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

di3004

moggy2009 wrote: »

:eek:
sorry for being a sap today must be my hormones

Hey Moggy your not being SAP........:eek:, there's no chance of that.
And do not be sorry, you have done nothing wrong.
You have been let down badly here and I'm sure I would be feeling just like you do.;)

marshallka

Sorry moggy for what you are going through. Its terrible that they even send these cheques out ordinary post let alone being 2nd class. Surely they should be recorded or registered.

pinknico

Hi Chickpee I thought "the amount of interest already charged you" was the PPI interest part of each monthly payment times however many monthly payments. But not sure.

busbyh

chickpee wrote: »

Thanks Busbyh.

I rang the FSCS but none the wiser so I will write to them.

Can anyone tell me about the interest they pay back. It says that "this is the amount of interest your lender has already charged you to date on the amount of the premium" so does this mean that that it doesn't include the premium itself?

I just need to get things straight in my own mind before I take things further.

yes that's what it said on ours, what is it you actually mean by the pemium. We get the PPI amopunt and the interest we have paid to date

PPI amount £8872
Amount of interest alreadu charged by lender £2072

marshallka

pinknico wrote: »

Hi Chickpee I thought "the amount of interest already charged you" was the PPI interest part of each monthly payment times however many monthly payments. But not sure.

On other peoples that put their figures up here I thought it was the actual repayments made against the PPI to date. I thought they just called it interest paid to date or something else...

Going to look back at some now... well in a min cause my darling is just coming home.

busbyh

pinknico wrote: »

Hi Chickpee I thought "the amount of interest already charged you" was the PPI interest part of each monthly payment times however many monthly payments. But not sure.

That's right pinknico , it is.

showergirl

moggy2009 wrote: »

:eek:
sorry for being a sap today must be my hormones

Moggy,

Don't apologise, we would all be the same if we were in your situation. I just hope this gets sorted for you

pinknico

chickpee wrote: »

Thanks Busbyh.

I rang the FSCS but none the wiser so I will write to them.

Can anyone tell me about the interest they pay back. It says that "this is the amount of interest your lender has already charged you to date on the amount of the premium" so does this mean that that it doesn't include the premium itself?

I just need to get things straight in my own mind before I take things further.

They have refunded you the whole premium and as so far your monthly payment was only paying interest on the loan and PPI they have refunded the PPI premiums as interest. (once again thats an I think!)

pinknico

busbyh wrote: »

That's right pinknico , it is.

Thanks busbyh, still never 100% sure!

busbyh

PINKNICO
HERE IS THE BREAKDOWN

PPI £8732.50
PLUS INTEREST £2072.89
LESS BENEFITS RCD 0.00
LESS REBATE DUE UPON CANCELLATION £698.10
tHIS IS THE AMOUNT PAID WHEN THE ppi WAS CANCELLED IN aUG 2008.

PLUS REAS RATE OF RETURN 60.41

TOTAL £10167.70

AMOUNT PAYABLE £9550.93


what do you think!!

On the original breakdown when the loan was paid off it stated PPI refund on cancellation 0.00