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!
First plus not rewritten agreement post ppi claim
Tabbycat13
Posts: 2 Newbie
in Loans
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
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
0
Comments
-
Ask them how much you owe?0
-
Hi
They gave me a settlement figure of 25775 when I borrowed 30k nine years ago0 -
How much did you borrow and at what rate?
How much PPI was added onto the loan and how much did you get back?0 -
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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards