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Hi every one'

I wounder if someone can give me a bit of advice, I had a loan from first plus, a rather large one, and I now want to pay it of, but I have been told that I will still have to pay the total amount of my loan insurance policy which comes to £5000. Can any one please help me with this matter.




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Hello welcome to the site.

Have a look at this;





Start your own thread in this group too.

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.



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We borrowed 50k in 2003 with this ppi rip-off as payments kept creeping up we decided to pay 15k of the loan 15 months after we took it out as this brought payments down,

even since we took this out we be trying to get it paid so we have had a few quotes on full repayment

april 05 £46834

june 05 £46808

march 06 £47141

jume 07 £47794


So my original 50k

paid of around £36-38k and yet it is still £47794=£2206 paid

my ppi payment is due next september but are hoping to pay of by then with a mortgage from a decent company.

any ideas if i can claim any money back once paid or what is best to do





it annoys me so much that companies like this can get away with advertising on tv a solution when they are just out to make big profits!!!!

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