PPI Reclaiming Discussion part 4

showergirl

Dialysis,

Hers wishing you good luck this morning when you ring the FSCS.

I hope they are able to help you.

beaniebabe

pinknico wrote: »

In regards to Picture if anyone knows what % of our payments went towards PPI, I would love to know. Thanks.

Me too. My PPI was for 12.500!!! on top of approx 60.000 loan. My monthly repayments have been 825. I have lost my agreement and can not remember the interest rate etc. Also will we be eligible for the 8% and any additional compensation. Sorry to get too excited but have really no idea what we could be expecting and have waited a long time for this day like us all!!
Has anyone any rough idea how much my repayments could reduce!!:j
Thanks everso!!!!

beaniebabe

showergirl wrote: »

Dialysis,

Hers wishing you good luck this morning when you ring the FSCS.

I hope they are able to help you.

Good luck Dialysis ! let us know how you get on today.X;)

dialysis

showergirl wrote: »

Dialysis,

Hers wishing you good luck this morning when you ring the FSCS.

I hope they are able to help you.

Cheers showergirl I have a feeling the lines will be very busy this morning I will let you know what they say :T

dialysis

beaniebabe wrote: »

Good luck Dialysis ! let us know how you get on today.X;)

Thanks also beaniebabe will try to get through to them and let you know later today;):T

maxdp

Good luck Dialysis.

dialysis

maxdp wrote: »

Good luck Dialysis.

Thanks Maxdp I am ringing now will let you all know;):T

marshallka

beaniebabe wrote: »

Me too. My PPI was for 12.500!!! on top of approx 60.000 loan. My monthly repayments have been 825. I have lost my agreement and can not remember the interest rate etc. Also will we be eligible for the 8% and any additional compensation. Sorry to get too excited but have really no idea what we could be expecting and have waited a long time for this day like us all!!
Has anyone any rough idea how much my repayments could reduce!!:j
Thanks everso!!!!

142.23 of your repayments would have been towards your PPI.

12500 divided by 72500 = 17.24%

17.24% of the repayments are ppi so 17.24% of £825.00 = £142.23.

You would get back how ever many PPI payments you have made towards the loan in a cheque and then the loan redone without the PPI. Don't know how much the repayments would reduce though as it does not work out by just taking the 142.23 off them???

dialysis

Hi guys hooray got through to them first time!!! :jour claim has gone to Deloittes the man said that we should hopefully hear from them this week and if they did not need further info from us our claim may be sorted this week. I am really really hoping it will it may just stop our repo although i just hope they dont need more info. Keep my fingers and everything else crossed I hope that this applies to everyone elses claim too;)

gumbi

pinknico wrote: »

In regards to Picture if anyone knows what % of our payments went towards PPI, I would love to know. Thanks.

I have been demanding this information from Picture for the last 2 years and they have flat out refused to tell me!

I wanted to find out how much of my monthly repayment was for the PPI so that I could reduce my payment down to pay only the interest and repayment on the loan amount whilst the compliant was being looked at.

This is probably why they won't say as I think a lot of others would try and do the same.

Gumbi