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Can you claim PPI charges back if you have already made a claim on PPI

Hi All,

Sorry if this has already been asked before, but there are so many threads on here!!!!

I know it may seem greedy, but is it possible to put a claim in for mis-sold PPI if you have made a claim due to redundancy and have since cancelled the PPI on an exisiting loan??

Many thanks!!

Comments

  • dunstonh
    dunstonh Posts: 120,188 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I know it may seem greedy, but is it possible to put a claim in for mis-sold PPI if you have made a claim due to redundancy and have since cancelled the PPI on an exisiting loan??

    It may be greedy. It may even be fraudulent if you are telling lies. However, it is possible.

    It successful in your complaint (assuming you mean complaint and not claim) the amount paid out in the claim would be deducted from the redress payment and if you have been paid out more under the claim than you have paid in premium then you wont get a penny.

    Obviously, your reasons for complaint are going to be narrower. You cant say you didnt know you had it or that you didnt need it as the claim shows you did.
    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.
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