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Posted: Sun Sep 16, 2012 6:31 pm
by Jay H
Has someone go a simple formula for working the p in the £ out
Posted: Sun Sep 16, 2012 6:49 pm
by Niobe
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.
Posted: Sun Sep 16, 2012 6:50 pm
by nepensioner
If you divide the total of your payments by the amount that you owe, that should do it.....
Posted: Sun Sep 16, 2012 6:54 pm
by Niobe
Maths was never my strong point!!
Posted: Sun Sep 16, 2012 7:44 pm
by nepensioner
[:D][:D][:D]
Posted: Sun Sep 16, 2012 8:13 pm
by orchid5
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!