We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
PPI Refund help.
Comments
-
Aaah I see now!
I was working it out as..
Loan :7551 plus interest
PPI: 2060 plus interest
Total of 13020
Which is 60 x 217 month payment.
I then did
13020 - 3889 (amount of payments so far paid = 9131.
Then I took of the 3010 refund making it 6121 balance.0 -
To be fair, your calc wasn't far off, like mine.
Also, don't forget, you only actually paid 2 years of PPI and not the full 5, and this is what the calculation is worked on and not the loan and interest.
Based on that, a good return!! .0 -
Yes indeed, and I just managed to get it upheld in full, even after receiving a final response. So have another 500 quid off them, to pay my debt.
Thanks for everything!0 -
You are so welcome x0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards