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PPI reclaiming interest question


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Hello

 

i am about to try and reclaim my miss-sold ppi from beneficial finance and i just need help calculating how much interest i can claim

 

im going to reclaim via the courts i already know i can add the statuary 8% interest but can i also add the interest they charged me for the loan which i think is 19.9%

 

im finding it difficult to calculate because my was a monthly paid premium and the PPI calculator only seems to work for single paid premiums

 

ive already used the spreadsheet from the bank charges section for the monthly payments and i want to add another column for the the loan interests next to the statutory 8%

 

can anyone help?

 

thanks

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Sem,

 

have a look for Pompeyfaith. He is the main man for interest calcs

 

aa

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 :mad:

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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