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Ppi Help
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fourfourtwo_2
Posts: 7 Forumite
in Loans
Hi,
I recently starting working alongside Payplan (who have been excellent) to reduce my debt to a more affordable monthly repayment, the main reason for this was because of a loan I took out with Barclays for £9,000 with this was a considerable amount of PPI. Is there any possibility even though I am now with a Debt Management Company that I would be able to claim my PPI back?and if so how do I do this.
Thanks in advance
I recently starting working alongside Payplan (who have been excellent) to reduce my debt to a more affordable monthly repayment, the main reason for this was because of a loan I took out with Barclays for £9,000 with this was a considerable amount of PPI. Is there any possibility even though I am now with a Debt Management Company that I would be able to claim my PPI back?and if so how do I do this.
Thanks in advance
0
Comments
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If it was missold then yes you may have a claim that could effectively mean that your debt could be reduced. I do not see why a DMP would have any bearing on this.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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It was mis sold to me as a when I topped up my loan they told me it would strengthen my chances of getting the new improved loan. How long do they usually take to process these claims.0
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Through FOS 6-9mths seems to be mentioned a lot.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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have sent letter of this morning will keep everyone informed what are my chances honestly?0
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It depends on your reasons for mis-sale and how those reasons reflect against the records held.
If you say you were bullied into it but the proof is not there, then you will not succeed. If the proof is there, you will.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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