Ppi claims ( intreast over loan) confused

[Stacy22]

Mornnig , when I took my loan out fscs confirmed it was 1340 start of loan from welcome I know I paid silly about of. Intrest on the laon and ppi was combined to the sum of the loan what I confused on is do I pay intreast on the ppi over the loan period as I did the loan ,,,does ppi acure intreast over the loan

[di30]

Re: Ppi claims ( intreast over loan) confused

Hi there
Yes it attracts interest as the ppi was added within the loan as one whole monthly payment, so you will receive an amount of interest with the refund as well, calculated at the end of the claim.

[Stacy22]

Re: Ppi claims ( intreast over loan) confused

Is that the z8 percent ,, or is it intrest you pay over the loan I had it out with welcome so I think it was some thing silly about 29 percent is that what there work there counting out from I doing it with fscs so it I bought it for 1340 there add intrest on that

[Stacy22]

Re: Ppi claims ( intreast over loan) confused

Is that the z8 percent ,, or is it intrest you pay over the loan I had it out with welcome so I think it was some thing silly about 29 percent is that what there work there counting out from I doing it with fscs so it I bought it ppi 1340 there added it to the loan there add intrest on that what I paid for four year