GE Money 'Admin Charges'

[Payitallback]

I have checked my statements for my GE Money loan and have found 27 'administration charges' of £40 a time. This is a charge made every month when you have arrears. Can I claim these back?

 

What else can I claim, CCI presumably as the charges are still sat on the account incurring interest, a clear cut case?

[hagenuk]

Yes you may claim the admin charges. The interest is something that you will have to make up your own mind about.

 

Do not however, fall into the trap that any of this is clear cut, litigation always carries risk. Prepare well and read as much as you can, in particular if you plan to claim interest at the rate at which it may have been charged to you.

[hoogie32]

Hi

 

Just got my statements back from these and there are a few things I want to know if I can claim. Ive recently won a 4k claim against Yorkshire and my Statements didnt have some of these.

 

Can someone just put a yes or no against each one.

 

Interest

Charge Returned DD

Returned DD

Additional Interest

Rev.DD Jnl

Error Posting??

Mthly Arrs Chg

B/F Arrs Chg

D/N Fee

Charge Returned Ch

 

Many Thanks as Always.

 

Craig

[Payitallback]

I've just totted up £795 in 'Admin Fees', 'Direct Debit Recall Charges' (£20 each) and a 'Default Notice Charge' (£35) I want to charge interest on these to accurately reflect the interest I am being charged by GE Money, and their interest rate has changed (increased of course!) several times during the peiod of the loan. Can someone direct me to a spreadsheet which can accomodate this?

 

Thanks

[PaulW922]

I've just totted up £795 in 'Admin Fees', 'Direct Debit Recall Charges' (£20 each) and a 'Default Notice Charge' (£35) I want to charge interest on these to accurately reflect the interest I am being charged by GE Money, and their interest rate has changed (increased of course!) several times during the peiod of the loan. Can someone direct me to a spreadsheet which can accomodate this?

 

Thanks

 

I'm going to have a go at G E Money for those £40 admin charges. I paid by cheque one month too, and they still claimed the DD (even though I paid early and advise them I was changing banks and not to take the DD) and then charged me £20!. Needless to say I have been refused a refund. Given that G E Money are such vindictive and unpleasant people I think I might go down the F O S route though.

[PaulW922]

Hi

 

Just got my statements back from these and there are a few things I want to know if I can claim. Ive recently won a 4k claim against Yorkshire and my Statements didnt have some of these.

 

Can someone just put a yes or no against each one.

 

Interest

Charge Returned DD

Returned DD

Additional Interest

Rev.DD Jnl

Error Posting??

Mthly Arrs Chg

B/F Arrs Chg

D/N Fee

Charge Returned Ch

 

Many Thanks as Always.

 

Craig

 

Craig

 

It is hard to know what all these are but I'd say that interest is a 'no', but that most other entries are worth a try

[bach]

Hi all

Got the same problem, owe one month payment since Octobe 06

They want to add the payment into the account plus all the admincharges and say it would only cost an extra £5 per month

Hu was I born yesterday! loads of charges at £40 a time

 

Sent S A R in February and just received a letter saying returne my £10 went on to say sorry not happy with their charges basically this is what oit costs. no refernce to sending my statements etc.

So today sent another SAR letter and the £10 I think they are just trying to run rings round us till we give up.

I have three different things going on with them they are so rude and arragant a think they are al law un to them selves, but Iv had enough now so started Court procceding for PPI claim and also reported them of OFT anf trhe Financial Obnasman

 

I really can't wait to get these to Court, I actually don't care if they were to send me Prison, but I know that will never happen because there would be to much publicity.

 

Good luck to you all

 

LYNN

[PaulW922]

Hi all

Got the same problem, owe one month payment since Octobe 06

They want to add the payment into the account plus all the admincharges and say it would only cost an extra £5 per month

Hu was I born yesterday! loads of charges at £40 a time

 

Sent S A R in February and just received a letter saying returne my £10 went on to say sorry not happy with their charges basically this is what oit costs. no refernce to sending my statements etc.

So today sent another SAR letter and the £10 I think they are just trying to run rings round us till we give up.

I have three different things going on with them they are so rude and arragant a think they are al law un to them selves, but Iv had enough now so started Court procceding for PPI claim and also reported them of OFT anf trhe Financial Obnasman

 

I really can't wait to get these to Court, I actually don't care if they were to send me Prison, but I know that will never happen because there would be to much publicity.

 

Good luck to you all

 

LYNN

 

You cannot go to prison for owing someone money Lynn!

 

But isn't that typical of GE Money? Sending back your SAR fee!

[hoogie32]

Thanks Paul

 

Im clear now on what Im going to claim back, cam I just use Letter 2 in the templates library, (the same one I used for Yorkshire?) Ive looked everywhere, but cant find anything that says other wise?

 

Thanks

[gizmo111]

Thanks Paul

 

Im clear now on what Im going to claim back, cam I just use Letter 2 in the templates library, (the same one I used for Yorkshire?) Ive looked everywhere, but cant find anything that says other wise?

 

Thanks

 

 

Try this

 

http://www.consumeractiongroup.co.uk/forum/mortgage-companies/71276-prelim-letter-mortgage-charges.html

[hoogie32]

Gizmo

 

Many thanks for that, how the hell I didnt see that is beyond me, think ill use some of my YB winnings to sort my eyes.

 

So that along with the standard spreadsheet will suffice?

[monkeyface1312]

Hi Gizmo111

I have been following the threads on building up a case against these unlawful exsessive charges from companies like GE Money. Would the prelim letter mortgage charges be the correct letter to send regarding claims for early repayment charges or is there a similar letter in the libruary to use for this type of claim? Can any one else help regarding this question?

[gizmo111]

Read here re early redemption charges http://www.consumeractiongroup.co.uk/forum/mortgage-companies/62003-important-mortgage-claimants-please.html

[hoogie32]

Nothing back yet from my freinds at GE

 

[hoogie32]

got the standard letter back = blah blah

 

LBA Sent

[nursenancy]

hi hoogie,

any news from GE yet?

[hoogie32]

Yep

 

Having reviewed previous correspondance and your account history i feel i can only re iterate the comments already made. As confirmed in our previous letter, our fees are applied in order to recover costs - blah blah blah

 

I trust now we have made our position clear, however if you remain disastissfied you should note this our final response, regarding the concerns, and such you shd now refer the matter to the F.O.S

 

So is it MCOL time?

 

As this was in response to my LBA.