Or you could make the claim yourself and take out that risk.
Everything you need is on the Martin Lewis site.
Personally I wouldn't go to the trouble to make a claim for the money to go to my creditors anyway --- if they want it let them work for it.
Andy.75 wrote:This all depends on how old the ppi from the loan is. My IVA ended March 2016 and im owed 11k in PPI from a yorkshire bank loan dating from 1993. The Ppi is 3500 but the statutory interest at 8 % per year from 24 yrs ago is mine to keep (7500 ). Minus the fees, which aperture say will be a couple grand. Im awaiting the payment any time now because Yorkshire bank sent the check to Aperture 10 days ago
Hi Andy --- it has nowt to do with the age of the loan. It is Aperture's policy to allow you to keep the interest element --- even so, they do not allow this in all cases -- it all depends upon what agreements you have in place with them. I was with Aperture and not allowed to retain a penny.
Andy.75 wrote:Yes but had the loan been from only 7 yrs ago say, then i would have only been entitled to the statutory interest for the past 7yrs so the longer ago that you had the loan, then the more statutory interest i will have earned?
True --- but makes no odds if you aren't with the very few who will allow you to keep any. Bit of a lottery really.
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