Good afternoon all!
I am in the process of claiming PPI back from Loans.co.uk and am using a claims managment company to do this. It has been going on some time now and I'd like to ask a couple of questions!
I have recieved a letter from Loans.co.uk saying they are going to pay me back the PPI in line with FOS guidlines.
I settled the loan and single premium PPI after only 7 payments over 6 years ago.
What I want to know is will Loans.co.uk pay interest on only the 7 payments i made on the loan (the PPI part of the payment) or will it be on the whole of the single premium (Over £13K in PPI)
Also - What is the normal waiting time between calculation of refund and payment as it was the begining of June when they agreed to payout and I still have not had the calculation of refund yet!
I have been asking the claims managment company but they seem happy to simply wait!
Thanks for the help!
I am in the process of claiming PPI back from Loans.co.uk and am using a claims managment company to do this. It has been going on some time now and I'd like to ask a couple of questions!
I have recieved a letter from Loans.co.uk saying they are going to pay me back the PPI in line with FOS guidlines.
I settled the loan and single premium PPI after only 7 payments over 6 years ago.
What I want to know is will Loans.co.uk pay interest on only the 7 payments i made on the loan (the PPI part of the payment) or will it be on the whole of the single premium (Over £13K in PPI)
Also - What is the normal waiting time between calculation of refund and payment as it was the begining of June when they agreed to payout and I still have not had the calculation of refund yet!
I have been asking the claims managment company but they seem happy to simply wait!
Thanks for the help!
Comment