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Reclaim the Right Ltd. - reg.05783665 in the UK
reg. office:- 923 Finchley Road
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NW11 7PE
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| | | | | | | Payment Protection Insurance (PPI) The misselling of Payment Protection Insurance is widespread, and believed to run into billions of pounds. This forum will help you to see if you have a valid claim for a refund, and guide you through the process. | Welcome to The Consumer Action Group
and
The Bank Action Group
Before beginning to claim your bank charges be sure to read the FAQ by clicking the link above. Read it carefully and also read as much of the forum material as you can manage before you start claiming your bank charges refund.
You will have to register before you can post or view the materials which may assist you in reclaiming your penalty charges: click the register link above to proceed.
To start viewing messages, select the forum that you want to visit from the selection below. Understand what you are doing and you will be able to Reclaim the Right more effectively.
Why don't you come and introduce yourself in the Welcome section at the top of the forum. Then have a look around the rest of it.
Do not post or start claiming until you have read the entire FAQ section and step by step guides and you have a good basic idea of what to do and of the layout of the forum.
Good luck claiming your bank charges. We strongly suggest that you register under a UserID and not your own name |  | 
25th October 2007, 19:16
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#1 (permalink)
| | Basic Account Customer |  Help, PPI interest calulation info needed
Hi
can anyone give a really easy breakdown with all the + - x / etc so that i can attempt again.
i have tried to link into the spreadsheet, but my comp wouldnt let me!
just in case i still cant get it, my figures are as follows:-
Loan approx £48,000 September 04
PPI £24.25pm over 17 years
37 payments made to date
6.5apr at time loan taken out fixed at 5.99% (whatever that means) for 7 years.
i dont even know if the ppi is covering me for the whole 7 years or only covering me for 5, no one told me or asked if i wanted the ppi in the first place.
i have no idea of the cost of the total PPI cost, it wasnt discussed with me, and i have no paperwork giving me any breakdown and total cost figures.
doing one for my friend as well same sort of thing.
Loan £41,300 over 3000 months (this sounds forever)
PPI £20.65 over the same period???
7.30apr at time of loan (not fixed)
132 payments made to date.
i think that is everything, apart from 'dear god please dont let me be the only bimbo out there that cant figure how to work out the PPI interest.'
any assistance appreciated. | 
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25th October 2007, 21:49
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#3 (permalink)
| | Platinum Account Customer | Re: Help, PPI interest calulation info needed
Quote:
Originally Posted by diskmandave  250 years to be exact.  | Hiya Dave
Hope you are well and still strutting your stuff, you star 
250years :o will you live that long, surely it should be 300 months
Best start a new thread on the ppi forum, you will get help and support with these matters, but the problem is we may not live that long.lol | |
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NW11 7PE
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