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Ppi advise please
happys
Posts: 11 Forumite
I have just been offered £336.23 from lloyds credit card is the amount right please, card balance on 2006 -£4869.00 thats what the balance would have been on july 2006 -£5054.41 the difference is £185.41 plus interest of 8% = £188.53 less basic tax -£37.71 which gives me the offer of £336.23.That is what they are sending to me, would some one advise me please.
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Comments
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is the amount right please
We dont have access to your statements. So, we cant say.
However, ballpark wise and given the short period, the figure seems about right for expectation.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Remember if you are not a tax payer you can claim the tax back
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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