What does PP mean on statement

akp79 · 17 March 2013 at 7:47PM

Hi

Can anyone tell me what PP means on a loan statement? I have received a final statement and next to every payment were the letters PP.

Thanks

[Deleted User] · 17 March 2013 at 7:48PM

Payment something, I'd have thought.

akp79 · 17 March 2013 at 7:50PM

Am trying to work out whether it has anything to do with PPI and if I can make a claim? Don't want to look silly if I go into the bank!

somethingcorporate · 17 March 2013 at 8:02PM

What does your paperwork say? does it mention PPI?

If every payment mentions PP I doubt this is PPI if it is against the capital repayment element.

pheonixrising21 · 18 March 2013 at 11:13AM

Payment Processed maybe? Ask at the bank, they should be able to tell you wht it means.

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