Reclaimed Bank Charges SUCCESS stories

Edinburghlass_2

lozzyfluff wrote:

Online banking with Lloyds is great as you can search your statements as far back as 2002 and by transaction type. In under 20 minutes I could see that in 5 years, I had been charged a staggering £2800 including interest!

You can't claim for interest for going overdrawn

My question is this : I understand the priciple and wisdom of opening a parachute account, and Nationwide have already approved a current account, following a small dispute with Lloyds late last year. I don't have an overdraft, but I do have a re-financed loan with approx £7000 still outstanding with Lloyds.

Your loan is a different agreement and provided the payments are kept up to date it shouldn't be affected.

If I try to claim back my charges, and they close my bank account, are they likely to foreclose the loan as well? This I cannot afford!

Any advice gratefully received!

Thanks
LF.

Lloyds don't seem to be closing accounts.

Edinburghlass_2

NicolaLouise wrote:

Or are all bank interest charges legal and therefore exempt from this claiming process??

thanks for any help.
Nic

All bank charges are legal its just the amount of the penalty charges are deemed unlawful. You can't claim for interest on your overdraft.

janei

Hi, just a quick question, I have asked this before, but getting a bit worried now. I am on the mcol stage of my claim, I filed on the 18th Feb, but still not heard anything from them or the bank. Do I have to contact mcol or nat west. I also lost my handbag last week (not a good 2007 up to now), with my log in id etc to enter the mcol site, now I cant even get into that. Can anyone give me some advice please?
Jane

tiff

Give MCOL a ring, the number is on their website. They should be able to help you with your user id.

trace_2

Bank Natwest
Sent off all my letters took 2 months bank has paid £3291 asked for £3500 think i will settle on that. eveyone keep going its worth it !!:beer: :T

drewster_uk

Bank: Halifax

Amount Claimed: £3,672 charges, £854 interest, £120 Court Fee
Amount Settled: £4,500

The story: Sent off both letters with the correct timescales and received no response so filed MCOL on 1st Feb and received letter today offering £4,500, which I'm going to accept on Monday (all shut today)

Thanks
Drew

chomps13

Taffyfella wrote:

Chajun, are you finding this difficult to comprehend? Why are you on this web site in the first place??? Surely your here to save money due to endless goverment costs and general cost of living. When banks screw you over as the cost of sending a letter is not proportionate to the actual cost, it makes you realise we all have a case. If you feel that strongly about it, don't claim...
I'm assuming you have charges otherwise you would not be on here.

Taff

Here Here!!! :T :T :T :T :T

I get annoyed when I don't have much time and then I read really unhelpful messages like that! Chajun, do you work for a bank, peut etre?!

chomps13

Hi Edinburghlass

I know you're busy and well done for answering queries 24/7! Could I just ask a quick question? How do I go to the Lloyds thread/forum?

Chantal (chomps13)

Edinburghlass_2

http://forums.moneysavingexpert.com/showthread.html?t=303917&page=19

Main Banks thread found here

NicolaLouise_2

is it only charges i can try to claim back? ie. it must say 'charges' in the statement details column.
because there seems to be a big interest fee applied everytime i get a 'charge' on my statement. and the interest is sometimes 22%!!! which means a fee of between £10-70 interest. is this legal? can i also try to claim these? or not?