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Help with ppi calculations


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I recently received a PBP pay out of £2439.55 although this was used to offset a different account I have with Barclaycard collections despite having a repayment plan in place I'm happy with.



The breakdown for the amount is.



PBP cover £825.95

Fees £36

Interest on premium and fees £1322.53

Income tax deduction £63.76

8% interest compensation £318.83



The problem is I was given no information as to how these calculations were made and what they were based on. The time period was 75 months and my APR was 29.9%.



What also confused me was when I rang Barclaycard the operator initially quoted a figure of £4310 and quickly backtracked when I questioned that figure.



How do I know these figures are accurate? And could I get the money paid to me rather than it offsetting a debt I was repaying?



Thanks for reading.

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you'd need to sar them.



and ask for a complete breakdown of the calcs by letter too.




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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