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CoOp PPI

Just had a letter through the post from the CoOp asking if would like them to review their sales methods when i took out a loan.

Apparently they have found inconsistencies with the selling of PPI.
Enclosed is a yes or no box. Either for them to review or not review their sales methods. Also a questionaire about the PPI asking if i knew about the terms etc.

Cant believe the banks are actually coming to us know.

Comments

  • dunstonh
    dunstonh Posts: 120,028 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What you have received is a CCL. Most providers are in the process of sending these out as it allows them to activate the 3 year timebar clock.

    It does not mean you were mis-sold or there are issues with your sale. The wording is largely defined by the regulator and is generic.
    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.
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