HELP!! totally stuck trying to work out interest

[lofaprize]

Hi all,

 

i am now at the stage of filling in my N1 claim form, its actualy about 4 weeks overdue.

i have asked for help to figure out interest, but i think i must be totally stupid cos i just dont understand what im being told. i cant open the spreadsheet for some reason, so i dont have a clue what to do. everyone else can do it by the looks of searching through millions of posts, ive been searching since December!!

ive been givin a few pointers but i really dont understand how to work out the 8%, e.g from what dates, and as i dont have an overdraft (i'm not allowed one) does this change the interest? I had a look through all my statements going back 6 years and the only interest i have paid only amounts to £5 or so.

I have another thread but dont think its shouting loud enough.

can anyone help?

please?

[enaid]

Charges%20Spreadsheet(2) Have you been on this one? try it out and if it opens then I will get back to you

[enaid]

Take no notice of that last post

[enaid]

http://www.consumeractiongroup.co.uk/Spreadsheets/England/Simple-charges-calc.xlsRight this is the one click on it and see if it opens then get back to me or wait for another reply if you like.

[lofaprize]

this one didnt open enaid.

thanks for trying, anything else?

[enaid]

It didn't open for me either of here, I'll get back to you

[enaid]

Go to FAQ on top of page in blue line, click on, go through info till you come to red FAQ clck on then you want template library, or you could just search template library. Then go to sticky 6 Interest Calculator Spreedsheets try the first one and see if that opens

[charleyfarley]

Try this

 

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

 

There's a few to try.......mindzai's, the vampiress and google, or excel

 

I'm used to excel, and while I'm no expert, I could give you a hand if you get stuck

[enaid]

Hi Charley we got were we were, going but the spreadsheets weren't opening !

[charleyfarley]

Hi enaid,

 

Which ones are you going to use?

[enaid]

Not me Charley but Lofaprize, I have just been on and it opened for me ok, so will see what happens when Lofa comes back, Thanks

[lofaprize]

hiya charley and enaid,

i got to open the excel spreadsheet but i dont have a product key to use it arrrggghhh!! i normally use works, but that wont open for me, it says that it wont open because its already being used or the addy could be wrong??

i have a better idea of what to do now ive seen it, but when it says "days since offence" whats that? and whats the "date of service"?

so sorry to be a pain, and i am so glad i caught your eyes for help.

[enaid]

Right you got the sheet ok, you go on the boxes ie name, click on you fill in your details yeh,

You just fill in what the charge was ie late payment, how much ie £20.00 date of charge ie Jan2004. It then works it all out for you at 8%. When you have filled in all your details delete all the rest on there and print it off. Bl**dy magic really. Ley us know how you go on:)

[mariejader]

"days since offence" whats that?

 

the date on your statement that you were charged

[lofaprize]

Thanks for replies.

 

I cant write on the spreadsheet as I don’t have a product key to use it. I don’t have “excel” only “works” but that doesn’t open for some reason? I don’t know if its my pc (I don’t think it is) or the link that’s not working.

 

mariejadder,

 

When I looked at the spreadsheet, it says “days since offence” and below it has numbers from the thousands descending. What’s this?

 

Can someone try to open the "works" spreadsheet to see if it is my pc or not? I cant use any other one. or do i have to ask a mod?

[enaid]

So sorry Lofa, could help you with spreadsheets a little as if I can do them anyone can, but don't know how to help you anymore to get on them. Once again sorry, but someone will be by to help you I'm sure

[lofaprize]

awwww thanks enaid, your posts have helped me in my loooong struggle to fix it.

 

all replies are good, at least i know someone is out there.

 

Thanks for all your help.

 

x

[enaid]

I'll give you a bump anyway hoping someone a bit smarter than me will catch on;)

[lofaprize]

he he

[glad]

Hi

I had loads of problems trying to open the interest spreadsheets,in the end I used the interest calculator on the Money saving expert website it works out the 8% interest for you.

Don't know if that's any use to you.

Good luck

Glad:p

[charleyfarley]

Thanks for replies.

 

I cant write on the spreadsheet as I don’t have a product key to use it. I don’t have “excel” only “works” but that doesn’t open for some reason? I don’t know if its my pc (I don’t think it is) or the link that’s not working.

 

mariejadder,

 

When I looked at the spreadsheet, it says “days since offence” and below it has numbers from the thousands descending. What’s this?

 

Can someone try to open the "works" spreadsheet to see if it is my pc or not? I cant use any other one. or do i have to ask a mod?

Hi lofa,

 

I've got the works ss open, so if you PM me with your info we'll see what we can do:)

[lofaprize]

I got it open!! yeah!!

for anyone else having bother opening it, i saved it, then opened it from my desktop. (with a help from the site helper)

now to try putting all the info in.

will let you know how i get on.

thanks for replies

Lofa

xx

[lofaprize]

OK i have a question.

I had £590 paid to me as a gogw which i accepted as part payment. how do i work that with the interest? After taking off the £590 (gogw) it leaves a claim for £1129, do i calculate for £1129 or the original £1719 as i have done.

Also, does £150 for interest sound about right?

:-?

[standingupformyself]

you don't change the interest at all. Keep the calculations exactly as they are, just deduct the GOGW off the final total.

Sounds right otherwise. keep going and keep us posted

[lofaprize]

Thanks for that standing,

its good that all it takes to put someones mind at ease, a wee sentance just to say whats what.

 

lofa

x