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PPI Reclaiming Discussion part 4

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  • dreamer33 wrote: »
    1. To introduce you to the lender?
    2. To give you the loan?
    3. To give the ppi product?

    They all make huge profits from not giving you the best deal and are all in it together for profit.

    Not sure if I'm right?

    Ok

    Credit Brokers - Broker CREDIT
    Lenders - Lend Money
    Insureres - Insure The Borrower (or the money)
  • Ok.. see if you can see what is wrong with this, when PPI is involved.
  • di3004
    di3004 Posts: 42,579 Forumite
    masmit wrote: »
    hi dreamer,
    moving forward too lawyer now, thanks for your help.


    Hi Masmit

    Good luck with this then and we look forward to hearing the outcome of this, fingers crossed.;)

    Di
    The one and only "Dizzy Di" :D
  • di3004
    di3004 Posts: 42,579 Forumite
    dreamer33 wrote: »
    1. To introduce you to the lender?
    2. To give you the loan?
    3. To give the ppi product?

    They all make huge profits from not giving you the best deal and are all in it together for profit.

    Not sure if I'm right?


    I thought this as well dreamer, and as they are all involved here, they all have a responsibility and all made their money this way.;)
    The one and only "Dizzy Di" :D
  • masmit
    masmit Posts: 146 Forumite
    Incipience wrote: »
    Ok

    Credit Brokers - Broker CREDIT
    Lenders - Lend Money
    Insureres - Insure The Borrower (or the money)
    credit brokers & lenders making profit on ppi's without experience to sell
  • masmit wrote: »
    credit brokers & lenders making profit on ppi's without experience to sell

    think outside the box.
  • masmit
    masmit Posts: 146 Forumite
    Incipience wrote: »
    Ok.. see if you can see what is wrong with this, when PPI is involved.
    posted probably wrong answer above this post
  • masmit
    masmit Posts: 146 Forumite
    something too do with it being a different aggreement needed
  • Ok.. Think about this Logically.

    The Broker, Brokers the Loans.

    1st Loan For the Debt Consolidation
    2nd Loan For the PPI.

    Yes.. a loan for the PPI.

    Think about it, the first loan pays off your debts and the second loan pays off your PPI.

    The loan for the PPI is for the purpose of paying the Insurer the premium up front.

    Ok so the Broker, Brokers The Loans, allowing for the lender to pay out the capital to your debts and uses the other loan to take out the PPI..

    Do you see where I am going with this?
  • masmit
    masmit Posts: 146 Forumite
    Incipience wrote: »
    Ok.. Think about this Logically.

    The Broker, Brokers the Loans.

    1st Loan For the Debt Consolidation
    2nd Loan For the PPI.

    Yes.. a loan for the PPI.

    Think about it, the first loan pays off your debts and the second loan pays off your PPI.

    The loan for the PPI is for the purpose of paying the Insurer the premium up front.

    Ok so the Broker, Brokers The Loans, allowing for the lender to pay out the capital to your debts and uses the other loan to take out the PPI..

    Do you see where I am going with this?
    yes incipience i get what your saying, im only a hairy arsed bricklayer aswell. thanks for advice.
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