Post Iva PPI Statutory interest received

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by Andy.75 » Thu Jun 08, 2017 9:12 am
Hi All
Just a quick update regarding my Ppi after completion of Iva. Did a 6yr Iva which went really smoothly and finished March last year. Did the Ppi claims via the IP which i was adamant that i had never taken out any Ppi. All searches came back saying that No ppi found so case closed. 6 months later the ppi claims company said they could dig back further and tried again. Low and behold they found some ppi from a bank loan 23 yrs ago. The ppi was only 3500 but there was 8% statutory interest over 23 yrs which meant there was 7.5k interest on top. According to the T + C's of my Iva, I was entitled to the Statutory interest, minus tax and fees, so wasn't hopeful of actually receiving anything. Then yesterday out of the blue a cheque came through the post from Aperture for £1600. Happy days
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Lisa Thomas
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by Lisa Thomas » Thu Jun 08, 2017 9:25 am
Oh lovely bonus! Don't spend it all at once... ;-)
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by Foggy » Thu Jun 08, 2017 9:36 am
Ooooh -- I can feel a holiday coming on :-)
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Michael Peoples
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by Michael Peoples » Thu Jun 08, 2017 11:47 am
Very good. Enjoy the cash.
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