Get expert opinion. This is the place for new questions to be posted.
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Jay H
- Posts: 150
- Joined: Sun Jan 22, 2012 4:30 pm
- Location: United Kingdom
Has someone go a simple formula for working the p in the £ out
I am no expert but would like to give advice based on my own personal experience...
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Niobe
- Posts: 5169
- Joined: Tue Jul 03, 2012 9:56 am
- Location:
I don't think there is a simple formula.
It's to do with how much you owe, what your DI is and whether or not you will need to try and do equity release.
Bear in mind that you may be able to pay more across with overtime, bonuses and PPI.
That make a lot of difference as to how much you end up paying back.
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nepensioner
- Posts: 1967
- Joined: Sun Jul 11, 2010 4:55 pm
- Location:
If you divide the total of your payments by the amount that you owe, that should do it.....
F & F Accepted 19th Oct 2010
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Niobe
- Posts: 5169
- Joined: Tue Jul 03, 2012 9:56 am
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Maths was never my strong point!!
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nepensioner
- Posts: 1967
- Joined: Sun Jul 11, 2010 4:55 pm
- Location:
[:D][:D][:D]
F & F Accepted 19th Oct 2010
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orchid5
- Posts: 1814
- Joined: Sat Jul 05, 2008 2:37 pm
- Location: United Kingdom
Thank you for that, i have worked out with my PPI payments, pending one of the creditors being allowed to off set their own debt, my dividend has risen from 63p to 100p!
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.
IVA COMPLETED August 2012, received Completion certificate 18.4.13.
