Spreadsheet with interest

[chezt]

just about to do a prelim letter regarding charges what inteest rate should i put into last column as 8% is only needed for court proceedings....

new to this........

 

You need to put the interest rate your bank has charged you if you want to claim this back

 

HTH?

[itsmeandonlyme]

Hello guys,

 

I need some help....And, to be honest with you i am stack..so any advise would be highly appreciated....

I am recovering my charges for the PPI and Healthcare of the Loan from Welcome Finance...

I have received statements with Intrest posting and it looks like they are using Rule 78. Can anybody advise me which spreadsheet i should use to culculate the charges for PPI, Healthcare and Intrest of 3%????

 

Thank you.

[bill-k]

You need to put the interest rate your bank has charged you if you want to claim this back

 

HTH?

Just to clarify - use their current publishedinterest rate.

[bill-k]

Hello guys,

 

I need some help....And, to be honest with you i am stack..so any advise would be highly appreciated....

I am recovering my charges for the PPI and Healthcare of the Loan from Welcome Finance...

I have received statements with Intrest posting and it looks like they are using Rule 78. Can anybody advise me which spreadsheet i should use to culculate the charges for PPI, Healthcare and Intrest of 3%????

 

Thank you.

I'm only familiar with bank & credit charges. There are some spreadies here, including a loan account one.

 

http://www.cagmembers.go2.to/

 

Why not check what spreadies other members are using in the PPI section ??

 

Trouble finding stuff? Michael Browne's A-Z Guide:-

http://www.consumeractiongroup.co.uk/forum/site-questions-suggestions/53182-cant-find-what-youre.html#post436526

Spready guide:

http://www.consumeractiongroup.co.uk/forum/post-50088.html

Just an announcement from Batty Bill here. Vampiress has announced that her Google Chambers will be closed for a while, as they are undergoing a "Re-Vamp"

Mindzai's spreadsheet will not be affected by this, and should still be available.

 

For those needing compound interest spreadies, this is available for download, along with Excel versions of Vamp's Recommended #5 and #16 spreadies here:

 

http://www.cagmembers.go2.to/

[itsmeandonlyme]

I'm only familiar with bank & credit charges. There are some spreadies here, including a loan account one.

 

http://www.cagmembers.go2.to/

 

Why not check what spreadies other members are using in the PPI section ??

 

 

Trouble finding stuff? Michael Browne's A-Z Guide:-

 

http://www.consumeractiongroup.co.uk/forum/site-questions-suggestions/53182-cant-find-what-youre.html#post436526

 

 

 

 

Spready guide:

http://www.consumeractiongroup.co.uk/forum/post-50088.html

 

Just an announcement from Batty Bill here. Vampiress has announced that her Google Chambers will be closed for a while, as they are undergoing a "Re-Vamp"

Mindzai's spreadsheet will not be affected by this, and should still be available.

 

For those needing compound interest spreadies, this is available for download, along with Excel versions of Vamp's Recommended #5 and #16 spreadies here:

 

http://www.cagmembers.go2.to/

 

 

 

Thank you Bill:)))you are very sweet and very helpfull:)))))

 

 

Regards,

 

 

Maria

[chezt]

Thank you Bill:)))you are very sweat and very helpfull:)))))

 

That's 'cos he's hot stuff!!! I'm sure u meant 'sweet' Maria ... soz ... just couldn't help but pick up on that typo!

[itsmeandonlyme]

That's 'cos he's hot stuff!!! I'm sure u meant 'sweet' Maria ... soz ... just couldn't help but pick up on that typo!

 

 

Couldn't stop laughing.....ooops....corrected:))))

 

Sorry Bill- you are very SWEET, and Chezt is very Funny))

xxxxxxx

[bill-k]

No sweat.

[chezt]

Couldn't stop laughing.....ooops....corrected)))

 

Sorry Bill- you are very SWEET, and Chezt is very Funny))

 

 

xxxxxxx

 

No sweat.

 

[flash]

Can't download spreadsheets- there seems to be a broken link.

 

Cheers

 

Flash

[bill-k]

Can't download spreadsheets- there seems to be a broken link.

 

Cheers

 

Flash

Just an announcement from Batty Bill here. Vampiress has announced that her Google Chambers will be closed for a while, as they are undergoing a "Re-Vamp"

 

A range of Simple Interest spreadsheets are available here (NB. these are not recommended for contractual interest claims):

http://www.consumeractiongroup.co.uk/forum/post-49061.html

For those needing compound interest spreadies, Excel versions of Vamp's Recommended #5 and #16 spreadies, and others, are available here:

http://www.cagmembers.go2.to/

Mindzai's spreadsheet should be available here:

version v1.9

Spready guide:

http://www.consumeractiongroup.co.uk/forum/post-50088.html

Beginners' Steps:-

http://www.consumeractiongroup.co.uk/forum/post-475208.html

Trouble finding stuff? Michael Browne's A-Z Guide:-

http://www.consumeractiongroup.co.uk/forum/site-questions-suggestions/53182-cant-find-what-youre.html#post436526

[bram stoker]

And don't forget there are some Excel and Works spreadies in the CAG library that I did before I started the Google ones.

[bill-k]

And don't forget there are some Excel and Works spreadies in the CAG library that I did before I started the Google ones.

Thanks, Vamp - I didn't mention those, as they are simple interest and have confused users. I'll put a link in the notice, and make this clear.

[bram stoker]

And they're in post 1 of this thread.

[bill-k]

Ta ! Forgot !!! It's a long way back !!!

[itsmeandonlyme]

Hello again, one more question :

 

What is the difference between :

Consolidated Loan

Compounded

 

Consolidated Loan Dual ?

(i am currenty claiming it as mis-sold )

 

I have looked at PPI forum , but nobody seems to talk about spreadsheets to culculate the PPI, Healthcare and Intrest, i guess they just simply add the figures from agreement up.

 

Thank you.

 

Regards,

 

 

Maria

[bill-k]

Compounded just calculates compound interest. Dual has 2 columns in it - one for compound, and one for simple interest, enabling a comparison, and also useful if submitting a court claim involving "alternatives" of interest rate in one's POC.

[itsmeandonlyme]

Thank you, Bill....You are a great help on this thread....

[itsmeandonlyme]

BIllllllllll....and everyone..

I need some help... I spend a week trying to find right spredsheet for PPI, send PMs..and i do not have any reply...Can you please look at my last post in my thread : Itsme VS Welcome Finance???

 

I have tried to use spreadsheet from Cag SITE but it gives me

Total interest in dispute:

 

 

£4,083.43

It cant be so much......

 

Please help...any advise would be highly appreciated.....so..so worried

[chezt]

I'm sorry but I can't help you ... I have had no dealings with PPI at all s am totally unaware how it works .. sorry!

 

Bill has a few spreadies in his signature ... have you tried using one of those ... may be worth copy & pasting your info into one to see if you get a different figure.

 

Has anyone in the PPI section said which spready they've used to calculate?

 

Sorry I can't help further

[itsmeandonlyme]

I'm sorry but I can't help you ... I have had no dealings with PPI at all s am totally unaware how it works .. sorry!

 

Bill has a few spreadies in his signature ... have you tried using one of those ... may be worth copy & pasting your info into one to see if you get a different figure.

 

Has anyone in the PPI section said which spready they've used to calculate?

 

Sorry I can't help further

 

 

Thank you darling....you have tryed( kisses) and it's more than anybody else did( more kisses)

Yes, i have posted my questions in PPI section on the lages Welcome Finance thread,also in my thread, i have PM's to more knowlegeble members, even to Vamperess...no reply...

It's wearing me offffffffffffffff....I feel that i have done mistake in culculation of the PPI and Intrest owed...and i thought that i will find some help...and whole week searching for a right spreadsheet, that everybody seems to use...to claim it back..and there is no reply...Only BIll pointed on one spreadsheet..that seems a bit different to what i should use........

 

Feel so frustrated....:o

[chezt]

Thank you darling....you have tryed( kisses) and it's more than anybody else did( more kisses)

Yes, i have posted my questions in PPI section on the lages Welcome Finance thread,also in my thread, i have PM's to more knowlegeble members, even to Vamperess...no reply...

It's wearing me offffffffffffffff....I feel that i have done mistake in culculation of the PPI and Intrest owed...and i thought that i will find some help...and whole week searching for a right spreadsheet, that everybody seems to use...to claim it back..and there is no reply...Only BIll pointed on one spreadsheet..that seems a bit different to what i should use........

 

Feel so frustrated....:o

 

I think the difference in your calculations may have something to do with the way the interest is applied ... I looked at your thread & you are simply adding 3% ( or whatever rate) to the amount and this isn't necessarily the way the lender will calculate or apply it ... this could be the difference.

 

Personaly (& this is only my honest opinion) I would use a standard spreadsheet to calculate (if you are simply claiming charges & interest you've paid on them) and get a figure that seems as near to correct as you can.

 

The main thing to understand is that the actual argument here is stronger than the calculations ... If you as a lay person can show that you have done your best to calculate the amounts then if it's wrong or highly innaccurate then it's up to the bank to amend/prove otherwise. Afterall they are more qualified to do so.

 

Dunno if this helps any more but it may get you a little further .... As I say this is just my opinion & as I've said before, I have no dealings or understanding of PPI

 

Good Luck

[itsmeandonlyme]

Tryed to put small sample of statements here...but it went wrong...is it a way to put here a sample of exel table?

 

 

Thank you chezt:))))very much

[sallysas]

I am just waiting for vampiress's spreadsheets to come back on line. Can't cope with the ones available right now. I believe I am right in saying that the 'old' compound contracted sheets only went up to the end of last year and she is currently updating them for this year. I take comfort in the knowledge that the amount of interest is rising daily as I am unable to work it out. Sally

[bill-k]

Itsme, copy & paste just the first few lines, and say which sheet you are using, and what interest rate. It should come out like this, but that should be enough for someone to check for you.

 

Charge DateCharge ReasonPenalty chargedCumulative penalties chargedInterest on penaltiesInterest dateInterest chargedEstimated average overdrawn balance during period of interestInterest free overdraftBank interest on penaltiesInt. on bank int on penaltiesEstimate of previous charges:03/08/2001OVERLIMIT8.008.0036.4515/08/015.00200.00100.000.401.8002/04/2002LATE PMT8.0016.0028.1915/04/028.00200.00100.001.284.45