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Got copy of loan agreement but need help!!!
adsmum
Posts: 5 Forumite
I have received a copy of my loan agreement but am not sure exactly what to do next under loan it has £9000 then it has loan for payment protection plan for £1416.95 does this mean PPi was loaned to me up front. Do I now write to the bank saying this.:o
0
Comments
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Yes,the payment for this ppi will be in the monthly loan payment amount,this is frontloaded and one of the reasons for mis sell.
Look here for others that may apply to you.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step20
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