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First direct PPI

Hi there,

I've been paying PPI on my First Direct credit card for 11 years.

I did know it was optional - but I didn't know it didn't work if you have a pre-existing condition (I do - and I talked to them about this when I took the insurance out).

I also didn't know that it didn't work if you are self-employed (I have been for a number of years, but I wasn't when I took the policy out).

I probably would have carried on paying if it wasn't for all the recent news. It's still not properly cancelled, because they have to send me a letter and a form to sign - they said they couldn't just do it over the phone.

Do you think I have grounds for a claim?

Thank you.

Comments

  • J_i_m
    J_i_m Posts: 1,342 Forumite
    Possibly on reason 1, but not on reason 2. But I think your chances are slim overall on this one.
    :www: Progress Report :www:
    Offer accepted: £107'000
    Deposit: £23'000
    Mortgage approved for: £84'000
    Exchanged: 2/3/16
    :T ... complete on 9/3/16 ... :T
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