avonlady2081

avonlady2081

hi all, had loan with lloyds tsb in june 2005 with lpi. this loan was front loaded loan payment 125.56 lpi 23.79 a month over 48 months at 9.9%. paid loan off after 29 months didnt recieve rebate as i claimed due to redundancy can i still claim for miss selling of lpi. can anyone tell me how it is worked out. many thanks.

di3004

avonlady2081 wrote: »

hi all, had loan with lloyds tsb in june 2005 with lpi. this loan was front loaded loan payment 125.56 lpi 23.79 a month over 48 months at 9.9%. paid loan off after 29 months didnt recieve rebate as i claimed due to redundancy can i still claim for miss selling of lpi. can anyone tell me how it is worked out. many thanks.

Hi and welcome.;)

With your reasons you have then you have the right to reclaim the PPI, interest and 8% interest of what a court would award for being deprived of your money.
It makes no difference if your account is settled or not.

They have 8 weeks in full to respond.

For more info on reclaiming with the guidelines, template letters, a checklist of mis selling reasons, whatever else applies to you on the checklist then write them as well.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance
Do not worry at this time about writing the amounts in the letter, if successful they should supply them to you as a detailed written breakdown.

Fingers crossed for you, ask for further help anytime and please keep us posted, good luck.:)

Di

avonlady2081

many thanks di will give it a go, will keep you posted
nova

di3004

avonlady2081 wrote: »

many thanks di will give it a go, will keep you posted
nova

Your welcome Nova, good luck and we look forward to hearing the outcome.;)

Di