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compounded contractual interest query


jackster77
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hi

MBNA have agreed to pay me compounded contractual at a rate of 23.9% on all my charges

however they are only prepared to pay in untill my account was closed in 2005 but I was claiming interest untill the date of my claim may 2007

 

can any of you experts tell me if I can only claim compounded contractual interest untill the account was closed

 

have had a look round some threads but it seems that most people claiming contractual interest are people whose accounts are still open or in dispute

 

thanks in advance

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A BUMP for you.

 

The advise I have read on here from the mod's is that claiming contractual interest is dodgy ground and now not advised - if was me and I am expect I would take the money and run; as according to GaryH (mod) is that you really have to know all the complexities of the law on this one

If you think this post has been of help, please click on my SCALES on the left - thanks :-) :-x

 

Peter Anderson

Me Vs Morgan Stanley - WON £490

Me V's LTSB - Private & Bus Acc - £18.8k (since Oct1997)

inc: S.69 Interest (and growing daily) -;)

Please remember to DONATE when you have WON

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