Hi everyone please advice me - we had a secured loan and a ppi attached to the loan - hard selling and all that) we tried to cance the ppi about 2 weeks after the laon was set and we were tolld we could not. we then got in financial problems and we approached them again this time they said yes we could cancel the ppi.(£108.70) we had made 10 months payments already. BUT what they done was this.
cancelled the whole agreement and set up another agreement without the ppi BUT the new agreement was set over
10 yrs and the paym,ent is £400.25 per month (the payment for the loan only on the 1st agreement was £381.00) per month SO by cancelling the ppi IT has enabled blackhorse to gain out of us ! more yrs payments of £400.25 per month and all the interest and 109 payment of £18.47 (this being the difference between the 2 agreements) pluss interest . It totals up to nearly £11000.00 BLACKHORSE are better off by us cancelling our PPI. i have written to them and i am still writing to them I am now giving them 14 days (i have to wrtie another letter the weekend) PLEASE TELL ME SHOULD THEY HAVE JUST CANCELLED THE PPI NA D LET US CARRY ON WITH OUR AGREEMENT AND PAYMENTS. KIND REGARDS KAZZ
blackhorse missold ppi and agreement 
