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clarification on the ppi refund?

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23rd April 2007, 20:44	#1 (permalink)
cool mr croc Basic Account Customer Watch out, there are Claims Touts about! Challenge your credit file? Join Date: Apr 2007 Posts: 1	clarification on the ppi refund? hi, please help, my mum is driving me mad on this. i think i understand it, you take out a loan with ppi, pay off loan early with a settlement figure which takes into account that youre not paying the remainder of the insurance, and so get a refund (reflected in the settlement figure) my mum seems to think you can get a refund on everything youve paid, or at least cancel it now and carry on repaying the loan without it. i took out a loan for £6000, total ppi £1,170.72, a little over a year ago, my settlement figure now is £4573.41 i asked northern rock if i could cancel my ppi, they said i would have to take out another loan. am i entitled to anything?

« Company Ignored right to cancel | Insurance quotes not honoured ????? »

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