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PPI Reclaim
Orville
Posts: 1,906 Forumite
Hi,
Had a nice cheque back from Lloyd's a couple of years ago now for 3k.
I came across an old Cabolt Finance letter the other day regarding an HFC Loan.
I am going to send an SAR off to both as when I got into trouble Cabolt took over the loan.
Can i be cheeky and recover money from both??.
The wau I am thinking I paid insurance to HFC yes but I am thinking that cabolt have probably bought the loan including the PPI so I would have been paying it to them too.
Can I do that?.
Had a nice cheque back from Lloyd's a couple of years ago now for 3k.
I came across an old Cabolt Finance letter the other day regarding an HFC Loan.
I am going to send an SAR off to both as when I got into trouble Cabolt took over the loan.
Can i be cheeky and recover money from both??.
The wau I am thinking I paid insurance to HFC yes but I am thinking that cabolt have probably bought the loan including the PPI so I would have been paying it to them too.
Can I do that?.
0
Comments
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Hi,
Had a nice cheque back from Lloyd's a couple of years ago now for 3k.
I came across an old Cabolt Finance letter the other day regarding an HFC Loan.
I am going to send an SAR off to both as when I got into trouble Cabolt took over the loan.
Can i be cheeky and recover money from both??.
The wau I am thinking I paid insurance to HFC yes but I am thinking that cabolt have probably bought the loan including the PPI so I would have been paying it to them too.
Can I do that?.
You have to complain to the seller (HFC - HSBC deal with them)
The system is setup to stop you "being cheeky" - they are allowed to offset any PPI refund against money you didn't pay back (including interest frozen or any money written off)Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Cabolt did not sell you any PPI.0
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Rite OK thanks. Hfc only then :-)0
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