HSBC Graduate Loan - PPI reclaimable?

antcav

Hi,

Although I'm a little late to the party on PPI reclaims, while sorting through old paperwork I noticed on a statement from 2004 that I paid off a loan (only had a year or two to go) and had a PPI amount refundable.

I don't have all the details as yet as I'm waiting for HSBC to get back to me. My thoughts are that this was a graduate loan taken out before I was employed. I didn't realise that I would be paying an upfront PPI on the loan, but i'm not sure if this is reclaimable as if I was a student / unemployed when the loan was taken out and therefore PPI could have been useful...

any thoughts?

Thanks!

[Deleted User]

antcav wrote: »

I don't have all the details as yet as I'm waiting for HSBC to get back to me.

Post them up when you do. If you were indeed not employed when the PPI was taken out, the PPI would have been useless to you...