Can i Claim back PPI???

seaserpant

I'm a serving member of the Royal Navy, ie i've got a secure job and i still get paid if im ill or whatever

I bought a car last year, albeit i was abit naive i seen a nice Audi, drove it and said i wanted it and i got it financed by blackhorse, the guy didnt really explain alot to me and he said some stuff about finance protection incase i lose my job and i just said yes

If its possible how do i go about it first? is thre some sort of template letter i can download of ere?

amersall

Hi there and welcome, yes you have grounds for complaint, you can use the template letter off this site
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#reclaim
i just wrote a letter to the banks and gave my reasons for mis sell. Do it the way that is easy for you and good luck x

di3004

seaserpant wrote: »

I'm a serving member of the Royal Navy, ie i've got a secure job and i still get paid if im ill or whatever

I bought a car last year, albeit i was abit naive i seen a nice Audi, drove it and said i wanted it and i got it financed by blackhorse, the guy didnt really explain alot to me and he said some stuff about finance protection incase i lose my job and i just said yes

If its possible how do i go about it first? is thre some sort of template letter i can download of ere?

Hi there

And welcome

It seems you have grounds to make a reclaim.

This site have changed the first procedure from a template letter to a questionnaire, issued by the financial ombudsman service (FOS), you complete, save a copy for yourself too, and send to whoever was responsible for selling & setting up your policy.
They have 8 weeks in full to respond, and you will find the FOS questionnaire on the link posted by amersall, will post it again anyway.........:D, so once clicked on the link, follow the guidelines to reclaiming, then further down the page you will come across the questionnaire as stage one.
Good luck, please keep us posted.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

seaserpant

Ahh thanks for the help im going to do that tonight..

Might i just add ive had this finance agreeement settled early when i bought another car a few weeks back...

di3004

seaserpant wrote: »

Ahh thanks for the help im going to do that tonight..

Might i just add ive had this finance agreeement settled early when i bought another car a few weeks back...

Your very welcome.:D

That is fine, now as its settled, you should receive back ALL you have paid in ppi, plus interest, and 8% interest of what a court would award for being out of pocket.

And remember as well, if you already had protection, then this policy was therefore worthless to you, they obviously did not check this with you when this was sold to you, and it was not sold in your best interest.;)