RBS - reclaiming PPI - please can you help?

riggers1982

Hi,

I took out a 5 year loan with the RBS in feb 2008 and was pushed into buying the insurance. In March 2010 I was called from the bank asking me to come in and discuss my account. when I went in, they said they could help save me some money on my monthly repayments by changing this PPI to life insurance instead. I agreed as it saved me a lot of money a month. Now I want to reclaim my money back for the 2 years that I was paying insurance, as i thought I was pushed into buying the insurance in the first place but will I still be able to as it was cancelled last year and my loan is still outstanding?

Any help is appreciated

Thanks

amersall

Hi there, yes you can claim for the ppi you paid to date.
Look here for reasons for mis sell
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step2
If any/all apply to you then put a claim in.
If you need anymore help just ask.