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

beaniebabe

sandzb wrote: »

All I ask from all of you is this if the CHEQUE pops through the door. Please let us all know, Can u also tell us if you were priority and if u can your ref number. There are many people on this forum desperate for answers and the light at the end of the tunnel. Cheers

No problem, We need to keep each other informed, even if its just popping on here for a few minutes:D

dialysis

beaniebabe wrote: »

You have got me thinking now :rolleyes:. I am not certain but the £12500 comes to mind, however I have no paperwork so can not say for certain. All I know is my loan was for 67,000. I wish I could find the paperwork:eek:

Beaniebabe I would have thought it would have been around 16000 looking at the difference between your loan and busby's

marshallka

busbyh wrote: »

Our loan was for £35000 and the PPi was £8892, so dialysis's does sound right to me. Are you sure your's was not for more. yours loan was almost double mine so I would have thought it was more than £12500

From what I have gathered from how these PPI's are worked out and sold its all to do with credit rating, equity and risk. You could then have a loan of £10K on a property with no equity and a crap credit rating and have to pay a higher PPI than if you have equity in your home and a good credit rating and not much risk. Can't be 100% as it was a long time I looked this up as it was something I wanted to know.

beaniebabe

dialysis wrote: »

Beaniebabe I would have thought it would have been around 16000 looking at the difference between your loan and busby's

You might be right dialysis, as I say I can not remember, useless arn't I. Marshallka could you work it out for both 12500 and 17000. Sorry to be a pain but I am so excited:j:j:j

dialysis

sandzb wrote: »

All I ask from all of you is this if the CHEQUE pops through the door. Please let us all know, Can u also tell us if you were priority and if u can your ref number. There are many people on this forum desperate for answers and the light at the end of the tunnel. Cheers

I will let you know god I will be on here as soon as I have opened the envelope all you will see is claps and jumps for joy. I am priority due to impending repossession and my ref no is 214;)

dialysis

beaniebabe wrote: »

You might be right dialysis, as I say I can not remember, useless arn't I. Marshallka could you work it out for both 12500 and 17000. Sorry to be a pain but I am so excited:j:j:j

Your not useless beaniebabe you have been through a lot and everything gets confused when you are under pressure and stressed, I have been excited all day I just cant wait to be solvent again, and buy a new carpet for my lounge:T:T

busbyh

dialysis wrote: »

Beaniebabe I would have thought it would have been around 16000 looking at the difference between your loan and busby's

Maybe it was £16500 and not £12500

beaniebabe

dialysis wrote: »

Your not useless beaniebabe you have been through a lot and everything gets confused when you are under pressure and stressed, I have been excited all day I just cant wait to be solvent again, and buy a new carpet for my lounge:T:T

Awe Thanks Dialysis
I must say I think Marshallka is right in the fact that we must pay as much as we can towards the rest of the picture loan. However our car is absolutely nackered at the moment so I think we will be using a bit of it to get it sorted. The rest I am afraid to say will be going back to the robbing Picture:mad: so we can reduce our repayments and worry a bit less!!X

beaniebabe

busbyh wrote: »

Maybe it was £16500 and not £12500

That could be possible, I hope so now!!:rotfl:

busbyh

marshallka wrote: »

From what I have gathered from how these PPI's are worked out and sold its all to do with credit rating, equity and risk. You could then have a loan of £10K on a property with no equity and a crap credit rating and have to pay a higher PPI than if you have equity in your home and a good credit rating and not much risk. Can't be 100% as it was a long time I looked this up as it was something I wanted to know.

You always come up with good answers. Sounds quite feasible to me:A
Thanks marshallka