rightfullymine v Nationwide

[Michael Browne]

40 calendar days

[Michael Browne]

6. Interest calculation spreadsheets

[Michael Browne]

Use the Simple S/S here:

 

http://www.consumeractiongroup.co.uk/forum/bank-templates-library/182-interest-calculation-spreadsheets.html

 

See here for a visual guide:

http://www.consumeractiongroup.co.uk/forum/barclays-bcard-woolwich-successes/7226-maisielou-barclays.html#post50088

 

Overwrite the existing examples type of charge, amount and date.

 

The days since and 8% will be calculated automatically

 

Save it (for use later at court), then delete/hide the last 2 columns (8% bits) and print out as your schedule of charges.

[Michael Browne]

This is a description of the type of penalty charge such as:

Paid Referral Fees

Card Misuse Charge

Default Fee

Unarranged Borrowing Fee/ Excess Borrowing

Unpaid Direct Debit/ Standing Order/ Cheque

 

Different banks have different terms, just enter however it's described on your statements

[Michael Browne]

my uncertainty is i also have been charged 101.03 for unauthorised overdraft fees.

Is this figure for unauthorised overdraft fees or is it overdraft interest.

 

You can claim unauthorised overdraft fees, but these are normally round figures.

 

You can claim overdraft interest, but only that which relates to interest charged on your penalties, but it's tricky to separate out from the general overdraft interest figure.

 

Vampiress has a spreadsheet, (the advanced one), in the bank templates library, which attempts to calculate this

 

It's quite complex and unless your claim is large may not amount to that much, so for simplicity's sake, some people don't bother

[Michael Browne]

No, they've installed new hamster wheels.