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please can anyone help?

Got a letter from northern rock to say they have accepted my new revised payments as set out by my dmp but i see i'm still paying ppi on it but surely that cant be worth anything. I got in touch with the dm team who told me i should cancel it. if i cancel it will i get anything back? or will it just stop. I've looked at the agreement and the ppi was a wopping £9000 nearly half the debt it self! I have heard of people claiming ppi back but i wouldn't know where to start. When we signed the agreement they did my us feel we had to take it.Can anyone advise please?

Comments

  • REDMADCURLS
    REDMADCURLS Posts: 3,766 Forumite
    Go over and look at the reclaiming PPI on the main site - there are template letters there that will help you

    http://http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance
    LBM Feb 2010 £62,700 Total Debt Jan 11 [STRIKE]£49,403.84[/STRIKE] £47,530.32.
    (CC/LOAN = [STRIKE]36,378.98[/STRIKE] 35668.47. O/D = [STRIKE]1255.32[/STRIKE] 1212.35/[STRIKE]1999.78[/STRIKE] 1934.52, BUS = [STRIKE]9769.76[/STRIKE] 8714.98)
    Challenge = Debt at 31/01/12 = £25k. 2011 Payments = £1,944.19/£24,403.84

    There is no point in negative thought, it takes up time and energy which could be used in a positive, happy way!
  • thanks will do x
  • pkezza
    pkezza Posts: 17 Forumite
    When cancelleed my ppi with Egg, I got it all back xx
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