We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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, won't let me cancel it!
Options
downandout!
Posts: 97 Forumite
Hi folks,
I have an unsecured personal loan with Halifax. I took out the loan in Feb 02 and have been paying about £190 per month since. Since discovering this site I have been trawling through all my debts and I have found out approx £27 of the £190 is PPI. I phoned Halifax Insurance in Ireland (damn 0845 number) and was told they couldn't cancel it over the phone, so I would need to go to my local branch and cancel it from there. I went yesterday morning to the branch and was told I couldn't cancel it as it can only be cancelled within the first 30 days and the only way to get rid of the PPI is to take out a new loan. I went back and called the damn 0845 No again and the gentleman on the other end said I could cancel it at the branch and if I had any further probs I was to tell the bank to deal direct with them. I went back to the bank last night and they said they cannot cancel it and called the Insurance who agreed and said I do need to take out a new loan to get rid of it. Trouble is, I tried to get a loan from them before xmas and was declined.
Anyone have any ideas of how I can get rid of this PPI as it is a waste of £27 a month and I still have about 16 payments to make.
Thanks in advance
downandout!
I have an unsecured personal loan with Halifax. I took out the loan in Feb 02 and have been paying about £190 per month since. Since discovering this site I have been trawling through all my debts and I have found out approx £27 of the £190 is PPI. I phoned Halifax Insurance in Ireland (damn 0845 number) and was told they couldn't cancel it over the phone, so I would need to go to my local branch and cancel it from there. I went yesterday morning to the branch and was told I couldn't cancel it as it can only be cancelled within the first 30 days and the only way to get rid of the PPI is to take out a new loan. I went back and called the damn 0845 No again and the gentleman on the other end said I could cancel it at the branch and if I had any further probs I was to tell the bank to deal direct with them. I went back to the bank last night and they said they cannot cancel it and called the Insurance who agreed and said I do need to take out a new loan to get rid of it. Trouble is, I tried to get a loan from them before xmas and was declined.
Anyone have any ideas of how I can get rid of this PPI as it is a waste of £27 a month and I still have about 16 payments to make.
Thanks in advance
downandout!
0
Comments
-
Have a look on the "LOANS" thread.... others are in the same situation.... including me..well my OH....hopefully someone will come up trumps!
"You never really understand a person until you consider things from his point of view...
until you climb inside of his skin and walk around in it"
Harper Lee - To Kill A Mockingbird0 -
Silly me Julie,
Thanks.
Any ideas of how I can delete this thread as it shouldn't really be here?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards