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Joanneright

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Posts posted by Joanneright

  1. hi

     

    took out a Barclays loan in 2000 for 3 years

    the loan was 5600 and 899.98 added to the start of the loan

     

    monthly repayment s was 225.36 for 36 months around 8460.

     

    round about 1800 is interest for loan and ppi interest

     

    but looking at statement they sent

    they have added interest charged each month on top over the 36 monthly repayments

    which then comes to around 9870.00

     

    my loan was only 5600

    loan was paid off

    ppi over 36 months

     

    how do I calculated my refund and can I claim this extra interest charged aswell added

     

    they wont give me apr but its around 19 per cent id say as its 16 years ago

     

     

    but half way through the statements from june 2002 until dec 2002 they don't have copys of monthly repayment which strange

  2. Hi need advice Mr lender I've had a few loans with them some for 30 days and some 6 months the last one was 1000.00 for 6 months taken 1/05/15 interest 0.8% therefore first payment due 25/5/15 for £326.66 breakdown 166.00 capital interest £160.00 then today 2/5/15 I paid £500.00 off toward the loan therefore I've paid £826.00 within 10 days but there have said my payments will be 25/6/ £201.33 ie 66.66 capital plus £134.67 in then

    July 66.66 capital interest £61.87

    Aug 66.66 capital interest 51.00

    Sept 66.66 capital interest £33

    Oct 66.66 capital interest £14.00

    I think it's totally wrong how they have worked this out as my balance on 25/5/15 was £833.34 then 25/6 payment £201.33 balance outstanding £268.56 how have they worked this out as my capital for next 5 monthly repayments are £333.00 therefore surely the interest should be only 90 over the 5 months need advice to reclaim interest back and for previous loan

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