ME+MY GF'S MUM v HALIFAX **WON**

[craigten]

Hi there, i really should know how to do this by now, but im just about to fill in an N1 form, how do i work out the 8% interest?

Any help is appreciated...

[**Tilly**]

hi ya try this link

http://www.consumeractiongroup.co.uk/forum/bank-templates-library/182-6-interest-calculation-spreadsheets.html

[craigten]

Thanks for that!

I have already sent Halifax the first letter asking back the money they owe and the LBA and i wasn't planning on claiming back more that the 8% interest BUT now i am.....So would it harm my claim if i now suddenly filled out the N1 but claimed overdraft interst??

[moneyhelp]

If I am not mistaken, I think you have to pay something like £60 to change it... I will look for the link for you....

[craigten]

Just to remind you- I have only sent the two letters asking for the charges back, i haven't even mentioned the interest to them yet....

Thankyou!!

[**Tilly**]

yes you can claim your overdraft interest and your 8%

[craigten]

Hmmm...iv clicked on the link for the spreadsheets and got the google spreadsheet infront of me but i cant seem to enter my/any details in any of the boxes, any idea why???

Sorry for the hassle!!!

[**Tilly**]

you have to open a google account

[craigten]

I have opened an account but still cant enter my details on the s/s,it even says iv signed up!!

Any more ideas??

[**Tilly**]

try this one

VAMPIRESS'S CHAMBERS

[craigten]

Hi again, do i simply re-create Vampiress's details but on a blank spreadsheet???

[**Tilly**]

if your having problems try the martin lewis site

[**Tilly**]

heres the link hope this help

http://www.monseysavingexpert.com/

[**Tilly**]

any luck with the spreadys

[craigten]

Hey there, well kind of thankyou, it's all to do with coppying and pasting so it's taking time but im getting it slowly!!

Im still concerned about claiming overdraft interest if i haven't mentioned it in my first two letters though, Vampiress advises against it on her s's page!!!!!

[**Tilly**]

well glad your getting there takes time but the end result is good

just put your 8% better to be safe than sorry

[sea-sidelady]

Are you still having trouble with your spread sheets?

 

See where it says FILE....click on it, then click on COPY SPREAD SHEET.

 

And that will bring up a fresh page and you just fill it in..

 

"Charges as notified.......amount.......date......(interest will work it self out)

[craigten]

Hi, just a small query:

Ok, iv copied the spreadsheet and filled out all the appropriate info but i notice that the 'DAILY INTEREST RATE IN PENCE:' has changed from

0.77pence to 187.11, im sure this is automatic but can someone please just verify this for me please?

Thankyou!!!

[sea-sidelady]

Just double check it.

 

Take your total and times it by 0.00022

 

That will be your daily interest.

[craigten]

Hi, can ANYONE please help me?

Im about to fill out my N1 form and iv come to a bit which i dont fully understand and i dont want to mess it up:

 

c) The claimant claims interest under section 69 of the County Courts Act 1984 at the rate of 8% a year, from [date when the money became owed to you] to [the date you are issuing the claim] of £ [amount] and also interest at the same rate up to the date of judgment or earlier payment at a daily rate of [enter the daily rate of interest]

Ok, the date when the money became owed to you is 01/01/2001, the date you are issuing the claim is today's date of 03/06/2007 but the next bit confuses me, is it the total the spreadsheet came to of the total interest? and how do i work out the daily rate? On the particulars of claim it gives me this:[(enter daily rate here - (CHARGES+OD interest)x 0.00022 = pence per day)] but i am not claiming OD interest so how do i work out the daily rate of interest?

Please try and help a very confused but willing lad.....

[jowalshy]

Hi, can ANYONE please help me?

Im about to fill out my N1 form and iv come to a bit which i dont fully understand and i dont want to mess it up:

 

c) The claimant claims interest under section 69 of the County Courts Act 1984 at the rate of 8% a year, from [date when the money became owed to you] to [the date you are issuing the claim] of £ this is the total of 8% interest at the date of your claim and also interest at the same rate up to the date of judgment or earlier payment at a daily rate of [enter the daily rate of interest]

 

Ok, the date when the money became owed to you is 01/01/2001, the date you are issuing the claim is today's date of 03/06/2007 but the next bit confuses me, is it the total the spreadsheet came to of the total interest? and how do i work out the daily rate? On the particulars of claim it gives me this:[(enter daily rate here - (CHARGES+OD interest)x 0.00022 = pence per day)] but i am not claiming OD interest so how do i work out the daily rate of interest?

Please try and help a very confused but willing lad.....

 

Daily rate is the total amount of your charges (not including 8%interest) then multiply this by 0.00022

 

eg Total charges = £1000.00

 

therefore daily interest rate =

£1000.00 x 0.00022 = 0.22p

 

total daily interest is 22p

[craigten]

Okaly Dokaly,

 

Total charges = 6765.00

 

therefore daily interest rate =

£6765.00 x 0.00022 = 1.488p

 

total daily interest is £1.488p

 

Does this seem correct to you??

It just seems an awful lot!!

[jowalshy]

yep. that is correct.

[craigten]

Ok, many thanks!

Now i have another problem:

Iv just printed my N1 form but under the 'Particulars of claim' it has only printed up to 5c and no more! The whole page has printed ok but it hasn't printed the whole of the particulars of claim? Do you see waht i mean? There is a little slide bar on the right hand side of the particulars of claim, does that have any relevance?

[**Tilly**]

try sliding it should bring all the page up