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BARCLAYS PPI Mess!!!

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  • BARCLAYS PPI Mess!!!

    Hi All,

    I was offered a loan as a good customer from Barcalys in 2003 based on my Additions Acc at the time... The loan was given although I was only a CARER* in a nursing home and as I was working about 90+ hours a week - I was making on average about £2000/month take home salary...

    In 2005, one of the clients I was working with on the job viciously attacked me with a scissors and tried to kill me... The experience created acute PTSD! I was signed off work by my GP* and the loan payment PPI to Barclays was not honored by the Insurer (Genworth Financial) and after major stressful going back & forward with the company the account fell into arrears...

    11 years on, I made PPI claims on several of my past accounts to discover that I had an outstanding balance of £7K which apparently is still on Barclay's books although the loan was sold on and Barclays said I had almost £3K PPI on the loan and they would send me a cheque for £900 but they will be keeping almost £2K as payment towards the existing loan. Does something smell here?

    Do I have a "BONE" of contention here or what?
    Tags: None

  • #2
    Re: BARCLAYS PPI Mess!!!

    If there was an outstanding balance on the account they are entitled to use their right to set off any PPI repayment against the debt.
    Any opinions I give are my own. Any advice I give is without liability. If you are unsure, please seek qualified legal advice.

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