PPI Reclaiming Discussion part 4

cappo

amersall wrote: »

Very tired Steve :o:o and i have not really done much

You have a nice rest over the weekend,have you overdone it a bit?

cappo

claire86 wrote: »

Postman brought me a nice letter this morning! RBS are offering me a "goodwill gesture without admission of liability" of £585.75. Can someone check the figures please before I accept?

Total refund of ppi premium plus interest paid to date £504.85
Statutory and Stay Interest Values £101.12
Minus tax -£20.22

Offer £585.75

Nice one claire well done:beer::money::D:T:T:T:):money:

moneyangel22

Hello,

Does anyone know the email address for the ceo at hsbc please? I want to tell him I have reported them to the ico for not providing my docs under a sar request!

Many thanks!

cclissold

Niggly wrote: »

Okay has I posted last night whilst you were lusting after JT. I have the scenarios that Halifax sent with the acceptences. Because you finishe the loan you will also get 8% on the cash price of the loan for he duration of the loan. This means

£233.20 x N =£x N = the number of years you had the loan for
£233.20 x 7 = £1632.40 in interest which is on top of the PPI with interest and 8% figure I gave early.

If a previous loan was incorporated into this one then there may be further compensation as well. This could be fairly substantial if you had ppi and oaid it for a while before refinancing as they need to take this into account as well. They have to under the FOS rules.

That should drive off the rain.

N

Hi Niggly

Many thanks for all your help/advice last week. As you appear to be the King of Calculations I wondered if you could check the details on mine so that when I finally get my calculation letter I will know whether they are trying to pull a fast one:

Amount of Credit (cash loan) - £12,000
Add: total charge for credit for cash loan - £3539.04
Total amount you pay for cash loan £15539.04
Insurance Loan (cash price of insurance) - £2,914.99
Add: total charge for credit for insurance loan - £859.97
Total amount you pay for insurance loan - £3774.96

You have to pay the loan and arrangement fees on the loan by 72 monthly payments - £268.25

Annual Percentage Rate - 8.7%
Loan - £14914.99
Total charge for credit for the loan - £4399.01
Total amount you pay - £19314.00
Monthly interest rate - 0.679%
We will charge you arrangement fees totalling £149.15

Cheers me dear.

C.x

claire86_2

I've read the letter in its entirety now and I'm satisfied the figures are right. They've refunded everything I've paid, plus the 8% required interest, plus extra interest for the time the complaint was on hold. Thanks for the templates and encouragement to do it, MSE!!

di3004

moneyangel22 wrote: »

Hello,

Does anyone know the email address for the ceo at hsbc please? I want to tell him I have reported them to the ico for not providing my docs under a sar request!

Many thanks!

Hiya
Good luck on this.

[EMAIL="chiefexecutivehsbcbank@hsbc.com"]chiefexecutivehsbcbank@hsbc.com[/EMAIL]

di3004

claire86 wrote: »

I've read the letter in its entirety now and I'm satisfied the figures are right. They've refunded everything I've paid, plus the 8% required interest, plus extra interest for the time the complaint was on hold. Thanks for the templates and encouragement to do it, MSE!!

Well done!:T & Congratulations!:beer:

di3004

amersall wrote: »

Very tired Steve :o:o and i have not really done much

You rest now honey, and thats an order.;).

That's the thing loz, your used to doing too much, so now time to chill babe xxx:D;):A

cappo

di3004 wrote: »

Well done!:T & Congratulations!:beer:

How are you Di,how are those workmen coming along,:D have you shot them yet lol

Red_peppers

I have received my NOT upheld letter today

Basically it says after reviewing the sales call they are happy with the way it was sold and we were told it was optional. The fact that it only covers the first five years was explained and we agreed. Then was told to check the paper work.

The policy will remain in force.:mad:

Any help please guys

No mention of single premium either