Unfortunately the digital process will not work with Javascript disabled. You can find out more on how to enable javascript by clicking here.

FREE LOAN PPI CHECK**

PPI CLAIMS DEADLINE
29th Aug 2019

TSB Loan PPI Claim

TSB-loan-ppi-claim
Did you have PPI on your TSB loan?

YOU COULD BE OWED £1,000s IN PPI COMPENSATION ON YOUR TSB LOAN


TSB Bank was formed in September 2013, from branches that had previously been part of Lloyds TSB, as well as some branches that had been part of Cheltenham and Gloucester.

There are more than 600 branches across the UK, run from their Edinburgh headquarters. At the time of its launch the bank had 4.6 million customers.

TSB offers personal loans, mortgages and credit cards to their customers, as well as providing current and savings accounts, and a range of insurance products.

What Is TSB Loan PPI?

Many loan providers sold Payment Protection Insurance (PPI) to their customers over the last 20 years or so. The policy was meant to act as a safety net to protect borrowers from falling into arrears if they ever stopped working because of sickness, an accident or if they became unemployed, the policy would cover their loan repayments.

PPI can be and is a useful product if sold and used in the right way. However lenders found that selling PPI with a loan rather than a credit card for example, was much easier, because of the size and length of a loan.

PPI was mis-sold by banks and lenders on a huge scale over the last few decades, with over 60 million policies being sold from 1990 onwards.

Many millions of people were sold PPI without knowing they had done so. The result is many people are entitled to compensation – provided they can prove that the PPI was mis-sold to them.

PPI and its mis-selling has become the largest financial scandal in the history of the UK finance sector.

Grounds on Which Loan PPI May Have Been Mis-sold by TSB

There are several ways in which TSB PPI was mis-sold. Lots of people took out PPI cover with their loans believing that it boosted their likelihood of being accepted, or that the policy was a necessity. However, there are many other ways it may have been mis-sold:

  • Were you aware that TSB had added the PPI insurance to your loan?
    • If you had no idea you had it, you may have been mis-sold.
  • At the time TSB sold you loan PPI, were you unemployed, retired or a student?
    • If so, you may never have been able to claim on the policy, so it could have been mis-sold.
  • If the policy costs weren’t listed separately by TSB to the loan advance, you may have been mis-sold.
    • TSB was required to list the costs separately.
  • Was any information provided by TSB about alternative policies?
    • If not, then you may have been mis-sold, because there may have been cheaper and alternative cover elsewhere.
  • Were you informed by TSB about any exclusions?
    • For example, if you had any pre-existing medical conditions, the cover may have been voided, therefore you could be classed as being mis-sold.
  • Loan PPI is an optional product so not compulsory, did TSB make this clear?
    • If TSB told you it was required in order to secure the loan, or you felt pressured in any way to taking out loan PPI, you might have been mis-sold.
  • Were any checks done by TSB to determine if you had any existing PPI policies?
    • If not, you may already have been fully covered, so were mis-sold if they failed to check.
  • Did TSB check if your employer provides full sick pay?
    • If no checks were done and you are entitled to full sick pay, your loan payments would have been covered rendering the loan PPI unnecessary.
  • When discussing your TSB loan application, did you feel pressurised into buying PPI?
    • When taking out PPI TSB should have made sure you were happy with the deal, instead of having it forced on you. If any pressure was placed on you to take out a policy you didn’t require, you may have been mis-sold loan PPI.

What Do I need to Start My PPI Claim with TSB ?

Start by finding your paperwork with evidence of mis-sold PPI. You will need this to make a claim. If you no longer have the paperwork, don’t worry we can find out if you had PPI on this or on any previous finance products and/or accounts.

If you notice that your account had PPI attached to it, think back to when it was sold to you. Can you remember when or why you agreed to it? Were you informed that it would be added?

If you can’t remember please don’t worry, we can check if you had PPI with your TSB loan for free.

How to start your PPI claim with TSB ?

To get your PPI claim underway we’d like to discuss the details of your case with you, so your complaint can be lodged with TSB on your behalf as quickly as possible.

  • To start your PPI claim we first need to establish if you had PPI on your TSB loan account. To start your Free PPI check with TSB complete our online form with your contact details.

How Far Back Can I Claim PPI?

What If my PPI Claim Has Already Been Rejected by TSB ?

If you have raised a previous PPI complaint with TSB which was not upheld, you are now be entitled to raise a further complaint relating only to the commission charged under the new Plevin ruling on your PPI policy, please complete our online High Commission PPI Check check.

Loan providers facing PPI claims:

The following is a list of loan providers who are known to have sold PPI. Please note this is not an exhaustive list.

118 118 Money Loan PPI Claim

1Plus1 Loans PPI Claim

1st Stop Personal Loans PPI Claim

AA Loan PPI Claim

Amigo Loan PPI Claim

AvantCredit Loan PPI Claim

Bank of Ireland Loan PPI Claim

Bank of Scotland Loan PPI Claim

Barclays Bank Loan PPI Claim

BeSavvi Loans PPI Claim

BumbleBee Loans PPI Claim

Cahoot Loan PPI Claim

Clydesdale Bank Loan PPI Claim

Consollo Loan PPI Claim

Creation Loan PPI Claim

Creditplus Loan PPI Claim

Danske Bank Loan PPI Claim

Derbyshire Building Society Loan PPI Claim

First Direct Loan PPI Claim

Fluent Loans PPI Claim

George Banco Loan PPI Claim

Glo Loan PPI Claim

GuarantorUs Loans PPI Claim

HSBC Loan PPI Claim

Halifax Loan PPI Claim

Hitachi Capital (UK) Plc Loan PPI Claim

Lending Works Loan PPI Claim

LendFair Loan PPI Claim

Lloyds Bank Loan PPI Claim

M&S Bank Loan PPI Claim

Madiston LendLoanInvest Loan PPI Claim

Metro Bank Loan PPI Claim

Moneyway Loan PPI Claim

My Car Credit Loan PPI Claim

Nationwide Loan PPI Claim

NatWest Loan PPI Claim

Ocean Finance Loan PPI Claim

Pareto Loans PPI Claim

Post Office Loan PPI Claim

Quid Cycle Loan PPI Claim

RateSetter Loan PPI Claim

Royal Bank of Scotland Loan PPI Claim

Santander Loan PPI Claim

Sainsbury’s Bank Loan PPI Claim

Smile Loan PPI Claim

SUCO Guarantor Loans PPI Claim

TFS Loans PPI Claim

Tesco Bank Loan PPI Claim

The Co-operative Bank Loan PPI Claim

TrustTwo Loan PPI Claim

UK Credit Loan PPI Claim

UK Trust Loans Loan PPI Claim

Ulster Bank Loan PPI Claim

Yorkshire Bank Loan PPI Claim

Zopa Loan PPI Claim

Zuto Loan PPI Claim


To Start your Loan PPI Claim

Call 0333 443 2500

or

Complete our Simple Free PPI Check Service Form

Get a No-obligation FREE PPI Check**
Find Out If You Have PPI To Reclaim!
Don't Miss the PPI Deadline

Don't Delay - Start your PPI FREE CHECK with us Today !

Start My FREE PPI Check

HELP FROM OTHER ORGANISATIONS


You can submit a claim directly to the lender yourself for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free to review your case, providing it falls within their remit and you have approached your lender first.

CONTACT • CHECK • RECLAIM PPI

Did you have a loan, credit card, store card or mortgage between 1988-2014?

You may have been Mis-Sold PPI

£Millions Remain Unclaimed! Let Us Find Out if You've Had PPI No Upfront Fees Don't Miss the Deadline

You Could be Due a PPI Refund!

START YOUR PPI CLAIM