Stacey Mckeogh
Registered User
- Messages
- 39
Does anyone know a rough estimate of what the tracker would’ve probably been in 2011 if it were available?
So I can now go back over my statements and calculate what interest I would’ve paid if I had been given the prevailing rate.
Correct.even though the bank was wrong we suffered no financial lose!!??
Yes, AIB tracker redress.
Bank paid us the same compensation as everyone else received but we felt that because we had written proof that they had denied our request for a tracker back in 2010 we would’ve stood a bit of a chance in getting something back.
They have offered us the same tracker as they’ve offered others, which makes no sense (even to AIB mortgage advisers) and isn’t worth it!
Bank just said same as they have to everyone....that they just didn’t offer trackers at that time. Independent panel said in their letter to us that even though the bank was wrong we suffered no financial lose!!??
Did you provide a rate you thought it should have been, and provide details of how you calculated it? And did the appeals panel address that point specifically?In our appeal with disputed the rate they were ‘calculating’.
Factoring in the financial crisis, and the cost of funding to Irish Banks...Using the tracker rates from previous years and estimating what the tracker would realistically have been
I am an accountant. And I've worked for 16 years in banking. I wouldn't even know where to start calculation of tracker rate.I don’t work in a bank, I’m not an accountant, I don’t know all the legal jargon.
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