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What to do when the lender comes to you?

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simallet

simallet Posts: 2 Newbie

25 September 2015 at 11:54AM in Reclaim PPI & other insurance

Hi,

Small confession first, I have gone to a PPI reclaim company (fire away....) but. One of my lenders who does owe me PPI has sent me a letter (direct) with their PPI settlement offer and the offer seems about right. My question is though, do I need to involve the reclaim company in this process and inform them of the contact?

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dunstonh Posts: 119,687 Forumite

25 September 2015 at 12:03PM

My question is though, do I need to involve the reclaim company in this process and inform them of the contact?

It doesnt matter. The CMC will find out sooner or later (often later).

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.

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simallet Posts: 2 Newbie

6 October 2015 at 7:58PM

Thanks very much, had a feeling that would be the case.

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