First plus not rewritten agreement post ppi claim

Tabbycat13

Hi

In 2007 I took out a loan with First plus with ppi years later I claimed it back and was told that the agreement would be rewritten as though I never took it out. Move forward a few years and this is now with elderbridge. I've found out today that the credit agreement hasn't been rewritten they've sold my debt on with the original credit agreement. I need to settle this as I'm selling my house but don't want to have to pay an extorniate amount back. What should I do

jonesMUFCforever

Ask them how much you owe?

Tabbycat13

Hi

They gave me a settlement figure of 25775 when I borrowed 30k nine years ago

jonesMUFCforever

How much did you borrow and at what rate?
How much PPI was added onto the loan and how much did you get back?

jonesMUFCforever

Just had another thought - did you get the refund or was it credited back to loan>>??

If it was paid back to you then you still owe it on the loan as you cannot have benefited twice.