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About Bubsmum

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  1. Many thanks for clarifying that. The loan was for £250 which at the time i was desperate for, when i now look at the statement it appears that i paid £65 a month and they took between £21-£29 Contractual Interest!
  2. A company called Oakham have been in touch regarding a loan i took out several years ago, although i thought it had been paid they claim i still owe them a small amount of money. I asked them for a statement which seems to say they are correct. The issue i have is the large amount of interest charged each month, they call it 'Contractual Interest' and i am wondering if this is the same as PPI? Would be grateful for any help on this.
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