can i find the details of an old sainsburys loan i had?

Dj84

Hi.
General question really. I took a £5000 loan out with sainsburys around 10years ago (roughly) I sadly shredded all the documents for it a couple of years ago, didnt think they were no longer needed.
But reading and hearing about miss sold ppi makes me wonder.

Nasqueron

If you have no records yourself, you have a couple of options (depending on how long ago the loan was paid off and closed as more than 6 years ago they'll probably have junked your records for Data Protection reasons):

1) Ring up Sainsbury's - give them your details (name, address etc), see if they have any records still available - though if the account was closed and fully paid off they may not have anything immediately visible to phone staff so you may get nothing.
2) If it was still active inside the last 6 years, go on the free Noddle (call credit) website and check your credit details - might have some loan info there
3) If not, you will need to send in a Subject Access Request (link here with details: https://forums.moneysavingexpert.com/discussion/1475553) - this will net you everything the organisation still has on you (it may be a load of indecipherable code intended for machine, not human reading though!) - it will cost you £10 - you might find out from there if you had any PPI

If they have nothing, that's your £10 gone and probably complaint over as you can't prove what you paid (if anything).

If you do have some records then you need to work out why you were mis-sold (remember - simply having PPI is not a mis-sale reason) - a loan might have the dreaded "single-premium" ppi on it where the PPI is added to the loan as well for example.

Don't be tempted to use a claims firm, you will still need to do all the hard work but they send off the envelope for you (literally all they do) and take up to 40-50% of any PPI refund you get

That should be the first step