Evening all, this site had made enthralling reading over the past few months and I dread to think of the amount of time I've spent reading on here in that time!!
So far I have claimed back £600 with 2 claims, the outstanding larger ones are at the court stage and have obviously taking longer.
I sent a prelim letter regarding ppi on 24th March and have heard nothing, so I am tonight filling out yet another court claim, it is this I need the help with.
I took out a loan for £8150 on 12th June 01 ( just made the deadline!
), I was told I had to take out ppi which was added to the loan, this cost an extra £1173.33, so the total loan value was £9323.33. The repayments were £211.96 for 5 years ( 60 months ) so £12717.60 was repaid.
With the figures I have given here is there anyone who could please work out what my APR is?
The reason I ask is I would like to reclaim the interest at the same rate instead of the 8%.
Hope this makes sense, thanking you in advance
.
Gary
Maths help please 
