We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
YAY! We did it....
sammyjo_3
Posts: 70 Forumite
we got our PPI cancelled with Barclays and they have admitted they mis-sold (not in so many words) it to us and will refund the whole lot! Thats just short of £6000! :T
One thing though, does anybody know if the interest automatically gets deducted too. It was £6000 for the protection and then another £2000 in interest, so does that mean that for the last 18 months we've been paying it we'll have been charged?
Anyway am so happy! :j
One thing though, does anybody know if the interest automatically gets deducted too. It was £6000 for the protection and then another £2000 in interest, so does that mean that for the last 18 months we've been paying it we'll have been charged?
Anyway am so happy! :j
Time to make a change .......
Total debt £25,930 :eek:
debt free date - Sept 2011 (will try my hardest to reduce it!)
Proud to be dealing with my debts
Total debt £25,930 :eek:
debt free date - Sept 2011 (will try my hardest to reduce it!)
Proud to be dealing with my debts
0
Comments
-
EXCELLENT NEWS - I hate barclays so that makes it even better!Debt free May 2016 (without the support of MSE forum users that would never have been possible - thank you all)0
-
Congrats, you must be over the moon, Can't answer your question though just enquiring as to the product you were missold, i have a loan with them and in order for me to cancel my PPI on it they want to re-do the loan and the loan rate jumps from current 5.7 to 16.7, thats nice of them
Congrats and have a drink on me :beer:
Vics
xx
Ignore this post, just read your othersSainsbury CC - £1597.25 0% 18 mths left £37.57 Per month DD
Savings Goals 6500K / 10000K0 -
my husband was a temporary worker and we found out that the protection doesn't cover temporary or casual workers.............
am just so pleased, can't stop smiling :j
and i've just worked out that they should have given us another £546 for interest we've paid to date, another letter coming on I think!Time to make a change .......
Total debt £25,930 :eek:
debt free date - Sept 2011 (will try my hardest to reduce it!)
Proud to be dealing with my debts0 -
Happy days, I suppose if interest has been charged on PPI you should be able to claim this back as wellYung
Early Retiree debt & stress free. and Joined the SKI club:j0 -
Thanks
I hope we can claim it back as it's about £600 and that would be better off with us then them!Time to make a change .......
Total debt £25,930 :eek:
debt free date - Sept 2011 (will try my hardest to reduce it!)
Proud to be dealing with my debts0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards