To have accepted this ppi refund?

[ariane5]

Long story......

12 years ago (when I was young and foolish) I took out a loan for dh's mother as she was in a lot of debt and couldn't get one in her own name. She promised she would pay it every month but only paid the first 2 repayments then stopped leaving me to pay them.I had no choice as the loan was in my name so as far as the bank were concerned it was my debt even though I hadnt had the money.

DP (he is now dh) and I split up and I was 8 weeks pg, I had to pay the loan payments from my benefits and struggled with bringing dd1 up because we had no money.
In the end I repaid the loan (took 3 years) and I took mil to small claims court and she had to repay me every month which she did (eventually-she still missed payments and tried to get out of it).

Recently I was short of money again so I claimed back the ppi on this loan from 12 yrs ago BUT dh says that really the £1900 I got back is technically his mums and never to mention it to her as she will want the money as she did eventually repay me

After the way she treated me and the fact the loan was in my name I thought it was fine for me to have done this or AIBU? Is the money really mil's?

It was a long time ago virginiadare, we were both young and silly. He left me in a horrible situation and they wouldnt pay the loan and then took me to court over visiting rights to dd but its all in the past now and we are very happy now and have 4 lovely dcs. DH is very different to back then, sadly mil just the same !

tbh dh whole family are awful with money/debts etc, I try to just keep out of it (and dont allow dh to lend to them anymore like he used to-they never learn or repay him)

Agree with previous posters saying keep it- however, there's lots of ads/emails/texts doing the rounds at the moment with companies "suggesting" that people may be able to claim their ppi back. What if you mil twigs on and asks you directly about claiming? Would you be happy enough telling her straight or lying to her if she does ask?

YANBU! And your DH should get a friggin back bone

The protection was taken out in your name, to cover you if you were unable to repay the loan. It would never have paid out to cover the repayments if your MIL was made redundent etc. I would therefore say that she is not entitled to it in anyway, it was missold to you, so you get the refund.

The loan was in your name. But more importantly the insurance was in your name and only you were covered.

Therefore, you are entitled to the refund.

What if you mil twigs on and asks you directly about claiming? I don't know about you but if I had treated my DIL so terribly, affected her credit rating and put her through a court case so that this debt was eventually paid - under duress, I don't know if I'd muster up enough of a brass neck to even suggest it. As pp says, call it interest.

Also it stands for Payment Protection Insurance. She did a piss poor job at protecting any payments. :o

"What's the MIL? The loan you didn't pay me? That left us so short of money I couldn't buy nappies? That I had to take you to court to get you to repay? Do you really want to bring that up?"

Legally it's yours because the loan was in your name. Morally it isn't, because as the pps have said she has effectively paid you back the premiums and should therefore receive the refund of them.

We had a similar situation, except it was dh who took out a loan for his mother so that she could buy a car. She also made a couple of payments and nothing after that. He lost his job and I ended up having to pay it. Wish I'd had the balls to take her to court, well done op. Instead I have stewed on it for years and is part of the reason I no longer have a relationship with the toxic cow.

I think it's yours because technically there are 2 loans which have nothing to do with each other.The bank's loan to you and then your loan to your MIL.

I would keep it without a backwards glance!!! What a cheeky cow!
And ps; enjoy it!

Your DH won't be saying anything ?

Quelle surprise!
Where was he when his mother defaulted on your loan ?