PPI Reclaiming discussion Part II

hashxx

Hello everyone,
Barclays ppi problem..

I cannot work out my figures on how much to claim back from barclays,

I sent my first letter to barclays on 31st march , but was fobbed off with automated letters that they are investigating etec.etc the usual jargon..

here are my details of loan ppi etc

APR 9.9%
1 st loan of loan £7,800 cash loan premium loan
Total charge for credit £2054.40 £1622.56
Total amount payable £9854.40 £427.64
Monthly repayment £164.24 £2,050.20
number of repayments 60 60

refinanced with a second loan 12months later APR of 10.9%

Amount of loan premium loan
£13,100.00 £3808.20
Total repayment £18,568.20 £5,397.84
monthl repay £221.05 £ 64.26

total charge for credit cash loan premium loan
£5,468.20 £1,589.64

well i had finally had a call from barclays in liverpool customer services in regards to my complain..
They are going to refund £3,808.20 back to my loan, the woman on the phone said she would send all the information in writing still, still no reply by post..

would someone kindly assist me on my figures on what i should really get back from barclays...as i cannot work it out..

Any advice from you guys would be really much appreciated...

I have been looking on this site for many weeks now,

Thanks guys

marshallka

While i was out just down the docs the ombudsman has rang and told my son that they are looking into my complaint and that they are writing to me. I don't think this will be the one about freedom, i think it must be the firstplus settlement one. I had had a letter from them the other week saying it would be going before an adjudicator soon. I think they must of now asigned one and are looking into this. Does not mean it will be upheld but time will tell. They can only really check the settlement i think.

di3004

marshallka wrote: »

While i was out just down the docs the ombudsman has rang and told my son that they are looking into my complaint and that they are writing to me. I don't think this will be the one about freedom, i think it must be the firstplus settlement one. I had had a letter from them the other week saying it would be going before an adjudicator soon. I think they must of now asigned one and are looking into this. Does not mean it will be upheld but time will tell. They can only really check the settlement i think.

Good luck Marshallka, everything crossed here for you.;)
Hope its good news all round.;)

Di.
xx

marshallka

di3004 wrote: »

Good luck Marshallka, everything crossed here for you.;)
Hope its good news all round.;)

Di.
xx

Ahhhh, thanks for that Di, at least they are looking...:D

Absolut_Wench

Di3004, according to the FSA register HSBC, HFC Bank and Beneficial Finance were all authorised on 1st Dec 2001.

marshallka

hashxx wrote: »

Hello everyone,
Barclays ppi problem..

I cannot work out my figures on how much to claim back from barclays,

I sent my first letter to barclays on 31st march , but was fobbed off with automated letters that they are investigating etec.etc the usual jargon..

here are my details of loan ppi etc

APR 9.9%
1 st loan of loan £7,800 cash loan premium loan
Total charge for credit £2054.40 £1622.56
Total amount payable £9854.40 £427.64
Monthly repayment £164.24 £2,050.20
number of repayments 60 60

refinanced with a second loan 12months later APR of 10.9%

Amount of loan premium loan
£13,100.00 £3808.20
Total repayment £18,568.20 £5,397.84
monthl repay £221.05 £ 64.26

total charge for credit cash loan premium loan
£5,468.20 £1,589.64

well i had finally had a call from barclays in liverpool customer services in regards to my complain..
They are going to refund £3,808.20 back to my loan, the woman on the phone said she would send all the information in writing still, still no reply by post..

would someone kindly assist me on my figures on what i should really get back from barclays...as i cannot work it out..

Any advice from you guys would be really much appreciated...

I have been looking on this site for many weeks now,

Thanks guys

Was it refunded because it was missold and how much ppi did you actually pay (without interest).??

Also what was the original date of the loan and the settled date (if you have). It looks like they have forgotton about the interest you have paid????

Also what about the first ppi???

hashxx

Hi Malshallka,
The 1st loan was a single premium it is from 1/03/05 totol term was 60 months, then i refinanced it with another loan, on 31/3/06.

The first loan ppi is 60 months X £34.17 the APR is 9.9%
The second loan ppi is 84 months X £64.26 the APR is 10.9%

this is the details on the 2 loans.

So How do i work out what is due for refund.

They have accepted all that policies were mis-sold, and would refund it all in full, hoping to get a reply by post tommorow morning..

Many thanks

hash

Hope that helps marshallka

Thank you

hashxx

Hi Malshallka,
The 1st loan was a single premium it is from 1/03/05 totol term was 60 months, then i refinanced it with another loan, on 31/3/06.

The first loan ppi is 60 months X £34.17 the APR is 9.9%
The second loan ppi is 84 months X £64.26 the APR is 10.9%

this is the details on the 2 loans.

So How do i work out what is due for refund.

They have accepted all that policies were mis-sold, and would refund it all in full, hoping to get a reply by post tommorow morning..

Many thanks

hash

Hope that helps marshallka

Thank you

hashxx

Hello all,
Sorry bit of a newbie to posting on the forum, please excuse the double replies,,


Thanks

di3004

Absolut_Wench wrote: »

Di3004, according to the FSA register HSBC, HFC Bank and Beneficial Finance were all authorised on 1st Dec 2001.

Aww thank you hunni, this is great.;)

Di.
xx;)