PPI letter from NatWest - very old loan

Aryndeneth

Just received a letter from NatWest about two loans I had many years ago (one starting in 2000 and one in 2005) and information on how to claim if I think I was mis-sold PPI. I honestly don't remember if I had PPI on these loans or not.

Have they written to me as someone who had PPI and they think has a possible claim or are they writing to everyone who ever had a loan from them?

Insider101

Aryndeneth wrote: »

Just received a letter from NatWest about two loans I had many years ago (one starting in 2000 and one in 2005) and information on how to claim if I think I was mis-sold PPI. I honestly don't remember if I had PPI on these loans or not.

Have they written to me as someone who had PPI and they think has a possible claim or are they writing to everyone who ever had a loan from them?

I suspect they are probably writing to everyone who's ever had PPI with them, they wouldn't waste their time or yours writing to you if you hadn't had a policy. The purpose of it is to get the whole thing over with and start the clock running for a three year time bar.

Aryndeneth

Seeing as I don't even remember having PPI is there any point me making a claim? Not sure how I can claim I was mis-sold it if I don't remember any of the details or how much I'd even be claiming for.

Belair

That's what I thought about mine Aryndeneth, ended up with around £18K. Easy as pie it was thanks to MSE. :money:

Aryndeneth

Suppose there's nothing to lose? Worst case scenario they say I'm not entitled to anything. As I didn't think I was in the first place I won't be any worse off for trying.

Insider101

Aryndeneth wrote: »

Suppose there's nothing to lose? Worst case scenario they say I'm not entitled to anything. As I didn't think I was in the first place I won't be any worse off for trying.

I think you've answered your own question in your previous post.

If you have no idea how the product was sold then you can't really claim it was Mis-sold. If, however, you have reason for complaint then by all means make one.