help needed ppi-welcome finance

[jubaxt]

hi i took out hp on a car in 2004 and was sold ppi-at the time i was employed on a as and when needed basis as a relief nurse-no sick pay e.t.c through work-just called in to cover hols and sickness-welcome new this was the case as they nearly didnt give me the loan as i had no fixed permanent contract-they went on to add ppi at a cost of £1295 inc interest to my account-it is only now thwt i realise i wouldnt have been able to claim-have i a case for missold ppi-please advise

[hellhasnofury]

hi i took out hp on a car in 2004 and was sold ppi-at the time i was employed on a as and when needed basis as a relief nurse-no sick pay e.t.c through work-just called in to cover hols and sickness-welcome new this was the case as they nearly didnt give me the loan as i had no fixed permanent contract-they went on to add ppi at a cost of £1295 inc interest to my account-it is only now thwt i realise i wouldnt have been able to claim-have i a case for missold ppi-please advise

 

Hello jubaxt,

 

I am sure that you have read this sticky

 

PPI - Some Notes for Claimants

 

The first thing to consider is

whether you think that you were mis-sold this ppi,

 

Do you have the terms and condition with the ppi premium.

 

Some of the terms stipulated may cover you. you need to check them.

 

If it was mis-sold you must reclaim it all back:D

 

If you need help ask and there are a lot of people on the forum that will help.

[jubaxt]

bump-any other advice please

[Russjo]

Hi Jubaxt,

 

Look at the points below, if any apply to your situation, then I believe you may have a claim. You need to look at the terms and conditions of your policy at the same time to see what applies and what doesn't

 

1 You were not in work or self employed at the time of sale

 

2 You were told that you had to take the PPI out at the same time as the loan or not at all

 

3 You were not asked whether you had any other insurance which would cover the loan

 

4 You were not told you could buy PPI elsewhere to cover the loan

 

5 You were sold a policy which had age restrictions which you fell outside of

 

6 You were led to believe that Payment Protection Insurance was compulsory

 

7 You were told that you would stand more chance of getting the loan if you took the Payment Protection Insurance

 

8 It was not explained to you that there were certain exclusions within the policy that could affect you

 

9 You were pressured into buying the PPI

 

10 You paid upfront for the PPI but it was not explained that there were some PPI policies where you could pay monthly

 

11 Your PPI was an upfront premium and you repaid the loan early and received no refund

 

12 You increased your loan and the PPI was increased automatically

 

13 The Terms & Conditions of the small print were not fully explained to you

 

 

Hope this helps

[jubaxt]

do i claim it back as though it was an added charge-i.e date it from inception date and add cci at their % rate?