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PPI and DMP
tomandjerry
Posts: 267 Forumite
Hi all,
Some questions folks: a)I start a DMP from Feb 07. I have an usecured loan with Lloydstsb :eek: :eek: (around £22000; one of my debts), just thinking about PPI - will it be automatically cancelled or I would have to pay PPI while on a DMP? Tried to cancel long before - no success. :eek: Interest should be frozen, shouldn't it?
b) Has anybody been in a situation when their finances improved so much that they could cancel a DMP/IVA and pay as normal?? I suppose they would have to pay all the money (interest/PPI) back. Probably very silly question...just thinking. :rolleyes:
Many thanks,
TAJ
Some questions folks: a)I start a DMP from Feb 07. I have an usecured loan with Lloydstsb :eek: :eek: (around £22000; one of my debts), just thinking about PPI - will it be automatically cancelled or I would have to pay PPI while on a DMP? Tried to cancel long before - no success. :eek: Interest should be frozen, shouldn't it?
b) Has anybody been in a situation when their finances improved so much that they could cancel a DMP/IVA and pay as normal?? I suppose they would have to pay all the money (interest/PPI) back. Probably very silly question...just thinking. :rolleyes:
Many thanks,
TAJ
DMP started 2/2007
DMP Mutual support #136
DFD July 2013 May 2024 Oct 2017 Feb 2017 April 2017...t's complicated :eek::eek:
DMP Mutual support #136
DFD July 2013 May 2024 Oct 2017 Feb 2017 April 2017...t's complicated :eek::eek:
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