PPI Refund help.

mazzywazzy

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.

amersall

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!! .

mazzywazzy

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!

amersall

You are so welcome x