cancelling current PPI and reclaiming

Leanne79_2

Hi

I am starting the process to reclaim the PPI I have paid on an existing loan and I was wondering if I cancel the PPI now to reduce my monthly payments will I still be able to reclaim the amounts I have already paid?

Thanks
Leanne

di3004

Leanne79 wrote: »

Hi

I am starting the process to reclaim the PPI I have paid on an existing loan and I was wondering if I cancel the PPI now to reduce my monthly payments will I still be able to reclaim the amounts I have already paid?

Thanks
Leanne

Hi and welcome

Yes you can still reclaim all you have paid in PPI, plus interest etc.

For more on reclaiming with the procedures and guidelines here:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

You write to the ones who arranged and set up your loan.

Ask for any further help if required, good luck.;)

Leanne79_2

Thanks for your help

di3004

Leanne79 wrote: »

Thanks for your help

Your very welcome Leanne, good luck.;)