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PPi refunded !! LOL

PoochyChoo
Posts: 176 Forumite
in Loans
i got the full amount of PPi refeunded today, but what still hasnt registered in my head is... loan was for 15k. with the ppi it was over 20k now the ppi refunded and the loan outstanding is 15,450 but i have been paying every month for the last 2 years???? 337.30 ? how is this ? i thought i would be down to about 13-14 when they refunded the ppi...
any ideas ?
any ideas ?
0
Comments
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Congratulations!! Every penny counts,how did you go about getting your PPI taken off.I have one with my bank loan and are desperate to see if I can get it taken off.Debt Free Date:10/09/2007 :j :money:0
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i sent the letter i got off this site !! on the big PPI thread.. and the bank manager phoned up apologising that it was him who did it...
still no nearer to finding out how i owe more now though...0 -
Hi Poochychoo
Well done on getting yours refunded :T I really don't understand why you owe more though
Can I ask which bank it was with?
I am also in the process of trying to remove mine0 -
barclays.
no it doesnt make any sense at all.... no payments missed... will ask for a statement tomorrow....0 -
They may have refunded you the PPI premium but may well NOT have refunded the interest that they charged on it.
Was it a case of it being miss-sold if so you should go back and ask them to do the sums again.0 -
yes it was a case of being missold. the bank manager phoned me today to tell me it was a full refund, due to misold, in fact when the ppi company were queried about it they had no paperwork signed by ourselves to prove we knew about the ppi..... i didnt think about the interest on it? do you think thats what it is?0
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Yes probably.
You should be put back in the position before any PPI was applied including interest.0 -
quick request.... ppi thread? where?? pleaseLife is like a box of chocolates........
too much all at once and you start to feel just a little sick...._ _pale_
SW start weight 13st 3lb
SW currant weight 12st 8lb
SW weight lost 0st 9lbs0
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