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GM Card Claim quick question about interest


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Hi

 

I have downloaded the compound interest and simple interest XLS files for working out a PPI claim.

 

I have all my GM card bills from 1994 to 2004 when I paid it off and stopped using it. When I enter the PPI premiums and interest in the the compound interest file it comes out to an awful lot of money as it works out the interest up until today. Is this correct?

 

And do i also claim simple interest on top of that?

 

I don't expect to get it all but I would like to be accurate in what I ask for. reading the forums I seem to have two options the FOS route or small claims. Is this correct?

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Cisheet ends when the card closed

 

Take that figure

And pop it in the stat int sheet

As a whole number dated the day after card int stopped

 

The better sheet to use is the fosrunning one

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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