Ppi Calculator For Credit Cards

Please use the loan calculators provided on this page or you can go to our ppi calculator page in order to see all our calculators loan and credit card calculators.
Ppi calculator for credit cards. Total paid plus apr charge 15 total paid plus apr charge 30 number of months agreement taken out for. Choose whether the ppi claim is for a mortgage loan or credit card. 10 x 60 months 600 for 5 years. Total 1800 plus statutory.
You can use this as your credit card ppi reclaim calculator. We ve made it simple so that you can find out how much money you could potentially get from ppi claims. Total 600 plus statutory interest at 8 per year. The purpose of ppi was to help consumers meet their credit card payments if they were unable to work due to illness an accident or unemployment.
Apr of 30 over term. Use the form below to calculate how much you could be owed from mis sold ppi. If you ve ever had a credit card loan finance agreement or mortgage it is possible you may have been mis sold ppi. Ppi charged is assumed at 1 for every 100 outstanding monthly balance.
20 000 over 5 years 60 months at 7 9 apr. Ppi charged is assumed at 1 for every 100 outstanding monthly balance. Number of years agreement taken out for. Total ppi refund due.
1000 average monthly balance over 5 years 60 months cost of ppi. The ppi was there to cover your monthly payments on finance agreements if you couldn t work due to illness or unemployment. 10 ppi charged on 1000 average outstanding monthly balance. 20 000 loan ppi example.
Credit cards ppi check many millions of uk consumers were sold payment protection insurance ppi with a credit card between 1988 and 2010. To calculate credit card ppi redress our calculator makes the following reasonable assumptions. Apr of 15 over term. Credit card ppi calculator.
30 ppi charged on 3000 average outstanding monthly balance. Our ppi claims calculator is easy to use in just five steps. Ppi was often missold on loans mortgages and credit cards. Use our simple free ppi calculator to work out how much you might get back in ppi redress.
3000 average monthly balance over 5 years 60 months cost of ppi. When you look back it is quite likely that you had a store card mortgage personal loan or some other form of credit between 1990 and 2010 so you may have had ppi. Total ppi refund due. Each of these products will have different rules and procedures for calculating your ppi refund.
30 x 60 months 1800 for 5 years. We assume you maintained the average statement balance each month for the life of your card and you did not incur any fees for going over limit or missing a payment and you did not use your card for cash withdrawals. Banks told clients that ppi was mandatory or even included it onto items without the applicants permission.