Payment protection insurance (PPI Claim)

I thought I was until yesterday, I can now see how it was misselling because I think it was just added on without us knowingly agreeing to it

 

Can you claim a refund of PPI if you actually successfully claimed on the insurance?
Like what I have done?

 

I would think that if you'd claimed on the policy, you must've wanted it and knew you had it. so it maybe wasn't mis sold to you in the first place

 

i've never checked i've always had some excuse not to do it i suppose.

 

So, probably worth a go then.

 

ive missed so so many freebies for fear of the ppi scammers too .

I just dont know why thy cant just pay all those that it affected / entitled and stop all this letting hi eeenaz getting money for nothing

 

I've just sorted mine - did it online as the bank have it online.

I'll do the ones I know about myself, then when the dust settles give the no win no fee mob a go to mopp up anything in a credit card or mortgage that I don't have any paperwork for (I keep all the bank stuff).

 

I am lazy as well ,so got mrs lef to chase it up for me ....and apparently she had a mortgage with it as well...

 

No, there are others who ask simple questions too. Like
If I have endowment mortgage where does the commission come from - answer: every penny of your 1st 2 years payments. er no thanks!
As self employed can I claim on PPI - er, no. Sod that then.
As Mortgage is the only loan I ever had I will check though - slimey banks...

 

I'm self employed and I've claimed ppi! Makes no difference. I claimed back on a black horse loan myself and got told to do one, so I contacted one of these companies and they got me 1.5k back after commission! I've now got another company checking everything else for me. They take 25% which is a lot, but if I get a quid back I'll be happy. They do a referral scheme too so you get £20 of shopping vouchers for every friend you nominate. Called the fair trade practise or something!

 

I've always said no to PPI so never thought I had it!
Then I think back & remember applying for an amazing low rate loan, again said no to PPI oh I'm sorry sir you don't qualify for low rate you can only have this higher rate! Never thought anything of it at the time as my finances were a mess, to be fair I was a mess at the time & not long met mrs robo & she helped me sort it all out & get myself out the poo, loan was needed to do this!

This is the one I got a refund on last year too! Cheaky buggers had added the PPI on and included it within the increased interest rate, probably self insuring but passing on the cost...

If your self employed you can't claim so any PPI will be an instant refund!

 

ive been self employed over thirty years , so how do you know if they took it ,i was forced to have critical illness insurance but it turned out id have to be dead before i could claim , as being self employed i paid higher interest too as higher risk in their eyes , but why i was more incontrol of my own destinythan someone who was employed ?, this said i assume im not entitled to owt , i do get pestered all the time but dont answer .What worries me is giving sensative details to tom dick and harry too.

 

I've only ever been self employed and I know for a fact the bolted it on to two loans I've had in the last 20 years, both without telling me....it was only because I've kept pretty much all my paperwork and receipts since 1993...I just never read any of it since...

 

I got a call from one of these companies yesterday, but interestingly they called my mobile, but we're 'calling from' the area code of the landline where I live, so it looked like it was a neighbour calling me. I never bother picking up on PPI calls nowadays, but this fooled me!

Slightly off topic, but I thought it was interesting,

 

That's what I thought. But I had. Often you're not aware - that's the whole misselling thing. I only found out when Barclays sent me a letter asking if I wanted to carry on with my insurance! Must've been a pre-ticked box I'd missed back in the 1990s. I got £650 back. If you've ever had a loan for anything, or an overdraft, or a credit card you might have unwittingly signed up too..

 

DIY. It's easy. Bank sends you a form. Fill in what you can remember. Send it off. Wait about three weeks and the verdict comes back with a payment soon after.

 

This is exactly what i'm doing right now the forms came yesterday, A lot of it like dates and other specifics I can't remember so I rang them back, the bloke said just fill in what you can because we know all the answers anyway, sign it and sent it back

 

I can tell you right now that they don't, not for everyone, they only have to hold data for 7 years and then they deep store it.....that get's binned after 10 years or so, and the cataloging system if it's paper based tends to go awry (because often they move it from storage provider to storage provider and those boys aren't the best at ingesting someone else's data into their own system).

What they tend to do is have a scale of 'awards' that they use rather than research fully each claim (as often the award is less than full monty research) and you get offered that - each type of claim, mortgage, personal loan etc has this scale of awards.

I'm not saying they never investigate - they tend to sample unless it's a very recent timeframe and all info is scanned and held electronically.

 

Lots of banks etc got bought out by others some even went bust , then where do you stand ?

 

As I recall - only investment banks went under and they tended to be American or Icelandic and you wouldn't have had a loan or mortgage from them - quite the opposite.

As for place like Northern Rock and RBS - they were bailed out and or bought - from what I understand the new owners inherited the contract element and are liable.