ppi payment received does it seem right?

asoe209

Morning all just a quick check really.

I have just had my PPI sent back to me from my car payments. Done via my self from righting to them.

They paid £1116 this was over a 5 year payment.

When the ppi was cancelled i had 2 car payments left which took my monthly payment for 185 to 159.

I have not yet had the paper work but dose this payout seem right.

roonaldo

dont know, you havent said how much your premium was or if there was a rebate if any when it was cancelled (i suspect not). but based on your monthly payment it looks about right.

asoe209

Ok ill get that info posted later then, as far as i know this was the rebate. I just sent the letter posted from the guide, to which i had a reply saying we will pay back every thing plus intrest this is what it was.

asoe209

Hi again just follow up question on this, still not sure if this is right, i have now received my letter show a breakdown of the last few payments as this account is now paid off.

It shows on there that the money sent was just what was cancelled.

What info would any one need to help me with this?

[Deleted User]

asoe209 wrote: »

What info would any one need to help me with this?

How much you actually paid and how much you got back. Why not post the breakdown you received?

asoe209

Sorry been a bit lack ill get that posted up tomorrow.

asoe209

Hello again, been sorry been busy last few days an was not able to get the info required to help with this. I now have it the details for any one to be able to help with this.

I how ever have for got to bring the breakdown of the payment with me today but I can post that up later this evening but the total amount sent back is what I got.





thanks

-taff

If the total you paid originally for PPI was 1431.40 then, yes, it's wrong.

asoe209

Well if im honest I dont know what I paid in total I was just paying the £185 a month over the 5 years, ill have to post up the minus the 2 months where they cancelled it off.

ill have to post up the other letter as well with the costs when I get home

-taff

If you look at those two jpgs, on the bottom of the second one it says Total Price for Payment Protection Plan= £1431.40.

snadra19

I cant remember who I had loans with or when I took them out, but I know I was always told I needed payment protection to cover myself. How on earth do I go about reclaiming when I have no details or paperwork??