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
ppi
TIMEWILLTELL11
Posts: 1 Newbie
Hello,
Glad to be part of this forum. I have a question? i have requested to have my ppi repaid back to me. The bank did, and want to pay the money towards my loan balance. I had arranged a payment plan with the bank before they offered me the money back, and i wish to have the money paid into my bank instead. is that something that can be done?
Glad to be part of this forum. I have a question? i have requested to have my ppi repaid back to me. The bank did, and want to pay the money towards my loan balance. I had arranged a payment plan with the bank before they offered me the money back, and i wish to have the money paid into my bank instead. is that something that can be done?
0
Comments
-
Hi and welcome.
You can certainly ask for that, but if there are any overdue payments or arrears they'll often use the money to clear them first. No harm in asking though - and well done on your win!0 -
Typically, you get the balance after any arrears, defaults and amounts written off have been repaid first.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards