What charges you can claim

BatFink_3

Hiya all,

I need your help please, I was wondering if I could claim back for late payment charges on my credit card? Has anyone done this and were they successful please?

Thank you so much

BatFink

Stephen_Leak

BatFink wrote: »

Hiya all,

I need your help please, I was wondering if I could claim back for late payment charges on my credit card? Has anyone done this and were they successful please?

Thank you so much

BatFink

In a word, yes. I am currently at the preliminary court claim stage with MINT. You can use the standard letters, with a little bit of customisation.

The only real difference is that, due to the Office of Fair Trading's ruling about these charges and their reduction to £12 (still too high and unlawful) last year, the credit card companies always try to use this to justify their position.

Sherratthead

Hiya

I used to have my wages paid into my account with Lloyds TSB but I closed it two years ago.

They used to charge me £10.00 every month if I was in the red, which I normally was. (NOW I'm always in the black since I found this website).

Can I claim these charges back...?

I'm confused because in Martin's 'blurb' about reclaiming bank charges, he's talking all about "...fees of £30 - £35 a time...", and "...they send a computer-generated letter..."

1 - I was never sent a letter - it was just an automatic charge each month, and

2 - It was always £10.00, never any more...

Do these come under the umbrella of the "BANK CHARGES" that everyone is talking about...?

bb23

does anyone know if you can claim back the interest on a Managed Loan, the same way you claim back bank charges?

i have paid £90 a month in interest on a managed loan with HSBC over the last 3 years. i dread to think what that adds up to - i know managed loans suck your lifeblood but im wondering if theres a way to stop it

AlexisV

Yep, these are charges you can claim back. Any charge is claimable because in reality they cost the banks pence, not the £12 or £30 they charge you - which is unlawful.

TheOne

As long as its not an account charge for a gold or platinum account or whatever, but yeah if its a charge for going over your agreed overdraft limit, whether that be £0 or £1000 or whatever then yes you can claim that back.

What you can and can't claim: http://forums.moneysavingexpert.com/showpost.html?p=3641436&postcount=4

If it's an overdraft excess fee it will say - CHG
If it's an account charge it will say - FEE

exel1966

Sherratthead wrote: »

Hiya

I used to have my wages paid into my account with Lloyds TSB but I closed it two years ago.

They used to charge me £10.00 every month if I was in the red, which I normally was. (NOW I'm always in the black since I found this website).

Can I claim these charges back...?

I'm confused because in Martin's 'blurb' about reclaiming bank charges, he's talking all about "...fees of £30 - £35 a time...", and "...they send a computer-generated letter..."

1 - I was never sent a letter - it was just an automatic charge each month, and

2 - It was always £10.00, never any more...

Do these come under the umbrella of the "BANK CHARGES" that everyone is talking about...?

Based upon the limited info you have provided on your account I'd say you've got NO chance of reclaiming as the £10 FEE (not charge/penalty) was for services provided to you. If you chose not to use them, then that's your fault and not the banks.
Perhaps you shoud have just requested a basic non-fee paying account or better still queried it with the bank at the time rather than leaving it over two years !!

darkflo

hi all im new here and just waiting for my statements to come from the halifax, which i sent a letter 19 march i have so far only recieved 3 yrs . anyway they say there on the way... but my question is can i claim back £1.50 they charged me everytime i used my card abroad to get money out cash machines... be gratefull for an answer asap... many thanks darkflo...xx:o

redhotscorpio

CAN BE CLAIMED

Account misuse fee
Cheque return fee
Card misuse fee
Unarranged borrowing fee
Unauthorised overdraft fee
Unpaid DD fee
Unpaid cheque fee
Unpaid standing order fee
Late payment fee (credit cards, store cards, catalogues etc)
Exceeding Authorised Overdraft Limit
Exceeding Unauthorised Overdraft Limit
Direct Debit/Standing Order/Cheque returned fee
Irregular fee

CANNOT BE CLAIMED

Cash Machine Withdrawl Fees
Account Service Charges
Service Fee / Annual Fee
Charges related to foreign currency transactions and conversions.
Monthly account fees on certain type of accounts.

Mick1976

Hi im just looking at my statements at the moment and i am stuck on whether or not i can claim Debit Interest. Also another one is Interest Charged Could someone please advise me on these 2 cheers.