Patricia Pearl - Small Claims Procedure - A Practical Guide


An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)



Last Will and Testament Kit


Make a legally valid will without the fuss and expense of a solicitor - includes a full step-by-step guide.

£9.99 + £1.50 (P&P)

BAILIFFS - The Law and Your Rights

Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.

The book is easy to understand and clearly explains the rights a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.

£13.95 + £2.00 (P&P)


Reclaim the Right Ltd. - reg. 05783665 in the UK

reg. office:
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London
NW11 7PE
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  1. 21st October 2009 10:54 #1
    dx_ dx_ is offline
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    Angry When claiming CC PPI..

    Do I

    A) have to work out the total PPIicon from the statements? The site I got the template letter from said I didn't need to work it out as it would be done for me.

    B) And if the credit card provider charged me 27.8%, can I claim back the 27.8% on top of the PPI? The same template letter only asked for a full PPI refund with the 8% interesticon the courts would award.

    Arrgh have I short changed myself and made an error?

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  2. 21st October 2009 12:18 #2
    birchave0 birchave0 is offline
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    Default Re: When claiming CC PPI..

    you need to use the information from you statements to work out how much you have paid in PPIicon.
    Each month will have a different amount as the balance on the account dictates how much PPI you will pay.

    When you have done that apply the amount of interesticon they have applied. If it was 27.8% then that is the interest rate you use.
    Calculate the interest on each months PPI. Then add all you months together to get a total sum. You then apply 8% simple interest to this amount.

    There are some calculators somewhere, will see if I can find them somewhere for you

    9-1-07 S.A.R - (Subject Access Request) sent:o !! Lloyds and Halifax!
    20-1-07 S.A.R - (Subject Access Request) sent Capital One
    20-1-07 S.A.R - (Subject Access Request) sent Halifax Card Services
    20-1-07 S.A.R - (Subject Access Request) sent Marbles
    20-1-07 S.A.R - (Subject Access Request) sent Halifax (Birchave0's sis)
    8-3-07 PPI refund Lloyds TSB Loan £1200 + £2900 off loan balance
    22-5-07 Halifax *Won* £1025
    23-9-07 Goldfish 8k balance written off, £2300 PPI + charges returned, no agreement
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  3. 21st October 2009 12:27 #3
    birchave0 birchave0 is offline
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    Default Re: When claiming CC PPI..

    ok this is the first calculator

    Compound interest calculator

    go through your statements starting with the oldest first. Put in the amount of PPIicon, the date, the interest rate and select the 12 monthly button. Press calculate. Then write this amount down. Do this for all of your PPI payments. It will calculate the Contractual Interest that you have been charged. Once you have worked out all of your amounts, add them up. This is the total amount of PPI + interest you have paid.

    Then put that figure into the next calculator which will work out the 8% simple interest. The final figure is the amount you are claiming back.

    Blake Lapthorn - simple interest calculator

    I've just worked this one out myself, you will get a bit of shock with the final amount

    9-1-07 S.A.R - (Subject Access Request) sent:o !! Lloyds and Halifax!
    20-1-07 S.A.R - (Subject Access Request) sent Capital One
    20-1-07 S.A.R - (Subject Access Request) sent Halifax Card Services
    20-1-07 S.A.R - (Subject Access Request) sent Marbles
    20-1-07 S.A.R - (Subject Access Request) sent Halifax (Birchave0's sis)
    8-3-07 PPI refund Lloyds TSB Loan £1200 + £2900 off loan balance
    22-5-07 Halifax *Won* £1025
    23-9-07 Goldfish 8k balance written off, £2300 PPI + charges returned, no agreement
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  4. 21st October 2009 14:05 #4
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    Default Re: When claiming CC PPI..

    I take it the final amount is good? Thank YOU birchave0!

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  5. 22nd October 2009 08:13 #5
    birchave0 birchave0 is offline
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    Default Re: When claiming CC PPI..

    no problem, happy calculating!

    9-1-07 S.A.R - (Subject Access Request) sent:o !! Lloyds and Halifax!
    20-1-07 S.A.R - (Subject Access Request) sent Capital One
    20-1-07 S.A.R - (Subject Access Request) sent Halifax Card Services
    20-1-07 S.A.R - (Subject Access Request) sent Marbles
    20-1-07 S.A.R - (Subject Access Request) sent Halifax (Birchave0's sis)
    8-3-07 PPI refund Lloyds TSB Loan £1200 + £2900 off loan balance
    22-5-07 Halifax *Won* £1025
    23-9-07 Goldfish 8k balance written off, £2300 PPI + charges returned, no agreement
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  6. 22nd October 2009 19:32 #6
    alanalana alanalana is offline
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    Default Re: When claiming CC PPI..

    And just to keep you on your toes have a look at this link.


    interest calculation spreadsheets

    I have no legal training and the advice I offer is a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner.
    ------------------------------------------------
    Bank charge successes:
    Halifax - Full settlement incl interest.
     HSBC - Settlement, goodwill no admission of liability about 75% of claim.
     RBS - Settlement, goodwill no admission of liability about 70% of claim.
    2 ongoing claims for bank charges with HSBC with more to come. (Supreme Court ruling could have upset these claims) They did
    PPI Successes
     PPI 4 settlements on 9 loans. FOS involvement on 7 added on the 8 % Statutory interest another 30% to both.
    2 claims settled in full with LV without FOS involvement.
    2 claims settled in full with HSBC without FOS involvement

    PPI Claims ongoing with:
    Cap one Now with the FOS
    Barclays. Paid up today 24/04/10 cheque received for over £4,500 and in the bank.
    LTSB still have to decide on this as their SAR production was abysmal. Papers data mixed up documents missing etc

     1 Complaint not upheld by FOS they said it was ICO issue. Complaint upheld by ICO. See this..
     Post 290 from
    ***RBS PPI Claim Long fight but, WON***
    Please do not PM me for advice as it may be sometime before I can respond.

    Keep at them. Do not give way and do not accept all they tell you, they will delay and stall for as long as they can to prevent repaying you your mis-sold PPI.
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