PPI Reclaiming discussion Part II

di3004

maxdp wrote: »

Hi Di

How your son now have you heard back from LEA? Hope things get sorted is he back at school.

You lucky to have your sister coming down and being an accountant she should short your paperwork out:rotfl:

Hi there Maxdp

Thanks for asking hun and yes he is gradually getting there and happy now the schools have a week off.
Also as they have the first Monday off after the week off due to inset teacher training he is well chuffed and will probably spend a bit of time up his aunts farm.;)

The deputy head rang yesterday and agreed for him to remain at home until something is sorted out, so hubby called at the school for some work to get on with, he has been getting on with that, and on the day he goes back, me, hubby and son have an appointment first with the main head of the school, and further arrangement will be made for a meet up between us, the LEA, ED pysch etc, sorry was meant to post yesterday to update.

Thanks so much for asking.:A xx

Yes she is actually a solicitors chartered accountant, and this has been her only job since she left uni, she is 46 now or coming up to that age lol.

I need to nab her while I can.......:D , there are so many to deal with, where I would take months, she will get them all checked within a day lol.

maxdp

di3004 wrote: »

Hi there Maxdp

Thanks for asking hun and yes he is gradually getting there and happy now the schools have a week off.
Also as they have the first Monday off after the week off due to inset teacher training he is well chuffed and will probably spend a bit of time up his aunts farm.;)

The deputy head rang yesterday and agreed for him to remain at home until something is sorted out, so hubby called at the school for some work to get on with, he has been getting on with that, and on the day he goes back, me, hubby and son have an appointment first with the main head of the school, and further arrangement will be made for a meet up between us, the LEA, ED pysch etc, sorry was meant to post yesterday to update.

Thanks so much for asking.:A xx

Yes she is actually a solicitors chartered accountant, and this has been her only job since she left uni, she is 46 now or coming up to that age lol.

I need to nab her while I can.......:D , there are so many to deal with, where I would take months, she will get them all checked within a day lol.

Glad things getting sorted with your son Di. You should be able to get some good inside info re your sister. May be able to help us all:T

pinknico

di3004 wrote: »

Hi there Maxdp

Thanks for asking hun and yes he is gradually getting there and happy now the schools have a week off.
Also as they have the first Monday off after the week off due to inset teacher training he is well chuffed and will probably spend a bit of time up his aunts farm.;)

The deputy head rang yesterday and agreed for him to remain at home until something is sorted out, so hubby called at the school for some work to get on with, he has been getting on with that, and on the day he goes back, me, hubby and son have an appointment first with the main head of the school, and further arrangement will be made for a meet up between us, the LEA, ED pysch etc, sorry was meant to post yesterday to update.

Thanks so much for asking.:A xx

Yes she is actually a solicitors chartered accountant, and this has been her only job since she left uni, she is 46 now or coming up to that age lol.

I need to nab her while I can.......:D , there are so many to deal with, where I would take months, she will get them all checked within a day lol.

Glad things are looking more positive Di. x

di3004

maxdp wrote: »

Glad things getting sorted with your son Di. You should be able to get some good inside info re your sister. May be able to help us all:T

Thanks hunni.:D :A

Well I do hope so, she is always a bizzy lizzie though, her hubby is that one I told you about before, a private air pilot and is on TV very often, the lucky thing flies directors, film and pop stars and I am still waiting for autographs.....:rolleyes:
They have one son he is 8 years old now and has been the first to earn his highest belt in tai kwon do, or whatever it it, he is a right cutie though lol....:p

di3004

pinknico wrote: »

Glad things are looking more positive Di. x

Thank you Pinknico.....:A , hope your well hun.;)

Anything from the FSCS yet hunni ?

pinknico

di3004 wrote: »

Thank you Pinknico.....:A , hope your well hun.;)

Anything from the FSCS yet hunni ?

Not a thing, though I have found some companys on their default list that say, "in Liquidation" but even though Picture is officialy in liquidation it isnt listed in the default bit yet .

di3004

pinknico wrote: »

Not a thing, though I have found some companys on their default list that say, "in Liquidation" but even though Picture is officialy in liquidation it isnt listed in the default bit yet .

It all takes time I think.......

marshallka

di3004 wrote: »

I hope Tiggrae does come along at some point hun, not on hols is she by any chance ?

You defo should have yours back and yours was very unfair, you hardly had a penny back with yours and I think its disgusting !

But yes if Tiggrae came along maybe she could clarify on this.;)

I am still here but just getting all this paperwork in order for my sister, its everywhere lol, the one I have here in front of me know was a lloyds loan with ppi, joint loan:

Loan £10K
monthly repayment £154.23

PPI £2,241
Monthly repayment: £154.23

Total loan
£12,241.37
Monthly total repayment (comes out together) as £188.80

Price of loan protection: £2,241.37
Interest on loan protection: £662.42
Total price of PPI: £2,903.79

Regenerated cross in loan protection.

22 Dec 2004
loan: £10,000
insurance £2,241.37 in account total of £12,241.37


84 months loan

10 repayments made of £188.80

interest ranged from £73 to £79 a month

Final payment made was £9,676.45 and other £1,658.23

Interest charged = £65.40
Early settlement fee = £140.14

Interest, charges, withdrawals, loan repayments: = £13,222.68

This is how it is on the statement, it was settled in full Nov 2004.

Tiggraes calculation here so not sure but this is for MISSELLING here and not unfair rebate

2903.88 total PPI
34.57 PPI repayments.
34.57 x 10 = 345.70 Total PPI paid during time of 10 months
2903.88 - 345.70 - 1658.23 (if this was the actual rebate against the PPi and looks like it was) = 899.95

899.95 + repayments made 345.70 = £1245.65 so this is the amount you were actually charged for the PPI plus you need to add on the statutory interest..

di3004

marshallka wrote: »

Tiggraes calculation here so not sure but this is for MISSELLING here and not unfair rebate

2903.88 total PPI
34.57 PPI repayments.
34.57 x 10 = 345.70 Total PPI paid during time of 10 months
2903.88 - 345.70 - 1658.23 (if this was the actual rebate against the PPi and looks like it was) = 899.95

899.95 + repayments made 345.70 = £1245.65 so this is the amount you were actually charged for the PPI plus you need to add on the statutory interest..

Wow thanks hun.;)

Didn't I add the same monthly repayment twice for both the loan and the ppi ? lol:o

Okay loan repayment a month for £10K = £154.23
PPI for £2,241.37 = £34.57
Total monthly = £188.80.

Optional payment protection - regenerated crossed as yes
Premium advanced as part of loan was also regenerated crossed as yes.

Price of PPi = £2,241.37
Interest on protection = £662.42
Total price of protection = £2,903.79

I did not miss any details out on this then did I ? lol

So if successful they should put it back as if I did not take the ppi in the first place.

marshallka

di3004 wrote: »

Wow thanks hun.;)

Didn't I add the same monthly repayment twice for both the loan and the ppi ? lol:o

I did realise this and did not calculate using both lol..