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Mis sold ppi with GE Money
summer77
Posts: 26 Forumite
Hello all,
My husband took out a car loan 5yrs ago,
about year and half we came into money problems as my husband lost his job, we could not afford to keep up with the repayments, we passed the debt onto finanical debt agency. lcukily it wasnt a car finance.
Financial Helpline sent us a copy of the aggreement outlining that we had PPI insurance - Which we NEVER knew anything about it.
I completed a template,saying we was not informed of this ppi. on the aggreement it says we paid 323.00. Posted about 3wks ago.
Is this what we may get back ? Would they still consider giving us anything when we are in arrears with the loan, (we are on payment plan)
thank you kindly
My husband took out a car loan 5yrs ago,
about year and half we came into money problems as my husband lost his job, we could not afford to keep up with the repayments, we passed the debt onto finanical debt agency. lcukily it wasnt a car finance.
Financial Helpline sent us a copy of the aggreement outlining that we had PPI insurance - Which we NEVER knew anything about it.
I completed a template,saying we was not informed of this ppi. on the aggreement it says we paid 323.00. Posted about 3wks ago.
Is this what we may get back ? Would they still consider giving us anything when we are in arrears with the loan, (we are on payment plan)
thank you kindly
0
Comments
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Has any of the debt been written off or are you going to end up paying the full debt?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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to be honest dont know, I am assuming we will be paying it off untill we pay it off which will be a long time !!! We owe 7.500 at present we only paying 20pounds a month.
thanks0
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