We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
DMP and ppi
Shazza50
Posts: 97 Forumite
We are seriously looking into doing a DMP. The two loans we have are covered by ppi, by going on a DMP can anyone tell me if this will make the ppi void?
0
Comments
-
Anyone please?0
-
We are currently on a dmp and the cccs asked us to write to one of our creditors to ask for the payment protection insurance to be removed. Hope this helps a little, not sure if this helps but sure someone will be along soon who knows more about this Good luck Cat
- DMP started July 07 £25.000
- July 09 £18.000

0 -
Did they remove it without any hassle and did you get a rebate on the ppi? I did phone one of ours up a few weeks ago and was told that I would have to take out a new loan and the rebate would be taken off the balance of the old loan.0
-
Forgot to add that instead of saving £66 per mth if we went ahead it would only be £10.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards