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  • FIRST POST
    • Valerie 67
    • By Valerie 67 7th Feb 18, 5:22 PM
    • 1Posts
    • 0Thanks
    Valerie 67
    No idea if charged PPI
    • #1
    • 7th Feb 18, 5:22 PM
    No idea if charged PPI 7th Feb 18 at 5:22 PM
    How can I reclaim PPI if I have no paperwork & no idea if I have been charged it by the many financial institutions I have used over the years ?
    Thanks for any advice
Page 1
    • antrobus
    • By antrobus 7th Feb 18, 5:41 PM
    • 15,481 Posts
    • 22,085 Thanks
    antrobus
    • #2
    • 7th Feb 18, 5:41 PM
    • #2
    • 7th Feb 18, 5:41 PM
    How can I reclaim PPI if I have no paperwork & no idea if I have been charged it by the many financial institutions I have used over the years ?
    Thanks for any advice
    Originally posted by Valerie 67
    You contact the financial institutions concerned.If they still have a record they can confirm.
    • Jessite53
    • By Jessite53 7th Feb 18, 6:12 PM
    • 3 Posts
    • 0 Thanks
    Jessite53
    • #3
    • 7th Feb 18, 6:12 PM
    Ppi
    • #3
    • 7th Feb 18, 6:12 PM
    Same question and is it in the interest charged
    • zx81
    • By zx81 7th Feb 18, 6:13 PM
    • 15,544 Posts
    • 16,497 Thanks
    zx81
    • #4
    • 7th Feb 18, 6:13 PM
    • #4
    • 7th Feb 18, 6:13 PM
    No. PPI isn't interest.
    • Moneyineptitude
    • By Moneyineptitude 7th Feb 18, 11:08 PM
    • 19,518 Posts
    • 10,616 Thanks
    Moneyineptitude
    • #5
    • 7th Feb 18, 11:08 PM
    • #5
    • 7th Feb 18, 11:08 PM
    No. PPI isn't interest.
    Originally posted by zx81
    Nor is it "hidden" in the interest.
    • Jessite53
    • By Jessite53 8th Feb 18, 11:38 AM
    • 3 Posts
    • 0 Thanks
    Jessite53
    • #6
    • 8th Feb 18, 11:38 AM
    Ppi in interest
    • #6
    • 8th Feb 18, 11:38 AM
    Thank you for your replies.i asked the question because whenever I was asked I refused it.so no ppi for me. Hope it clears it up for others.
    • Jessite53
    • By Jessite53 8th Feb 18, 11:51 AM
    • 3 Posts
    • 0 Thanks
    Jessite53
    • #7
    • 8th Feb 18, 11:51 AM
    Ppi insurance
    • #7
    • 8th Feb 18, 11:51 AM
    Following on from my first post.i did in fact pay £600.00 ppi against a mortgage that turned out to be for the benefit of the mortgage company not for me for shortfall on the sale following my bankruptcy. Would this apply as I was told if I didn't take it out I couldn't have the mortgage.and could I claim that even though I went bankrupt.any ideas.thank you again.
    • zx81
    • By zx81 8th Feb 18, 11:57 AM
    • 15,544 Posts
    • 16,497 Thanks
    zx81
    • #8
    • 8th Feb 18, 11:57 AM
    • #8
    • 8th Feb 18, 11:57 AM
    That's not PPI either. That's mortgage indemnity.

    You needed to have it if you wanted the mortgage.
    • dunstonh
    • By dunstonh 8th Feb 18, 12:13 PM
    • 91,128 Posts
    • 58,147 Thanks
    dunstonh
    • #9
    • 8th Feb 18, 12:13 PM
    • #9
    • 8th Feb 18, 12:13 PM
    PPI is a product. It is not a catchall for anything you want it to be.

    MIG is not PPI. Car insurance is not PPI. House insurance is not PPI. Only PPI is PPI.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • gpp1966
    • By gpp1966 8th Feb 18, 11:29 PM
    • 1 Posts
    • 0 Thanks
    gpp1966
    Does anybody know if I can claim PPI my mortgage company would not give me a mortgage on a first house unless I had PPI. They said it did not need to be with them so i had ppi with legal and general. I cancelled it 5 years later as i felt it would not benefit me
    • Moneyineptitude
    • By Moneyineptitude 9th Feb 18, 12:03 AM
    • 19,518 Posts
    • 10,616 Thanks
    Moneyineptitude
    Does anybody know if I can claim PPI my mortgage company would not give me a mortgage on a first house unless I had PPI. They said it did not need to be with them so i had ppi with legal and general. I cancelled it 5 years later as i felt it would not benefit me
    Originally posted by gpp1966
    Multiple issues here.
    You do not "claim" PPI, you have to make a robust complaint that it was somehow mis-sold.

    The mortgage company didn't sell you PPI, you bought it elsewhere.

    Difficult to see how you can accuse Legal & General of mis-selling since they didn't tell you that you had to have it to get the mortgage.

    Nobody "sold" you the insurance, you bought it.

    Why didn't you complain about the PPI when you cancelled it?
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