PPI success

talisker78

Hello,

Just wanted to post a quick success story -

I challenged Tesco bank over a PPI policy. I opened the loan with the policy and the only reason i felt it was mis-sold was because I have a secure job (at least at the time - maybe not now!) and I didn't want the policy. I did take it though and commenced the loan repayments.

However, I cancelled the PPI policy after six months, and four years into the loan I decided to give it a go and see if i could claim back the money from the six months I paid.

I thought it would be a long shot and I had absolutely no expectation of succeeding, but for the cost of sending two letters I received a letter from Tesco today stating they would refund me £862.42. Frankly I'm still in a state of shock!

I would implore anyone who feels they have been mis-sold to get writing - you never know how it will work out. Even if I succeeded I did not anticipate getting more than a few hundred out of them....so this has come as a bit of a surprise to say the least.

Unfortunately all the above money will go into paying off other debts - no carribean cruise quite yet!

Good luck to everyone else going through the process.

di3004

talisker78 wrote: »

Hello,

Just wanted to post a quick success story -

I challenged Tesco bank over a PPI policy. I opened the loan with the policy and the only reason i felt it was mis-sold was because I have a secure job (at least at the time - maybe not now!) and I didn't want the policy. I did take it though and commenced the loan repayments.

However, I cancelled the PPI policy after six months, and four years into the loan I decided to give it a go and see if i could claim back the money from the six months I paid.

I thought it would be a long shot and I had absolutely no expectation of succeeding, but for the cost of sending two letters I received a letter from Tesco today stating they would refund me £862.42. Frankly I'm still in a state of shock!

I would implore anyone who feels they have been mis-sold to get writing - you never know how it will work out. Even if I succeeded I did not anticipate getting more than a few hundred out of them....so this has come as a bit of a surprise to say the least.

Unfortunately all the above money will go into paying off other debts - no carribean cruise quite yet!

Good luck to everyone else going through the process.

Hi there

Well done to you.:beer:

Any interest side of it, should be refunded directly to you.;)

dec22

Well done, that's good news! Nothing ventured, nothing gained,