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Reclaiming PPI

Is it possible to reclaim PPI although a finance company has made payment arrangements with those you owe money to? A small amount is being paid off each month.
Thanks!

Comments

  • -taff
    -taff Posts: 15,585 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It is but if you owe money they can put any redress against your debt first.
    Non me fac calcitrare tuum culi
  • darrenbilly
    darrenbilly Posts: 32 Forumite
    Part of the Furniture 10 Posts
    But that's still a good thing, as it draws down the debt.
  • darrenbilly
    darrenbilly Posts: 32 Forumite
    Part of the Furniture 10 Posts
    Following on from this: if the normal repayments were missed (defaulted) can I still make a ppi claim? It was around 2008 that the cards and loan were taken out

    Thanks!
  • -taff
    -taff Posts: 15,585 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes, but again, depending on the state of the debt and whether they sold it outright or passed it along, any redress could be used against that first.
    Non me fac calcitrare tuum culi
  • darrenbilly
    darrenbilly Posts: 32 Forumite
    Part of the Furniture 10 Posts
    Whether it's cash in the bank or money off the debt I don't mind :)

    Thanks You
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