Tweet
Sorry for the questions, this is new to me, I have just been advised, when you claim back PPI - "don't forget to claim the interest on the amount settled".
How do I go about doing that? I have a PPI calculator and the amount to settle on my claim was £7, 841.91.
Would I be entitled to add the 8% interest up to todays date, or until the money is refunded back to me?
Or maybe somebody would be good enough to work this out for me?
Here are all the details:
Amount of Loan: £8,000.00
Add: £4,463.80 interest (APR 20 8%)
Total Sum Payable: £12,463.80
Total sum payable to be paid by 60 monthly instalments of £207.73
on the 04 day of each month commencing on the 04 day of April 2003
Optional Credit
Protection Insurance Cash Price (including VAT)
Life (J) £836.54 Decreasing term Life Assurance - Joint
ASU (Y) £1,294.27 Accident, Sickness and Unemployment
Total Cash Price £2,130.81 Amount of insurance loan
Add £1,188.99 Interest (APR 20 8%)
Total Sum Payable £3,319.80
Total Sum Payable to be paid by 60 monthly instalments of £55.33
on the 04 day of each month commencing on the 04 day of April 2003
This loan was paid in full on 9th September 2004, full amount paid back = £7,841.91.
Thankyou
How do I go about doing that? I have a PPI calculator and the amount to settle on my claim was £7, 841.91.
Would I be entitled to add the 8% interest up to todays date, or until the money is refunded back to me?
Or maybe somebody would be good enough to work this out for me?
Here are all the details:
Amount of Loan: £8,000.00
Add: £4,463.80 interest (APR 20 8%)
Total Sum Payable: £12,463.80
Total sum payable to be paid by 60 monthly instalments of £207.73
on the 04 day of each month commencing on the 04 day of April 2003
Optional Credit
Protection Insurance Cash Price (including VAT)
Life (J) £836.54 Decreasing term Life Assurance - Joint
ASU (Y) £1,294.27 Accident, Sickness and Unemployment
Total Cash Price £2,130.81 Amount of insurance loan
Add £1,188.99 Interest (APR 20 8%)
Total Sum Payable £3,319.80
Total Sum Payable to be paid by 60 monthly instalments of £55.33
on the 04 day of each month commencing on the 04 day of April 2003
This loan was paid in full on 9th September 2004, full amount paid back = £7,841.91.
Thankyou
Comment