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Success *Lloyds * Question on payments
Sucina
Posts: 7 Forumite
Hi
Had my letter today upholding my complaint and agreeing to refund.
:j
I am not 100% on figures if anyone has a better idea.
Quick points
Front loaded PPI
£1158.30 payments refunded :j
£527.33 8% stat interest refunded :j
Total £1685.63 :j
Excess balance when refinanced the loan in 2008 as would have been lower.
£555.61 :j
TOTAL
£2241.24 :rotfl:
No mention of the Apr interest that I was paying at 11%????
Interest etc calculated until 26th March.
So
Should the payments have been calculated to include the APR
Ie payments XAPR X8%?
Also if teh payment has not been received by 26th can I send the court letter at that point with 14 days notice, I am not waiting months for my money!
Any help would be great
Had my letter today upholding my complaint and agreeing to refund.
:j
I am not 100% on figures if anyone has a better idea.
Quick points
Front loaded PPI
£1158.30 payments refunded :j
£527.33 8% stat interest refunded :j
Total £1685.63 :j
Excess balance when refinanced the loan in 2008 as would have been lower.
£555.61 :j
TOTAL
£2241.24 :rotfl:
No mention of the Apr interest that I was paying at 11%????
Interest etc calculated until 26th March.
So
Should the payments have been calculated to include the APR
Ie payments XAPR X8%?
Also if teh payment has not been received by 26th can I send the court letter at that point with 14 days notice, I am not waiting months for my money!
Any help would be great
0
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