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PPI got complicated
mismatch
Posts: 90 Forumite
Hi guys thanks for havin a look at this. I know u'l prob all say I shouldn't have but I used a company for my 2 ppi claims but it was a bit complicated for me with financial situation and defaulting on cc payments and debts sent out so I wanted to b sure it was done right. But anyway 1 ppi has paid out :T the other however has got more complicated.
I was sold mortgage payment ppi by an Independant broker which I shouldn't have been sold. I cancelled this last may and attempted to reclaim via the company in nov last yr. now the broker closed his business a few yrs after selling me insurance then reset himself up continuing to sell insurance etc but now has apparently committed suicide. So my ppi claim can't b made against him and the administrating company for the insurance say its not up to them to pay out as they didn't sell it to me, he did.
Hope this makes some kind of sense. And does anyone know if it sounds right or if I can take it elsewhere with or without the ppi claim company.
Thanks in advance
I was sold mortgage payment ppi by an Independant broker which I shouldn't have been sold. I cancelled this last may and attempted to reclaim via the company in nov last yr. now the broker closed his business a few yrs after selling me insurance then reset himself up continuing to sell insurance etc but now has apparently committed suicide. So my ppi claim can't b made against him and the administrating company for the insurance say its not up to them to pay out as they didn't sell it to me, he did.
Hope this makes some kind of sense. And does anyone know if it sounds right or if I can take it elsewhere with or without the ppi claim company.
Thanks in advance
Living half in debt, half in denial
At the bottom of the hole....pass the rope and hoist me up!!
At the bottom of the hole....pass the rope and hoist me up!!
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Comments
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does anyone know if it sounds right
If it was bought before 2005 then its the end of the road. If it was bought after that then you have access to the FSCS. The insurer has no liability for the advice given.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 -
Hi dunstonh thanks for the info. It was bought 2003
Living half in debt, half in denial
At the bottom of the hole....pass the rope and hoist me up!!0
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