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Welcome Finance - PPI
Hi All
I have recently written to Welcome Finance to cancel and have refunded the PPI.
I have just located the Agreement and payment breakdown which was issued when the loan was paid to me and interest has been added to the PPI and Lifecare - is this allowed?
thanks
I have recently written to Welcome Finance to cancel and have refunded the PPI.
I have just located the Agreement and payment breakdown which was issued when the loan was paid to me and interest has been added to the PPI and Lifecare - is this allowed?
thanks
0
Comments
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These are usually structured as a single premium payment policy.. i.e. you pay the full premium upfront... then they kindly lend you the money to do that and so charge interest
I see no reason therefore why it should be illegal
Of couse if the policy was mis-sold you can reasonably claim the interest back too.EU tariff on agricultual product 12.2%
some dairy products 42.1% cloths 11.4%
EU Clinical Trials Directive stops medical advances0
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