Due an offer for PPI claim- how can i find out how much ppi was on loan?

vegasoul

Hi


After three years of battling, I am due to receive an offer from the bank on a loan I had between 1997-1999 which I paid off early. The claim was initially unsuccessful as bank had no record of ppi but, have now conceded that I did have it after all. All I have is monthly loan payment figure from some statements and a final payment to clear off the loan. How will I be able to check what element of my repayments were ppi without having the loan agreement detailing it?

thanks in advance

-taff

There's no point, PPI redress is defined so they won't be stiffing you out of anything. You will get less because you paid the loan off early.

[Deleted User]

vegasoul wrote: »

How will I be able to check what element of my repayments were ppi without having the loan agreement detailing it?

You won't be able to "check"anything without your own documentation.

However, the bank are duty bound by their Regulator to refund all the PPI you actually paid plus 8% simple interest, so there is little incentive for them to short change you.

vegasoul

many thanks for your replies:-)