Hi Guys
Im absolutely rubbish at maths, but im in the process of reclaiming PPI from TFC from a car which was paid off in 2006. Can somebody help me with the maths as its looks complicated...
cash price: 4432.00
cash deposit: 500.00
amount of credit : 3932.00
HP charge: 2888.80
documentation fee: 50.00
option to purchase fee: 50.00
APR 42.1%
balance 6920.8
total: 7420.80
PPI 314.56
interest (total charge for credit) 231.02
total: 545.58
payable 42 monthly payments of 12.99
at 40.5%
it was taken out 6.6.2003 and paid off 30.1.2006
Many thanks!!!