PPI claim backs.

[Mick Stockbridge]

So it looks promising then, thanks for the replies. That's nearly 2k to come back, I wonder if I should charge them interest for holding on to my money for so long......the sneaky thieving gits

[Mozza]

Does this have to be a current loan/mortgage/credit card??

 

Only ask as my mrs had insurance on her Loan that lasted 5 years but she paid it off about 3 month ago

[aliross]

No, it doesnt have to be a current loan/card/mortgage. Claims can be for insurance dating back up to 10 years. Check out Martin Lewis website for good info.

[pleasant]

I've been paying £12.41 per month for the last thirteen years for mortgage payment protection insurance, waste of money really as my mortgage is only £176 a month but I did what I did and took out the cover.

 

My question's are, can I claim it back and has anyone else ever tried to claim back PPI?

 

 

If you find you've been paying for PPI you didn't know about, it's worth investigating. But note that if you weren't actually misinformed about, or mis-sold, PPI you're unlikely to have a case, and there's little point in starting a claim without good grounds.

[Craig Johnson]

you'll also get compund intrest back dated on the amount you paid, which when my claim came through it was more then double what i paid!!!

[WorcsWuss]

Just a resurrect to this thread.

I hadn't bothered looking into my old loans but when I was in my bank in March I asked about it.

Filled a form out, sent it in, bank phoned me a couple of weeks later to ask a couple of questions and I subsequently forgot all about it.

Got a fat letter in the post this morning from Lloyds with all my loan and ppi info in it, apparently they've 'upheld my complaint', which was more of a passing stab in the dark really.

 

Anyway, the letter reads a bit funny and there are lots of figures and 'offers', so I'm not entirely clear how much I'm getting back, but it's somewhere between £2700............ And £8300 :w00t:

I'm not sure where though! Will find out in the next month when it arrives in the account

Either way it's a damn sight better than a kick in the balls!

They pay 8% interest as well!

Edited April 27, 2013 by WorcsWuss

[Stephen Blair]

Nice 1, I just realised I have a £33 a month DD for a PPI, meeting my financial guy this week. Haven't a clue how long I have been paying it, and I have had loads of loans, finance and mortgages over the years .

[WorcsWuss]

Nice 1, I just realised I have a £33 a month DD for a PPI, meeting my financial guy this week. Haven't a clue how long I have been paying it, and I have had loads of loans, finance and mortgages over the years .

 

Not sure where you'd stand on that one but for any loans you've had you can download a form from the bank and send it in, easy as pie. Got to be worth a try

[csservices]

If they sold you ppi whilst knowing your self employed then its been mis-sold as self employed are'nt coverd by ppi so you can also put in a claim for mis-selling as I understand it, had lots of good advice from here The Consumer Forums - Page One

[Rupe]

I got £8.4K last year from Northern rock, thay had added PPi to an extension on my mortgage, so not the original mortgage but the additional drawdown amount, back when they were doing 110% mortgages, so the first 90% was no PPI but then I got the 20% extra it had PPI on it. Definatly without my knowing!

 

Mick if you chose to take the PPi then it might not be missold, but the fact that you are SE employed means its worthless to you anyway so that is misselling as you should have been informed.

 

If in doubt just say you dont recall asking for it, its up to them to prove otherwise, but mention you are self employed (I assume you were back then too?) and that you wouldnt have been able to claim on it anyway and it should be fine.