What Shall I Do Offered 25% Back On Ppi

diddydiner

marshallka wrote: »

Come onto the PPI reclaiming thread and someone will guide you through the misselling there.;) You can do this yourself and it will cost you a stamp or two.

anyone know what is meant by ;; is the loan
UNENFORCEABLE

Browntoa

company will CLAIM that they will look at your loan for a fee of £500 as it MAY be unenforceable, but there is no proof that this works and there is an Office of Fair Trading warning about using those sort of sites, you can get the same advice for free at a Citizens advice Centre


http://www.oft.gov.uk/news/press/2008/consumeralert

Claims regulator and OFT issue consumer alert


Claims regulator and OFT warn consumers about risks of being misled over the enforceability of consumer credit agreements

MoJ/OFT Consumer alert 21 August 2008

The Claims Management Regulator at the Ministry of Justice and the Office or Fair Trading (OFT) are warning consumers to think carefully before responding to businesses claiming that they can arrange for outstanding balances under loan, credit card and other consumer credit agreements to be written off and secure compensation.

Consumers are advised to seek independent advice before using the services of businesses that offer to find ways to render consumer credit agreements unenforceable. Businesses can only provide claims services if they are authorised and regulated by the MOJ under the Compensation Act 2006. Such businesses may also need to hold an appropriate OFT consumer credit licence.

Consumers may be asked to pay large up-front fees, often up to £500, for the businesses to review their credit agreements. Some businesses are claiming that many of these agreements are completely unenforceable, that consumers can have debts cancelled and claim back thousands of pounds. Consumers should think very carefully before committing themselves to making claims and handing over hundreds of pounds in advance to do so, even where refunds may be promised if the claim is unsuccessful.

Consumers with specific debt problems may wish to contact their local Citizens Advice Bureau who will often be able to provide advice free of charge.

Free, impartial advice can also be obtained from the contacts at the end of this alert.

diddydiner

if im to write in about being missold my ppi who do i write to. on the letter its first plus financial group plc
on the bottom in small print its barcleys bank plc.
do i need m paperwork for he loan, i dont think i stil have it

oldbanker

I have sent you a message

marshallka

diddydiner wrote: »

if im to write in about being missold my ppi who do i write to. on the letter its first plus financial group plc
on the bottom in small print its barcleys bank plc.
do i need m paperwork for he loan, i dont think i stil have it

Come onto the thread for PPI reclaiming discussion and you will get all the help and support you need to get this back on your own.

http://forums.moneysavingexpert.com/showthread.html?t=862067