I also had two other loan account numbers that I received full refunds as I cancelled the policies however they have offered a part refund of £413.65 as the loans were refinanced. They are offering me £134.09 for the premiums paid £134.95 excess balance and interest £269.04£180.76 interest at 8% less 20 % tax £36.15£413.65 is the total offer

agreement number 344581558 Refund of premiums £1496.648% statutory interest £862.83£172.57 deducted from 8% statutory interest Total offer £2186.90

I have a PDF now of all the letters sent in relation to there offer its 62 pages long but I can not hide my address on it as I dont know how to do it. I have all the figures from the redress letter agreement number 349591309 £326.85 refund of all premiums£210.13 interest at 8% upto 28th June less tax taken from 8% statutory interest uptil 20th June is £42.03Total offer of £536.98

No thats the total amount of them all after deducting the tax. They made me four individual offers and took 20% off each one. When I added them all up they came to £3100

The total offer was £3100 I had four offers in total and that was with the 20% deducted from each offer.

Hi the amount refunded was refunded in sept 04 i took the loan out dec 03 and they just paid the balance owing.

loan 3 is incorrect it was taken out aug 04

All figures from loan 1 £1000 cash loan apr 2.78% 36.9% monthly repayments £58.03 22/12/02 first payment Total charge for credit £400.75 Total amount payable £1400.75 number of estimated repayments 25 cash price payment protection plan £217.63 interest rate per month 2.78 38.9% mnthly repayments £12.19 first repayment dec 02 The loan was settled from the new account which was loan 349555201 taken out November 02 which was Loan 2 opening balance £1217.63 £1000 loan apr 41.9% monthly repayments £57.17 total charge for credit £429.25 total amount payable £1429.25 estimated number of repayments 25 PPI Plan cost £222.93 41.9% £12.74 monthly repayment total charge for credit £95.57 amount payable £318.50 25 estimated monthly repayments account settled dec 03 £873.11 from new account 349591309 18,979.78 Loan 3 opening balance loan £150000 10.9 apr 201.50 monthly repayment Payment Protection 3979.78 10.9 apr 53.46 per month repayment from 1st aug 04 120 monthly payments loan was repaid 2nd june 05 £16,606.71 settlement adj £2431.21 Loan 4 344558550 opening balance 3274.57 PPI 774.57 repayments 31.72 30.9 apr loan amount 2500 repayments 102.37 at 30.9 apr repaid oct 04 and 2528.91 and 102.37 from previous loan account

Hi yes I have copies of the credit agreements and statements with all the figures you need.

Hi just gone through another loan repayments from ppi are 12.19 per month however I settled the account from a new account to the amount of £873.11 and had settlement interest of £44.00

Hi it is also stating that my ppi repayments per month where £31.72 so the monthly figure is higher than what you originally suggested at £24.72 the spreadsheet is now calculating a figure of £315.47 but how do I calculate the amount from the date that I paid the loan in full and received a rebate from my PPI

The second loan I borrowed £1000 interest rate 41.9 % per month the ppi was worth £222.93 interest rate 41.9% per month it states monthly repayments on the ppi was £12.74

hI I have inputted the repayments into the spreadsheet however what do I do when it gets to the refund section on the statement as I repaid £102.37 and £2528.91 to settle the loan. This left the account £182.62 in credit and they wrote the amount off with settlement interest. In total the spreadsheet calculates I am owed £240.78.

Could someone tell me if the offer is right as I now have all statements for each loan

I also have been battling with welcome as they are using the offset ruling to use Ppi funds of 7k to pay off a debt in joint names. One party went bankrupt, the other party didn't pay a penny and has never been chased in five years as the debt was written off. I was thinking of going to court as I am discharged from bankruptcy can you advise of a good solicitor to act for me. Welcome put an unauthorised 2nd charge on my mortgage without there consent there fore can I not sue them for irresponsible lending.

Hi I responded to your email yesterday however I still havent had a response to confirm if you think the figures are correct and I really need to make a decision.

Loan amount 2500 interest rate 30.9% monthly repayment £102.37 over 36 months. Value of PPI £774.57 thats the first one .

HI all the repayments and figures are mentioned above. Do you need a breakdown of each one

I have tried to use the spreadsheet and its to complicated.

I have now received the statements and offers Loan 1 refund of premiums paid £326.85 they are giving statutory interest at 8% £210.13 and they are taking 20% tax £42.03 from 8% statutory interest. The loan was taken out 2/5/03 and the advance was £1222.93 with an intest rate of 2.95% per month monthly repayments of £12.74 2nd may 03 to 10th nov 04 the account was settled. £182.62 repaid 2528.91 and 102.37 when insurance cancelled 774.57 was repaid Loan 2 3979.78 payment protection premium interest rate per month 0.866 apr 10.9 and monthly repayments £53.46 the loan ran from 18/06/04 to 2/06/05. The repayment is £16,606.71 and there was a settlement adjustment of £2431.21 The refund of premiums £1496.64 and the staturtory interest calculated is 862.83. Less tax they wish to take at 20% is £172.57 Loan 3 217.63 2.75 interest per month loan started november 02 and ended dec 03 setled from new account 873.11 settlement interest 44.00. They are also offering me £413.65 for an excess balance and interest due from the remaining loans in the chain. this relates to two loans that were taken out in November 02 and December 03 for refunds of premiums £134.09 plus excess balance and interest of £134.95 plus interest calculated at 8% and less tax at 20% £36.15

Hi I challenged blackhorse finance and after many months of waiting i finally received an offer relating to four loan agreements. How di i email copies of the offers they have sent me to check the amounts are correct.

I spoke to Blackhorse yesterday and they have advised that I paid around £250 on four loans towards PPI over a period of 12 months for each and then they add 8% interest on. they have calculated for all four loans plus interest all they owe me is £1300. They have also said that a policy I took out I cancelled therefore they rebated me all that i had paid on it therefore they dont own me anything. Should they calculate that if they owe me 8% interest over a seven year period they would have to add 56 per cent in interest. They are sending me all the paperwork through via email so what do I do if I do not accept there offer. I have looked at my halifax offer and I had paid £550 and after interest they paid me £1990 and that was on just one loan. Thanks Lisa

Well they phoned me again today and they are saying as i settled all accounts early I am entitled to refund of premium paid over the time i paid it which was 12 months plus 8 per cent interest. However the interest is only payable for the year not the seven years i have been waiting for it. is this correct?

sorry there are several claims the earliest dating back to 2002 I must have got my dates mixed up.

Well I never thought it would happen however after a rejection letter I challenged the decision and I am awaiting my offer. I have been advised that it will take two weeks anyone any idea what i could get. Four loans one ppi valued at 6k however blackhorse advises me its 3k on a 15k ppi at £1000 and two others at £300 however all loans were settled within the first year. All the loans date back to almost seven years but i settled at 12 months. Can anyone give me an approximate value. They also advised they are going to compensate me for the distress caused.