money claim online help

[lyndseyr]

I wonder if anyone can help me,

 

im about to do a moneyclaim for barclays bank as still havent heard from them! th charges amount over 6 years is £2343.03 but i havent a clue about the intrest part!! apparently i need to add 8% each year and then the daily rate??? does anyone know what this will be or how to work it out??

 

im stuck!!!!!!

[Advoc8]

There are some interest calculation spreadsheets here: http://www.consumeractiongroup.co.uk/forum/bank-templates-library/182-6-interest-calculation-spreadsheets.html

 

You want the simple versions for 8% statutory interest I think.

[lyndseyr]

im just puzzled how to add the 8% to my total , not sure how to do it on the form, i have completed everything on the simple version but not sure of the total.

[Advoc8]

Have you entered your charges into the spreadsheet? It gives you a total amount of interest accrued to date (you'll see the individual amounts for each charge in the right hand column).

 

The amount per day is 0.00022 x total of your charges - so if your charges totalled £1000 the interest per day would be £0.22 per day.

 

There should be places to slot these figures into near the bottom of the moneyclaim template.

 

Has this helped at all?

[indalo]

I was the same I didn't have a clue. I used a company called. They got me £2,709 from HSBC:lol: . I couldn't believe it. Good luck with your case.

 

Cerys

[Advoc8]

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