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Help needed with ppi

Hi wondering if anyone can help I have recently recieved a letter from Hsbc regarding two loans that I was unaware had ppi on. Both loans had a premium at the start and both loans were paid off early.

The loan amounts were 17900 and 7800 and I wandered if someone could help me with calculating what I am owed (incase they send me an offer). I don't have any details of the aor etc but I believe one of the loans was with household bank and the 1st loan was over a 10 year period.

Also because the back have contacted me does that give any indication as to the outcome ?

Thanks apologies for sketchy details

Comments

  • dunstonh
    dunstonh Posts: 121,292 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    wandered if someone could help me with calculating what I am owed (incase they send me an offer)

    We cant as we would need to know the premium paid and the rebate returned on early settlement. However, if your complaint is successful, HSBC will give this information to you when they show the calculation. So, dont worry about it.
    Also because the back have contacted me does that give any indication as to the outcome ?

    none whatsover. CCLs are issued to allow the lender to start the timebar clock ticking. The only criteria is whether you had PPI.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Ok thanks I thought that may be the case I will leave it to HSBC then.....



    Thanks ��
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