Which Spreadsheet for Contractual Interest?

[gashton]

Hello everyone,

 

Whilst processing my claim against Natwest I thought it was about time to start my claim against Capital one.

 

I originally intended to start proceedings before xmas but have been ingrossed with the whole contractual interest debate and therfore decided it would be a good idea to spend some time trying to understand before going down this route.

 

Whilst exhausting a lot of time trying to grasp the contractual interest method, I still can't claim to fully understand it, and no doubt never will.

 

Whilst this is the case, can someone please advise which spreadsheet they have used to progress via this method.

 

I've obtained a spreadsheet which i believe was developed by Mandzai - but he/she seems to imply its only relevant to bank accounts (not credit cards). Theres also the spreadsheets developed by Vampiress but i get the impression these are designed to calculate simple interest only.

 

Apologies for requesting info which is no doubt already available but i want to make sure I approach this claim correctly, and I can also assure that I have read up thoroughly before requesting this info.

 

Mods please can you convert this thread to one specific to my claim so i can continue posting updates/questions.

 

Many thanks in advance for your help/patience

 

G

[ukaviator]

Hi Gashton

 

I have some links below, they will take you to the spreadsheets.

 

Uk

[richwhit1]

Hi Gashton,

 

Have you had any luck in trying to find a spreadsheet that calculates compound interest as like you I've been looking everywhere to no avail.

 

As you state, vampiresses spreadsheets just seem to calculate simple 8% interest.

 

Would really appreciate any help .

 

Thanks in advance,

 

richwhit

[doo]

You need vamps spready No: 13

[richwhit1]

Thanks ever so much Doo but my apologies for being such an ignoranus (is spelling correct!!) but where can I find vamps spreadsheets - do you have a link.

 

Thanks v.much for the reply,

 

rich

[ukaviator]

There are lots of links here:

 

Uk

[doo]

ok, have just realised that vamps chambers are being updated, go to this thread in this forum - loki187 post 47, there is a link there to spready.

[redsonja]

Folks,

Vamps spreadsheets probably look as though it is 8% because you have to change the percentage to the applicable one for your case. The 8% is just an example.

[Missy06]

I found this link while searching through the threads and think is what I need:-):

 

Compound Interest Spreadsheet

 

I also found this link but not sure if it's the same:

 

http://shweb.pwp.blueyonder.co.u k/Co...Sheet_v1.9.xls