Lloyds debt sold to 1st credit but includes PPI

[ferrotty]

Can I just ask a question about this for my son,

 

just to put you in the picture

 

I won my sons case and claimed back the PPI portion of this Debt from LLoyds,

 

I think his loan was for £6000 but they had put the PPI onto that as a lump sum (1900)

and he kept up payments for a year when he had to stop paying due to his financial situation,

 

he did pay the odd payment after that and redid the loan to make things a bit easier but in the end stopped paying.

 

My question is

 

how can a loan of £6000 with PPI which comes to about £79oo when PPI added on

be passed on as a debt to 1st credit for £6532

 

when the PPI portion has been paid back to my son

and he has made approx 18 months payments.

Edited February 1, 2014 by ferrotty

[dx100uk]

dunno

 

you'll have to get all the statements via an sar to Lloyds.

 

if it was refinanced

did the original loan have PPI too?

and was that detailed in the refund sheet they gave?

 

or did you just send a letter

and Lloyds did all the calc & you accepted they had done things right?

 

dx