We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Loan now with debt collectors. Can I claim PPI?
towiedyer
Posts: 3 Newbie
As the title says I took out a loan with Abbey in 2003.
The debt was taken over by an agency about 2 years ago as I couldn't meet the repayments.
Checked the original document and I was given PPI of £17.49 when I took it out. Don't ever remember asking for it, or being told about insurance for the loan.
What's my likelihood of claiming it back.
Obviously I took the loan out 10 years ago and it's now with a debt collection agency.
The debt was taken over by an agency about 2 years ago as I couldn't meet the repayments.
Checked the original document and I was given PPI of £17.49 when I took it out. Don't ever remember asking for it, or being told about insurance for the loan.
What's my likelihood of claiming it back.
Obviously I took the loan out 10 years ago and it's now with a debt collection agency.
0
Comments
-
What's my likelihood of claiming it back.
Was it mis-sold?
If you complain and your complaint is upheld, Santander can use the redress to pay towards the default. Only if there is a surplus beyond that would you get it. So, dont use a claims company.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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards