Claim Interest Do I....Dont I??

Kerrymap

I have just worked out the money I want to claim for and without the interest its £4,482 with the interest £5,757 what should I ask for in my first letter. The decision is hard especially being aware that £5000 is the limit if it goes as far as the small claims court.

Bluebirds1975

If you are happy with receiving your charges then claim that amount. It is like Martin said its about the amount your are happy with and under £5k should be easier to claim

nickmack

Kerrymap wrote: »

I have just worked out the money I want to claim for and without the interest its £4,482 with the interest £5,757 what should I ask for in my first letter. The decision is hard especially being aware that £5000 is the limit if it goes as far as the small claims court.

You are not entitled to interest until the court stage, Martin says to use it as a bargaining tool. The usual limit for Small Claims is £5000 before interest. If the bank offer you the full amount without interest before you file a court claim, you must accept this and cannot hold out for more in court.