PPI Reclaiming Discussion part 4

Turboman

sue149 wrote: »

hi can u help me with a few questions got my win with f/plus today have been paying £132 on a ppi since july2006 can u tell me how much i should recieve and can i demand it paid to me rather than off the loan thanks

Post up:

Date of Agreement
Number of scheduled payments
Number so far paid
Date First Payment

Cash Advance Amount/Interest %/Monthy payment
PPI Loan/Interest %/Monthly payment
Total Loan/Monthly Payment (cross check of above 2)

Present Monthly Payment/Interest %

If you have them-
Current Balance
Any Interest Changes in form of : Date of new pymt/new %/new paymnt

Plus
Details (exact wording) of the parts of your letter re the amounts.

sue149

Turboman wrote: »

Post up:

Date of Agreement
Number of scheduled payments
Number so far paid
Date First Payment

Cash Advance Amount/Interest %/Monthy payment
PPI Loan/Interest %/Monthly payment
Total Loan/Monthly Payment (cross check of above 2)

Present Monthly Payment/Interest %

If you have them-
Current Balance
Any Interest Changes in form of : Date of new pymt/new %/new paymnt

Plus
Details (exact wording) of the parts of your letter re the amounts.

oh blimeyi will t5ry my best loantakenout juy 2006 amount £52 211 68 over 2o yrs ppi £16,775 65 sorrry not sure of intereset rate never missed any payment s so i think about 30 payments paid i think the current interest is 10% thanks for your help

sue149

sue149 wrote: »

oh blimeyi will t5ry my best loantakenout juy 2006 amount £52 211 68 over 2o yrs ppi £16,775 65 sorrry not sure of intereset rate never missed any payment s so i think about 30 payments paid i think the current interest is 10% thanks for your help[the letter does nt give any amount but i spoke too the aduicator and he said we would be put in the poistion of without the ppi and get all payments we had paid plus 8% sorry this is not type very good

sue149

sue149 wrote: »

sue149 wrote: »

oh blimeyi will t5ry my best loantakenout juy 2006 amount £52 211 68 over 2o yrs ppi £16,775 65 sorrry not sure of intereset rate never missed any payment s so i think about 30 payments paid i think the current interest is 10% thanks for your help[the letter does nt give any amount but i spoke too the aduicator and he said we would be put in the poistion of without the ppi and get all payments we had paid plus 8% sorry this is not type very good

we pay £747 a month £132 of this is ppi

Turboman

sue149 wrote: »

sue149 wrote: »

we pay £747 a month £132 of this is ppi

Ok--will look at this in morning around 9:00--but basically you would get back £132 x no of pymts + 8% and overall loan reduced with reduced monthly pymt

Was loan Fixed-payments constant?

sue149

Turboman wrote: »

sue149 wrote: »

Ok--will look at this in morning around 9:00--but basically you would get back £132 x no of pymts + 8% and overall loan reduced with reduced monthly pymt

Was loan Fixed-payments constant?

no i dont think so thank s for helping can i ask you can i demand the money back to me or are they able to take it off the loan cheers

sue149

sue149 wrote: »

Turboman wrote: »

no i dont think so thank s for helping can i ask you can i demand the money back to me or are they able to take it off the loan cheers

will check for your reply tomomoow night as at work speak to u soon thanks agian for your time

Turboman

sue149 wrote: »

sue149 wrote: »

we pay £747 a month £132 of this is ppi

Clarifying

132 PPI
747 IN TOTAL?????

16775 PPI
52211 in TOTAL ???????? or 68986 in total???????

AverageJoe_4

Toffee_Penny wrote: »

Average Joe :beer:

Thanks for that, I have no original paperwork, no account numbers for the loans. I only got the info when looking through OH old bank statements from that time and had proof of the exact monthly fee that was being paid when the top up took place etc. Thats why I say it is a stab in the dark as I thought they could just say 'no we haven't got the info' and that would be the end.

We can't even recall how much the loans were for it was so long ago, I doubt they were for much though probably one or two thousand maybe three max but the date of the first one June 2001, my son was born May 2001 and I was out of work and OH has always been self employed so we know we have a strong case of mis-selling with this one as both loans had the gold policy on.

I'm just kicking myself at throwing the paperwork out now!:mad:

Perhaps the credit ref agency still has details of the loan repayments on the file. It may gather some info.

sue149

Turboman wrote: »

sue149 wrote: »

Clarifying

132 PPI
747 IN TOTAL?????

16775 PPI
52211 in TOTAL ???????? or 68986 in total???????

loan 52 221 ppi 16 775 total 68986 payment 747 132 of this is ppi so loan payments are 615