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!
calculating interest for second letter !!!
woodymcfc
Posts: 5 Forumite
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
0
Comments
-
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 :T0 -
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 itclaimed/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/£54820
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards