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Reclaim PPI if defaulted?

pinkdragon · 2018-10-28 00:34:45

Hubby took out a loan with Lloyds around 2005. It was for £20,000 then they put on £6,200 in PPI. Forward around 6 months, and we couldn't afford to keep up the payments - not with paying mortgage etc as well. Lloyds recommended this loan and PPI to us but we defaulted and it was passed to (what is now) Cabot. My question…

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-taff Posts: 15,332 Forumite

31 October 2018 at 2:29PM

And my response still stands. We can usually tell who got into debt deliverately and are taking the michael. The OP doesn't sound like they are. I have more sympathy for those who are not taking the michael.

Non me fac calcitrare tuum culi
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