Lloyds TSB unsecured loan PPI

jak

Has anyone actually managed to get their PPI back/ or got it cancelled from Lloyds? I'm going to try and I wanted to know if anyone's had any success?

SuSu1871

Hi

If you're talking about loan protection, I managed to cancel mine with LloydsTSB, even though it was just outside the 28 day cool-off period. I was paying over £100 a month loan protection and was able to cancel it over the phone. They said this was because I was a valued customer (been with them for around 17 years, although they don't know yet that I'm about to ditch them for A&L!)

Hope this helps!

SuSu

Astaroth

Cancelling PPI is not an issue, though with some loan products is does require taking a new loan out.

Refund is only available if you can prove it was missold - simply saying you have now decided you dont want it any more is not reason enough.

Bavski

Hi

Ive had a loan out with these guys, for a few years now. Only because I was young and foolish and hadnt found this site yet.

Anyway, I tried to cancel my PPI this week, and was told this was not possible and the original loan would have to be cancelled and a new one applied for.

Personally I now wish Id never given my money to them.