old charges

rick-g

hi all i was wondering if anyone has any advice for me.i took out a loan with my bank and was paying it off faithfully until september 2004 when i had a bad accident which resulted in me being on medication for a year i sent the bank two claims fro insurance which they said that they had lost.anyway from owing them £800 the total as of 2006 was £2725 which was given to a debt company i am paying it off monthly but i was wondering if i have a case against them.

LozBingley

rick-g wrote: »

hi all i was wondering if anyone has any advice for me.i took out a loan with my bank and was paying it off faithfully until september 2004 when i had a bad accident which resulted in me being on medication for a year i sent the bank two claims fro insurance which they said that they had lost.anyway from owing them £800 the total as of 2006 was £2725 which was given to a debt company i am paying it off monthly but i was wondering if i have a case against them.

If the increased balance is due to Late Payment fees etc. you can claim these back but you'd not get much chance at getting interest charges back unless you can directly attribute them to the charges (I can help with calculating these if you want to maximise your claim ). The claim is against the bank but they may inform the collection agency that they have paid you out and that company may want some of the money off you. Technically they can't do that but it may be worth paying them off to get them off your back.