mis-sold ppi advice

jodie77_2

Hi,
I'm looking for some advice about payment protection, I took out a loan back in october 2007 with RBS and payment protection was part of it I was never asked if I wanted it just thought it was part of the loan. I had payment protection for about 3years until I realised that i was making payments but it wasnt bringing down my balance, so I rang customer services to inqure why and they told me it was because of the payment protection, they were basically saying there was nothing that could be done about it, untill i said that i didnt actully want it in the first place, thats when they said i could cancel it. I just wounred if anyone knows if i still have a claim, I have most if not all my statements.
hope someone can help
thanks
jodie

di3004

jodie77 wrote: »

Hi,
I'm looking for some advice about payment protection, I took out a loan back in october 2007 with RBS and payment protection was part of it I was never asked if I wanted it just thought it was part of the loan. I had payment protection for about 3years until I realised that i was making payments but it wasnt bringing down my balance, so I rang customer services to inqure why and they told me it was because of the payment protection, they were basically saying there was nothing that could be done about it, untill i said that i didnt actully want it in the first place, thats when they said i could cancel it. I just wounred if anyone knows if i still have a claim, I have most if not all my statements.
hope someone can help
thanks
jodie

Hi there Jodie, and yes you can, it looks like they either pressurised you into taking it, or they added it automatically to your loan.
Even if you cancelled it since, you can still make a reclaim on what you actually paid of the PPI.

Good luck.