Loan+ PPI sold by double glazing company.

[roofovermyhead]

The first loan I ever had was for double glazing. It was sold by the salesman who sold the glazing. I was not even aware the PPI element was a voluntary arrangement.

 

There was no breakdown on the statements from the company. When the loan was cleared I asked for a breakdown, I was intially told that the loan and the PPI were all rolled together as a package. I never used the PPI.

 

I want to claim it back. Is there any problem given that it was sold through a double glazing company and not directly through the loan company. Is there a specific template letter for this?

 

 

How long does PPI reclaiming usually take?

[alanalana]

The first loan I ever had was for double glazing. It was sold by the salesman who sold the glazing. I was not even aware the PPI element was a voluntary arrangement.

 

There was no breakdown on the statements from the company. When the loan was cleared I asked for a breakdown, I was intially told that the loan and the PPI were all rolled together as a package. I never used the PPI.

 

I want to claim it back. Is there any problem given that it was sold through a double glazing company and not directly through the loan company. Is there a specific template letter for this?

 

 

How long does PPI reclaiming usually take?

 

Please post up more information:

 

Company name?

Details? or post up a copy of the consumer credit agreement?

Cost of the PPI?

Were you asked the appropriate questions at the point of sale?

Do you have documentation?

If so what documents do you have?

Is a broker involved?

When did you take out the loan for Double Glazing?

 

The more information you can supply the better so advice can be given.

 

aa

[roofovermyhead]

Thanks for the reply.

 

I rang the FSA yesterday- I was told as the loan was taken out through a double glazing company , and they had gone bankrupt, it would be difficult to do anything. To make matters worse the loan was from 2002 , before regulations governing PPI sales came into force.

 

The PPI amounts are about £350.00 PA over five years.

[roofovermyhead]

And, we didn't even know there was a PPI element in the loan. The loan cmpany itself , when asked about a year ago said that it would be difficult

to show what the PPI element was because at the time it was all aprt of the loan.

 

I have since then managed to get them to separate loan from PPI and it runs at about 10% of the total loan.