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Natwest PPI - Single Premium Policy??
DMorgan2012
Posts: 1 Newbie
HI
Can anyone please help me?
I had a loan in September 2000 which i repaid early. How do i know if it was a Single Premium PPI Policy???
The application loan amount was £10,600 and the Insurance Premium £2,438.
Much appreciated.
Can anyone please help me?
I had a loan in September 2000 which i repaid early. How do i know if it was a Single Premium PPI Policy???
The application loan amount was £10,600 and the Insurance Premium £2,438.
Much appreciated.
0
Comments
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DMorgan2012 wrote: »HI
Can anyone please help me?
I had a loan in September 2000 which i repaid early. How do i know if it was a Single Premium PPI Policy???
The application loan amount was £10,600 and the Insurance Premium £2,438.
Much appreciated.
Hi and welcome
If the ppi was added within the monthly loan repayments, then that is a single premium policy.
So on your agreement, the amount of loan and ins shown separately, but added together in total with interest - as one whole figure, where-as you would be paying for the ppi within the loan as one payment.
Hope that helps.The one and only "Dizzy Di"
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