PPI Reclaim

Orville

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?.

Nasqueron

Orville wrote: »

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)

Nearlyold

Cabolt did not sell you any PPI.

Orville

Rite OK thanks. Hfc only then :-)