My Bank Loan ended in April 2005 with PPI. Is it worth me logging a claim?

nc1873

With the latest ruling on the PPI im thinking i might as well put my case forward and see what happens.

I know as it was over 6 years ago so my chances are reduced, however although i have no written proof i remember the details quite vividly.

I applied for a loan with HBOS for £5000 for my first car. When i applied the total repaid would have been £5950 over 3 years. This was circa April 2002.

I got rejected for the loan but was invited to speak to the bank manager about the rejection.

At that stage in her words may i add "she was going against her better judgement but she would approve the loan with insurance"

I needed the car so agreed to the deal paying back £216.19 a month over 3 years.

A total payable of £7782.84 for £5000 loan.

A whopping £2782.84 in interest and PPI.

The best part is, the reason she was against it was because after a 4 year apprenticeship and despite the fact my company had taken me on full time she didn't feel my job was secure.

Now almost 9 years later since i sat in her office im with the same company doing the same job:mad:

So in closing do i have a good case here?

Any help would be appreciated on how to go about this.

Cheers.

pandaspot

hi

i would post on here http://forums.moneysavingexpert.com/forumdisplay.php?f=169

nc1873

Thanks Pandspot