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EGG miss-sold PPI!! FOS found in MY favor! YEAHHHH!!!


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Ok so can I use the spread sheet or is it for credit cards rather than loans? Really trying to get my head around it so I can at least have an idea of how much I may get back!

 

Please post the link to your thread and we'll look at it there so that we don't hijack Kate's thread.

 

Is this the one?

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?312155-Egg-decision....Advice-please&p=3479747#post3479747

 

Thanks

 

ims

 

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ims - really appreciate the work you have done on the spreadsheet. I have been trying to get the calculations right, but I don't know what I am doing wrong. Whenever I enter a date or charge amount I am getting VALUE in the total or nothing. I also can not put anything in the end date of claim?

Am I doing something wrong?

Thank you

Kate

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

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Hi Kate

 

Been out for a beer so will not update tonight for obv reasons. simple error on my part...will correct first thing Sunday and will post up then

 

Sorry

 

ims

 

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ims - really appreciate the work you have done on the spreadsheet. I have been trying to get the calculations right, but I don't know what I am doing wrong. Whenever I enter a date or charge amount I am getting VALUE in the total or nothing. I also can not put anything in the end date of claim?

Am I doing something wrong?

Thank you

Kate

 

Hi Kate

 

Just checked my copy and it works ok.

 

Make sure you save the spreadsheet to your hard drive rather than work just by opening the sheet from the link in the post.

 

Make sure you have an APR entered in cell D10

 

Let me know if you still have problems.

 

Regards

 

ims

 

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Really pulling my hair out!

Done as you have advised - got my other half to check it out as he is pretty good with excel (IT degree) - but he says he doesn't want to mess with the formulas. Would it be possible for you to put a couple of examples on the spready and post it up again?

k

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

Link to post
Share on other sites

Really pulling my hair out!

Done as you have advised - got my other half to check it out as he is pretty good with excel (IT degree) - but he says he doesn't want to mess with the formulas. Would it be possible for you to put a couple of examples on the spready and post it up again?

k

 

OK....gimme a few mins

 

ims

 

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WOW, that was quick - thank you - off to put the kettle on!

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

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Share on other sites

was this not PCM PPI+CI+8% ... for each month?

 

as its a card not a loan and its going to court?

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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yes dx

K

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

Link to post
Share on other sites

Hi, problem was the formatting of the cells. I had to input the date in in the U.S. format. I think it may have just been my pc, but just in case this is what I had to do. Highlight a21 date cell, right click - format cells. Number column look for date and select, just in case it's in U.S. locale, change it to uk. As I say I think it was a problem with the settings on my excel. It seems that once it's changed it applies to all documents old and new. Sorted now thank god!

 

Thank you so much for this one ims, and your patience.

Will get my lba off now with confidence.

Hope you enjoyed yourself last night

K

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

Link to post
Share on other sites

Hi, problem was the formatting of the cells. I had to input the date in in the U.S. format. I think it may have just been my pc, but just in case this is what I had to do. Highlight a21 date cell, right click - format cells. Number column look for date and select, just in case it's in U.S. locale, change it to uk. As I say I think it was a problem with the settings on my excel. It seems that once it's changed it applies to all documents old and new. Sorted now thank god!

Phew....thought it was me!.....Glad it's all good now

 

Thank you so much for this one ims, and your patience.

No Probs...glad to help

Will get my lba off now with confidence.

Hope you enjoyed yourself last night

A bit too good judging by my head this morning :razz:

K

 

Regards

 

ims

 

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ims,

Really sorry to have to do this but I am still having problems with the calculations on this spreadsheet.

There is an error with the way the statutory interest is worked out.

To quote dx from another thread of mine

"its 8% to the total of [charge+their int] PCM from each charges date"

The thread I am talking about is here

http://www.consumeractiongroup.co.uk/forum/showthread.php?304721-Help-with-PPI-Calculation-please!

 

eg - (Charge + CI) + 8% = total

 

the way you have worked it out is by adding the charge + CI + 8% of the charge not the CI and the Charge added together.

Does this make sense?

Just makes a big difference to my figures.

 

I will ask dx to check I am not talking rubbish first.

 

I will get there in the end.

Hope your having a good day?

K

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

Link to post
Share on other sites

i would never doubt ims's excel skills

 

use the new one

off you go.

 

p'haps a quick note to the spreadsheet

that it is only for court use once papers are filed.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

ims - works perfectly - thank you so much! I am sure it will be really helpful to other out there too.

 

dx - are you saying that I should only be asking Egg for the 8% when it goes to court. Just fos are saying they should be paying back the 16% CI plus the 8% statutory from the off as part of their redress guidelines. Oh man I am getting confused now! The reason I am pushing it with Egg is because they haven't paid back the 8%.

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

Link to post
Share on other sites

whats that beatles song theyhad a hit with.................

 

i wanna hold your hand............

 

you can only add the 8% to your claim once filed for court.

 

up until that point, its CI only.

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Hi Kate

 

No problem.....I'll build an Excel sheet for most anything.

 

But, I would also ask that you make absolutely sure that you have your back up for the interest you are claiming. (and everything else for that matter). Be very prepared if your going to court and don't think it is necessarily going to be a pushover.

 

If I were you I would have that previous sheet as a backup in case the Judge says no to the later one.

 

The reason I say this is that your compound interest is cumulative on itself. So by way of example you have a payment that is made 100 days ago, compound interest would add to itself over a period of 100 days. If you take 8% interest on the charge + the compound interest on that charge for the period of 100 days, you are effectively claiming 8% on some of the compound interest that hadn't accrued yet.

 

Charging compound interest puts you back in the position you would have been because you are getting back what they have charged you. 8% on the charge gives you some compensation.

 

ims

 

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Why are fos saying they should be paying 16% plus the 8% then?

I could cry...... spent forever trying to work out the calculations.

:(

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

Link to post
Share on other sites

I will try and find it - don't worry - I have other battles to fight! Onwards and upwards!

Thanks anyway

K

PPI REFUNDS

HALIFAX - Loan PPI full refunded + 8%

HALIFAX - Credit Card PPI full refund + 8%

EGG - WON!

MARBLES/HFC - N1 Submitted

MORGAN & STANLEY - [/WON!]

 

CREDIT CARD CHARGES REFUNDS

 

HALIFAX - Credit Card Charges full refund + 8%

MARBLES/HFC - N1 Submitted

EGG -WON!

BARCLAYCARD - WON!

BARCLAYCARD 2 -WON!

MORGAN & STANLEY - Full refund + CI

 

CAG has been amazing and a real God send! Thank you so much to all the people who help to make this the place it is and dedicate their time to help people like me! Please donate to help keep this site alive! It's Priceless!!!!!

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Share on other sites

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