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PPI question IVA
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greenbrucelee
Posts: 305 Forumite
in IVA & DRO
I am with payplan and they use creedo claims to get back any PPI
I was wondering with defaulted debts the creditors add interest to the debt until the IVA is in place. When they are adding interest does any PPI within that debt also acrue interest?
I was wondering with defaulted debts the creditors add interest to the debt until the IVA is in place. When they are adding interest does any PPI within that debt also acrue interest?
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Yes the PPI will be accruing statutory interest which is 8.5%0
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