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Hfc Ppi

wills7
wills7 Posts: 109 Forumite
I have complained the the FOS about HFC wanting me to take out a new loan which would double my monthly payments if i wanted to cancel my PPI. I've rang the FOS today who have told me that HFC failed to respond to their letters and that the complaint is now going to an adjudicator.
What is the likely outcome now. All i wanted to do was cancel the PPI, keep my paymnets as they were and recieve back the amount i had paid on the PPI?
Will HFC get their knuckles wrapped for refusing to play ball and return my PPI and keep the loan as it is?

Comments

  • Hi,
    im interested in seeing what the FOS come back with, as I also had a loan with HFC and was told I had to take the PPI out to get the loan, I tried to cancel my PPI but they would'nt let me unless I took out another loan to pay back the first loan with the PPI?? I finshed this loan about 18 months ago, but feeling that I was forced to take out the PPI and pay interest on it, which I wasnt told about and made the PPI + int over 3k! I have just got my loan details from them and I am going to try! and claim the money back. Please keep updated.
    Steve
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