Welcome Finance PPI advice

[Woodi79]

Hi all,

Just been trawling through old paperwork from my 6 old welcome finance loans, courtesy of an SAR sent last year.

 

 

I have downloaded the spreadsheets and filled out two already.

 

 

Just wondered if i posted them would anyone be able to look?

 

 

I think ive got the hang of it from various members links and advice on other threads.

 

Any help greatly appreciated

 

Cheers

[dx100uk]

sure

[Woodi79]

Thanks

 

So i have attatched Loan 1 and Loan 2 spreadsheet.

 

Loan 1 PPI was calculated by finding the percentage of the PPI of the loan

then using that percentage to caluclate how much PPI was being paid on each payment.

 

Same as above was used to calculate Loan 2 PPI.

 

The remaining balance of Loan 1 PPI was then calculated from a percentage of loan 2

and the same method as above used to calculate the amount of loan 1 ppi on each payment of loan 2.

 

I think this is correct having followed an example in your link

 

My next three loans are like this so i guees you apply the same rules with regards carrying the ppi from each onto the next.

 

Thanks in advance for any help or assistance from anyone.

[Woodi79]

Noticed that i have medicare aswell, didnt know that and can i claim for this with ppi?

[dx100uk]

yes lump the together under PPI

 

 

dx

[dx100uk]

opps pers details showing

 

 

I'd rehash the lot

if each load refinanced the previous

then it will be ONE spreadsheet.

 

 

as they are all linked

 

 

claim to date leave that alone!

 

 

you are entitled to 8% until they settle

 

 

dx

[Woodi79]

Ok, i just assumed each PPI claim had its own spreadsheet. Does the same apply to the questionaire?

I will leave the date as is, I didnt realise the interest accrues until or if they settle.

Many thanks, I will keep thread updated.

Cheers

[dx100uk]

one spread

one FOS CQ

one covering letter

 

 

dx

[Woodi79]

Just been viewing the WFS threads.

Am I right in thinking that some of their charges/fees maybe reclaimable?

Have had a few phone call and letter charges! Not that I'm being greedy, just after reading some stories it makes you realise just how badly some people get fleeced by these co men. Glad I never chose banking/loans as a career

[dx100uk]

yes they are any fixed PENALTY fees.

 

 

dx

[intend]

Good luck - they are a hard nut to crack - some claims need to go via the FSCS

[Woodi79]

Cheers

from what ive read, anything pre 2005 should be dealt with direct with WFS and anything after to be handled by the FSCS.

Could be wrong, but im starting with WFS first and will take it from there.