I'm waiting for my SARicon to come back, re car finance, but hoping its going to have info relating to a secured loan I took out with welcome in 04. Now, i'm assuming I can claim my PPIicon back, but the loan is now paid off, was paid off in 04 when i remortgaged. Loan was for 2.5k, cant remember what was paid back to clear it tho. If I can claim the Ppi back, as I did try to use it but my claim was refused, missold i'm told, would this have any effect on the settlement figure I paid? I mean, could I claim back any extra I paid because the Ppi was included? Hope that makes sense.
For instance, just for an example, if loan was 2.5k with ppi and settlement was 10%, so 250, so to settle would be 2750. But without ppi it was 2k, the 10% settlement would then be 200, so to settle would cost 2200, obviously less. Could I then reclaim the difference if the Ppi was refunded?