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Reclaiming PP1 On car finanace

Hi,

I have a finance agreement with Desira (Fiat Group) and I tried to reclaim the insurance money back and they have told me that I was not misold. It was only recently when I looked at my statement that I noticed there was an insurance charge, the amount is approx £2,000.

Can I refer this onto the FSA or the appropriate body?

They said that because I ticked the box, I had agreed to the PPI, it was only that when I reuqested my original contract, it was then that I had noticed it as well.

Please advise.

Comments

  • amersall
    amersall Posts: 17,025 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    If this PPI was put on at the start of the loan and you paid this to term end within the loan monthly loan payment then this is Single Premium PPI, a loan on the loan paid back to term end with interest, write back to the dealer and tell them this was Single Premium PPI and you want this PPI redressed.
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