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Business Protection Plan sold to me by HSBC .. is that same as PPI ??


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Dear All

 

 

I took out a business loan from HSBC back in April 2009. I was told a pre-requisite for the business loan is for each of the business partners to take out a Business Protection Plan.

So we had to pay for 2 Business Protection Plans(for me & my spouse) over the course of 5 years that ended April 2013.

 

Can someone advise if indeed it is same as PPI

 

 

Regards

MS

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yes it is PPI

 

and yes you can reclaim it

 

think there are a few threads here already

 

get an sar off and get all the statements/details

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Thanks Guys, I'm going to send a letter and docs to HSBC first and see what they do about it first as mentioned in the link sent by rebel11. Let's see what they come up with and I will keep you posted.

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