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Halifax Loan
outofoakes
Posts: 28 Forumite
I took out a loan in May 2006 for £11,100 which increased to £14,649.84 with interest. On top of this was added £888.00 for insurance again increased to 1171.44 with interest. In March 2007 when i realised I had insurance on the loan I rang to cancel and I now realise the account was credited with £549.96 which to my calculation means i paid £621.48 for less than 12 months cover. Does this sound right or am I misunderstanding something? Should I write to the Halifax or go down down the PPI mis selling route?
0
Comments
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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 get redress the £549.96 will be taken off.
http://www.halifax.co.uk/contactus/howtocomplain/complain-about-ppi/
Ring them they do this over the phone.0
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