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Can I reclaim Loan Protection Insurance?

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  • Debtworry_2
    Debtworry_2 Posts: 131 Forumite
    Thanks Di you were a great help :T
  • di3004
    di3004 Posts: 42,579 Forumite
    Debtworry wrote: »
    Thanks Di you were a great help :T

    Your very welcome.;)X
    The one and only "Dizzy Di" :D
  • Debtworry_2
    Debtworry_2 Posts: 131 Forumite
    Sorry to bring this thread back up, just a quick question.

    As you know a few weeks back i was awarded my PPI plus interest, they said the couldn't calculate interest at the time but the refunds of premiums would equate to £1055.96 to which interest will be added.

    I have just checked my bank, and they have paid £482. and it says Interest Refund on my statement, do they always pay the interest before the PPI?

    Should i contact them or see if the £1055.96 gets paid in?

    Thanks
  • di3004
    di3004 Posts: 42,579 Forumite
    Debtworry wrote: »
    Sorry to bring this thread back up, just a quick question.

    As you know a few weeks back i was awarded my PPI plus interest, they said the couldn't calculate interest at the time but the refunds of premiums would equate to £1055.96 to which interest will be added.

    I have just checked my bank, and they have paid £482. and it says Interest Refund on my statement, do they always pay the interest before the PPI?

    Should i contact them or see if the £1055.96 gets paid in?

    Thanks


    Hi hun

    I would ring and double check on this to make sure, they should be able to confirm this to you over the phone, you will feel more at ease then, but yes it may be the case, but make sure first, fingers crossed.;)
    The one and only "Dizzy Di" :D
  • Debtworry_2
    Debtworry_2 Posts: 131 Forumite
    Thanks Di, i will ring them in the morning ;)
  • di3004
    di3004 Posts: 42,579 Forumite
    Debtworry wrote: »
    Thanks Di, i will ring them in the morning ;)


    Good luck, please let us know how you get on, cheers.;)
    The one and only "Dizzy Di" :D
  • Debtworry_2
    Debtworry_2 Posts: 131 Forumite
    Gave them a call and they do pay in 2 installments, so will receive the £1055.96 in a few days, that put my mind at ease as i've already spent it :rotfl:
  • di3004
    di3004 Posts: 42,579 Forumite
    Debtworry wrote: »
    Gave them a call and they do pay in 2 installments, so will receive the £1055.96 in a few days, that put my mind at ease as i've already spent it :rotfl:


    Brilliant...:T:T, bet your glad you made that call then? lol :D
    Well done.:beer:
    The one and only "Dizzy Di" :D
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