We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Next Retail refund for overcharged interest
Options

hancoxrg
Posts: 24 Forumite


A few days ago and out of the blue I received a letter and a cheque for £2.72. In typical Next fashion it said that they had overcharged me interest and had calculated what they owed me plus 8% as goodwill.
Now that wasn't goodwill they had taken money that wasn't theirs and have a statutory requirement to refund it. The letter didn't say the period to and from nor the calculation.
Now if I had paid late they would have charged me £7.50 for the privilege and banged on the interest.
So I have made contact to request the to and form dates, the calculation.
Next Step I am going to claim compensation for mal-administration of account, charge them for overcharging me and i want the interest they would have charged me plus 8%.
Lets see what happens....
Now that wasn't goodwill they had taken money that wasn't theirs and have a statutory requirement to refund it. The letter didn't say the period to and from nor the calculation.
Now if I had paid late they would have charged me £7.50 for the privilege and banged on the interest.
So I have made contact to request the to and form dates, the calculation.
Next Step I am going to claim compensation for mal-administration of account, charge them for overcharging me and i want the interest they would have charged me plus 8%.
Lets see what happens....
0
Comments
-
You are joking, right ?make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Compensation culture gone mad.0
-
No... its called do as they would do0
-
But their charges are clearly defined when you take out the contract, do you have a link to yours?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards