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Hi Everyone

 

I have just joined the site today, and am in the process of getting my head around it all!!

 

I bank with Natwest, I have my own current account as well as a joint account with my partner.

 

Even though my current account has had a £0 overdraft for the past year (I worked my ass off to clear it) there was a period of around 3 years when I was constantly living in it!! Can I claim my charges back from this period?

 

I have recently had a baby so the money will come in handy!!

 

I am going to send my ' statement request' letter via recorded delivery in the morning.

 

Wish me luck

 

:)

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Well done. Don't forget to ask for 6 years worth of statements, if that is how long you have had an account with the bank.

 

Before you start please have a thorough read of the FAQs (there’s a Step by Step guide here too). You should print both of these out to refer to, so as to avoid having to ask basic questions later.

 

Then look at other threads in your bank’s forum, so as you know what you can expect to happen. You can claim back your charges, and a few are trying for the payback of Early Redemption Charges on loans and Mortgages.

You need to spend 2 or 3 days gradually getting your head round everything. If you find a forum/thread/post of interest, save it in your Favourites, so as you can always find it easily.

 

There’s a lot to take in, but it’s time well spent and will ensure that you succeed in your claim without problems. Remember it’s not a race, don’t rush, just follow the guidelines one step at a time.

 

This is a self-help forum and you must be prepared to put in time and effort. It is your claim, your money and you cannot expect others to do all the work for you.

 

When you feel confident that you understand the process and the various stages involved, start a new thread in your bank’s forum and post your progress and any questions there and you’ll get plenty of help.

 

All the info to get you started is here:

http://www.consumeractiongroup.co.uk...se-read-these/

There are more links below to assist you get around the site.

 

Good luck

Ukaviator

 

WARNING TO ALL

Please be aware of acting on advice given by PM .Anyone can make mistakes and if advice is given on the main forum people can see it to correct it ,if given privately then no one can see it to correct it. Please also be aware of giving your personal details to strangers

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Posts moved for you into Natwest group

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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Can't believe it!! The postmans been this morning with my bank statement and guess what??????????

 

After a whole year of no bank charges I went £2.31 overdrawn and they've charged me £28!!!!!!!!!!!!!!!!!1

 

Where's the justice and more importantly the Christmas sprit!!!!!

 

I'LL SHOW THEM!!!!:-x

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I think you'll find Nat West don't know the meaning of the term "Xmas Spirit".

IF MY COMMENTS HAVE HELPED PLEASE CLICK MY SCALES

 

Don't be like the banks - give a little back

 

 

:D NAT WEST - WON - £4282.36:D

 

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  • 2 weeks later...

Well still no reply from Natwest, I'm not expecting one now till the new year.

 

I've been visiting the site everyday, especially that Natwest thread to get inspiration from other members.

 

I'm looking forward to fighting Natwest all the way, and once I win my case I'm gonna start on my mum's!!

 

Merry Christmas everyone!!!

 

:)

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  • 2 weeks later...

HI

 

Hope everyone had a good Xmas, I've eaten way too much and spent way way too much in the sales!!!

 

Still no reply from Natwest regarding my statements.

 

Has anyone had to wait the full 40 days?

 

Happy New Year everyone!!

 

:-)

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Hi everyone

 

STILL no reply regarding my statement request!!!

 

Their time is up on 20th Jan, should I wait until the full 40 days is up or can I send a

'what the hell are you playing at' letter before then?

 

Thanks

MissGiggles!!:mad:

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Try the telephone approach for an update.

My advice has hardly any legal foundation whatsoever, however you never know it it might just work!

:cool:

 

NatWest Prelim 07.10.206

LBA 21.10.2006

MCOL 30.10.2006

Acknowledgment of Service 06.11.2006

Offer of approx 50% £2200.00 22.11.2006

Full settlement £4500 received 03.01.2007

Smile settled in full

Barclaycard settled in full

RBS Worldwide settled in full

Lloyds TSB settled in full £750.00

Lloyds TSB settled in Full £275.00 11.04.2007

Lloyds TSB business account £1376.00 AQ filed

Lloyds TSB Business account settled in full 21.05.07

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Thanks ataction

 

I'll give them a ring tomorrow, however why do I get a feeling they would have 'lost' or 'mis-placed' the letter!!

 

:confused:

 

Any luck with the 'phone call approach'?

:DSUCCESSESS:D

NATWEST01&02 won over 4k

See how

http://www.consumeractiongroup.co.uk/forum/natwest-successes/31683-muggins73-natwest.html

 

:)CURRENT CLAIMS:)

HALIFAX03

19-SEPT-07 APPLICATION TO HAVE STAY LIFTED

02-OCT-07 APPLICATION REFUSED

LLOYDS TSB04

10-MAY-07 LBA

 

ABBEY05

19-SEPT-07 LBA

 

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Good. Remember stick to your time frame, if your statements fail to arrive on time, then by all means proceed with the next stage.

Either way keep us posted.

:DSUCCESSESS:D

NATWEST01&02 won over 4k

See how

http://www.consumeractiongroup.co.uk/forum/natwest-successes/31683-muggins73-natwest.html

 

:)CURRENT CLAIMS:)

HALIFAX03

19-SEPT-07 APPLICATION TO HAVE STAY LIFTED

02-OCT-07 APPLICATION REFUSED

LLOYDS TSB04

10-MAY-07 LBA

 

ABBEY05

19-SEPT-07 LBA

 

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Came home from work today to find the 'brown, tatty envelope' everyone goes on about!!

 

opened it to find all my bank statements!! YIPPEE

 

Just so I'm sure

 

You add up all the charges for going overdrawn?

And the interest charged on your account?

 

Is that right?

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Yes, using one of Vamps spreadsheets. Calculating the interest charged on your account is tricky and prob not worth doing if it's minimal. You can use the contractual interest route which will give you a high return on interest or just go for the basic 8% statutory interest which you dont add on until it reaches court stage.

WON £4000 v NAT WEST

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Just extract all the penalty charges, then prepare your analysis on a spreadsheet to calculate the interest. You will be claiming the interest on the charges, which you will add on when you file your legal claim.

 

If you have an authorized overdraft then you have agreed to pay the interest on the OD, and obviously you cannot claim. However if the charges have forced you into unathorized borrowing then you may be able to claim a higher level of interest. (Contractual). Hope this helps, just

ask away if you have anymore queries.

My advice has hardly any legal foundation whatsoever, however you never know it it might just work!

:cool:

 

NatWest Prelim 07.10.206

LBA 21.10.2006

MCOL 30.10.2006

Acknowledgment of Service 06.11.2006

Offer of approx 50% £2200.00 22.11.2006

Full settlement £4500 received 03.01.2007

Smile settled in full

Barclaycard settled in full

RBS Worldwide settled in full

Lloyds TSB settled in full £750.00

Lloyds TSB settled in Full £275.00 11.04.2007

Lloyds TSB business account £1376.00 AQ filed

Lloyds TSB Business account settled in full 21.05.07

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Can anyone help me?

 

I have added up all my charges and it comes to £350 (not a lot compared to some people I know, but It's a lot to me!!)

 

Into Primlim letter it says

 

I calculate that you have taken £XXXXX plus £XXX which you have charged me in overdraft interest for the sum which you have taken. Total £XXXXX .

I enclose a schedule of the charges which I am claiming with this letter

So do I add up all the interest I've been charged on my account every month to?

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Hi missgiggles,

 

No, you do not add up all the interest you have been charged monthly on your account.

 

You are not claimimg back the interest charged on your bank account (which you are advised about on your bank statement at the end of every month). You are, infact, claiming back the interest the bank have made from these amounts. If you have gone over your arranged overdraft limit, this interest becomes much higher.

 

The spreadsheets on this forum simplifies this for you.

 

Using the complex spreadsheet, you enter the penalty charged, giving its description and date at which it was applied (A).

You then enter the interest charged to your account (usually at the end of the month) and the date at which it was taken, followed by your account balance and overdraft limit. Depending on whether or not you have gone over this limit, the spreadsheet works out how much interest was accurued as a direct result (B).

 

These are the amounts you enter onto your PRELIM letter.

 

The second part of this spreadsheet (which is only used when you reach the claim stage) works out the confusing 8% part. Which in lamens terms is 8% on the total penalties (A) and then on the total interest (B).

 

The simple spreadsheet works out total penalties charged (A) and the 8% interest on this amount only.

 

Hope this helps and is not too confusing...it was to me at first;)

  • Confused 1

:DSUCCESSESS:D

NATWEST01&02 won over 4k

See how

http://www.consumeractiongroup.co.uk/forum/natwest-successes/31683-muggins73-natwest.html

 

:)CURRENT CLAIMS:)

HALIFAX03

19-SEPT-07 APPLICATION TO HAVE STAY LIFTED

02-OCT-07 APPLICATION REFUSED

LLOYDS TSB04

10-MAY-07 LBA

 

ABBEY05

19-SEPT-07 LBA

 

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