help please

diane118

hi at the moment i am adding up my bank charge that lloyds and halifax sent me i am going to add interest to them before i send the letters i printed off from this site to claim my charges back as my husband has no work and we are in bad debt in the calculator on this site i put in the total amount of what they came which was £3,007 the interest came to 1,770 from 2001 have i done it right as it sounds alot of interest. thanks Diane

diane118

hi i have recieved my bank charges back from my bank and they start from sept 2001 what year can i claim them back from?
Also what charges can i claim back out of these please.

CHG O/DRAFT INTEREST

FEE ACCOUNT CHARGE

CHG O/DRAFT USAGE FEE

CHG O/DRAFT EXCESS FEE

CHG UNPAID D/D

CHG UNPLANNED O/D FES

thanks

Orford

CHG O/DRAFT INTEREST
If part of your overdraft is made up of penalty charges, they will be charging interest on these as well as legitimate overdraft interest. In theory you can claim this too, but in practice it's tricky to separate the two, so most people don't bother

FEE ACCOUNT CHARGE
No, this is a service

CHG O/DRAFT USAGE FEE
Yes
CHG O/DRAFT EXCESS FEE
Yes
CHG UNPAID D/D
Yes
CHG UNPLANNED O/D FES
Yes

diane118

hi thanks for you reply can i claim from sept 2001 or if not when do i start fro please also how do i work out the interest on the charges do i put each charge in separately on the calculator with the year it was taken and add it up at the end thanks Diane

Orford

also how do i work out the interest on the charges do i put each charge in separately on the calculator

Yes, because the 8% interest is worked out from the date of each separate charge

http://www.moneysavingexpert.com/reclaim/bank-charges#step3

You cannot save the sheet, so take note of this:

When you click ‘print’, a new window will pop up with a schedule of your charges. To save the list and avoid typing it in again, highlight the text in the window, then copy (Ctrl + C) it and paste into Word.

milly88

diane118 wrote: »

hi at the moment i am adding up my bank charge that lloyds and halifax sent me i am going to add interest to them before i send the letters i printed off from this site to claim my charges back as my husband has no work and we are in bad debt in the calculator on this site i put in the total amount of what they came which was £3,007 the interest came to 1,770 from 2001 have i done it right as it sounds alot of interest. thanks Diane

As long as you put in the correct dates and figues into the calculator on this site it should be correct. I have always used a spreadsheet, but that one looked fine to me. Was you able to print yourself a couple of copies. If you are claiming from 2001 you will have to deal with the limitations act. I have a current claim with Halifax for 18 years - which has now been stayed by the courts. But Halifax did agree the one charge that fell within the 6 year period.

When you send your letter with spreadie also send an Income and Expenditure schedule with evidences of your hardship and reasons. This will speed things along. Also, the FSA waiver is due to expire on 26/1/09, so you will need to get your skates on.

It does sound like you are in Financial Hardship and you may come under the FSA waiver rules.

If you need any further help just shout!

natweststaffmember

I am about 100% certain the waiver will be renewed for a further 6 months, and it may not vary much from what the current wording is at the moment. The current appeal is on the historic terms and conditions, and there will be appeals for the current terms and conditions judgements.
see current FSA money made clear website interpretation
http://www.moneymadeclear.fsa.gov.uk/news/product/unauthorised_overdraft_charges_test_case.html

diane118

hi What do i do now please i recieved a letter from the Halifax offering £70and the last months charges of £30 making £100 for unarranged overdraft fees when the amount was £1032 which i am not excepting thanks Diane

willo65

then you decline it???

diane118

hi thanks do i write to them and tell them i dont want there offer

diane118

hi i was going to send letters off to my credit cards for information on my last 6 years charges, when i get them back can i asked for them to refund me them due to financial difficulties as my husband as no work or will i have to wait. thanks Diane