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ppi have i got it,first steps if i have

blakemere
blakemere Posts: 29 Forumite
in Reclaim PPI & other insurance
hi all
i have a loan with sainsburys for which i received a statement recently,on the opening balance(2yrs ago) i noticed 3 asterisks,which apparently means"inclusive of loan insurance where applicable". does this mean they have automatically added it,although i specifically asked for it not to be ???. i guess i should phone them to find out,or would a letter be better ????? any advice would be very gratefully received.
cheers mark

Comments

  • Comyface
    Comyface Posts: 670 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Can you remember exactly how much you borrowed? If so, should be easy to tell if you have PPI.

    Eg. borrowed £2000, opening balance £2000, no PPI
    borrowed £2000, opening balance >£2000, PPI added

    Hope it's that simple!
    Are the words 'I have a cunning plan' marching with ill-deserved confidence in the direction of this conversation? :cool:
  • blakemere
    blakemere Posts: 29 Forumite
    Comyface wrote: »
    Can you remember exactly how much you borrowed? If so, should be easy to tell if you have PPI.

    Eg. borrowed £2000, opening balance £2000, no PPI
    borrowed £2000, opening balance >£2000, PPI added

    Hope it's that simple!
    why did i not think of that deerr.i can`t remember the exact amount so maybe a phone call is needed???? they have to tell me ....right ???
  • Comyface
    Comyface Posts: 670 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Yes if you call them, they'll tell you if there's PPI on there.
    Are the words 'I have a cunning plan' marching with ill-deserved confidence in the direction of this conversation? :cool:
  • marshallka
    marshallka Posts: 14,585 Forumite
    Comyface wrote: »
    Yes if you call them, they'll tell you if there's PPI on there.
    Sometimes its best to ask for the agreement or state in the phone call that you will be asking for it in writing. I called my bank (I already knew I had PPI) and asked and got lied to that there was no PPI added.
  • Comyface
    Comyface Posts: 670 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    marshallka wrote: »
    Sometimes its best to ask for the agreement or state in the phone call that you will be asking for it in writing. I called my bank (I already knew I had PPI) and asked and got lied to that there was no PPI added.

    OMG! I think I'll assume it was an untrained staff member rather than a deliberate lie. Anything else is just too depressing. :/
    Are the words 'I have a cunning plan' marching with ill-deserved confidence in the direction of this conversation? :cool:
This discussion has been closed.
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