Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Does anyone know if PPI can be refunded on a defaulted loan?
I would've thought if the loan has been defaulted then surely the ppi is invalid, and refundable?
Just a thought
Unfortunately i'm not an expert in any given field legally and my advice and that of the Consumer Action Group and the Bank Action Group is given without prejudice and without liability so please if in any doubt whatsoever seek help from an insured qualified professional. Contents of my posts are purely my own personal opinions and not condoned or endorsed in any way, shape or form by CAG. Thank you!
At work our collections team will oftern suggest canceling the insurance to bring to account back up to date , But is not a full rebate . Its just what the rebate would be if the loan were to be settled early. so what the PPI would be on the rest of the loan .
Hi Holly99, do you know how the PPI rebate is calculated and furthermore, do you know how the rebate on interest is calculated. This would help me in my case against Direct Line. Thanks and sorry to hijack your thread Cillitbanger.
Cheers davidp1948
refundable if defaulted on loan?
can be refunded on a defaulted loan?
The Consumer Forums
Reply With Quote