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Showing results for tags 'dualcalc'.
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Can anyone provide a copy of the software or is someone willing to perform the calculation and provide the output ? -
Hi, I tried to get my head round dualcalc and searched here for ages but I'm stumped! Im trying to get a settlement figure from MoneyBarn for a Car HP and they keep giving me conflicting info so I want to try work it out myself as I got a settlement figure two payments ago and comparing it to the one now it's £50 less which is bizzare, after numerous phone calls they are telling me the previous one they gave me is wrong? sounds like they've made a right hash of it. They said they will send me a statement so I can work it out and query them if I think it's wrong, er wtf? So here goes (from the statement they just sent) Loan amount £6795 Initial payment £400 APR 30.3% Term 48 mths Total payable £11,437.95 1st payment 8th Mar 12 £234.85 and I've made 10 payments since Their total paid so far is £2748.50 which is all the payments I made plus £400 deposit. How does that £400 come into affect because that was what I gave the car dealer? i.e the car cost £7195. Are they saying I've borrowed 7195 and made a first payment of 400? as that's naughty isnt it? could someone please dualcalc that and let me know how much I actually owe as a settlement as I have no faith in these cowboys. I've attached my statement hashing out personal info if someone can help and I'll donate you a coffee/beer/lunch!
