PPI Reclaiming successes and failures

di3004

I am not sure though if £1299.19 is the amount to be received, or if they actually mean......

£261.57 + £989.36 + £1299.19 = £2550.12

robbedofmymoney

di3004 wrote: »

I am not sure though if £1299.19 is the amount to be received, or if they actually mean......

£261.57 + £989.36 + £1299.19 = £2550.12

they do say the 1299 is an additional payment though, this is whats a little wierd.
and 989 is far too high for the 8% on 261 going back to 2002

for instance if it was the whole 261 from jan 2002 until today the 8% would only be 177

but if i do 1299 + 261 from jan 2002 it comes out at 1060
if i move the 1299 + 261 (1560) to august 2002 it comes out at 988

so i think you are correct in getting back a full 2550, nice :beer:

di3004

200110/11/2001

£6,200.00 loan
£1,430.57 ppi
£7,630.57 total loan
10/12/2001
£174.40
£141.70
£32.70
14.00%
60

There were 8 payments made before settlement.

robbedofmymoney

di3004 wrote: »

200110/11/2001£6,200.00£1,430.57£7,630.5710/12/2001£174.40£141.70£32.7014.00%6098.00%30/04/2010£5,933.08£996.72

???????????????????????????????????????????:rotfl:

di3004

robbedofmymoney wrote: »

???????????????????????????????????????????:rotfl:

LOL, just had to reposition this........:o:rotfl::rotfl::rotfl:

robbedofmymoney

i think what it shows is you didn't get a rebate on the ppi at the time of early settlement. in which case the 2550 is correct.

the numbers seem to stack up on that basis.

di3004

I think there was a rebate though........:eek: £996

robbedofmymoney

di3004 wrote: »

I think there was a rebate though........:eek:

i think on this one its a case of wait and see, if you budget for the 261 + 989 the rest will be a bonus.

if you know the exact rebate amount i can have a proper look at what you should be looking at in total.

because of the 8% value they have published at 989 it would seem this is based on the 1299 + 261 so i would expect £2550

would be worth ringing them (or e-mail) just to confirm the overall total is £2550.

di3004

I am going to have to check on this, had so many policies with them lol:D

robbedofmymoney

di3004 wrote: »

I think there was a rebate though........:eek: £996

sssssssssssshhhhhhhhhhhhhhhhhhhhhhh:rotfl: