Hi Country Girl, Congratulations on your daughters graduation. I think you already have some great advice here by just ignoring the letters as they have no legal standing. However, if MBNA still continue to bother you then you can always raise a complaint on the grounds that they are failing to trea...

Hi Richy,

Congratulations on working towards what can only be described as a fair and equitable result for all your creditors. Hope you get the £500 share first indicated and perhaps more if it was originaly based on 25% return to yourself??

All the best.

Andy

Hi Martin, Some interesting points you make there. Santander are still behind the big players in banking terms and when categorised by total assets, they are the 15th largest bank. This is still significantly behind the biggest asset holding bank, Royal Bank of Scotland, which at $3,500,950,000.00 (...

Parking sensors - the best thing ever invented for the driver! We normaly refer to these as lady park's Apologies for the uncouth comments. In reality I would struggle without the driving capabilities of my better half... We tend to share the load and I will dive there and she will drive back {:)]

Hi Paul,

Sorry I can see the point you were making.

Unfortunately been very busy with work and getting less time to spend on here. Hopfully there will be light at the end of the tunnel soon [:)]

Hope everything is well with you?

Cheers

Andy

Paul, You have to take in to account that £90 is returned back to the bank in your example. This means they have lent £171 against deposits of £190. It doesn't matter how many time the cycle is repeated as the lending is still based on deposits. However where this gets off the rails is when the bank...

No luck with your car! One of my friends had the same issue with his Renault. The oil leaks in to the Turbo and is heated enough to fuel the car. It's enough to power the car in to a potential crash. One thing to consider before giving up on it is to get a diesel compression test. This should confir...

Andy, completely irresponsible but...

...If only they could borrow a further amount from the other creditors to bring Lloyds share!

Don't suppose the other creditors have any extra charges to add...? [:)]

That's good to hear that your IP will be getting them to handle the mis-selling appropriately. Hi Michael, thanks for clarifying the figures. But I think you are wrong in respect to Lloyds not benefiting from their proposed way of dealing with this. Even the figures you have provided would of shown ...

Hi Jan, I prefer to think of it as friendly debate rather than an argument. [:D] Anyway, when it comes to how this works in practice, I am no more sure than you. I just hate the thought of them gaining some form of unfair advantage above any other creditor when they have clearly admitted their fault...

Hi Jan, I appreciate what you are saying and fully agree if that is their intention. I just think it needs to be backed up by the IP taking a positive step towards ensuring their future dividends are reduced. Of course to be completely fair and equitable, this should be in the form of using the £2,0...

Hi, An interesting post this one. Will the other creditors realy receive an enhanced dividend? It seems to me that this may only be possible if the IP takes the step to reduce the dividend payment to Lloyds or alternatively (and less likely?) if you were originaly agreed to pay 100p in the £ plus co...

Excellent result for you.

All the best

Andy

Andy, When I first read the story I felt pretty disgusted, partly because I know I have winged about the calls I have had, which were nothing compared to the misery put on to this family [V] I also felt that it was worth looking in to the story further to see how they got on. Unfortunately it didn't...

Hi, Have you already given them some sort of signed permission to act on your behalf? I can't honestly say if my IP contacted my lenders before the proposal was put forward. But I do doubt that it would of happend that way round. However that may of been because I could supply all the details direct...