Failed Reclaim from HSBC
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Cidershed
Posts: 1 Newbie
Hi
Hoping to get some advice.
I took out a £10,000 loan with HSBC in about 1998, which had PPI included in my monthly payments. The loan was declined initially as I was only employed part-time, but then manually approved in branch.
Through the Resolver site I started the PPI reclaim process, including uploading of bank statements showing the loan, but having escalated it to the Ombudsman I was sadly unsuccessful. I was unable to find the original loan agreement sadly. The ombudsman said that I couldn’t prove I had PPI and HSBC couldn’t prove or dis-prove, so they found in HSBC’s favour.
Any suggestions greatly appreciated, or is it a lost cause?
Hoping to get some advice.
I took out a £10,000 loan with HSBC in about 1998, which had PPI included in my monthly payments. The loan was declined initially as I was only employed part-time, but then manually approved in branch.
Through the Resolver site I started the PPI reclaim process, including uploading of bank statements showing the loan, but having escalated it to the Ombudsman I was sadly unsuccessful. I was unable to find the original loan agreement sadly. The ombudsman said that I couldn’t prove I had PPI and HSBC couldn’t prove or dis-prove, so they found in HSBC’s favour.
Any suggestions greatly appreciated, or is it a lost cause?
0
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Any suggestions greatly appreciated, or is it a lost cause?
Unless you find the details, your complaint is over.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.0
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