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PPI on Black Horse HP Agreement

Quickly said:

Took Agreement out in May this year.

Payment of £163

PPI £30

total £193 Per Month

I asked to cancel it to reduce pymt to £163 as Agreement says.

They write back and say they will cancel it but estimate my pymt to drop to £181

How do they come by that one then? Any ideas folks?
MBNA are a joke.

DFW Nerd No. 232

Comments

  • newlywed
    newlywed Posts: 8,260 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Sorry, don't know the answer to your query.

    But just wanted to ask whether they took long in coming back to you with a response? OH has just written asking it to be removed and to say he thinks it was mis-sold in the first place and has had no response yet.
    Newlywed at the point I joined the forum... now newly separated
  • oh my god, i have been askin this question for ages an no one has answered it

    i have just bought a car on HP finance with Black horse, i was told I had to buy PPI or they wouldnt give me finance. what letter template did you use.

    with regards to you query, did u take gap protection out as well as ppi thats why your payments might not have gone down as much as you expected.
    Married my amazing hubby on 8th September 2012 :j:j
  • God no, didnt take GAP Insurance out. what a waste that is. they did reply after about 7 days tho.
    MBNA are a joke.

    DFW Nerd No. 232
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