Reclaiming PPI on a loan

foulkes1

hi can Any1 tell me how i would know if i was missold PPI on my loan?? would it say somewere on my loan agreement or is it something i need to just remember from my initial phonecall?? any help would be much appreciated.

thanks

hur575

Why do you think you missold? Did they tell you that your loan application might be rejected if you don’t take the ppi, does you work cover illness etc there are few things that make it missold. Anyway check the ppi section for detailed information.

foulkes1

I have just read a lot about how people have ben missold it and wasnt sure if i have been or not i am a couple of years into my loan but unsure how to check if i have been missold it or not?

Apples2

Have another look on your credit agreement - did you tick the box or not??

Are you Self Employed?
As hur said, did they force it on you? did they tell you if you didn't agree to PPI you wouldn't get the loan??

Understanding if the PPI will pay out if you ever come to need it is kind of critical in understanding if it was mis-sold.