Thread: A&L PPI cliam or no claim?

Originally Posted by Laney65

I'll make this as short and painless as possible.

Took out loan with PPI via internet.

I cannot remeber if I had to tick in or out for this when I did so.
At no point was I aware that PPI was available from other sources.
Nowhere in the terms and conditions did it state this either, although there was the usual cooling off period.
There was also no mention on the T&C's that I would not be eligible for payout if my employer paid full sick pay which at that time they would of.

Now on a dmp with CCCS who advised me to cancel due to it being no use now I was on reduced payments anyway.
Was told the only way I could do this was to refinance the loan which I was in no position to do so.

So my question do I have grounds to reclaim the £1700.00??

This was taken out in Dec 2003

Yes even on a dmp you can claim back the PPI if it is cancelled due to a DMP etc. I am in the process of doing that but have just started so can not offer conclusive advice.

I would say though that if you had PPI on the original Loan/Credit card/Mortgage etc and you have a case for the PPI being mis-sold then you should surely claim it back. Cancel the expensive PPI policy and get a cheaper one online but you must at all costs ensure you have coverin the eventuallity that you cannot meet the repayments.

The aim of the game is to get the data, prepare a claim, submit a claim, take it up a notch to the fos or Court, wait for weeks or months and then put the money back into your account. The FOS are currently upholding 90% of claims and if you submit a complaint to the FOS it will cost the other party £500 for the FOS to deal with it

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