PPI Reclaiming discussion Part II

maxdp

Hi Marshallka

Received my letter from FOS saying they had uphelp by complaint to Barclays before I even had letter saying that it had been passed to Adjudicator. That was April 17 my birthday and still not sorted:rolleyes:

marshallka

sarahc5388 wrote: »

I got a letter from the FOS dated 16 aug saying that they had passed my complaint to their casework support team to await allocation to an adjudicator, that's the last thing i heard! until today

Thats so quick. I think sometimes i put on here the other day, as soon as you send in a complaint before they assign an adjuducator they request things from the firm. The firm then makes a goodwill gesture without admitting liability just for the records as this then goes down on records as non admittal of anything so they don't lose brownie points with the authorities.

amtrakuk

marshallka wrote: »

But how much did you borrow and then what figures are on the agreement and the repayments, do they match the agreement??

On the "Homeowner Loan Agreement" the "schedule" says

The Loan: £10,800.00
The Administration Charge £200.00
Sub total: £11,000.00
Interest Rate: 1.1465% per month (APR 15.4%)

Total Payments in 84 months. The gross monthly repayment is states as £204.67. the final payment was £236.39 before I refinanced after 3 years and 3 months.

di3004

Hey folks "Martin Lewis" is now on Channel 5, just started 7:30pm, called
"It pays to watch"

Just thought I would remind you.:D :j

marshallka

amtrakuk wrote: »

On the "Homeowner Loan Agreement" the "schedule" says

The Loan: £10,800.00
The Administration Charge £200.00
Sub total: £11,000.00
Interest Rate: 1.1465% per month (APR 15.4%)

Total Payments in 84 months. The gross monthly repayment is states as £204.67. the final payment was £236.39 before I refinanced after 3 years and 3 months.

So did you actually borrow £10,800 and receive that amount from them??

Because looking here if you did there was no ppi paid if your repayments were actually £204.67 per month

Enter loan details

Loan amount (£) 11000
Repayment period in years 7
Annual interest rate (%) 15.4
Number of payments per year 12




Results

Amount per repayment (£) 214.74
Total paid over the life of the loan (£) 18038.20
Total interest paid during loan (£)7038.20

marshallka

maxdp wrote: »

Hi Marshallka

Received my letter from FOS saying they had uphelp by complaint to Barclays before I even had letter saying that it had been passed to Adjudicator. That was April 17 my birthday and still not sorted:rolleyes:

Are Barclays not paying up then or is it just the amount is so wrong??

amtrakuk

di3004 wrote: »

Hey folks "Martin Lewis" is now on Channel 5, just started 7:30pm, called
"It pays to watch"

Just thought I would remind you.:D :j

Thanks I didnt know it was on - setup series record

marshallka

amtrakuk wrote: »

Thanks I didnt know it was on - setup series record

see my post above with figures on

maxdp

marshallka wrote: »

Are Barclays not paying up then or is it just the amount is so wrong??

Disagreeing on amount and one loan they seemed to have forgotten,:rolleyes:

amtrakuk

marshallka wrote: »

see my post above with figures on

Let me go through my bank statements online and I'll see the cheque going in.