PPI Claim

[ims21]

What would you like help with please?

 

If it is the calculations to see what you should be getting back, please have a read of No.1 in my signature and use the spreadsheets at the end to help you.

 

If you get stuck, shout here.

[ims21]

Not quite...you will need to use the spreadsheet in the link I have you because you are entitled to 8% interest on each payment actually made towards the PPI part of the loan. This 8% runs from the date of payment right up to the date of offer.

[ims21]

No...you need to read the article I linked you to.

 

You need to establish what the monthly repayment to wards the PPI part of the loan was.

 

You then list each and every one of one of those repayments into the spreadsheet, one under the other.

 

How long was the loan for?

 

Was it fixed rate or variable?

 

Did you make all payments on time and did the loan run its full term?

[ims21]

Ok so you need to list 60 payments of £206.23 in the spreadsheet giving the date of the payments. Set the "Claim to" date on the spreadsheet to today's date if it isn't already set.

 

When you have listed the 60 repayments of £206.23 the sheet will then give you the figures of what you could expect back.

[ims21]

And assuming that all 60 payments were made at the correct time .