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Letter from bank regarding PPI
andrew71
Posts: 1,229 Forumite
We received a letter last week from our bank to say we may have been sold PPI with a loan we took out with them.
Are these letters being sent out to everybody or those who may have been mis-sold PPI?
The loan was from 2006 according to the letter. I can't find any of the/documents relating to this loan in the filling cabinets, I know we took the loan out at the time but would we have to show physical proof of the loan?
Are these letters being sent out to everybody or those who may have been mis-sold PPI?
The loan was from 2006 according to the letter. I can't find any of the/documents relating to this loan in the filling cabinets, I know we took the loan out at the time but would we have to show physical proof of the loan?
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Comments
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Are these letters being sent out to everybody or those who may have been mis-sold PPI?
Everybody that had PPI. It allows the 3 year timebar clock to start ticking.but would we have to show physical proof of the loan?
No. You just need to make your complaint if you have one.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 -
No you definitely had PPI otherwise you wouldn't have received a letter. The mailing is to tell you that you may have been mis-sold this insurance and this is what you need to provide evidence of. Remember, it's not wrong simply to have insurance-in order to be refunded it has to have been mis-sold to you.We received a letter last week from our bank to say we may have been sold PPI0
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