laurmurf Posted January 18, 2012 Share Posted January 18, 2012 Just wanted to alert Omleteers who might consider doing this but haven't yet, it is definitely worth it and isn't any hassle whatsoever! I used the template letters on the Martin Lewis Moneysavingexpert.com website ( http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance ) and sent them off to the company I had a loan with. I had some but not all of the paperwork and included that. It took some persistence (in total 3 letters) but I've just heard back from them that they have found in my favour for the loan that I paid off 4 years ago! Even better they found that I had several loans from 1998 all paid off in succession that I hadn't included in my original letter that had also been missold to me so have also been found in my favour. I am getting a cheque from them for lots and lots of mis sold Payment Protection Insurance loans + 8% interest! As I'm about to leave work at the end of my contract and YD is going to university in Sept it's all come at a fantastic time. I would heartily recommend it! Quote Link to comment Share on other sites More sharing options...
C&T Posted January 18, 2012 Share Posted January 18, 2012 We did it - and like you it was worth it! Helped for Christmas last year I seem to recall... Quote Link to comment Share on other sites More sharing options...
Sammiboo Posted January 21, 2012 Share Posted January 21, 2012 I did it about 4 years ago. I made quite a big claim from barclays for my PPI and I also had insurance ( i didnt know about) on my current account which covered me for sickness. I was off work for a while after a bad car crash (car rolled down an embankment after wheel detached) i rang barclays for assistance and they told me to "up my loan" a couple of years later i found out i had insurance and set a good case against them. Was well worth it as the payout came just before we moved Quote Link to comment Share on other sites More sharing options...