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    • I usually clear my credit card balance by direct debit each month.  On 23rd December I bought some wine which I hopped would be added to my January statement for payment in February.  Unfortunately, I miss calculated and the wine was charged on my December statement for payment in January.  I made three payments in January which were not enough to pay the full amount.  I was left with a negative balance of £272.60.  I also made a purchase of one item which added £7.50 to the balance.  Since I had reinstated my direct debit payment in time for my February payment, the full balance was cleared on 18th February.  By my calculation, the £272.60 was in deficit for 57 days and the £7.50 for 30 days. I have been given the daily compound interest rate of 0.0407814%.  My calculation is the interest due on the £272.60 for 57 days is (1+0.000407814)57-1 or (2.3513%) multiplied by the debt = £6.41.  The same calculation for the £7.50 is (1+0.000407814)30 -1 or (1.2307%) multiplied by the debt = £0.09.  I have calculated the days by taking the purchase date from the repayment date of the 18th February 2022.  This totals £6.50, but my bank has calculated the interest at £15.64 in January and a further £2.46 in February.  I have asked how bank calculates interest but none of the employees at the bank know.  Apparently, its too complicated and no employees who deal with customers can provide the answer.  My question cannot be escalated to someone who can explain what is wrong with my calculation.  Apparently, the computer works it out and that is all that matters (to the bank). I did calculate the daily rate at 0.040435% on the basis that it is 15.9% annually.  I used the formula (1+0.00040435)365-1 to confirm an annual rate of 15.9%.  The same formula using bank’s calculation produces an annual rate of 16.04%.  My calculations may not be perfect but the bank interest calculation is nearly 2.8 times mine.   What is wrong with my calculation?
    • Hi Caggers,   Heart in mouth moment! Just got an email through for a teams meeting tomorrow for a hearing at the combined courts....   With regards to the thread of this post last year in April i did the mediation which didn't work out as expected and then all went quiet on the western front.   I moved house about 6 months ago and i updated all of my creditors but didn't think like an absolute imbecile to do the same for the court.    I haven't prepared a witness statement, nothing! If this email hadn't of come through i wouldn't of had a clue this hearing was even due to take place. I feel like a right numpty!   Is there anything at all i can do at this point?
    • I am guessing at a link to PPI as HMRC won't send my anything pertaining to the investigation in writing although I've asked for it. This matter is already supposed to have been investigated by HMRC so this is all post investigation and I've been told to cash both cheques on the phone today.   I recieved two tax calculations form HMRC both saying the tax repayment was from Savings Income, the amount on both these calculations is actually slightly different to the amounts on the corrosponding cheques, just a few pounds out. As you can no doubt tell I did not recieve a huge amount of savings income / or interest from my savings more like £2 as opposed to £2500!   The only thing it could be is PPI, if it isn't that then it must be an error. However HMRC have already investigated this and the outcome is that the money is mine? Why would they make another error like this after investigation? Are HMRC that incompetent? Was the call handler who was taking my call and put me on hold to look at my case just too lazy / busy to actually check? I feel like they are putting me in a bad position by not properly explaining the outcome of the investigation by sending a letter. Obviously I don't want to take or spend money I'm not entitled to but at the same time don't want to not get it if it is due to me.   @Ethel Street , I have not cashed either cheque yet so probably would have to request a replacement for the November Cheque now.
    • Re-reading your post I'm not clear whether you have cashed either of the cheques yet.   Normally HMRC cheques are only valid for 6 months from the date of issue (the date on the cheque). If you haven't paid them into your bank yet the one you got last November may already have gone out of date. If it isn't out of date yet pay it to your account quickly. If it has gone out of date you'll need to contact the taxes helpline to get a replacement cheque sent. 0300 200 3300
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allen V's A&L


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I have never heard of this case - if it is one that is binding - how come some courts and the merchantile cases appear to be going ahead .

 

Any helpers moderators out there who can help with this one???

 

 

If you dont get reply try posting a thread in the general section asking about this as it may be relevant to others just about to appeal against the stay.

 

Jan

Please note I am not an expert - I am not offering opinions or legal help - Please use all the information provided on the site in FAQ- step by step instructions and library- thanks Jansus:)

http://www.consumeractiongroup.co.uk/forum/images/icons/icon1.gif

offer from A&L 24/8/07 - after case stayed

 

"What makes the desert beautiful is that somewhere it hides a well." - Antione de Saint Exupery

 

 

PROUD TO BE AN ORANGE

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BUMP BUMP

 

any comments mods/ helpers on post 150 - could be important

Please note I am not an expert - I am not offering opinions or legal help - Please use all the information provided on the site in FAQ- step by step instructions and library- thanks Jansus:)

http://www.consumeractiongroup.co.uk/forum/images/icons/icon1.gif

offer from A&L 24/8/07 - after case stayed

 

"What makes the desert beautiful is that somewhere it hides a well." - Antione de Saint Exupery

 

 

PROUD TO BE AN ORANGE

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We're aware of this and looking in to it.

Robertxc v. Abbey - £3300 Settled in full

Robertxc v. Clydesdale - £750 Settled in full

Nationwide v. Robertxc - £2000 overdraft wiped out, Default removed by order of the sheriff

Robertxc v. Style Card - Default removed by order of the sheriff

Robertxc v. Abbey (1) - Data Protection Act action. £750 compensation

Robertxc v. Abbey (2) - Data Protection Act action. £2000 compensation, default removed

 

The opinions on this post are those of Robertxc and not necessarily the opinions of the group and do not constitute sound legal advice. You are advised to seek professional legal advice.

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Thanks for that - jan

Please note I am not an expert - I am not offering opinions or legal help - Please use all the information provided on the site in FAQ- step by step instructions and library- thanks Jansus:)

http://www.consumeractiongroup.co.uk/forum/images/icons/icon1.gif

offer from A&L 24/8/07 - after case stayed

 

"What makes the desert beautiful is that somewhere it hides a well." - Antione de Saint Exupery

 

 

PROUD TO BE AN ORANGE

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We're aware of this and looking in to it.

 

 

Bump

 

This has also been quoted to another claimant MartyR and the judge told him to look it up on the internet - I can not find it yet ?

 

Anybody else found the relevance of this case above others on that day?

 

Jan

Please note I am not an expert - I am not offering opinions or legal help - Please use all the information provided on the site in FAQ- step by step instructions and library- thanks Jansus:)

http://www.consumeractiongroup.co.uk/forum/images/icons/icon1.gif

offer from A&L 24/8/07 - after case stayed

 

"What makes the desert beautiful is that somewhere it hides a well." - Antione de Saint Exupery

 

 

PROUD TO BE AN ORANGE

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Just a thought...

 

I think they are quoting the Leeds Mercantile Court (High Court) Case Management Conference on 29/08/07 as the Judge granted stays on all cases where a stay had been applied for? All claimants and defendants were given the opportunity to put their cases forward and the Judge then made this decision. When the judge was asked if claimants could appeal he stated that they could but it would be highly unlikely that his desicion would be over-ruled. Because this was the High Court I suppose its set a precedence?

 

I wonder if you rang Leeds Mercantile Court (0113 3062461) they would send you a copy of the details relating to this 'carlisle & others v clydesdale bank & others' or if they could clarify the relevance to the hearing and the request for a stay to be lifted?

 

Scoobz

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Hi

 

Martyr has full deatils of the case quoted - you can contact him if you want a copy.

 

He has posted on Leeds merchantile 29th august thread - today

 

Jan

Please note I am not an expert - I am not offering opinions or legal help - Please use all the information provided on the site in FAQ- step by step instructions and library- thanks Jansus:)

http://www.consumeractiongroup.co.uk/forum/images/icons/icon1.gif

offer from A&L 24/8/07 - after case stayed

 

"What makes the desert beautiful is that somewhere it hides a well." - Antione de Saint Exupery

 

 

PROUD TO BE AN ORANGE

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  • 3 weeks later...

i am still here _ but have busy posting on other forums to try and get cases to send to the fsa to show banks are not

sticking to the pre_court ageement>

 

 

if you can think of anyone please point them in the direction of the announcement>

 

thanks

 

jan

Please note I am not an expert - I am not offering opinions or legal help - Please use all the information provided on the site in FAQ- step by step instructions and library- thanks Jansus:)

http://www.consumeractiongroup.co.uk/forum/images/icons/icon1.gif

offer from A&L 24/8/07 - after case stayed

 

"What makes the desert beautiful is that somewhere it hides a well." - Antione de Saint Exupery

 

 

PROUD TO BE AN ORANGE

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  • 1 month later...

HI all

Since having my request for lifting the stay turned down i have wrote to my MP, oft and anyone one else i i could think of but nothing! not even an acknowledgment from anyone. Has anyone had any news about this test case as in a date or if it is going to run for years?

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Hi again

 

the only success we have had at the moment is "hardship" cases getting some help from FOS.

For news and opinions on the stay - best to see the thread from CRFX250 in general - who has tried getting the stay lifted and a judicial review.

 

not worked yet but he is not giving up.

 

Jan

Please note I am not an expert - I am not offering opinions or legal help - Please use all the information provided on the site in FAQ- step by step instructions and library- thanks Jansus:)

http://www.consumeractiongroup.co.uk/forum/images/icons/icon1.gif

offer from A&L 24/8/07 - after case stayed

 

"What makes the desert beautiful is that somewhere it hides a well." - Antione de Saint Exupery

 

 

PROUD TO BE AN ORANGE

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  • 4 months later...

Hi all well not been on here for a while, between family and studying not sure where the time goes. I have been reading up on some of the threads and cannot seem to understand why some people are getting court dates when lots of others including myself are still blowing in the wind here!! Anyone know whats going on???????????????????????????????????????:(

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The main people who are going to court are hardship cases. But these are very far and few between. You are like the rest of us, and still waiting. :rolleyes:

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Any opinions are without prejudice & without liability. All I know has come from this site. If you are unsure, please seek professional advice. .

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Thank you sea-side lady, i did think it must be that but my brain is so fried at the min i needed to check with someone else so thanks. I heard that thursday is the big day in the court case, well according to that Martin Lewis anyway, lets hope it goes our way for a change cus with all this credit crunching i'm sure we could all do with a little good luck right now!!!!

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  • 1 month later...

Hi all, from what i can make out we have all got to sit tight again until the 7th july then see what happens is that right??? Because A&L are not in that collection of bank does that mean that as the case has rejected some of the banks that we should start on at them again??

My case was started back early last year and i had been waiting for a court date for ages then had the letter that they were all stayed should i try to contact the court or maybe the bank or just wait?? really not sure:(

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good point hun, ive been wondering that too, at court a&l said they would abide by the outcome so i dont know what to do either!!

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Glad to see im not the only one wondering, thanks Jen! Well You seem to know alot more about this than i do so if you dont mind i may wait and follow your lead. I ll be waiting to see what happens x

Thanks

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hiya, ive just phoned my local court and they advised that we should hear from the courts as soon as the appeals have been finalised, i did say that with my case they should not be able to appeal but apparently the final outcome wont be til after the appeals...so still none the wiser....oo the waiting is annoying lol

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