PPI on loans over 6 years HELP

mommarto6

Hi can anyone help, i got a loan a few years back about 8 years ago i think, i have contacted the company who the loan was through but have been told as the loan has been paid i cannot have copies of the loan agreement. Is this correct and also can PPI still be claimed back on a loan of this age. When i took out the loan i said i did not want the PPI but was told i had to have it or they would not pass the loan.

Sidekick_2

mommarto6 wrote: »

Hi can anyone help, i got a loan a few years back about 8 years ago i think, i have contacted the company who the loan was through but have been told as the loan has been paid i cannot have copies of the loan agreement. Is this correct and also can PPI still be claimed back on a loan of this age. When i took out the loan i said i did not want the PPI but was told i had to have it or they would not pass the loan.

Hi

When did you become awear of this PPI mis-sell ?

mommarto6

Only became aware after reading it here, but was always thinking it was unfair that i had to have PPI that i never wanted and was made to have if that makes sense.

di3004

mommarto6 wrote: »

Only became aware after reading it here, but was always thinking it was unfair that i had to have PPI that i never wanted and was made to have if that makes sense.

Hello there

for more info with the guidelines of reclaiming here:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

You could try requesting for your paperwork, but you may only be supplied with info going back as far as 5/6 years, saying that with one of mine I did actually receive info going back way into the 90's.

So for this you would send a Subject Request Access (SAR) and enclose £10 postal order or cheque payment and they have 40 days to comply.
Template letter to SAR with details here:
http://forums.moneysavingexpert.com/showthread.html?t=1475553

Good luck, please ask for help anytime as well.;)

You can try to reclaim anytime, but it does help to have some of your paperwork, so if its a settled loan, you may not receive the agreement, unless they supply this within the SAR, but other paperwiork within may be of some help.