Why is my long-settled loan in credit for £75?

madcowoom

Apologies if this has come up before...couldn't find a relevant thread with any of my word searches.
I looked at my Credit Expert file yesterday and I noticed that a Barclays Masterloan I settled in full in 2004 has a balance of £75CR next to it. I requested a settlement figure for this loan and paid it in full in October 2004. How is it possible that it is now in credit, despite saying "Settled" on my file, and why have they not contacted me to inform me, or simply reimbursed me? If it is indeed my money (perhaps because they miscalculated the settlement figure?) can I ask them to pay me interest equivalent to the interest they charged me on the loan?

madcowoom

Still hoping for someone's experience of anything similar to this, hence I'm moving it to the top again! I don't think I have the paperwork or even the a/c number for this loan, because it was three years ago I settled it. I have drafted a letter to the address given for it on my Credit Expert file but am really hoping someone can confirm this "credit" is likely to be my money, before I potentially make a pillock of myself. Is this some little-known but common admin-type thing that happens and is there a chance it's not my money? I'm winding myself up thinking that they have had £75 which is mine for three years. I have recently parted company with Barclaycard because they treated me very badly and took liberties with my account, so this has just fuelled the fire!

MRSTITTLEMOUSE

I repaid two barclayloans midway,with the settlement figures given.Two months later my bank account was credited with two different sums which turned out to be from barclayloan.Apparantly the interest calculated was upto a certain date and since I had paid the loans off earlier than the cut off date for the calculation,the difference was refunded.Perhaps this has happened to you,get in touch with them and find out.