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Secured Loan PPI

craigmc
craigmc Posts: 121 Forumite
Part of the Furniture 10 Posts Combo Breaker
Hi All

I am new to this website and have found some very helpful information - most of which I will act upon.

My question is

I have a secured loan with GE money which originally was for £31,500 + £5000 PPI

I currently pay £282.26 per month.

I would like to approach GE to cancel the policy and thus reducing my monthly repayment. Does anyone know where I can find a template etc?

Just one other thing to add. In July I remortgage and GE got a £10K payment on the account, so in effect I am currently approx 36 months ahead of pay-off date. Would this have any impact?

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