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Help with my interest please
Hi guys me again
having gotten nowhere with Provident, not even my promised reply in writing, I simply paid the early settlement figure. So on a loan of £500 over 33 weeks I have paid £850 (instead of £910 in 52 weeks). I am trying to find out how I calculate what that actual APR is as I am sure it is a whole lot more than the APR I agreed to.
Does anyone know any handy websites that could help? I can find calculators that tell me what my repaymens woudl be if I know my interest but not actually how to calculate what you have paid.
many many thanks in advance.
Di
having gotten nowhere with Provident, not even my promised reply in writing, I simply paid the early settlement figure. So on a loan of £500 over 33 weeks I have paid £850 (instead of £910 in 52 weeks). I am trying to find out how I calculate what that actual APR is as I am sure it is a whole lot more than the APR I agreed to.
Does anyone know any handy websites that could help? I can find calculators that tell me what my repaymens woudl be if I know my interest but not actually how to calculate what you have paid.
many many thanks in advance.
Di
0
Comments
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don't worry - I have just had a call from Provident head office letting me know a refund is winging its way to me.
I don't know how to delete threads or I'd just take this off!! sorry and thanks Di0
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