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ppi on credit cards


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i am despartly trying to pay off 3 cards

 

each month i am pretty disgusted at how much of my payment goes to ppi plans.

 

while im sure i did sign up for them, can i now cancell the insurance to speed up paying off the cards

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You should be able to cancel the PPI, If you have any problems Have a look around the PPI forum..

 

Ian

Lloyds TSB -PPI - Full refund . 05/09/06 :D:p (As Seen on TV) :p

Halifax settled in Full.. :D 22/09/06

TSB First Claim SETTLED IN FULL 19/10/06 :D

Second Claim to Lloyds TSB - Settled in Full

Firstplus - early settlement interest charges - Challenged the use of the rule of 78 - SETTLED IN FULL 12/1/07

PPI - GE Money / Purpleloans / Firstplus - Now Settled after 1 year long hard fight.

 

 

 

If my post has helped you, please click the scales! :grin:

 

Anything said is my opinion and how I understand the law, always consult professional legal advice before taking something to court.

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The PPI is a rip, basically what they do is hope that you take that and only pay the minimum. This leaves a tiny part of your payment coming off the balance each month. Chuck in the odd late fee and the debt will not die!

 

Check out the Motley Fool get out of debt boards, some diamond tips on there.

The views I express here are mere speculation based on my experience. I am not qualified nor insured to give legal advice and any action you take will be at your own risk.

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