Compound interest - Retalliation by Barclaycard

[badgolfer]

Hi all,

 

I posted recently about my PPI claim being successful over Barclaycard/Egg.

 

Unfortunately and what is without doubt a retaliatory action,

I have just had it confirmed that my Barclaycard (BC) has been permanently suspended.

 

They have simply stated its because of my other account previously held with EGG.

 

I have never missed a payment with BC and pay back more than the min payment each month. The Egg account has been settled in full.

 

I regret settling on simple interest only but I was struggling at the time.

 

I have now decided to claim for compound interest.

 

A couple of years ago i found a compound interest exel sheet that you just put the amount in

and the number of days and interest rate and it calculated the compound interest automatically.

 

Can any one tell me where this might be, i can't find it anywhere.

 

I am so angry,

they expected me to settle on simple interest on the money [edit] taken from me

and now they are expecting me to pay their APR on the balance of my account. T

 

They were 21 Days late with my SAR request,

I accepted their offer as long as they paid within 21 days and it took 35.

 

BC increased my credit limit by £2k 6 months before my claim,

 

i didn't request an increase they just gave me it,

they weren't worried then were they?

 

I'm going for it despite being the underdog.

 

I know it was a bit foolish to accept simple interest only, but when you are struggling to feed the kids at the end of the month it was an easy route to take for a swift solution

 

if your still awake after this rather long waffle, i would be grateful for your help

Edited October 29, 2012 by BRIGADIER2JCS
Edited stolen.

[BRIGADIER2JCS]

I cannot see that a settled account with EGG should affect this BC account, if there were no problems with it, perhaps a formal complaint to Barclay Cards CEO would have some effect and provide an explanation for their actions.

 

I you would like a letter drafted to suit your situation please let me know and I will sort it for you.

[badgolfer]

Thanks Brigadier, i'll let you know if i need help with a letter. I would be very grateful though if you could point me in the right direction of a simple compound interest calculation table`

[BRIGADIER2JCS]

Thanks Brigadier, i'll let you know if i need help with a letter. I would be very grateful though if you could point me in the right direction of a simple compound interest calculation table`

Have alerted the team to get a table for you.

[dx100uk]

http://www.consumeractiongroup.co.uk/forum/showthread.php?330996-Latest-Spreadsheets-PPI-Claims-and-Charges-Claims-Dec-2011

 

dx

[BRIGADIER2JCS]

http://www.consumeractiongroup.co.uk/forum/showthread.php?330996-Latest-Spreadsheets-PPI-Claims-and-Charges-Claims-Dec-2011

 

dx

 

Thank you dx!!!

[badgolfer]

Yes, thanks guys