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Claim Interest Do I....Dont I??
Kerrymap
Posts: 32 Forumite
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.
Joined pay off as much debt as you can 2012 challenge!!!!!!!!
Barclaycard £[STRIKE]7,954[/STRIKE] £7,870
Car £[STRIKE]4,091[/STRIKE] PAID IN FULL - OMG THE CAR IS MINE :T :j :T :j
Student Loan [STRIKE]£422[/STRIKE] PAID IN FULL - UNTIL NOVEMBER :T
Computer [STRIKE]£99[/STRIKE] PAID IN FULL - OMG PC IS ALL MINE
Car Insurance [STRIKE]£450[/STRIKE] PAID IN FULL - UNTIL NEXT YEAR :T
Barclaycard £[STRIKE]7,954[/STRIKE] £7,870
Car £[STRIKE]4,091[/STRIKE] PAID IN FULL - OMG THE CAR IS MINE :T :j :T :j
Student Loan [STRIKE]£422[/STRIKE] PAID IN FULL - UNTIL NOVEMBER :T
Computer [STRIKE]£99[/STRIKE] PAID IN FULL - OMG PC IS ALL MINE
Car Insurance [STRIKE]£450[/STRIKE] PAID IN FULL - UNTIL NEXT YEAR :T
0
Comments
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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 claim0
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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.0
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