2392 Ann v Lloyds tsb

[griffin9959]

Not to sure Ann but could it be because the interest is being applied from differing dates.

 

Small sums over a long period of time can amout to similar large sums over a short period of time.

 

8% since 2000 gives more of a return than 8% since 2004.

[2392ann]

Hi grifin9949

 

I understand what you mean but my charges are random over the past 6 year on both accounts, to me there is too much of a difference between the one interest and the other, I'ts not that I want to claim more interest, but to make sure they are both calculated correctly, making sure the LTSB now I mean business!!

Ann

[2392ann]

I am ready to send off my court claim; I've received a settlement figure of £645 paid into my account and £105 of charges refunded (or rather not going to charge me); I am going to send the template letter accepting this as part payment, in that letter it states that they can take this back from my account if they wish to. How do I calculated what my claim is going to be i.e., do I deduct the £750, but what if they take this back, or do I submit the whole claim and adust it at a later date if they don't take the money back??

Can anyone help.

Also, i've read a thread regading using the Ombudsman to reclaim charges; the bank seem to have settled out of court and within a matter of weeks, does anyone know anymore??

[BARTY]

Hi

Deduct the £750 and claim for the amount left. They won't take the money back.

Barty:)

[2392ann]

Thanks

I'll send off claims.

Ann

[potnoodle74]

Please can someone help me with what to do next....

 

I went throught the first letter asking for money back 3995 incl interest - got standard reply saying nothing constructive. so sent theatening letter back to them saying court etc.. waited 7 days and got offered back a FINAL OFFER of £690 plus waivering some charges that were goping out that month £140, saying that if I wanted to go further then I should contact the Financial ombudsman, what should I do next as I presume the reason that they are doing this is that they have a serious backlog of claims and this may take upto 6 months to get an answer from them.

 

Is anyone else in the same position, if so what course of action should I take next?

 

[BARTY]

Hi

Start the Court claim for the amount they still owe.

Barty:)

[2392ann]

I'm ready to send my court claim off, just a few questions:-

They have refunded £750, if I deduct this amount from the charges on the claim form then the spreedsheet I need to attached will not correspond with the claim, is this ok or do I need to put a note explaining that they they are different, if not what should I do?

[GuidoT]

You need to deduct the £750. Deduct the £750 from the most recent charges that way it has minimum impact on your interest (I presume you are claiming statutory interest) however show your workings so that it does not subsequently get deducted twice.

 

The schedule MUST reconcile with the claim form.

[2392ann]

Ok thanks GuidoT, That should be all my questions answered, I can't wait to get the claim sent off.

Thanks again

[2392ann]

Hi, It's been a while since I've been on this site, I stil haven't sent off claim form as I've been up to my eyes in other things but I am ready to do so now. I just have a few questions.

 

1. I have been told to deduct the £750 LTSB have refunded me from my claim, but they have subsequently written to me and advised that £750 is the maximum that they will pay out and it will be 'deducted from any award that mey be given'. Should I deduct it or not.

2. Also as I've taken a bit longer than I though to get to this point since writting my initial letter to the bank I have been charged more charges, as this is outside the 6 years do I need to claim these separately or can they be added?

Thanks

[GuidoT]

1. Deduct it. Take it off your most recent charges so that it has the least impact on your interest. Show that you have taken it off so that it does not subsequently get deducted again when the matter eventually settles as I said in my post 59.

 

2. You can add on the more recent charges right up to the point of filing your claim at court, after that it becomes more difficult.

[2392ann]

Thanks GuidoT,

Does it not matter that the most recent charges from LTSB ar outside the 6 yr period?

Thanks

[2392ann]

Sorry one more thing

where do I show the deduction of £750, on the court form or on a separate sheet, do I actually take the charges off the spreedsheet?

[GuidoT]

If your claim includes charges old than 6 years, it is likely that it will take longer to settle your claim, as Lloyds generally make full offers for all charges save those that are over 6 years old and any contractual interest.

 

I have claimed charges that are over 6 years in my Lloyds thread, see the link below:

http://www.consumeractiongroup.co.uk/forum/lloyds-bank/81799-issues-raised-llloyds-bank.html

 

Show the deduction on the schedule of charges.

[2392ann]

OK Thanks again.