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DMP and PPI

edited 30 November -1 at 1:00AM in Reclaim PPI & Other Insurance
1 reply 358 views
bagpuss69bagpuss69 Forumite
2 posts
edited 30 November -1 at 1:00AM in Reclaim PPI & Other Insurance
Good Morning,

Advice needed!

I have a current DMP with StepChange. One of the debts on there is with Wescot for old money previously owed to NatWest.

If I reclaim PPI - there are 9 valid claims with NatWest will Wescot who bought the debt off NW be informed by them if I get a payout?

I’d like to do it to try and reduce my debt but I don’t want to end up owing a PPI company money.

Thanks

Replies

  • zx81zx81 Forumite
    28.4K posts
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
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    Don't use a PPI company, whether you're in a DMP or not.

    Any redress will go to reducing your debts. If you do use a company, you'll need to pay them out of your own pocket.
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