PPI Reclaiming discussion Part III

di3004

I really miss my hubby not working for the steelplant, he would bring home over £26K a year basic, then when that closed, which was a year on the 21st of this month, and when he did go into another job there was also a huge drop in income, and of course right now jobs are scarce due to this credit - crunch, most places here have either closed down or cut back on 3 days a week, but no matter where its like it everywhere...... .

Hubby has about 28 CV'S in here and there and we are hoping he will hear about the carpentry one in the mid of Jan as that is an open vacancy, okay money is not superb but I hate going through this agro of reclaiming - its all hassle and very stressful, especially when your turned away......:rolleyes: as such anyway.

hayjamdan

marshallka wrote: »

di3004 wrote: »

Di, I can't calculate on this as I don't know how the actual settlement was worked...

What regs were used etc...

hi marshallka i dont no what a regs is and the loan is not settled as yet just wanted an idea of how much i will get

di3004

marshallka wrote: »

They could not reposess the house as you are offering the mortgage interest so I think they would have to treat you fairly. They may charge something like we have had to pay £2K just to swap the mortgage to another scheme with them this month. Its added to the mortgage so not out of our pockets just yet but at least its a roof.

Thanks.;)

So if we explained then we have £405 to cover this right now on insurance a month, and we requested this interest payments, then hopefully it should be okay??
Don't know what the charges are yet but still like you said, its a roof over our heads - which of course is the main concern and priority.

I know I should not let this be important right now, but does it affect the status of your credit then do you know?
Just learning the same time lol.......:D

marshallka

hayjamdan wrote: »

hi all can some1 pls help me work out the figures on how much i will get if my claim is successful. took out a loan for 60 months loan amount is 7000 with a intrest rate of 21.9 i think, the ppi on it is 44.69 would have been £179.32 without ppi i have paid 48 payments so far. and i have asked for all intrest added plus the 8%stat the loan is a single premium. amount i pay montly is 224.01

If this is missold to you you would get back all that you have paid which is 48 x the £44.69 and the stat interest to date. As you have not settled the loan yet this would then be redone without the PPI and this would reduce your repayments. Most places only pay you in the form of a cheque the amounts you have pysically already paid to them as the rest has not actually come out of your pocket (yet!!).

marshallka

di3004 wrote: »

Thanks.;)

So if we explained then we have £405 to cover this right now on insurance a month, and we requested this interest payments, then hopefully it should be okay??
Don't know what the charges are yet but still like you said, its a roof over our heads - which of course is the main concern and priority.

I know I should not let this be important right now, but does it affect the status of your credit then do you know?
Just learning the same time lol.......:D

Doubtful Di but would you actually want any more credit when you cannot afford all the repayments yet..?? I would worry about that one later..

di3004

marshallka wrote: »

Doubtful Di but would you actually want any more credit when you cannot afford all the repayments yet..?? I would worry about that one later..

Yes of course and no way do I want any more finance/credit.........:eek: , a nice win on the lotto would be nice though lol, even though I don't do it that often, only when I have a spare quid or 2 .
But we all wish that one don't we ?:rolleyes: :A x

di3004

Missed Eastenders earlier, gonna watch it on BBC 3 now......:D , catch you later.;) x

marshallka

di3004 wrote: »

Yes of course and no way do I want any more finance/credit.........:eek: , a nice win on the lotto would be nice though lol, even though I don't do it that often, only when I have a spare quid or 2 .
But we all wish that one don't we ?:rolleyes: :A x

Yeah, just my last claim win would be nice for us and then that would be a start again... if not then its the whole loan me thinks...;)

di3004

marshallka wrote: »

Yeah, just my last claim win would be nice for us and then that would be a start again... if not then its the whole loan me thinks...;)

Good for you as well :T x

di3004

Are you ready for Christmas Marshallka?

I have had to obviously cut down this year, but thankfully managed to get the main of the pressies earlier in the year, it was just the last odds and ends really and the food, not bought much booze as we don't drink much here anyway, well I certainly don't other than the odd small baileys.:p

And I have my Turkey lol....:p

The older one we got him an ipod and the youngest a notepad lappy, the rest of their stuff are just bits and bobs, xbox game each, selection boxes and a stocking each with some goodies lol.x