Should I Reclaim Old PPI or Simply Keep My Head Down

[JeffersonMangum]

After burying my head in the sand for some time, I have finally sourced a list of all my creditors from the now defunct Debt Management Company Synergence.

 

I took out 2 loans that I'd completely forgotten about (shocking I know) worth a combined £32,000. One is a loan from Bank of Scotland and one is a credit card from Morgan Stanley.

 

I have the feeling that I took out PPI on these agreements. So my questions are these:

 

1) How do I find out categorically if there was PPI on the agreements. For the credit card how do I calculate how much I paid (I'm not sure they'll provide statements going back long enough).

 

2) Given that no one has chased me for these debts for about 12 months is it best to keep my head down, and hope they drift slowly towards being statute barred. The PPI would be nice but I don't want to kick the hornets nest!!

 

Both debts have been sold on, so am I right in saying that the company will have to refund me directly?

[twofoot]

You are probably being greedy. Don't kick the nest.

[giveITallback]

Only go down that route if they take you to court before the stat barred date passes. It's unjust enrichment otherwise and they're certainly not going to let you get away with not paying the debts and claiming back PPI, some of which you might not have paid them yet either, if you're in arrears.

[Hardupnotfedup]

Can't believe you even have the gall to ask to be honest