I have just been checking my OH Barclays
SAR details and I came across a single insurance premium amount at start of her barclayloan.
Can someone kindly confirm if these calculations are correct ?
Loan Amount £10,000
Insurance Premium Amount £3,035.42
Monthly Repayment Amount £238.68
£3,035.42 / £13,035.42 x 100 = 23.29%
£238.68 x 23.29% = £55.59 (Insurance part of monthly payment)
Cheers
SAR details and I came across a single insurance premium amount at start of her barclayloan. Can someone kindly confirm if these calculations are correct ?
Loan Amount £10,000
Insurance Premium Amount £3,035.42
Monthly Repayment Amount £238.68
£3,035.42 / £13,035.42 x 100 = 23.29%
£238.68 x 23.29% = £55.59 (Insurance part of monthly payment)
Cheers
Barclayloan PPI
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