have I been ripped off and is it too late??

djhex

Hi
I took a loan out with Northern Rock in 2003 for £7000. With Payment Protection this rose to £9208. Interest on the whole deal increases the total of the debt to 11915.40. When I payed off the loan early after about a year, the sunm I had to pay off was around £1000 MORE than my existing borrowed amount...ie I borrowed £7000 but had to pay back around £8000 after having made payments for over a year....Can I reclaim any of this money back, and if so how??
Thanks for your help.

Peeky

Possibly PPI, search as all the required information is available.
Was you mis-sold?

djhex

I think so because I was told I had to have PPi to improve my credit rating. I certainly wasnt told I would only be paying PPi and interest before reducing the loan amount

OldGreyFox

Have read of this http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance