overdraft and statatory 8% Interest?

[moose73]

I have received a letter from my banks solicitors saying that I can't claim back the overdraft interest part for each claim and the 8% statatory court interest. I had used vampires spreedsheet which works out the proportion of this interest in relation to the charge.

 

They want to know the legal basis of my claim in relation to the overdraft interest.They have however offered to settle all charges, plus 8% plus costs so we are talking about £200ish.

 

I had rejected their offer last week, but they are still saying the same thing. Also they have failed to file their aq on the deadline. still don't think they have filed this (it was due on 10th march).

 

can anybody give me some advise on if I should now take the offer or are they trying it on?

[Advoc8]

How much less is their offer than your claim? I think the decision you need to take is is it worth losing that amount of money to you to get things over with?

[moose73]

its £180 ish

[Glenn UK]

there are some issue worth clarifying.

 

1st if you are claiming back interest you have paid then there is absoloutely no doubt in my mind you are entitled to claim it. They imposed unlawful charges on your account and as a result you piad or lost interest, youare entitled to what you lost back, end of.

 

2nd if its interest you arce charging them then there are arguments to be made and you may or may not get it.

 

hth

 

glenn