ppi advice

madcath

I took ppi insurance on a few loans and cards etc.. i have got into debt and i pay back small amounts .. I am on the sick and have been for a few years. because i am not paying the full amount agreed can i still reclaim my ppi... or would it be better to tell i am on the sick. I didnt know what ppi meant. Am i to late to claim on the insurance because i havent do so since i have been on the sick.. please help dont know which to do first or which is the best option. Please help .. thanks cath.

di3004

madcath wrote: »

I took ppi insurance on a few loans and cards etc.. i have got into debt and i pay back small amounts .. I am on the sick and have been for a few years. because i am not paying the full amount agreed can i still reclaim my ppi... or would it be better to tell i am on the sick. I didnt know what ppi meant. Am i to late to claim on the insurance because i havent do so since i have been on the sick.. please help dont know which to do first or which is the best option. Please help .. thanks cath.

Hi and welcome.

Its a possibly reclaim, if you did not know what it was, but check for more details on this first here:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

Follow this to the reclaiming if you believe any of it applies to you.

The ppi is still added to the debt, if you cancel, it should reduce the balance of the debt, its obviously worthless to you now as well, if your on a payment plan.

Please do check the above link and ask for any further help from there if required, good luck.;)

madcath

So should i go ahead and try for the ppi claim?...

di3004

madcath wrote: »

So should i go ahead and try for the ppi claim?...

Yes I would do this now if you can, good luck.

madcath

thanks very much for your help i will let you know how things go...