Working for employment agency and PPI

[fighter]

Hello guys and girls,

This is my first time posting but have looked for an answer to my query to no avail!!!

2 years ago my partner took out a loan with LTSB...he was told at the time that if he didn't accept ppi then the loan would more than likely be declined. Of course....he took out PPI!!!!!

At the time he was working for an employment agency...which the bank knew! I have read many threads that if you were self employed etc then the PPI was inapropriate anyway. However I can't seem to find any details on whether being on an employment agency at the time has the same affect.

Can anyone help....please?????

[gizmo111]

Would depend on the type of contract and length it was due to run I presume.

[hellhasnofury]

Originally Posted by fighter

Hello guys and girls,

This is my first time posting but have looked for an answer to my query to no avail!!!

2 years ago my partner took out a loan with LTSB...he was told at the time that if he didn't accept ppi then the loan would more than likely be declined. Of course....he took out PPI!!!!!

At the time he was working for an employment agency...which the bank knew! I have read many threads that if you were self employed etc then the PPI was inapropriate anyway. However I can't seem to find any details on whether being on an employment agency at the time has the same affect.

Can anyone help....please?????

Hello and welcome,

You need to read the terms and condition that were give with the ppi. Some policies cover self-employed etc.

The fact that he was told no ppi, no loan works for me

[reidnet]

Totally agree with Hell on the fact that told No PPI then No loan, Lloyds did that with me and it cost them..lol Better not say too much here about Lloyds as the have been known to monitor Posts on here..

[fighter]

Thanks for your replies....I am going to try to dig out the paperwork to see if tells me. He was working with the agency contracted out to Land Rover but was told that it could finish anytime. He would be given one weeks notice.
I was kind of hoping that being on the agency wouldn't have been covered....another arrow to my bow!!!!.
Think I will still persue them for the PPI on the fact that they told him no PPI no loan in a nutshell.

[hellhasnofury]

Originally Posted by fighter

Thanks for your replies....I am going to try to dig out the paperwork to see if tells me. He was working with the agency contracted out to Land Rover but was told that it could finish anytime. He would be given one weeks notice.
I was kind of hoping that being on the agency wouldn't have been covered....another arrow to my bow!!!!.
Think I will still persue them for the PPI on the fact that they told him no PPI no loan in a nutshell.

Hello, Once you have all your info, send them a prelim letter asking them to refund your money plus interest. You will find a few prelim letter kicking about the ppi forum.

If you need help just ask

[fighter]

Thanks hellhasnofury!

I do have just one question though.....should my partner call up Lloyds and try to cancel the ppi first?

[hellhasnofury]

Originally Posted by fighter

Thanks hellhasnofury!

I do have just one question though.....should my partner call up Lloyds and try to cancel the ppi first?

Yes, but they will not want to, but insist, Do not agree to start another loan. This is there ploy. they may say to cancel you have to take another loan. do not agree

[reidnet]

They will Cancel and refund the PPI without taking out a new loan, They did with me but then I did Fight with them a fair bit..lol

If you need any Help with Lloyds PM me and I can let you see copies of what I used against them, I cannot post the letters etc on open forum at the momment due to Legal Reasons..

Ian