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Go Back   The Consumer Forums > The Consumer Forums
The Bank Action Group - against unlawful bank charges
> Other Institutions > Egg


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Before beginning to claim your bank charges be sure to read the FAQ by clicking the link above. Read it carefully and also read as much of the forum material as you can manage before you start claiming your bank charges refund. You will have to register before you can post or view the materials which may assist you in reclaiming your penalty charges: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. Understand what you are doing and you will be able to Reclaim the Right more effectively.

Why don't you come and introduce yourself in the Welcome section at the top of the forum. Then have a look around the rest of it.
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Old 26th October 2006, 16:35   #1 (permalink)
Dani
Classic Account Customer
Default Egg PPI

I took a loan out with Egg a couple of years ago. They said I would not be able to have the loan unless I took out PPI with them - which needing the money I agreed to.

From looking through this website for the past couple of months, I've now got in touch with them to cancel the insurance (which as you can guess, they weren't very happy about, and seemed to make out they needed an explanation!!).

My only problem is is that they've only refunded me the amount thats left (I've got 22 payments left) - £85.00. I've got my details and the total for the insurance is £649.50. So I've paid a hefty bit.

I think I have the grounds to request for the rest of this amount back as they insisted that I HAD to have this insurance. But I am a bit wary of Egg, as I know they are very very difficult to break down (I'm not sure if anybody has done yet). As I say, I've still got 22 months left to pay, and I've also got an Egg Card. I don't want to get into this if they are going to demand me to pay the whole lot back as I will not be able to do that.

Any advice??

PS I took on HSBC and won so I'm not afraid of the hard work, just don't want to get too deep in and ruin my credit report even more. I know how Egg work and their underhand tactics.
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