Thread: Help needed working out PPI Claim

Originally Posted by traceyb918

Hi

Can anyone help with working out PPI i've been through all my stmts and worked out ho much I paid but how do i work out what is owed?:?

Hello Tracey,

Is this for a credit card or loan please.

If it is for a credit card, be mindful that the ppi payment would attract monthly interest So make sure that you apply that to your spreadsheet.

You need to use one of the spreadsheet kicking around the forum, to work out the interest you require to be paid back with the ppi premiums. I use the one in the bankcharges template sticky on the main page of the forum, but there are others

Are you going for the 8%interest or the interest rate they charged you

Come back if you need assistance.