📨 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!

PPI Claim

Hi,

I have started the process of re-claiming my PPI but was wondering if I will get anything.

I have had several loans and fell into arrears with them all in 2006, I entered into a debt management scheme and paid the agreed amounts off each loan until June 2011, I then cancelled the debt management scheme and contacted all of my lenders, surprisingly they agreed for me to make partial settlement offers and close all of the accounts.

I have checked my credit report and all accounts are showing as satisfied and I have confirmation from my lenders that the accounts have been closed, in total I had approx £15k wiped off my debts.

My question is, if the lenders look into my claim will they refund me the PPI or use it to pay off the outstanding balances even tho the accounts have been partially settled and closed?

Comments

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.6K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 600K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.