first plus and ppi any ideas...

[REDDRAGON]

Hi,

 

I am about to look at claiming ppi from first plus.

 

I've looked through the forum and tried to make sense of my account but after a recent illness my brain does not work as good as it once did.

 

I would appreciate it if anyone would look at my figures and see if I have got this right... Many thanks..

 

Loan started Sept 1998:

Ammount £21,200

Ppi £4,200

Apr 14.9%

 

Monthly ppi £56.36

This ammount has varied between £53.89 when my interest rate went down, to what I am now paying and have been since 2007 £58.47 with an interest rate of 16.7%

 

Total ppi payment £9,331.87

Interest at 8% £5,492.40

Total claiming £14,824.27

 

I know the monthly rates are correct however, it is the 8% interest rate that I am unsure of ?.

Can anyone confirm these for me Thank you for your help... Mike..

[dx100uk]

StatIntSheet v101.xls

 

fill this in with each and every ppi payment you made each month and when

 

so that will be the £53.89 thru £58.74 and their dates

 

you need not do anything more nor change anything.

 

the sheet will do the rest for you.

 

dx

[dx100uk]

http://www.financial-ombudsman.org.uk/publications/technical_notes/ppi.html

 

then do this

 

and a simple covering letter.

 

dx

[REDDRAGON]

Hi dx,

 

Many thanks for your help, however, the stat interest sheet does not seem to work on my system when I try to open it it transfers into works and comes up as containing over two hundred errors, and when it does open, once I put the info in it calculates number of days elapsed wrong and does not calculate interest rate at all.

 

Is there anything else that I can try?.

 

Thanks Mike..

[ims21]

It will not work in MS Works.

 

Get OpenOffice from OpenOffice.org....its free

 

ims