We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

calculating interest for second letter !!!

i'm preparing to send my second letter on behalf of my fiance whom is claiming £2761.50 with interest of £439.85. this interest was worked out from the date of my initial letter on the 8/5/07 to which i recieved a reply from hsbc on the 17/5/07 saying they are looking into it !!!! its now been approx 8 weeks and she hasn't heard anything else.my question is should i re-calculate the schedule of charges,although small, the interest will have increased,send a schedule without interest or should i send in the original schedule that i sent with the first letter ???????????????? many thanks woody

Comments

  • GarethR
    GarethR Posts: 242 Forumite
    Part of the Furniture Combo Breaker
    woodymcfc wrote: »
    i'm preparing to send my second letter on behalf of my fiance whom is claiming £2761.50 with interest of £439.85. this interest was worked out from the date of my initial letter on the 8/5/07 to which i recieved a reply from hsbc on the 17/5/07 saying they are looking into it !!!! its now been approx 8 weeks and she hasn't heard anything else.my question is should i re-calculate the schedule of charges,although small, the interest will have increased,send a schedule without interest or should i send in the original schedule that i sent with the first letter ???????????????? many thanks woody

    For the possible few quid it will be I wouldn't bother with the hassle of working it out again, just send the original, makes more sense to me.
    Official DFW Member 587 :T
  • borgbaiter
    borgbaiter Posts: 600 Forumite
    hi

    i would re calculate interest at every letter and point out interst is acrueing at a daily rate of £xx.xx and if it gets to court recalculate it then too.

    i have a spreadsheet if you need it
    claimed/settled - Natwest £2,535/£2,535, HSBC visa £80/£80, MBNA £1,258/£1,258, capital one £282/£282, tesco visa £515/£515, HSBC visa £140/£140. HSBC £1,450 MCOL Stayed for OFT case. Chelsea Mortgage charges & cashback £5000/£672. complaints with banks pending OFT Halifax £30, A&L £35. TOTALS £11,325/£5482
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.5K Work, Benefits & Business
  • 602.8K Mortgages, Homes & Bills
  • 178K Life & Family
  • 260.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.