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Quick question about PPI

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If I'm paying off the loan now, do i still have to pay the remaining PPI?

i have still one year left on my loan with PPI. i would like to pay-off and close the loan, will they deduct the PPI amount for the remaining months?

Comments

  • Great news for you to pay off loan early, congrats, def right thing to do if you can. With regard to PPI there will be no need for it as loan is paid off and as such no benifit having it.You can cancel and may even get some back in way of refund. Make sure you get settlement figure for loan which will be lower than total of remaining payments and enquire if this includes PPI
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