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.
i have ongoing PPI complaint and they told us over the phone that we need to have PPI as the loan was of big amount for secured loan
and they wouldnt release the loan if we don't take ppi and at present they are being investigated now.
the problem is if being successfull fingers crossed how would i know if i am getting the right refund,
i tried several formula from this site but going nowhere.
i followed IMS21 formula but getting differnt amount and i cant find that thread now.
cash loan :22000
ppi :6380
APR (variable) 12.9%
int rate per annum 12.23%
monthly payment 434.58 variable for 108 months started 11/5/2006
a sort of fire-fighting role here. Hate HFC & their compulsory PPI ethos
Posts
45,274
Re: ppi refund
total cash price PPI / total cash price loan * 100 = %
6380/22000*100=29%
% of PCM = PPI PCM
29% of £434.58[PCM]= £126.03 PCM
fill in below for EVERY MONTH you made a payment.
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It says on award calculation £1816.26 after i've filled in the relevant field upto this month. PPI premium £6380
charge for credit £4170.52 for 108 months
the loan is still running and we have 3 more years to pay
how much refund approximately would we get so we wont rip off again?
many thanks again
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
Please consider making a small donation to help keep this site running
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
Please consider making a small donation to help keep this site running
a sort of fire-fighting role here. Hate HFC & their compulsory PPI ethos
Posts
45,274
Re: ppi refund
can you scan up the agreement please
scan the required letters/agreements/sheets - as a picture[jpg] file
don't forget you can use a mobile phone or a digital camera too!!
.
ENSURE: remove all pers info inc barcodes etc using paint program
but leave all figures and dates.
.
goto one of the many free online pdf converter websites
it would be better to upload a multipage pdf if
you have many images too rather than many single pdfs
.
or if you have PDF as an installed printer drive use that
or use word and save as pdf
.
open a new msg box here
hit go advanced below the msg box
hit manage attachments below that box
hit the add files button on the top right
hit select files, navigate to your file[s] on your pc
hit upload files
.
.
dx
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
Please consider making a small donation to help keep this site running
hi dx,
sorry dx it's too technical for me to download what you've ask me to do, i'm not that literate in computer.I've read some previous post here and this is the calculation that came up. i've done the calculation as a fixed APR eventhough our APR is variable and our monthly payment now is higher than below.
Agreement: Amount of credit for
Cash loan £ 22,000.00 PPI £6380.00
Duration (months) 108 108
monthly payment £336.89 £97.69
APR (variable) 12.9 % 12.9 %
total charge for cedit £ 14384.12 £4170.52 interest rate per annum 12.23 % 12.23%
Variable
Summary: total borrowed £28380
monthly payment £434.58
CAlculation
statin
Award calculation : monthly payment PPI £7033.68
8% simple nterest 1720.12
total £8753.80
loan analysis
on the 73rd month column D £301.69
column E £132.89
column F £12739.69
thank you again for your patience
In the spreadsheet that dx gave you just list the payments of £97.69 giving the date of payment, a description (i.e. PPI Payment) and the amount (£97.69).
If your repayments changed due to it being variable rate, just work out what 22.48% of the total monthly repayment was and enter that figure in the list.
Do that for every payment you actually made.
The spreadsheet will do the rest.
You don't need to enter anything to do with interest rates as that is already included in your monthly repayment.
ims
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7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
Please consider making a small donation to help keep this site running
hi ims, i'm actually followed calculation from your previous post here. i've just put fixed payment as i do'nt have exact figures of payment but it is not less than £434.58 permonth so what i am trying to find is only rough estmate of rebate if successful and tthis what came up:
CAlculation
statin
Award calculation : monthly payment PPI £7033.68
8% simple nterest 1720.12
total £8753.80
loan analysis
on the 73rd month column D £301.69
column E £132.89
column F £12739.69
thank you again for your patience
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
Please consider making a small donation to help keep this site running
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
Please consider making a small donation to help keep this site running
ppi refund
complaint and they told us over the phone that we need to have PPI as the loan was of big amount for secured loan
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