Companies in Default/FSCS Claims - Picture, London Scottish, Twopart

pinknico

How are you today dialysis?

amersall

:T:T:T:T:T:T well done to everyone:A am chuffed to bits for all of you :j:j:j:jhope you all hear good news quickly now :A:Ayour long wait is finally over :D:D:D:D:D:D this is really brill news :beer::beer::beer: things can only get better:cool::cool::cool::cool::cool::cool::cool::cool::cool::cool: xxxxxxxxxxxxxx

pinknico

Thanks amersall. xx

marshallka

dialysis wrote: »

Hi I m back Dad ok and walked the dog. No post yet, but I dont ezpect to hear today though. Am i right in saying that mammamia got her full PPI back, plus interset paid to date, plus 8% statatory interest. How do you work out how much interest you have paid on your loan? That ones for our resident mathmatition.:D

Give us your figures dialysis and I can have a go for you.

marshallka

pinknico wrote: »

Hello Marshallka, agree with you but the only reason there would be remining interest on ongoing loans is if people dont use their refund to pay off the PPI part of the loan.

In effect the FSCS has taken the easy/quickest way out and is leaving it up to the claimants to pay off Picture and then the loan gets recalculted by Target

So if mammania paid all that off the loan then it should put her back into the position as if she never had the PPI (or thereabouts??). I just wish she was on so I could double check but none of her posts say the actual repayments... I could work it perhaps if I had those, don't know for sure but would like a go.

pinknico

Yes, but not quite in the same position as only 90% is paid after the first £2000
so mammamia should have got Total £19,482.95 but got
total £17934.66. So down £1547.99. But she could still use some of the interest refunded to pay off the £14096.75 premium which then would get no further interest.


Dialysis does the amount of interest paid to date depend on the interest youve been charged on the loan?

dialysis

pinknico wrote: »

How are you today dialysis?

Im great thanks Pinknico and you? I am a lot better knowing that we will get to keep our house and payment is only round the corner:j:j:j

dialysis

amersall wrote: »

:T:T:T:T:T:T well done to everyone:A am chuffed to bits for all of you :j:j:j:jhope you all hear good news quickly now :A:Ayour long wait is finally over :D:D:D:D:D:D this is really brill news :beer::beer::beer: things can only get better:cool::cool::cool::cool::cool::cool::cool::cool::cool::cool: xxxxxxxxxxxxxx

Thanks amersall:T:T:T:T

pinknico

I am good thanks dialysis, so glad you will keep your house, doesnt get better than that!

dialysis

pinknico wrote: »

Yes, but not quite in the same position as only 90% is paid after the first £2000
so mammamia should have got Total £19,482.95 but got
total £17934.66. So down £1547.99. But she could still use some of the interest refunded to pay off the £14096.75 premium which then would get no further interest.


Dialysis does the amount of interest paid to date depend on the interest youve been charged on the loan?

Not sure Pinknico
Marshallka my PPI was
£21950 and my loan payments were £870 per month:eek::eek: what else do you need hun?