Hsbc Parcial Settlement - What To Dooo ?

MissX

Hi everyne i need some help....

I wrote to HSBC a few weeks ago asking for my charges (£648 inc interest) and I received a letter back today saying that their willing to offer me £477 which will not include interest. They wrote me a four page letter with lots of legal mumbo jumbo saying that basically a fee is payable if i do go over my o/d as set in the banking t&c's, they are mindful of the irrecoverable legal costs incurred with such a claim.

They say '' For commercial reasons alone, without accepting any liability what so ever, we are prepared to make a payment ... ''

'' We are not prepared to pay interest as we do not accept this as approprate''

I know its only a case of £150 or so, but what should I do? My mum said its just a starting point for negotiation and i could get more if i fight, but what do u think, and how long and how much will it take to get to court? I dont even know if i would win in court coz im not the most responsible banker!

Thanks 4 your time ..

Miss XXX

Edinburghlass_2

If the £477 is your claim without interest you must accept this as the interest is only awarded by the courts, you cannot refuse this and then start court action.

MissX

ok i'll think i'll just take it, its better than nothing, cheers x