PPI Reclaiming discussion Part III

di3004

marshallka wrote: »

Di, tiggrae is so wrong in her calculations and we have all listened to her. I hope that someone else on here can also see that. She only ever worked out the cost of the PPI and never ever took the calculations of the settlement into account. I have learn't here to just be careful who you trust. I suppose she did this for a living and not for free.

You have to be able to work out the actual settlement figure with the PPI and without the PPI too.

I still not got round to giving the figures to the liquidators either, I have to try and find the info on the breakdown as they will need this paperwork for evidence...... .

Marshallka I have send ya a PM hun.;)

dreamer33

Morning everyone

Been having a rest the pages have mounted up mind lol

cot1198

marshallka wrote: »

This was what tiggrae did for may calculations for the 2002 loan

these figures are a bit rough - but I worked out the ppi element was about 24% of the total - therefore 24% of £14112 (168 x 84) = £3386.88
you paid approximately 18 payments of £40.32 (24% of 168) which totalled £766.08

so 3386 - 766.08 - the rebate of 1461.93 = £1158.15
therefore you paid 766.08 + 1158.15 = 1924.23 - the statutory interest against all that comes to 681.63 - totalling £2605.86

I actually have been offered £1462.00 so I actually think that the calculations of the co-op are right and tiggrae has been working these out wrong. Again the difference is about £462.23 here.[/font]

Does this calculate what amount you are due back on mis sold ppi or just the settlement figure on loans paid back early?

di3004

dreamer33 wrote: »

Morning everyone

Been having a rest the pages have mounted up mind lol

Hi dreamer
How are you hunni?

Hope your okay sweetie, we have missed ya.;)
Nice to see you back though.:D

Hey I was talking to another dreamer on here yesterday and thought it was you lol.......:rotfl: , then I realised the end numbers were different and that she was a newbie.......:o , poor girl, bet she thinks this is the nutty link :eek: :rotfl: , lol.

dreamer33

Sent a complaint to ICO today, after Firstplus saying the would send me telephone call recordings on either tues or wed (not received) actually received a letter and a form to sign for release of calls and another fee.

Sick of them now :mad:

dreamer33

di3004 wrote: »

Hi dreamer
How are you hunni?

Hope your okay sweetie, we have missed ya.;)
Nice to see you back though.:D

Hey I was talking to another dreamer on here yesterday and thought it was you lol.......:rotfl: , then I realised the end numbers were different and that she was a newbie.......:o , poor girl, bet she thinks this is the nutty link :eek: :rotfl: , lol.

Eeeeeeeee another dreamer :eek: lol

I'm fine not been feeling to good, throat and just not feeling 100% just keep taking my fizzzies lol only thing is I feel like sleeping for a week when I take them lol

Has your oh compo been sorted out yet, any news for anyone with their claims not had a chance to look through posts there are so many :rotfl:

di3004

dreamer33 wrote: »

Eeeeeeeee another dreamer :eek: lol

I'm fine not been feeling to good, throat and just not feeling 100% just keep taking my fizzzies lol only thing is I feel like sleeping for a week when I take them lol

Has your oh compo been sorted out yet, any news for anyone with their claims not had a chance to look through posts there are so many :rotfl:

Yes another dreamer lol.......:rotfl: :rotfl: .

Aww bless you hun, get better soon, I was like that with my throat if you remember last week, my hubby called me Madge Simpson......:o :rotfl: .

Nope heard nothing, although our Marshallka has some good news.:T .

cot1198

cot1198 wrote: »

Can anyone please tell me what figure I should expect back on my ppi from this information

CASH LOAN £36000
PPI £9032.51
BROKER FEE £495
TOTAL LOAN £45527.51
MONTHLY INTEREST RATE 0.7470%
APR 9.5%
NUMBER OF MONTHLY PAYMENTS 240
MONTHLY PAYMENT £408.57

Monthly payments made before paying the loan off early 14 months

thanks in advance

The settlement figure for this loan was £47537.67 in july 2007 do you think it could have been work out wrong and they have charged too mutch on the settlement figure if so could I go back to nemo and ask for a new calculation and some money back

dreamer33

di3004 wrote: »

Yes another dreamer lol.......:rotfl: :rotfl: .

Aww bless you hun, get better soon, I was like that with my throat if you remember last week, my hubby called me Madge Simpson......:o :rotfl: .

Nope heard nothing, although our Marshallka has some good news.:T .

Hope your okay. Yes I remember your throat too think it must be going around, I catch everything these days.

Have the co-op ones been sorted out then sorry not read posts?

marshallka

cot1198 wrote: »

Does this calculate what amount you are due back on mis sold ppi or just the settlement figure on loans paid back early?

This calculation was one that tiggrae did for me in that she said I would receive back in the misselling of the PPI. She is so far out on this though as although she knows how to calculate what you would have paid on the PPI and takes the rebate off she forgets that in the settlement figure you have a rebate against the PPI interest. Its so unfair how she has led people to believe they are getting these higher amounts back when she must have known (being a claims management company!!) that these are the amounts less whatever was in the settlement calculation for the interest that would have been charged on the PPI.:mad: :mad: