Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
(1) Total Amount paid to the borrower £2,000.00
(2) Refinancing of Existing Indebtedness £2,243.90
(3)Optional Insurance as per application £1,429.98
(4)Arrangement Fee £ 115.00
Premium: £1,429.98
Interest: £1,235.96 Total £2,665.94
"On the insurance application form it states "All Insurances are optional and are not a condition or requirment of any loan agreement. Your Decision to purchase any insurance offered by Citifinacial will not affect our credit decision" - in the small print.
I distinctively recall the sales advisor saying that your loan will more likely be accepted if you purchase the insurance, she also failed to advise I could seek a cheaper more suitable cover (as I am already covered for many things through my employee such as long term sickness etc)
Based on the above, do you think I have a basis for a claim?
Re: Citifinancial Loan&ppi Agreement Breakdown - Any Advice On The Amount To Claim Back?
I distinctively recall the sales advisor saying that your loan will more likely be accepted if you purchase the insurance, she also failed to advise I could seek a cheaper more suitable cover
Yes the above is good grounds for being mis-sold so start your claim.
Re: Citifinancial Loan&ppi Agreement Breakdown - Any Advice On The Amount To Claim Back?
Hi have you got an address for citifincial or phone number i had two old loans with associates which became part of citifinicial i was told i had to have PPI i am trying to claim it back but cant find any contact address etc, the loans are now paid etc
£10,792.32
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