just had a refund

daz_c

hi all just had a refund from MBNA for £3478 , downside a claims company done it for me so they have 25% still getting £2436 thATS sorted me overdraft with cash to spare :j
got 4 more claims on the go which iam doing myself thanks to this site so fingers crossed

marshallka

Well done. Just a shame about the 25% but if you are happy then that is good. Glad you are having a go with the others yourself now.

xcakex

daz_c wrote: »

hi all just had a refund from MBNA for £3478 , downside a claims company done it for me so they have 25% still getting £2436 thATS sorted me overdraft with cash to spare :j
got 4 more claims on the go which iam doing myself thanks to this site so fingers crossed

Well done great to hear MBNA getting there act together I have two cc pending with them gonna call on mon if not heard re one of them as got a letter saying decision in 21days that was about 28 days ago fingers crossed will keep u all posted

Was yours from a loan or cc I don't know how they work out what your owed so not sure what figure I would be expecting

amersall

Congrats :j:jWell done.:money:

di3004

Well done Daz.:beer:

rippedoffatxmas

Well done! Most claims companies charge VAT on top of the 25% so please check before spending your money, like me you might lose 45% of the refund. Intend to do it myself for my next claim.

src007

rippedoffatxmas wrote: »

Well done! Most claims companies charge VAT on top of the 25% so please check before spending your money, like me you might lose 45% of the refund. Intend to do it myself for my next claim.

The VAT only applies to the claims company fee, not the entire refund.

25% + VAT = 30% in total. 20% + VAT = 24% in total.

The VAT goes to from the bank or lender, to the goverment. At a time when libraries are closing down, I'm sure Mr Cameron will be greatful! The figures quoted by daz c include VAT.

rippedoffatxmas

Thanks SRC007, I was not aware of that. Sounds much better than losing almost half of the refund.