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paying off loan while ppi claim going on
nette65
Posts: 2 Newbie
Can I pay off loan with early settlement figure and still go on with ppi complaint?
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Comments
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Can I pay off loan with early settlement figure and still go on with ppi complaint?
Hi there
If you pay off your loan now, it will include the ppi as well, and if you make a reclaim when you paid this off, they should if successful refund every penny you have made on the ppi, which would be the full ppi, plus the relevant interest.
However, on settlement they may reduce the balance as a rebate, they do this by lowering the balance and you receive on reclaiming the remainder of the ppi, plus interest.
Good luck.;)The one and only "Dizzy Di"
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Many thanks Dizzy Di
not used to dealing with all things financial!
thanks
again!
:T0
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