Help needed with HFC claim please

[dx100uk]

hamilton life were the HFC PPI lot

 

like TBI, we believe it was set up by ex HFc people.

 

dx

[ukdarrenfan]

Well I have now sorted out all the agreements that I have and uploaded them all into a new document. These are all in order and each one pays off the one before-or in one case 2 of. I had to make myself a little timeline to keep everything in my head! In reverse order -

 

1 - the loan without the PPI paid off

2 which paid off

3 which paid off

4 and 5 which paid off

6

 

I hope that made sense. It's all in the documents anyway. There was another loan before the 1995 one but they say they no longer have that one, not even in their archives, which is where they dug most of it up from. I would really appreciate any help now with trying to work out how much they owe us from the agreements that I've posted because I wouldn't even have a clue where to start! Many thanks

Edited February 14, 2013 by ukdarrenfan

[dx100uk]

uapp'd the att as loan numbers are showing sadly i have them though.

 

number them as above ?

 

if you have a read through no.1. below

 

see how you go

 

dx

[ukdarrenfan]

Sorry, am on the iPad so nothing is showing. Will have to wait till I can get to a pc. Will have a go but I'm clueless with anything financial!

[ukdarrenfan]

I've removed the other document with the account numbers on and replaced it with this one. This is just marked off Loan 1, 2. 3 etc and with the Loan number that it paid off near the end of each document

Edited February 14, 2013 by ukdarrenfan

[ukdarrenfan]

Oh my poor head. I've tried, but I just don't know where to start! I've read it all and in theory I do understand it. I just don't have a clue how to go about applying it to my loans! Can anyone help me work it out please, I'm totally stuck now....

[dx100uk]

notes....

loan 1 pers loan plus

---------------------

and the loan it refinanced...

unless you can find every PCM paid & when nothing can be done.

it was +£10k+£6452.26 refinance

 

loan 2 std loan

---------------

£54.82 PPI PCM from 3/3/1996 until settled [start of loan 4 3/1/1998]

rolled over to loan 4 6816.34

 

loan 3 per loan plus

--------------------

same as loan 1 you'll need record of every payment made & when [settled into loan 4 3/1/1998]

rolled over to loan 4 was 2497.56

 

Loan 4 std Loan

---------------

£65.69 PPI PCM from 3/1/1998

refinance of loan 2+3

you'll need to know the refinance figure for loan 2

nothing can be done about loan 3 as it was a rolling account.

 

Loan 5 Std loan

---------------

£68.31 PPI PCM from 4/10/1999 until settled

rollover from Loan 4 £8403.38

we can do the rollover from loan 4 dave

rollover was £8403.38

we have established that loan 4 had a PPI percentage of 21.88% of the total of loan 4.

from the agreement of loan 5 the balance on loan 4 at the time of refinancing is ££8403.38.

We now know that 21.28% of that ££8403.38 is the PPI part of loan 4.

£1788.44 which is the amount of PPI rolled into loan 5.

Now loan 5 was for a total amount (including the PPI on loan 4) of £20,274

and that the loan 5 PPI premium included in that was £4098.40.

The percentage of loan 4 PPI included in loan 5 is given by £1788.44/£20,274 x 100 = 8.82%.

So for every repayment you make on loan 5, a sum equivalent to 8.82% of it relates to PPI on loan 4.

so for every repayment of £337.90, 8.82% was loan 4 PPI rollover = £29.80

So to enter this in the spreadsheet for loan 5

list the PPI payments for loan 4 and annotate it as Loan 4 PPI rollover

and then you list each payment which relates to the PPI on loan 5.

.

Loan 6 std loan

---------------

£18.40 PPI PCM from 25/7/02.

 

no details of refinance figure from loan 5

ppi pcm % = 16%

 

updates 7/3/13

[ukdarrenfan]

Oh.God. Kill.me now. This isn't going to be an easy one is it? Is there no way I can not do a spreadsheet? Without statements I don't know where to start. I'm having palpitations just knowing where to start....

[dx100uk]

nicely ask davsib if he'll help

 

dx

[ukdarrenfan]

Have sent him a pm. Sorry for the late reply, I got so stressed with all this I had to take a break from it....

[davsib]

I have done loans 2 & 5 but will need more info to do the rest

[ukdarrenfan]

Thank you soooo much! Will see what else I can find in the account set up paperwork in the morning and scan it in.

[dx100uk]

more:

 

loan 2 ppi payments & claim date has to end on 3/1/98 start of loan 4 .which refinanced it

refinance was for loan 2&3 so we cant guess the figure alone for loan 2 - damn!

 

loan 4

£65.69 from 3/1/1998 till 4/10/99

not much but someting else to start till we get more info.

 

loan 5

we need the start date of loan 6 please. darren.

 

we can do the rollover from loan 4 dave

rollover was £8403.38

 

we have established that loan 4 had a PPI percentage of 21.88% of the total of loan 4.

 

from the agreement of loan 5 the balance on loan 4 at the time of refinancing is ££8403.38.

 

We now know that 21.28% of that ££8403.38 is the PPI part of loan 4.

£1788.44 which is the amount of PPI rolled into loan 5.

 

Now loan 5 was for a total amount (including the PPI on loan 4) of £20,274

and that the loan 5 PPI premium included in that was £4098.40.

 

The percentage of loan 4 PPI included in loan 5 is given by £1788.44/£20,274 x 100 = 8.82%.

 

So for every repayment you make on loan 5, a sum equivalent to 8.82% of it relates to PPI on loan 4.

so for every repayment of £337.90, 8.82% was loan 4 PPI rollover = £29.80

 

So to enter this in the spreadsheet for loan 5

list the PPI payments for loan 4 and annotate it as Loan 4 PPI rollover

and then you list each payment which relates to the PPI on loan 5.

 

dx

 

 

 

 

there are other things we can begin on dave...

 

loan 4

£65.69 from 3/1/1998 till 4/10/99

not much but someting else to start till we get more info.

[ukdarrenfan]

The first payment on loan 6 was taken on 25/7/02.

[dx100uk]

notes in post 32 updated

 

loan 6 spready can be done. as such.

 

but darren any other stuff on loan 6 as its PANTS

 

£13,800!!

 

120*£133.40= 16008 not £13,800 @ 0%APR

 

dx

[davsib]

here's loan 4

thought my Yorkshire bank claim was complicated lol

[ukdarrenfan]

Loan 6 was the only account without PPI. It was 120 payments of £115 and was interest free so that we could get back on track. We ended up paying it off through the CCCS by 2007 I think.

[ukdarrenfan]

here's loan 4

thought my Yorkshire bank claim was complicated lol

Now you see why I had a meltdown, lol!

[dx100uk]

dave thats great work

 

now darren any idea on how much of loan 5 went into loan 6 ?

 

dx

[ukdarrenfan]

I've attached the initial paperwork for loan 6 and also the account set-up paperwork for loan 4. This gives the figures that were paid off on loans 2 & 3.

[ukdarrenfan]

dave thats great work

 

now darren any idea on how much of loan 5 went into loan 6 ?

 

dx

No idea, sorry. I assumed that the £13800 was what we owed as it was a loan that was designed to clear our debts only.

[dx100uk]

more than one?

 

dx

[dx100uk]

have you statement for loan 6?

 

dx

[ukdarrenfan]

I do. It's quite a few pages, so I'll scan it in when I get back. Don't know how much sense it will make, but you might understand it more than me!

[dx100uk]

should show the payoff [refinance] figures in the first page of the statement of each loan

 

dx