jubaxt v cap 1-advice please ** WON **

[jubaxt]

hi-i sent sar to cap 1 recorded delivery on 39th april-(received by cap 1 on may 2nd)-would you believe-on may 5th I received a letter dated st may(conveniently?) that the debt has been sold to capquest!

 

what should i do now?

[jubaxt]

bump

[ukaviator]

hi-i sent S.A.R - (Subject Access Request) to cap 1 recorded delivery on 39th april-(received by cap 1 on may 2nd)-would you believe-on may 5th I received a letter dated st may(conveniently?) that the debt has been sold to capquest!

 

what should i do now?

 

39th April? . .are you sure?

 

I would inform Capquest that the debt should be passed back to Capital One, as the account is in dispute. Only when the dispute has been settled can Capquest take over the account.

 

Uk

[jubaxt]

thanks for the advice-just phoned capquest-but before i received your advice-they are putting a 14day hold on the account-wish goldfish claim was a s straight forward as this-stumbled at starting blocks

[ukaviator]

Ok. . 14 days is no good. They have to return it back to Capital One until the dispute has been settled. In 14 days the phone calls and the hassle starts again. Capital One won't pay out until you have filed your court claim, which could be 6 weeks away maybe more.

 

Uk

[jubaxt]

thanks for that advice which i will follow-any chance you can advise me on goldfish problem-pleeeeeeeeeeeeeese-ju

[barracad]

any chance you can advise me on goldfish problem-pleeeeeeeeeeeeeese-ju

 

What is the problem? Have you asked your vet? Here's a goldfish tip - when you need to clean the tank, don't use Fairy Liquid - the goldfish don't like it.

[jubaxt]

ah ah -got a thread which i'm desperate for help with.lol

[jubaxt]

just wondered-what charges can i claim for from cap 1-on my statements i have-overlimit fee, late payment fee, returned cheque fee, direct debit returned fee, -thanks-ju

[c_allen]

all the above

[ukaviator]

just wondered-what charges can i claim for from cap 1-on my statements i have-overlimit fee, late payment fee, returned cheque fee, direct debit returned fee, -thanks-ju

 

 

Yes, all of those. But not your annual fee..

 

Uk

[jubaxt]

aaah-scared-totalled my cap i charges to £1100-with standard 8% if it goes to court i can claim £1300

if using contractual interest at 34.9%-takes it to £2200

if using cci-takes it to a whopping £3000!!!!!!!!!!

have i got the courage?-i think not!!!!!

if i go for cci-is crap i far more likely to take it to court-please help-just waiting for confirmation of interest rates applied to my account which closed dec 2005 or should i just go for their advertised classic rate of 34.9%

[Guest amethystdragon]

Personally I would go for the current advertised classic rate - but I haven't dealt with Capital One before so I don't really know the best option - what do you mean by cci?

[jubaxt]

contractual compound interest-see search for info

[jubaxt]

say you had £10 month one-and added 10% interest -it would bring it to £11-if you use compounded interest you would add 10% to the £11 the second month so you pay interest on interest-make sense?

[jubaxt]

decided i'm prob going to include cci-do i include the rate and amount in my prelim or just a schedule of charges

[ukaviator]

If your going for Contractual interest then ask for this from the start.

[jubaxt]

done-it-sent prelim for £1100 +£1900 incci-I spoke with crap 1 and capquest again today -no-one could give me an apr used on my account so gone with 34.9%as everyone else has used this one-aaaaaaagh-14 days nd counting til lba

[jaxads]

Good luck --- I've sent off my lba to Cap 1 and am awaiting to hear back from them. My charges only started about 2 years ago, so I've not bothered with the CCI. Best wishes.

[woodentop]

Good luck Jub - still in process of working mine out - been playing with spreadsheets all weekend - managed to sort out extra line problem - daughter saved it to excel for me so its working fine now - had major computer problems today - been glued to a telephone to Mumbai trying to sort out my printer - shattered now so will get my head round this lot tomorrow.

 

Woody xxx

[jubaxt]

hi-update

 

got a letter this am following their receipt of my pre-lim-to notify me that my account is with the complaints department-4 week response rubbish -blah-de-blah.

 

spoke with crap one this am-i used 34.9% for interest on my charges spreadsheet but it has come to light (finally) that i was charged 29.9%-31.9%-should i amend this in my lba or carry on with 34.9% being as they never sent statements showing the rate despite my requesting them twice

[Trish76]

Think it would probably be a good idea to ammend these details as you wouldn't want to give them any reason whatsoever to throw your case out.

What would happen if you were asked to prove this was the rate you were charged.......you'd have nothing to back it up.

 

At least due to the fact that you are at the pre court stage means it wont cost you anything for making this ammendment.

 

I think it's always best to get things right from the start, OK it's not quite the start for you but at least you've spotted it early enough to avoid complications within your claim further down the line.

[jubaxt]

thanks-my thoughts exactly-long spreadsheet to have to redo but would rather get it right

[jubaxt]

sent lba on 11th june-got offer of £454 today-bog off-claiming £1100 + cci=£2700

[jubaxt]

sent sod off rejection letter back by special delivery yesterday-told them i will be filing on 28th june.