Showing results for tags 'charge for credit'.
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Just had a look at my Direct Line loan offer dated 2001 - it has 0 (zero) against the Loan Payment Protection, but against Total Charge for Credit it has charged me £1,770! This took the original loan amount of £6,942 up to £8,712! I cannot remember anything about this, and certainly would have said no to PPI as any redundancy as a result of job loss would have taken care of this loan. Moorcroft took this debt over and a recent statement from them stated the amount of £1,770 was in fact under the title: Insurance Premium, rather than Charge for Credit. Can I claim this back?
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reg.05783665
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262 Uxbridge Road, Hatch End
England
HA5 4HS
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