PPI Reclaiming discussion Part II

di3004

marshallka wrote: »

You did have a rebate Di of the £1676.45 though....

Cheers hun, please could you tell me how you worked that out? thanks.;)
If you don't mind ......:D :T

marshallka

di3004 wrote: »

Yes it was the biggest amount of £9676.23 to settle as it was only 10 months into a 84 month loan, and do not understand why they also have the £1,658.23 right underneath in the Direct debit part ? because I do not recall of the lowest figure.

Where I have added the payments on one of the above posts the longest post then, also note balance after that of minus - balance -205.54 then they charged interest when settling that on the amount of £65.40 then minus balance of - 140.14 which was then early settlement fee of £140.14 then nil balance.

Yet when you add the whole lot up at the end of it the total amount for 10 months paid in was that of £13,222.68 which obviously includes the figures of £9,676.45 + £1,658.23.

But you would have actually paid the £9676.45 although you owed them more and then the amount of £1658.23 was (lets say left owing but they did not take that payment from you, they gave it to you as a rebate)

di3004

marshallka wrote: »

But you would have actually paid the £9676.45 although you owed them more and then the amount of £1658.23 was (lets say left owing but they did not take that payment from you, they gave it to you as a rebate)

Cheers hun, yes I see your point but just confused where that other amount had come into this.
Right then, so for mis selling then to be put back to the position if we did not take the ppi is that of the remainder of the ppi + int I would take it then ?

marshallka

November final payments here

Nov interest £73.23 balance = £11,129.14(This amount was what was left to pay when you wanted to settle then you paid them a settlement of £9676.45 which still left a balance that you owed of £1452.69. They then gave you a rebate of £1676.45 against the PPI policy and this then left you in credit by £205.54. This was then taken as there was still interest of £65.40 owing and also you had a settlement fee of £140.41.


29 Nov final payment of £9,676.45 balance = £1,452.69


30 Nov other of £1,676.45 balance = - 205.54


30 Nov Interest charged £65.40 balance = -140.14


30 Nov early settlement fee £140.14 balance = 0.00

So when you settled you had a balance

marshallka

di3004 wrote: »

Cheers hun, yes I see your point but just confused where that other amount had come into this.
Right then, so for mis selling then to be put back to the position if we did not take the ppi is that of the remainder of the ppi + int I would take it then ?

This is the amount you are looking for back for misselling here

£1227.43

That is what it actually cost you as you had a rebate...

marshallka

One for you here Di about record keeping of dissolved companies

http://www.insolvency.gov.uk/freedomofinformation/technical/TechnicalManual/Ch1-12/Chapter10/part6/part_6.htm

di3004

marshallka wrote: »

This is the amount you are looking for back for misselling here

£1227.43

That is what it actually cost you as you had a rebate...

Wonderful thanks hunni....:D

I do have more to work out but they are a mixture of higher and lower loans the next one is that of £16K that one has ppi too not shown on that amount think that one was ppi of £4K on top of the £16K, the lowest loan is that of £6K, ppi of approx £2.5K on top of that one, but one of these were refinanced obviously had the bigger loan to refinance, not got to check them out properly yet.

Its me, I get confused with both the mis selling and unfair rebates lol...:o

di3004

marshallka wrote: »

One for you here Di about record keeping of dissolved companies

http://www.insolvency.gov.uk/freedomofinformation/technical/TechnicalManual/Ch1-12/Chapter10/part6/part_6.htm

Brilliant, will take a look at this, thank you so much.

I would be happy to get my money back from the toothpaste clang lol, but not too sure if that will happen though, will just have to wait and see.

di3004

marshallka wrote: »

One for you here Di about record keeping of dissolved companies

http://www.insolvency.gov.uk/freedomofinformation/technical/TechnicalManual/Ch1-12/Chapter10/part6/part_6.htm

hmm look here......:rolleyes:

10.66 Dissolved company
Where a company has been dissolved [note 8]. records can be destroyed without reference to HM Revenue and Customs, whether or not destruction takes places within the first year after the winding-up order, so long as HM Revenue and Customs have been sent notice of the winding-up order and also either notice of intended early dissolution or notice that the official receiver intends to apply to the Secretary of State for his/her release, whichever is appropriate. If HM Revenue and Customs are not creditors (or in the case of the official receiver applying for his/her release have not notified the official receiver of their debt [note 9]) and would therefore not normally receive either of the latter notices, an equivalent notice should in any event be sent to HM Revenue and Customs if the company was or should have been a VAT-registered trader.

marshallka

di3004 wrote: »

Wonderful thanks hunni....:D

I do have more to work out but they are a mixture of higher and lower loans the next one is that of £16K that one has ppi too not shown on that amount think that one was ppi of £4K on top of the £16K, the lowest loan is that of £6K, ppi of approx £2.5K on top of that one, but one of these were refinanced obviously had the bigger loan to refinance, not got to check them out properly yet.

Its me, I get confused with both the mis selling and unfair rebates lol...:o

God Di, how many do you have:eek:

We had 5 loans ever in our lives....