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I was just browsing through the secured loans threads and have seen something that has caught my eye. My husband and I had a loan with GE Money about 2yrs ago. I have just pulled the old paperwork out and saw that there was £2,720.00 PPI added on. We did not know about this. Is there any way we can reclaim this amount. We are not with them any more.
Any ideas would we great, thanks in advance
Hello yes its worth going after, I would advise you to start by reading this CAG Wiki PPI page first as it sets out various grounds to base you claim on and if you can indeed claim there are template letters there to start.
I note that you already have your agreement so there is no need to get a copy of that under data protection act 1998 and go straight to the preliminary letter and request a refund of the PPI premium paid and interest at the rate they charged you or the statutory 8% that a court would award you if it went that far.
Finally we are here to help so if you have any other questions ask away and someone will be along to answer.
How Do We Reclaim Old Ppi?
added on. We did not know about this. Is there any way we can reclaim this amount. We are not with them any more.
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