Mr_White v RBS

[Mr_White]

Hi All,

 

Acting on behalf of the missus

 

Posted DPA letter again yesterday 13/12/06 recorded delivery.

 

RBS denied receiving the first DPA letter sent in October

No doubt taking advantage of me forgetting to send it recorded.

 

Wish me luck !!

[HydraUK]

Welcome and GL! Not that it's needed...

[Mr_White]

Hi

 

Could someone kindly provide a link to standard letters:

1. asking for an overdrawn account to be put in dispute due to regime of unlawful charges and;

2. making a repayment offer to a bank in respect of a loan which is now been put in default.

 

Still no statements received from RBS !! Grrrrrr

 

Thanks

[Mr_White]

Hi All - latest update as follows:

 

Preliminary letter sent to branch St Anns Street Branch, Manchester, (recorded delivery) easking for £1586.85 + £286.45 interest.

 

Will update further if and when they reply.

[Guest willowb]

Hi there:)

 

Is the interest contractual? If not and it's the statutory 8% then it should only be added when you file a claim.

 

Wxxx

[Mr_White]

Hi willow

 

I didn't put it on the schedule, but I put it in the prelim letter where it says:

 

I calculate that you have taken £1586.85 plus £286.45 which you have charged me in overdraft interest for the sum which you have taken. Total £1873.30.

 

Is that okay or should I have stopped at £1586.85?

Does it matter?

 

 

 

[Guest willowb]

Hi:)

 

If the £286.45 is the interest they charged you on the unlawful charges taken from your account then that's spot on! Did you use the spreadie or work it out yourself?

 

I did this with RBS when I was a little newbie and worked it out myself because the spreadsheet scared me:eek: ....imagine hey!

 

Are you going to go for the contractual rate or the 8%?

 

Wxxx

[isidore]

The problem is that "interest" is used for so many things and generally everyone gets confused as to what interest is used when.

 

The more experienced people (in this case wb) always double check what the newer peeps are referring to as interest because they often confuse them.

 

The interest on the prelim letter is as you said overdraft interest which is a calculation of the debited interest on your statements. Most new people (who often jump in head first and don't read enough!!) confuse the issue and add their 8% there and then. If you've added your overdraft interest then proceed as you were.

 

Think wb was checking just to be on the safe side

[Guest willowb]

Yep!

 

Hello T4FF, you help alot of peeps out here don't you? this used to be my old stomping ground and I like to pop back now and then to see if I can help somewhere.

 

Wxxx

[isidore]

That I do! I like to think I am getting a little revenge for the 6 years of hell they gave me

 

The refund of charges wasn't enough for me lol

[Mr_White]

Hi all and thanks for the replies.

 

The £286.45 interest I added was the interest automatically worked out by the spreadsheet when I typed in the list of charges. So I guess that would be the o/d interest.

 

Do I add 8% or contractual interest on top of that once I issue the claim?

 

God i'm confused already - hope they just pay up

[Guest willowb]

Yes, that's right. When you file your claim you can include interest in the full amount but not in your particulars of claim....all will become clear when you file. For now, just do what you are doing....well done:D

 

Wxxx

[isidore]

The prelim includes your overdraft interest and also your contractual BUT only if you decide on going down that route.

 

This is a decision only you can make based upon the pros and cons of either route. If you wish to have a quicker experience and are happy enough with the 1.8k then go ahead with the prelim as you have it now and you may be settled before it goes to court. Otherwise you go to court, add your 8% and the bank will settle anyway.

 

If you however, want to fight for the extra money that is involved in a contractual interest claim, then add this in at the prelim stage. Expect a real fight for this, you will certainly need to do a lot of research and reading of other ppls claims. This will be contested by the banks and you will have to prove why you are entitled to it. It can be done, but it may not be your cup of tea.

 

Personal opinion I guess.......

[Mr_White]

Hi all

 

Well we won !!

 

Received letter offering full settlement (£1600 +) 7 days after LBA posted !!

 

Could somebody change the thread to WON !!

 

Thanks again to everyone

 

Barclaycard (if I ever get the statements) then LTSB !!

[Essix Blue]

Hi all

 

Well we won !!

 

Received letter offering full settlement (£1600 +) 7 days after LBA posted !!

 

Could somebody change the thread to WON !!

 

Thanks again to everyone

 

Barclaycard (if I ever get the statements) then LTSB !!

 

GREAT STUFF!!!!!!!

 

My LBA went in last week..... hopefully good news is coming my way too.

[Guest willowb]

Congratulations!!!!! :D

 

Won't you be having a good weekend!

 

Wxxx

[Mr_White]

Thanks chaps

 

 

The g/f rang them as it was her money could she have a cheque rather than be paid into the bank. They said "as it was the banks money" they intended to pay it into the account and reduce the o/d accordingly and she could basically take it or leave it !!

 

At least its wiped out the debt, but it would have been nice to spend it instead !! :grin: