PPI Reclaiming discussion Part III

marshallka

di3004 wrote: »

Cheers good find Marshallka .
Some interesting info here on PPI.

Saying we need something in place.

marshallka

di3004 wrote: »

Oscar, sorry to be a right pain hunni.....:o , do you think you could copy an and paste your calculation post again on here hun, I am sure they will be checked for you.

I am hopeless at calculations but I know there are some very helpful members on here will take a look for you.;)

I have looked at it on his post on the loans thread. I do not know what the figures are yet...

marshallka

oscar52 wrote: »

Only down on page two of main board.

I will take a look now..;)

di3004

marshallka wrote: »

I had sarcastic comments about me moaning about the settlement all the time.

SAR's can be very useful I think, but some things hurt as well with the things they said, I was so MAD:mad: , but the maddening thing is, I did ot request for this until after for the 1st loan, if I knew more of PPI before that on my original nemo complain dealt with by the FOS, I should have had these details then, this would have been a great help for them and it may have been resolved a lot quicker as well !

oscar52

1st post (calculation)

..... I have just called A&L as recieved a "new loan" agreement for £3283.70 following a PPI reclaim. Also on its way is an offer of 932.72 (PPI plus assoc. interest was 1020.60) - so not to far off the mark.

Now the interesting bit. My current balance (claculated from an old statement and adding up the repayments) is 3707.99.

3707.99 - 932.72 = 2775.27

So why is the new agreement for 3283.70???

As Billy and Johnny used to say, I'm confused

2nd post (calculation)

might have just worked this out

Balance 3707.99
PPI refund 932.72

new loan 3486.86 (with int)

3707.99 - 3486.86= 221.13

221.13 +932.72 = 1153.85 is my actual PPI refund?

di3004

marshallka wrote: »

I have looked at it on his post on the loans thread. I do not know what the figures are yet...

Cheers hun, you know what I'm like with calculations.....:o .

When your ready though hun, I am sure Oscar understands you've a lot on as well.;) x

marshallka

Oscar, I think its cause of the added interest for the settlement as if this was settled using the newer regs. (2004???) then you would be charged 2 months interest at settlment and some actually charge a settlement fee too.

di3004

Thank you for posting this again Oscar, and sorry to being a right pain....:o xx

marshallka

di3004 wrote: »

Cheers hun, you know what I'm like with calculations.....:o .

When your ready though hun, I am sure Oscar understands you've a lot on as well.;) x

Replied above

oscar52

I have seen little bits and pieces on here..... seems there are a few with things on their plate that a little more important.