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    • Email,. today from BW Legal    Without Prejudice Save as to Costs 09 April 2020 Dear XXXXXXX Our Client: PRAC Financial Limited Balance Due: £521.65 Hearing Venue: XXXXXXXX Original Creditor: Instant Cash Loans Ltd trading as Payday UK Original Account Number: XXXXXXX Hearing Date: 16 June 2020 We are writing to you because the court has listed our client's claim for a court hearing on 16 June 2020. We understand this is a difficult time for everyone, which is why our client is keen to resolve matters amicably by offering you the opportunity to pay a discounted balance on the sums due. We wanted to let you know that we are available to assist you throughout this time via numerous methods, from our Contact Centre, Webchat and our Customer Portal. We want to ensure that if you are or have been directly or indirectly impacted by COVID-19, that you still get to the best advice and reassurance about how to manage your account with us. Please call us on 0113 468 3021 or speak to us via Webchat so we can assist you at this time, we just need to understand your circumstances in order that we can help. Great News - 35% Discount Offer Our client wants to help with any possible financial burden that you may have and we are able to now offer you a pre-approved discount. This can be paid in one lump sum, or you can pay this over a pre-agreed instalment plan. This offer is open until 09 May 2020. What is even better for you is that you do not need to call us to accept this offer if this is affordable to you. Just log in, or register to use our Customer Portal www.bwlegal.co.uk and select "Customer Login". The pre-approved settlement and plan is ready for you to accept. You need to quote our reference, along with your address details and a couple of other security questions in order to register. Our Customer Portal is very easy to navigate and you can choose various different payment methods and payment dates. You can also use the payment calculator, view your account, statement and talk to us via Webchat if you need assistance. Strictly, without prejudice, the discount available is 35% from your current balance. If you do take advantage of the offer, the revised amount to pay will be £339.07 if paid by 09 May 2020. If you cannot afford to pay the discounted amount in full, do not worry. If affordable for you, you can still take advantage of the offer by repayment plan. We have a pre-approved monthly instalment amount of £20.00. The plan has been recommended to take into account estimated disposable income. We have also made it easy for you to accept the offer without having to call us. If this is affordable to you then simply log onto our Customer Portal and accept to pay the offer by instalments. You will be able to choose the first payment date and payment method. Once the offer has been accepted, we will withdraw the claim and notify the court that the hearing listed on 16 June 2020 does not need to go ahead. If you have filed a counterclaim, you will need to ensure that you inform the court and ourselves, in writing, that you no longer wish to proceed with the counterclaim. Important information about credit reporting When you opt to set up a discounted repayment plan, if our client already reports your account to a credit reference agency then they will continue to report your balance and payment each month. On receipt of your final payment, our client will then mark your agreement as closed with the status "settlement".   Yours sincerely, BW Legal
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    • Post 16  https://www.consumeractiongroup.co.uk/topic/420400-vcs-spycar-pcn-no-stopping-southend-airport/?tab=comments#comment-5040496   Post 23  https://www.consumeractiongroup.co.uk/topic/419312-vcs-pcn-no-stopping-in-restricted-zone-bristol-airport/#comments   Here are two good examples.  Tweak them according to your circumstances and post up what you intend to send.
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TINK660

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I have now decided to pursue Nat West for charges on a business account we held with them mid 1990's to 2000. I have totalled the charges to approx £3400, however if and when the 8% is applied it will take the claim to over £5000. Does this mean I cant take it through the small courts? I already had statements (probably not all of them as I can only find back to 1998, but as this is a substantial claim anyway I am not too worried about any before that date and really cant be bothered to go through the hassle of asking for them).

I have been reading Matheos thread which is spurring me on to go through with it, but a couple of questions:

1. Is the prelim letter the same or do I have to modify it for over 6 years?

2. Should I make the claim slightly lower so that it comes in below £5000 (after 8% interest)

 

Probably going to need a lot of help with this one ... lol


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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Nah i wouldn't lower the claim but i would split the claim eg 1998-2002 then 2003-present so that should bring it under the £5000 per claim.

 

Have a look at these and this should explain more about the over 6 years claims:

 

http://www.consumeractiongroup.co.uk/forum/lloyds-bank/54548-could-biggest-claim-site.html

 

http://www.consumeractiongroup.co.uk/forum/general/3598-do-you-have-charges.html


George Loveless - “We raise the watchword, liberty. We will, we will, we will be free!"

 

My advice is only my opinion, I am not a legal expert.

 

IF YOU LIKE THE ADVICE I'M GIVING AND ARE HAPPY WITH IT, CLICK THE SCALES ON THE BOTTOM LEFT OF THIS POST AND TELL ME.

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Hi Tink.

 

Over six years and you are dealing with the statute of limitations, so don't worry about the size of your claim, because the case will probably go into fast-track anyway. The bank will almost certainly defend the case and if you lose, you may have to pay the bank's costs.

If you want to go that far back, it's a chance you have to take.

It's doubtful if the bank would settle before court on a claim like this.

 

That's my opinion. If anyone knows better then please post.

 

Best of luck.

Regards, Rooster.


If this has been useful to you, please click on the scales at bottom left of post. Thanks.

 

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Thanks for your help Orfoster and Rooster

Must admit I am finding this one a bit daunting (even MCOL to me is daunting!) but I truly believe that Nat West was the cause of our financial problems, once you get on that slope it is very slippery. With the best will in the world you cannot get customers to pay until they are ready to do so, so you can never run an account the way you would want. Nat West kept us at an unreasonable overdraft limit, presumably to milk us for all we were worth with charges - sometimes as much as £137.50 a day (next 2 days work just to pay charges!!). So 8 or so years later we are still fuming although the money back will be great its the principle more than anything else that pushes us onwards. If we have a big fight on our hands so be it! This site is great, it gives people the power to fight back.


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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Do I have to modify prelim letter for this claim .... anyone plssss?


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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I'm a bit confused over the compound contractual interest. I have got halfway through calculating my charges including cci at 29.5% using Vampiresses spreadsheet No. 2, so far the charges are £1360, but the interest is £13184.81 (at this rate by the end of my calculations this figure is probably going to double in size) My question is do you calculate cci up to todays date or the date that the account was closed, which was 2000. And does this sum sound about right to anyone, to me it seems a hell of a lot of money. I am calculating interest at their highest rate, I think their standard rate was 12% at the time.

 

I also came across a few organisations that will claim charges back for you (for 25% of claim) on a no win no fee basis, but they will not touch "over 6 years" claims or compound contractual interest. I sent them an e-mail just to find out, as this may prove too big for me to handle. Also they made clear that pursuing a "+6 year claim" would leave the claimant with a huge legal bill should they not win. I must admit I am getting a bit twitchy now, especially at the size of the claim this will be.

 

Any thoughts anyone.


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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Bump


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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Any thoughts anyone????


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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do you calculate cci up to todays date or the date that the account was closed, which was 2000..

 

 

They've had your money since then, so you charge them interest up to today.

 

I'm not sure how this fits with it being over 6 years as far as your claim goes, but the interest element is up to today. It'll be a huge sum, but that what high interest does, in the same they they'll have charged you if you had that amount overdrawn for that period of time.


WON £4000 v NAT WEST

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Thanks Robberbank

Your right this is going to turn out to be huge, its more than a bit scary, I really need encouragement on this one as the general advice from companies that will claim back for you (for a 25%) fee seems to be that I wouldnt have a hope in hells chance of winning such a claim due to it being over 6 years and adding contractual interest. I havent taken the plunge yet but when I do I will need all the help I can get.


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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I think i'm busy that day!!!!!!;)

 

Seriously, it will be a tough ask, i'm not involved in a claim over 6 yeasr so cant really help but i know others with more experience of your situ will be here to help you as and when.

 

Good luck.


WON £4000 v NAT WEST

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As this one is worrying the hell out of me, I have been looking around at companies that will do the legwork for you (for a charge of course). I came across edited.

This is the only site that I have come across that will attempt over 6 years for you and they charge 15% plus VAT as opposed to the usual 25% plus VAT. They are the only place I can find that will attempt pre-6 years.

I would like to do this claim myself but as it is going to be a very large claim and I dont really feel confident about it (plus being a coward of course) I must admit I am considering it and I waive between "shall I of shan't I"!! Somehow, I feel a bit disloyal even considering them as I know I can get so much help from this site. Has anyone used them and if so, what are your experiences? They state that they have claim for someone with 21 years worth of statements and they operate on a "no win, no fee" basis.

 

please observe site rules about the posting of commercial links.We do not endorse in any way paying others to do something that is effectively easy to do yourself.We have quite a few on this site who are claiming back pre-6 years and a lot of info to help to do this.


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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Gosh, I'm sorry I didn't intentionally mean to break site rules. Acccept my apologies plssss?

I appreciate your comments and take them on board - its just that this one I dont want to lose as it will be big and I just dont feel confident enough with a pre-6 year claim. I have never got past LBA stage yet with any others (found them to be easy enough). Perhaps I'll just sit on this one for a while until 1 have more experience. I must say I have found the advise on this site invaluable and do not want to offend anyone.


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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Guest Battleaxe

I have started my 6 + years claim against Alliance & Leicester. Just follow the thread regarding 6 year claims. You are more than welcome to follow my thread The Smiths v A & L second bite. Just wait your time read up and you will feel confident to do this. Enough of us are out here to help you

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Thanks Battleaxe (why do I feel that I'm insulting you, lol)

I am going to sit on this one for a while until I feel more confident, and I will watch your thread with interest.

Does anyone know if there is a specific thread for claims over 6 years, including people that have won?

Thanks


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

Share this post


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Has anyone claimed for over 6 years with Nat West and won?


GE MONEY - DEBENHAMS CARD

Settled in full after prelim :)

 

MBNA

Settled after LBA

however mistake made by me on contractual interest so going after the rest now

SETTLED IN FULL JAN 2007:)

 

MINT

Offer after prelim rejected

Settled in full after LBA:)

 

to go:

Barclays Bus Ac - to mcol

Barclays CC - to mcol

Nat West (over 6 years) no action taken yet

Creation Financial - awaiting statements since Dec

Goldfish - offer after prelim rejected

and some more

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Not sure to be honest but i have a claim currently at the N1 stage, but this is just a normal claim.

 

However, my next claim will be purely a 6+ years claim, from 1990 - 2000 with contractual.. Have jus sent my SAR off..

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TINK660

i have a claim in at the moment for over 6 years .Luckily i found some letters from Nat West proving that i had complained to them in 2002. Hoping this will steer me around the limitations act. Have a look at this thread it's very interesting.

http://www.consumeractiongroup.co.uk/forum/general/60534-beyond-6-years-4.html


A person is only as big as the dream they dare to live.

 

 

Good things come to he who waits

 

 

Its your money taken unlawfully from your account and you have a legal right to claim it back.

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