P
Princessa
Guest
Hi all,
Newbie here so be gentle!
Three years ago I took out a 5 year motor loan with payment protection. Last year I wanted to take out 3,000 to pay for tuition fees but they explained that I could not simply extend the loan I had I had to take out a loan for the amount of my existing loan plus the 3000 I wanted and pay off the old loan with the new one. (I hope everyone is still with me!)
Anyway on the 2nd loan I decided not the take payment protection. So my question is (finally) would I be entitled to a refund on the payment protection premiums from the first loan which I paid off 2 years early?
Thanks!
Newbie here so be gentle!
Three years ago I took out a 5 year motor loan with payment protection. Last year I wanted to take out 3,000 to pay for tuition fees but they explained that I could not simply extend the loan I had I had to take out a loan for the amount of my existing loan plus the 3000 I wanted and pay off the old loan with the new one. (I hope everyone is still with me!)
Anyway on the 2nd loan I decided not the take payment protection. So my question is (finally) would I be entitled to a refund on the payment protection premiums from the first loan which I paid off 2 years early?
Thanks!