Thanks for your response Sorry if i didn't make it clear but I have been successful with my claim and FOS upheld my complaint. Firstplus will now be paying me the ppi premiums, contractual interest and stat interest. The reason for my post is that when i spoke to FP on an admin matter I enquired about when they will come back to me - it was during this conversation where they said that due to the rebate of the PPI premium i got back in 2005 this will mean my monthly payments is likely to go up. On the basis the FOS clearly state the customer must be put in the position they would have been if the ppi was not taken out then this surely cannot be right and was just enquiring whether anyone has dealt with a similiar issue. Many Thanks

Has anyone been successful in recovering the PPI payments (in line with the FOS recommendations) from Firstplus after they have received the cashback after 5 years. If so can you contact me because a call to Firstplus has left me very confused because apparantly because of the cashback my balance will stay the same and my monthly payments increased! FOS upheld my complaint and now waiting for FP to come back to me with calculations but I am not that confident they will treat me fairly. Here are all the relevant figures Original amount advanced - £55,000 PPI amount - £13,469.50 Term of loan - 300 months first payment - September 2003 Original repayment - £642.96 Original APR - 12/2% Original MIR - 0.967% Monthly payments did increase to £665.33 (04/04), £677.55 (06/04), £702.27(07/04) Things get a bit complicated because in December 2005 made partial payment of £40,140.44 Over same term monthly payments reduced to £320 rised to £351.52 (08/07). Current interest rate is 13.2% In August 05 i had the refund of the PPI policy of £13,469.50 Many Thanks