I'll be back later

Point me towards the stickies if you will

DX Been looking at your workings and I'm afraid you've made 2 basic errors 1--On Lloyds loans (like 99% of loans) is amortized over the period and not frontloaded with interest ( see my Understandind Amortization thread in either PCF or PAG). This means that the interest is calculated each month (on a daily basis) and the c/f balance is = b/f balance -payments + interest. This means that the interest is not linear (ie constant) as you have assumed at £42.80 pcm but between £79 down to £73 over this loan. The total interest is in fact = £841.17 2--By claiming back the original PPI + PPI interest + payments (which include interest) you are in fact claiming the PPI interest twice PPI is very very simple if you understand that there are always 2 Loans in operation, the Cash Loan & the PPI Loan-each with its own balance. AT any point in time, on an UNREBATED PPI loan, the balance will always be the same ratio as the loans--ie in this case 18.31% as you rightly calculate. However, when a rebate PPI is given , it only reduces the PPI balance (naturally)--which means the settlement figure can quite easily be divided into Cash Loan & PPI Loan ( ie and hence the difference with/without PPI) I hope the PDF below portrays what I am saying--the key field of course is £417.15 see LTSB method pdf The ensuing apportionment factor is then used on the Settlement figure in the SS portrayed in Turbo method.pdf This results in £1,043.21 which is about £20 LESS than LTSB calcs (I presume the difference due to their treatment of the Admin Fee--but who cares!!) This technique was done on Landy's Loans(in another place) and agreed with all their calcs Hope this helps Turbo Di-2004-Lloyds Loan-v7-worksheet LTSB method.pdf Di-2004-Lloyds Loan-v7-worksheet Turbo method.pdf

Hello again

Well--Hello there!!

This post by Ian1969UK in CCS Also just a reminder to everyone to be vigilant as to what personal details you share. Our member over at PC whose post inadvertebtly started all of this also put details of where he worked in his public profile. The person who complained to the hosts also contacted his work to say he had been giving this advice and had been on the site during working hours. This has now led to an investigation at work for this member and possible disciplinary action.

Mmmm--what link are you using that works for you?

Yes--that one is mentioned in the JPG link in my earlier post CG

see here This is the full message DUE to an email received from legal@1and1.co.uk which states that http://www.penaltycharges.co.uk is offering and or promoting illegal services http://www.penaltycharges.co.uk/27102008065.jpg Our host was left with no option but to close down the site. We have uploaded a copy of there fax for you to read, we deny these accusations and we certainly do not promote or advise members to borrow money without the intention of paying it back. We have tried to email them about this but received no response. Therefore this has brought the end to penaltycharges.co.uk We would like to say sorry to all our members but we just don't have the money to fight a legal battle with 1and1.co.uk Warm regards Stephen Hone stephen@penaltycharges.co.uk

Is there any current advice re starting a claim for pre-6 yrs charges (current 6 years already refunded)

Bump But worried re the FAQ Indemnity warning of costs in a small claims court--anybody got experience of such costs

I have altered User Profile so PM will work now

Hi Been reading lots on this & am overwhelmed at moment. I have info from 1999 (understand that one can go back 12 years on Mortgages)--Approx £1500 But worried re the FAQ Indemnity warning of costs in a small claims court--anybody got experience of such costs?

Bona--Could I have a Pm also?

Phatram Complicated thread---tell me which actual S/S you are using and I'll try to help.