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If you just write to the bank they will send you a form - don't what ever you do use a 3rd party cos they will ripyou off
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That's how it works. You pay off the insurance over the course of the loan, with interest added. On my paper it was listed next to my original loan as a 'premium loan'.
Here is all the info you need. http://www.moneysavin...im/ppi-loan-insurance |
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You should keep in mind though that the fact that he was sold PPI, does not necessarily mean that it was mis-sold.
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| n July 2007 we took out a £15,000 Unsecured personal loan from Alliance and Leicester to buy a car,paid by direct debit over 60 months,first payment in August 2007. Paid off in August 2012. I was... |
| In July 2007 we took out a £15,000 Unsecured personal loan from Alliance and Leicester to buy a car,paid by direct debit over 60 months,first payment in August 2007. Paid off in August 2012. I was... |
| I've been informed that my dec'd OH took out a joint loan with PPI payments. The cold caller know my OH's name but not mine. They say the joint loan was with me and want my name and details. If this... |
| My understanding of ppi claims is that they can go back up to 10 years. i have had my barclaycard since 1988 and my mortgage since 1999 but could it have been applied at a later date? I can't find... |
| Had a phone call yesterday afternoon informing me that I was due compensation on a loan which I had taken out within the past 3 years. Err, I haven't taken a loan out. Her : Yes you have, our records... |
| My friend has just received a PPI payment of £2916.73, made up as follows. Total amount of PPI premiums charged £1507.18 Total amount of associated interest £359.01 Applicable 8% gross interest... |
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