Which spreadsheet for PPI on CC?

[deb4tlj]

Probably a stupid question but am just about to sit down with reams and reams of paperwork and start a claim for PPI on 2 credit cards. My question is, which spreadsheet should I use for the 8% interest - single or compound?

[citizenB]

http://www.consumeractiongroup.co.uk/forum/showthread.php?330996-Latest-Spreadsheets-PPI-Claims-and-Charges-Claims-Dec-2011(1-Viewing)-nbsp

 

You will find the spreadsheets in the link above with information which will help you determine which SP to use.

 

HTH

[dx100uk]

CC are compounded Int.

 

you need to decide what your ultimate route might be

if they fail to cough.

 

CISHEET if you are prepared to goto court

 

or FOSCIHEET if you go thru the FOS.

 

eitherway

 

you dont get stat int on a CC

 

you use THEIR int rate. [purchase]

 

dx

[deb4tlj]

Ok and thank you both - another stupid question - do I use their APR at 11.9% on purchases or their monthly interest on purchases which is 0.945%? (Those figures aren't actual!)

 

Edit - interest seems to change every 6 months or so, does this mean I have to do a seperate spreadsheet for each different interest amount/payments?

Edited January 5, 2013 by deb4tlj

[dx100uk]

no avg annual purchase rate

 

dx