PPI Advice

coachmeth

Hi all

Sorry I know the same things must crop up here time and time again but I cannot see anything directly answering this so wondered if some wise soul could advise me.

I have never knowing-fully accepted or taken out PPI, that I am aware of.

I currently have the following debt, but honestly do not know if I am paying PPI or not

Barclays Loan (£1175 left of £11000 4 year loan).
Virgin - £1800
Vanquis - £3000
Mint - £1600
Barclaycard - £2600

I one of the typical muppets that pays off minimum payment so have had these for several years.

Not knowing if I have PPI or not, is my best bet just to contact each bank asking if I have PPI or not, then go from there?

If anyone has similar experience I'd love some advice from anyone that knows better.

I was tempted to just call one of the PPI claim places as it seemed easier in the fact I don't know what I am doing.

Any advice would be a huge help.

Many thanks

Mark

[Deleted User]

coachmeth wrote: »

Not knowing if I have PPI or not, is my best bet just to contact each bank asking if I have PPI or not, then go from there?

For credit cards you can look on each and every monthly statement-if it doesn't show and your account has a balance then you don't have PPI.
For loans you look on the agreement.

coachmeth wrote: »

I have never knowing-fully accepted or taken out PPI, that I am aware of.

It sounds unlikely you'll have it then. PPI was not randomly added without the permission and knowledge of the customer-that is a myth sponsored by Claims Companies. If it does turn out that you have PPI, then you will have simply forgotten about it.

coachmeth

Thanks for the advice. I will check everything I have and go from there.

I will contact Barclays as I cannot find a copy of the agreement to hand.

[Deleted User]

coachmeth wrote: »

I will contact Barclays as I cannot find a copy of the agreement to hand.

Don't ask for the agreement, just ask them if there was PPI attached to the loan.