PPI Query

kangoora

I didn't realise that it could be possible to get charged PPI without openly signing for it.

Does anyone know if Barclays Bank had this sort of practice going on as I have had several loans for cars etc. through them over the years? I was with them for almost 35 years before switching last year.

I was pretty sure I'd declined PPI whenever offered but this has me wondering if they could have added it without informing me as part of the overall loan cost.

maggyp

I would ask Barclays if you had it just give them a call and ask simple as that and then you can start the process they may even do it over the phone what do you have to loose

Nasqueron

kangoora wrote: »

I didn't realise that it could be possible to get charged PPI without openly signing for it.

Does anyone know if Barclays Bank had this sort of practice going on as I have had several loans for cars etc. through them over the years? I was with them for almost 35 years before switching last year.

I was pretty sure I'd declined PPI whenever offered but this has me wondering if they could have added it without informing me as part of the overall loan cost.

The requirement to physically sign a document for this sort of thing has long gone - a company could sell you PPI over the phone when you activated a credit card and you would never sign anything.

This is not a miss-sale reason.

Adding a PPI plan onto a loan (single premium) is a bad thing and will normally win - however, it would still be listed on your loan documentation - a scenario that you are suggesting, whereby you take out a loan for X with monthly payments of Y and then after you leave PPI is added on simply cannot happen - you have your contract saying how much you are borrowing and how much you pay back so any difference in the first monthly payment would automatically show this "fraud" in this hypothetical scenario