ppi

[keep on smiling]

please could any one advise me i took out a loan with ppi from the abbey national my payments fell behind i was advise my ppi was cancelled can i claim anything back.

[hellhasnofury]

Originally Posted by keep on smiling

please could any one advise me i took out a loan with ppi from the abbey national my payments fell behind i was advise my ppi was cancelled can i claim anything back.

Hello KOS

Can you give a bit more info, you say that you fell behind on payments, are you still making payment some payments now, toward the loan debt. and what is the balance owed.

Do you feel that you where mis-sold the ppi, if so they contributed to your indebtness by increasing the amount you have to pay back by mis=selling you the premium in the first place, claim it back.

Please read the ppi stickies to give you and idea of the process, and read the threads to get an understanding of how to reclaim it back.

[ninjainthenight]

sounds like your PPI is a monthly policy which would mean if you missed loan payments you also miss premium payments which means your ppi lapses. normally this is after 3 missed payments

[keep on smiling]

hi kos thanks for your reply loan was sold to another company i have now paid the debt off in full. do you think i have a claim please advise thank you .

[hellhasnofury]

Originally Posted by keep on smiling

hi kos thanks for your reply loan was sold to another company i have now paid the debt off in full. do you think i have a claim please advise thank you .

Hello Kos,

Even if the debt was sold to another company and the balance has now been paid off. If the policy was mis-sold to you in the first place, you can reclaim it back.

You now have to start of the process by sending the Abbey a Full S.A.R - (Subject Access Request) to get the information that you need. It costs £10 but worth it.

Please have a look at this thread for the S.A.R - (Subject Access Request)

Full S.A.R - (Subject Access Request) for ppi

[keep on smiling]

hello i have found my old account number took out loan in dec 98 loan was sent to debt management in june 03 ppi was cancelled by abbey in feb 02 can i reclaim? what should i put in was in debt and loan sold on to debt management please help thank you.