HSBC Graduate Loan - PPI reclaimable?

edited 30 November -1 at 1:00AM in Reclaim PPI & Other Insurance
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antcavantcav Forumite
14 Posts
edited 30 November -1 at 1:00AM in Reclaim PPI & Other Insurance
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!

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