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help bad loan

me and my husband took loan out with ge money in sep 2007 for 28,000 for home improvements.got a statement today and out of the £350per month paid to them they are taking £315-325 per month in interest.i asked for settlement figure and they want £38,000 when we have already paid them £10,000 to date any body any ideas:(

Comments

  • apr 10.20% varible they have added 6,000 in ppi
  • Cash_Flow
    Cash_Flow Posts: 1,103 Forumite
    me and my husband took loan out with ge money in sep 2007 for 28,000 for home improvements.got a statement today and out of the £350per month paid to them they are taking £315-325 per month in interest.i asked for settlement figure and they want £38,000 when we have already paid them £10,000 to date any body any ideas:(

    Can I ask why you took out the PPI?
  • stupidity didnt really think bout it at the time were doing house up to sell then housing market crashed cant get house sold and my husband got his hrs cut at work yesterday
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