PPI Questions

[NMBlack]

if you were a student (ie no salary, but was receiving a grant) and were sold PPI does that mean it was mis-sold?

Yes. It was one of the reasons I had my PPI payments refunded.

Make the claim yourself, or go through the bank's own claim system. Never deal with the cold-callers....I can't understand why some people are happy to hand over their bank details to random strangers over the phone.

 

[Mr Joshua]

No, the issue was sometimes it was misold. I got sold PPI many years ago, Halifax sent me the forms to claim. I didn't because they had discussed and explained it to me and I knowlingly purchased it with an informed choice.

Shame I have ethics.

I agree, pity many banks don't, ah well.

 

[Columbo]

No, the issue was sometimes it was misold. I got sold PPI many years ago, Halifax sent me the forms to claim. I didn't because they had discussed and explained it to me and I knowlingly purchased it with an informed choice.

Shame I have ethics.

I've never bought PPI but wasn't one of the problems was that even if you did knowingly buy in full knowledge of what you were doing if you had ever tried to claim against that policy it wouldn't have been worth the paper it was printed on?

 

[GW1970]

Settlement offer has just come through from barclaycard for my PPI claim with 0% going to any claims company.

Just waiting for the next CPI claim letter to land which should if everything goes through should be an extra payout next year.

 

[G-Man]

Way back in 2004 RBS technically mis-sold me PPI when I got my credit card.
They described it as something that pays your card if you lose your job, they never mentioned any requirements so when I took thinking it sounded like a good idea it was actually useless.

Turns out you had to be in work for 6 months before it was able to be used (I'd only just started the job a month or so ago and it ended up lasting barely 6 months anyway).
Then many years later I tried to claim on it only to be declined due to being on a fixed term contract as my last job, eventually (and apparently only because the contract had been extended by a month) they paid out.

Have debated a number of times claiming since I spent years paying for something I couldn't use but of course the eventual successful claim makes it a bit more morally dubious and the RBS form requires details from paperwork I don't even remember ever getting, let alone still have.

 

[Glanza]

Better off doing it yourself, I sent a letter into an old CC that I had on the off chance, turned out I was entitled and got a cheque through the post a few week later.

 

[jamesblade]

Had around 14k returned from various PPI claims I've made so far, never once used a company to do it.. Last one I had to resort to threats of going to the ombudsman after the bank played hard to get even though I sent them copies of old statements and contracts etc.. They returned them twice saying no records etc but paid up within 3 weeks of threatening them..

I'm happy it became possible to do