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CAHOOT Loan - Reclaiming interest
I took out a loan with CAHOOT three years ago. I got stuck in the loop of paying off interest and PPI and paying off very little of the actual loan. I thought the full amount of interest would be £140, I was mislead and ended up paying alot more. I complained to Cahoot about the PPI and told them I felt I had been missold . They offered to refund ALL of the PPI payments. Can someone please advise me on whether I can do the same with the interest payments which I made. PPI misselling I know about, but Interest I am a bit cloudy on. THANKS!
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Comments
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nope thats their profit,0
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Would you lend money for free?0
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Nope, not on interest that's what you signed up for. But you've got a victory on the PPI, that's a result!0
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