PPI Reclaiming Discussion Part 5

macpep1

amersall wrote: »

Were these consolidate loans? if they were they have to take any rebate off that they gave when you settled, what are the full calculations?.

Apparantly loans I had on my own, the paperwork is at home but the offers I accepted & signed back were for £1651.71 & £71.46, it appears they have only paid in the amounts without interest. I will be home in 45 minutes so will post calculations then. Thanks Amersall (again) :T

nocharge

macpep1 wrote: »

Apparantly loans I had on my own, the paperwork is at home but the offers I accepted & signed back were for £1651.71 & £71.46, it appears they have only paid in the amounts without interest. I will be home in 45 minutes so will post calculations then. Thanks Amersall (again) :T

I recently had 7 claims paid from RBS and I think you'll find they pay the interest amount separately, they did in my case. Hope that helps.

macpep1

macpep1 wrote: »

Apparantly loans I had on my own, the paperwork is at home but the offers I accepted & signed back were for £1651.71 & £71.46, it appears they have only paid in the amounts without interest. I will be home in 45 minutes so will post calculations then. Thanks Amersall (again) :T

Figures on both
Total refund of ppi premium & associated interest paid to date £40.16/£973.81

Gross interest at statutory rate added to each overpayment from the date of payment to date plus additional interest for delay from when we informed you the complaint was put on hold £39.13/£847.37

Less Tax 20% £7.83/£169.47
Net Interest £31.30/£677.90
Total Offer £71.46/£1651.71

Amounts paid into account £40.16/£973.81

nocharge wrote: »

I recently had 7 claims paid from RBS and I think you'll find they pay the interest amount separately, they did in my case. Hope that helps.

Thanks , puts my mind at ease, did you have to wait a while for the separate interest payment.

ETA: The interest is now showing in the account this morning, although shows as paid in yesterday :T I am giong to post my successes on the other board but in total looks like just under 11k in total with a few still to hear from, I am so glad of all the help & templates etc on this site, thank you everyone & of course Martin :T:T

american_bulldog

does any one no if you go through a claim company do they take 30% of your whole redress ie compansation + 8% intrest

dolphingazer

american_bulldog wrote: »

does any one no if you go through a claim company do they take 30% of your whole redress ie compansation + 8% intrest

Plaese tell me you haven't

american_bulldog

dolphingazer wrote: »

Plaese tell me you haven't

Not me I found this place been talkin to some friends tonight who weve not seen for about five years and there going through a claim handling company tried to explaine how easy it is to do it yourself with the help of you guys an girls but they would'nt listen so there loss not mine :eek:

american_bulldog

american_bulldog wrote: »

Not me I found this place been talkin to some friends tonight who weve not seen for about five years and there going through a claim handling company tried to explaine how easy it is to do it yourself with the help of you guys an girls but they would'nt listen so there loss not mine :eek:

stand on me I thought about it at first but being an old fogey listend to Martin on radio 2 and found the promised land and also found 11 thousand 632 pound and 39 pence.Catch you later of to check down the back of the sofa you never no :A:beer:

dolphingazer

american_bulldog wrote: »

Not me I found this place been talkin to some friends tonight who weve not seen for about five years and there going through a claim handling company tried to explaine how easy it is to do it yourself with the help of you guys an girls but they would'nt listen so there loss not mine :eek:

Phew!!
Thank goodness it wasn't you:) I had visions of your win going into someone elses pocket:eek:

macpep1

american_bulldog wrote: »

does any one no if you go through a claim company do they take 30% of your whole redress ie compansation + 8% intrest

I sent my RBS Credit Card & my FP loan agreement to a claims company, absolutely certain I had no ppi on them......there was no ppi on Firstplus Loan, but there was on the RBS Credit Card.....result was £1367 offer from them with 24% + vat going to the claims company so roughly £400 of that going to them :mad:. I stumbled across a folder with old paperwork for other things, filled in the forms myself & most of claims have been upheld, one going to FOS & one they are still looking into.

amersall

american_bulldog wrote: »

does any one no if you go through a claim company do they take 30% of your whole redress ie compansation + 8% intrest

If it is a loan and it is still open they take the % plus Vat on the whole PPI amount as they have saved the claimant the remaining PPI amount and interest.