HFC BANK AND CPI can i claim?

dickins67

I have paperwork and receipts for a loan from pc world with HFC Bank from march 2002. The protection insurance box has a cross in it which means i applied for cover.
I was working for a bank at the time and have never taken insurance out with loans previously.
Is this agreement too old for me to try and reclaim?

Thanks to all for the advice. I will get on with the paperwork.

michelle45_2

Hi
I have just claimed, successfully, for a loan I had with them taken out in 2002. It took a week thats all. Obviously, they did not admit any liability but offered me 2,600.

michelle

di3004

dickins67 wrote: »

I have paperwork and receipts for a loan from pc world with HFC Bank from march 2002. The protection insurance box has a cross in it which means i applied for cover.
I was working for a bank at the time and have never taken insurance out with loans previously.
Is this agreement too old for me to try and reclaim?

Hi there

I would certainly give it a go with your reasons, nothing surprises me if these were automatically ticked, so go for it.
More help with the guidelines of reclaiming here:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance
If you require any help from here, please just give us a yell, good luck.

maxdp

dickins67 wrote: »

I have paperwork and receipts for a loan from pc world with HFC Bank from march 2002. The protection insurance box has a cross in it which means i applied for cover.
I was working for a bank at the time and have never taken insurance out with loans previously.
Is this agreement too old for me to try and reclaim?

It is three years from the time that you realised that this was a problem.

Stuart_1980

Make sure you work out exactly how much you are owed including the 8% interest on all payments from the date they were paid. Don't just accept the offer they make if it is not what you know you require.

Dicegirly

I have a loan with HFC that I took out in 2004, and paid PPI on it that I do not believe was sold to me with my best interests in mind. I filled in the template letter and sent it off, and within 5 days I had a letter back from HFC saying the usual garbage about "we do not accept these allegations and believe we acted in your best interests" blah blah....
"however, as a gesture of good will, we would like to offer you £2,659"

Yeah, not feeling guilty at all huh?

This was considerably more than I was expecting, and included 8% interest for the last 6 years. Was very pleased.

Anyway, thank you Martin Lewis, I can now use this to pay off some of my other debts and start to get myself sorted financially.

Now to start work on all those bank charges.....

di3004

Dicegirly wrote: »

I have a loan with HFC that I took out in 2004, and paid PPI on it that I do not believe was sold to me with my best interests in mind. I filled in the template letter and sent it off, and within 5 days I had a letter back from HFC saying the usual garbage about "we do not accept these allegations and believe we acted in your best interests" blah blah....
"however, as a gesture of good will, we would like to offer you £2,659"

Yeah, not feeling guilty at all huh?

This was considerably more than I was expecting, and included 8% interest for the last 6 years. Was very pleased.

Anyway, thank you Martin Lewis, I can now use this to pay off some of my other debts and start to get myself sorted financially.

Now to start work on all those bank charges.....

Hi and welcome.;)

WOW, well done and great work :T:j Congratulations :beer:.

If you require any help on the charges side of it, check this thread out here:
http://forums.moneysavingexpert.com/forumdisplay.html?f=102
Good luck with this.:)