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Pp Loans Minefield Legal Or Not Legal Please Help

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caroline34
caroline34 Posts: 15 Forumite
in Loans
HI THERE
Just received loan details and forms etc from FirstPlus for a secure loan to use for consolidation. Got two forms - one form stating loan amount and PP Loan amount and interest rate, APR and Brokers fee etc, on the other form states loan amount with no PP Loan APR has gone up by 0.2 % as has broker fees by £500!!! PLEASE HELP IS THIS LEGAL , rung First Plus they say it is policy to up the Interest rate if we dont take out PP with them. Apparently, all loans companies do it.

Will someone please give us some feedback asap as to what to do and if this is right:confused: :eek:
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