Hi

had my Sars come back and show up some PPI's on loans from the late 1990's. Not large amounts, but definite miss selling went on. as soon as i nearly paid off one loan, the bank called me in to talk about my account review and i ended up leaving the meeting with another loan!! the...

In light of the recent case against Lloyds for unfair overdraft charges - I have realised that I could be owed a substantial amount of money - and assistance in getting it back would be hugely appreciated.

I have 4 accounts from which to claim back on from dates somewhere betweeen 2001...

As requested by Bill-K, I've started this thread with an example of MBNA understating PPI redress by some 42%. Below is a reposting from the "...2 spare stamps" thread:

Hi a newbie here with an interesting, perhaps even outrageous, example of MBNA understating PPI recompense....

had a complaint upoheld in November , payout was based on premiums paid being £4900. I have recently come into possession of additional statements etc, and shows that from Jan 2001 - July 2010, I paid out £3965.00 in premiums, however the card was opened in 1993. Is it worth while writing to them...

Hi
I'm trying to manually work out how much money I might get if I had a successfully reclaim on a Lloyds cc.

I have every statement from 2000 to 2011 when I defaulted.

It started off with a balance of £1500 and they kept raising my credit limit to £8,000. The...

Loan-Related PPI claim settlements should be calculated according to the current FCA rules, and the methods prescribed in the FCA's PPI Redress Handbook (PS10/12) are shown in Appendix 2. This spreadsheet has been developed from these somewhat simplistic examples in order to calculate real claims -...

Credit Card (and other 'Revolving Credit') PPI claim settlements should be calculated according to the current FCA rules, and the method prescribed in the FCA's PPI Redress Handbook (PS10/12) is shown in Appendix 2, Example 6. These spreadsheets have been developed from this somewhat simplistic example...

I have had a bit of success with reclaiming PPI. I have had a CC, store card and now a catalogue claim upheld. I am however slightly confused at how the redress (or more especially the interest) is calculated.
With the CC and store card the breaddowns were as follows:
premiums ...

PPI Calculations---The concept of 2 Loans and Basic Spreadsheets


Firstly, I would like you to be familiar with the concept of Loan Amortization and Amortization Schedules-so for now-please study the thread below - if you have not already done so.

Concept of Loan Amortization...

Niddy has kindly set up this sub-forum so we can keep all the current theoretical methods and thinking together

Its NOT for peoples individual calculations which should be kept in your individual PPI thread.

I'l start it off initially with the following separate threads ...

For those with MS Office try having a go with Onenote, it's like a digital 3 ring binder for documents, spreadsheets etc.

I am in the process making a new tab for each creditor I am dealing with in my UE Diary and scanning each letter I get from them into it's own page in my Onenote notebook....

Hi,

What is Sainsbury's Creditcare Gold?

I am guessing it is another fancy name for PPI, but if anyone can enlighten me further it would be a big help, I have had all my info come back from Sainsbury's with this showing on the agreement that was added to the loan, it is...

Well, I've just gone to load Office for Students onto my new laptop and the disc isn't in it's box. It'll turn up somewhere, but in the mean time I need to do some word processing.

So, is it possible to download a copy from somewhere, and if not is there a free word processing programme...

Is this section being maintained or shall I close it down now?

It needs constant attention to keep things up to date. If nobody here uses clicks then I'll take the section out, in totality. 7 months with no activity here!