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If you're self employed can you make a PPI claim??
KSisson
Posts: 1 Newbie
I have read a lot about reclaiming PPI for my other half. He opened his account in Nov 2007 and is still paying back his loan - paying £25 a month PPI (which looks like it includes interest).
My question/query is that he is self employed - The bank knew this and still made a hard sell to him, making him believe it would be of use, as well as being charged interest on top.
I've read around and confused whether it is a benefit to him or not, and because he signed for the loan - Does he have a chance in claiming?
My question/query is that he is self employed - The bank knew this and still made a hard sell to him, making him believe it would be of use, as well as being charged interest on top.
I've read around and confused whether it is a benefit to him or not, and because he signed for the loan - Does he have a chance in claiming?
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Comments
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I have read a lot about reclaiming PPI for my other half. He opened his account in Nov 2007 and is still paying back his loan - paying £25 a month PPI (which looks like it includes interest).
My question/query is that he is self employed - The bank knew this and still made a hard sell to him, making him believe it would be of use, as well as being charged interest on top.
I've read around and confused whether it is a benefit to him or not, and because he signed for the loan - Does he have a chance in claiming?
hello there,
Im pretty sure thats a sure reason you should put a consumer complaint questionnaire in, being self employed the ppi wouldnt pay out and so should never have been sold as part of your loan.:D
:D:p Perfer et obdurai dolor hic tibi proderit olim :D:p
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Some PPI plans cover the self employed. Some do not.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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Check policy details, as dunstonh says some will cover for self employments and others not.The one and only "Dizzy Di"
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they do, but often only if you involuntary cease trading. ie go bust.0
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