Baslow138 v Cap One **Won**

[baslow138]

Not to our knowledge. They seem to pay out the purchase rate of interest. Not full CCI, but we can't complain at that.

 

So purchase rate of interest would be say 28% applied to each charge seperately and not compounded?

 

Can you claim 8% in addition as compenstaory interest?

 

Thanks

 

Baslow

[ukaviator]

You can't claim the 8% if you're claiming CCI. I have seen the purchase rate that high on other claims.

[baslow138]

I rang them up and asked them apr they were charging me and it was 28.5%.

 

Im still confused can I compound this or do I need to add 28.5% to each charge seperately? sorry for being particularly dim today!

 

Bas

[ukaviator]

You add this to each charge on the spreadsheet. The correct spreadsheet would work all of this out for you.

 

We add interest to each and every penalty charge, AND each and every bit of interest that was charged on that charge. We add it at the current rate, NOT at any older rate. You are charging them NOW, at the rate they are currently applying.

[baslow138]

Thanks ukaviator

 

would it be possible to pm you my spreadsheet to see if its ok? It was sent to me by a cag member and is not a big document

 

Thanks

 

Baslow

[ukaviator]

Yes that's ok.

[baslow138]

Hi

 

Thanks but unable to attached anything when I try to pm you,Is there an alternatve method of emailing it to you?

 

Cheers

 

Baslow

[baslow138]

Just putting finishing touches to POC but finally started to fill in N1 and no where is the info on what to put in the box " brief details of claim"

Does this need to be legal speak or can I just say "claiming back charges and contractual componded interest on a credit card account"

 

Thanks

 

Baslow

[baslow138]

Having a 'mare currently with my schedule one. Ive 'mislaid' my Cap 1 statements and Im trying to fill in the charge reason section on my spreadsheet.Mine currently has late payment on all charges but I think Im wrong. Does any know when you get two charges in a month which comes first over limit charge or late payment charge?

 

Thanks bas

[mkandy]

It varies tbh, mine jumped between overlimit and late.

 

 

Bit of advice though, keep everything you have in a big folder.

[baslow138]

I know Im terrible a paperwork managing! Will Cap one jump on any mistakes I make in entering type of charge?

[mkandy]

They won't 'jump' on it as such, but they will make ammendments to it where necessary. It may be best applying for SAR again so you're not on the back foot.

[baslow138]

Well six months later finally plucked up the courage and found £85 to file my case against Cap 1.Went in on Tuesday so clocks ticking.

[havinastella]

well done baslow,

 

Have you sent your Court number to one of the mods?

 

JOgs

[baslow138]

Hi Not yet as it hasnt arrived yet.Do I do this by pm?

 

Cheers

[baslow138]

A delay in my papers being filed as I made a couple of errors which meant my papers and a cheque for £85 was returned.Slowed me down as I didnt have a bank account to put the cheque in so the court have had to recall the cheque which takes a week or so. Hopefully papers should be served by end of the week.

[ukaviator]

Ok, keep us updated on your progress.

[baslow138]

How quickly should the court send you the copy of your papers? Mines been with them for 8 days now and seen or heard nothing

[havinastella]

How quickly should the court send you the copy of your papers? Mines been with them for 8 days now and seen or heard nothing

 

 

Hi Bas,

 

Normally only a few days. Ring the court to make sure they were served.

 

Jogs

[baslow138]

Papers arrived today and deemed as served today.

[StokiePotter]

They must be getting fairly busy at Cap 1, mine were served on the 3rd August and they have until the 18th to respond....

 

I dont know why but I feel a bit "excited" is that normal

[baslow138]

Well I recieved an acknowledgement of sevice on 14 August 2008. The defendant responded to the claim indicating an intention to defend all of the claim

 

I presume this is the normal response form Cap One but still wondering if Ive not got to actually turn up in court.

[baslow138]

Can anyone tell me how long after they say they intend do defend does any possible offer letter arrive?

[StokiePotter]

My "Defending The Claim" letter arrived on the 9th August and Im still awaiting the next stage...

 

From looking at other posts its usually anytime between 5 "working" days and 27 "working" days

[baslow138]

A quick note to say Ive won! Cheque not arrived yet but offer made.I made a few mistakes in my poc which I only spotted retrospectively but could ahve delayed my case or had it thrown out.Must be busy in Nottm because they never even looked I dont think

Thasnks to all and donation on way soon