OK thanks I'll give it a read through, I defo dont have all my statements as they never sent many out.

Thanks for the help

Thanks for the link Silverfox1961. I will be contacting FP to discuss the possible repayment plan and I will request a reduction in APR. Do you know of any good posts about claiming back PPI from First Plus. Just not sure of the steps and I dont want to involve an independent company to do it for me. Kind Regards Alan

Hi, Im new to this forum so looking for some guidance. Me and my partner took out a First Plus loan back in 2004 for £55000 at an APR of 10.5% over 300 months. We took out the optional Payment Protection Premium which came to £13469. We had been paying this off at monthly payments of £623. Due to other financial difficulties with my wifes redundancy etc..we defaulted over the years and trying to pay the installments ontime was difficult due to FP's variable interest rates, and the monthly installments kept going up to about 700 per month. We have received a letter from FP looking for a payment plan and they say that we now owe £79,500 which includes outstanding arrears and current interest rates. They are asking for £800-900 payments per month which I just cant afford, I am very worried now that they will call for an eviction notice. I was hoping that I might be able to claim back the PPI, reading some of the forums I have downloaded a PDF copy of SAR. I was thinking if I claim back some PPI on the loan it might decrease the amount I have to pay to a more acceptable level. If anyone can give me any guidance on this I would be eternally grateful. I feel as if im at a brick wall and really need help. I am in full time employment with a hard working wage to see my family through but getting sucked dry by these FP people. My loan is now in the hands of TLT Solicitors. Kind Regards Alan