PPI Reclaiming discussion Part III

marshallka

**MC** wrote: »

Hi All, thanks for the help so far, the first letter is the post so we'll see what happens.

Good Luck MC, hope you get there...;)

pinknico

marshallka wrote: »

How much rebate against the insurance did you have pinknico..??

Tiggrae did this with mine


PPI element was 4420 divide by 25840(which is the total of loan and PPI without interest) = 17.11%
Repayments were 222.18 so 17.11% of 222.18 is 38.01 and this was how much of the repayments were actually paying the PPI each month and interest on the PPI.
38.01 x 180 = 6841.80 which is the total PPI plus interest

6841.80 - (34 repayments of PPI 38.01= ) 1292.34 = 5549.46 - rebate of the insurance =
5549.46

5549.46 + repayments made 1291.66 = 6841.12 being what you would be due back if missold minus whatever rebate you had against it...

I have done it like this so you can check back against how tiggrae does these calculations and how she did mine and everyone elses...

You are extremly clever Marshallka:A

Thanks lets hope it succeeds with the FOS:rolleyes:

marshallka

pinknico wrote: »

You are extremly clever Marshallka:A

Thanks lets hope it succeeds with the FOS:rolleyes:

Pinknico, I hope this is right for you as I have used the same way in that tiggrae did mine and everyone elses too. There is no-one else who does these now so I am just following what she did.

I really hope you win this one pinknico..

This one is with the FOS then is it??

Who is it against..?

pinknico

marshallka wrote: »

Pinknico, I hope this is right for you as I have used the same way in that tiggrae did mine and everyone elses too. There is no-one else who does these now so I am just following what she did.

I really hope you win this one pinknico..

This one is with the FOS then is it??

Who is it against..?

This is the one where I thought it was not covered by the FOS, Central Trust
But there is voluntary jurisdiction and if they are asking the company for further information it must be under this.

If they (the FOS) have made a mistake I will claim compensation off them:rotfl:

dreamer33

di3004 wrote: »

Sorry if I missed you again Marshallka.......:o , have a good night anyway and catch you tomorrow.:A x

Di I'm apologising to you now lol. Fell asleep on settee last night as soon as my head hit the cushion, woke up at 2.56am:eek:

dreamer33

Hi everyone

Anything interesting happend today? Post?

dreamer33

pinknico wrote: »

Marshallka and Dreamer what year did you take out your first plus loans?

Hi Pinknico took out loan in Jan 2004

di3004

Hi all.

Been busy day for my son Jamie's 20th birthday, he is now out with mates.....:beer: .

Dreamer don't apologise hunni........we all do that from time to time lol.......:rotfl: .

My puter still ain't right though, it could just go off at anytime again.....:mad:

marshallka

di3004 wrote: »

Hi all.

Been busy day for my son Jamie's 20th birthday, he is now out with mates.....:beer: .

Dreamer don't apologise hunni........we all do that from time to time lol.......:rotfl: .

My puter still ain't right though, it could just go off at anytime again.....:mad:

Tell him happy birthday from me Di.... Bet hes gone the pub now, wait til the biggie next year...:beer:

marshallka

dreamer33 wrote: »

Hi everyone

Anything interesting happend today? Post?

Nothing for me dreamer... I hope to hear from my co-op ones by this week coming though..:D . I just hope they accept the other two loans. We really need this money.:o