Barclays

adamg84

Just a little help please!

I have an overdraft with Barclay of £3300 and I'm currently paying £26.40 a month for their payment protection. I believe i took out the payment protection in around 2005 / 2006. Just wondered if i would be eligable for PPI. I currently still use the account and overdraft. I believe i would have signed up for the agreement online.

Look forward to your comments.

[Deleted User]

adamg84 wrote: »

Just wondered if i would be eligable for PPI.

You are indeed eligible to purchase payment protection insurance (PPI) if you want to.
Do you want to complain about your current policy?

adamg84

Thank you for your quick reply. I believe i was mis-sold the ppi - so do you think i would have a case to put a claim in?

[Deleted User]

adamg84 wrote: »

Thank you for your quick reply. I believe i was mis-sold the ppi - so do you think i would have a case to put a claim in?

You don't appear to know yourself in what way your PPI was mis-sold, so how can anyone else judge if you have a case?

You need valid and verifiable mis-selling reasons in order to complain. If you have these, then go ahead and approach the Bank with your concerns.

It's not enough simply to have a PPI policy, it needs to have been mis-sold to you.

lovinituk

adamg84 wrote: »

I believe i would have signed up for the agreement online.

Its going to be difficult to argue that you were mis-sold it if you signed up for it online, as no other person was involved. It would have just been you and the t&cs displayed clearly on the screen with the option to opt in/out of PPI.

How do you believe you were mis-sold PPI?

[Deleted User]

lovinituk wrote: »

Its going to be difficult to argue that you were mis-sold it if you signed up for it online, as no other person was involved.

Yes, it's virtually impossible to complain of mis-selling in a "non-advised" sale. Any purchaser remorse would indicate that it was mis-bought.
The only possible exception is if if the Bank used a pre-populated (pre-ticked) box to select PPI.

Helensuzanne

This sounds like what happened to me, about 6 years ago I needed to increase my overdraft limit which I did online, I remember it saying I would be charged for payment protection! I didn't want it and was looking to opt out, but was given no option. I remember it saying something like it is compulsary if I wish to increase my limit. So I had no choice.
surely this would be classed as mis-sold!?

[Deleted User]

Helensuzanne wrote: »

I didn't want it and was looking to opt out, but was given no option. I remember it saying something like it is compulsary if I wish to increase my limit. So I had no choice.
surely this would be classed as mis-sold!?

If you have solid evidence of this to present to the Bank then put the complaint in...

Helensuzanne

I don't, so I guess there is no point. I was thinking of starting the process by asking for a copy of my terms and conditions. Don't suppose it will say it was compulsary!

lovinituk

Helensuzanne wrote: »

This sounds like what happened to me, about 6 years ago I needed to increase my overdraft limit which I did online, I remember it saying I would be charged for payment protection! I didn't want it and was looking to opt out, but was given no option. I remember it saying something like it is compulsary if I wish to increase my limit. So I had no choice.
surely this would be classed as mis-sold!?

Are you sure it said this? I would be very surprised if it did!

adamg84

I'm certain that in order to qualify for the overdraft I had to take their payment protection. At the time i was increasing my overdraft and was already paying for the payment protection. In order to get my larger overdraft accepted i had to agree to continue paying the monthly fee.