We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Dmp &ppi
refie999
Posts: 5 Forumite
I am helping somebody come out of a debt management plan and encouraging them to deal with their debts themselves. I notice that he has been paying £11.49 per month PPI to the debt management company. Can we claim this back?
0
Comments
-
No, it wouldn't be PPI to a debt management company.
You only get PPI with either a loan, creditcard, or catalogue account, or similar.
The £11.49 a month may be the charge they make for "administering" his DMP.
If he believes he was unduly pressured into signing up with them, then he should complain to that effect in writing.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
It is definitely PPI The company is Harrington Brookes
They have sent a letter giving PPI reference which starts 'In line with competition commissions protection insurance market investigation order 2011 we enclose annual review of your policy. They are asking my friend to review his policy to ensure he has enough cover.
He pays them £11.49 per month and it clearly states annual cost of PPI IS £137.88 per year0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.6K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.6K Work, Benefits & Business
- 600K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards