PPI Reclaiming discussion Part III

di3004

Came across my Keyfacts for E-Loan.co.uk

KEYFACTS - about our Insurance business.

Initial Disclosure Document

E_Loan.co.uk

1. The Financial Services Authority (FSA).

The FSA are an independent watchdog that regulates the Financial Services Industry. It requires us to provide you with this document which gives you information about our services and fees.
Use this information to decide if you services are right for you.

2. WHO'S INSURANCE DO WE OFFER ?

We offer products from a range of insurers - NOT Ticked

We can only offer product from a limited number of insurers.
A list of our insurers are available on request. - YES

We can only offer products from a single insurer - NOT Ticked

3. WHICH SERVICE WILL WE PROVIDE YOU WITH?

We will advise and make a recommendation for you after we have assessed your needs - YES

You will not receive advice or recommendation from us.
We may ask some questions to narrow down the selection of products details on.
You will then need to make your own choice about how to proceed - NOT Ticked.

4. WHAT WILL YOU HAVE TO PAY US FOR ARRANGING YOUR INSURANCE?

No fee will be charged for arranging your insurance. (We will be paid Commission from the lender) - YES

A fee of £ - payable at the outset and £- payable when you complete - Not ticked.

You will receive a key facrs illustration when considering a particular loan which will tell you any fees relating to it - Not ticked.
.............................................................................................................................

di3004

BIKERCHIC wrote: »

THANKS di3004

THE RECLAIM ON PPI LAST OCT THAT I WON WAS WITH HFC ALSO KNOWN AS HOUSEHOLD BANK & BENEFICIAL FINANCE AND AS I SAID THEY PAID OUT WITHIN 5 WEEKS INCLUDING INTEREST.

I DO HAVE ANOTHER PPI CLAIM THAT IS WITH FOS AGAINST BARCLAYS ON MY LITTLEWOODS CARD, BUT THIS HAS BEEN WITH FOS FOR 5 MONTHS NOW AND THEY ADV ME CLD TAKE ANOTHER 2 MONTHS FOR IT TO GO TO AN ADJUDICATOR i

I THINK I WILL SEND STAGE 2 LETTER TO HFC AS SHOULD NOT TAKE 9 WEEKS FO R THEM TO GET THE PAPERWORK FROM THE BRANCH NOW SHOULD IT:mad:

KEEP UP THE GOOD WORK

Hiya hun
Thank you.:A .


Keep us informed of these hun, and the very best of luck, keep at them.

We will help you move on from here if required, and give the FOS a ring or send them an email now and again, just to give a little nudge....:D .

Hope its all good news for you.;)

Di.
X

di3004

di3004 wrote: »

Came across my Keyfacts for E-Loan.co.uk

KEYFACTS - about our Insurance business.

Initial Disclosure Document

E_Loan.co.uk

1. The Financial Services Authority (FSA).

The FSA are an independent watchdog that regulates the Financial Services Industry. It requires us to provide you with this document which gives you information about our services and fees.
Use this information to decide if you services are right for you.

2. WHO'S INSURANCE DO WE OFFER ?

We offer products from a range of insurers - NOT Ticked

We can only offer product from a limited number of insurers.
A list of our insurers are available on request. - YES

We can only offer products from a single insurer - NOT Ticked

3. WHICH SERVICE WILL WE PROVIDE YOU WITH?

We will advise and make a recommendation for you after we have assessed your needs - YES

You will not receive advice or recommendation from us.
We may ask some questions to narrow down the selection of products details on.
You will then need to make your own choice about how to proceed - NOT Ticked.

4. WHAT WILL YOU HAVE TO PAY US FOR ARRANGING YOUR INSURANCE?

No fee will be charged for arranging your insurance. (We will be paid Commission from the lender) - YES

A fee of £ - payable at the outset and £- payable when you complete - Not ticked.

You will receive a key facrs illustration when considering a particular loan which will tell you any fees relating to it - Not ticked.
.............................................................................................................................

Regarding my post here above I must agree with what Incipience suggested the other evening about new style SAR, so the amounts commission and fees are disclosed, even though on mine it confirms commission paid by the lender for selling the INSURANCE (PPI), we have not got a clue what was actually paid to the brokers of e-loan/Twopart, that is like the lenders saying to the brokers "now you have sold the ppi , you will get paid for doing this", if you get my drift.......:rolleyes:

pinknico

Evening all. xx

di3004

pinknico wrote: »

Evening all. xx

Evening Pinknico.;)

I take it you've not had a response from the FSCS yet hun ?

pinknico

di3004 wrote: »

Evening Pinknico.;)

I take it you've not had a response from the FSCS yet hun ?

No , last time it took 10 days:eek:

di3004

pinknico wrote: »

No , last time it took 10 days:eek:

They certainly don't rush....... .
I give up checking on their site now, will do now and again but I have cut back on that now lol, I think my case will take longer as they have not even been listed yet...

sparkiedave

Having read the many features on PPI reclaiming, does anyone have any experience of dealing with either EGG or MBNA? I've asked EGG for information regarding the unemployment aspect of my policy, they then gave me a number to ring, which turned out to be the new card registration number, found that with MBNA I also couldn't get to speak to anyone about it, I have been self employed since 1991, took the MBNA card out in 1995, and the EGG card in 2002

pinknico

di3004 wrote: »

They certainly don't rush....... .
I give up checking on their site now, will do now and again but I have cut back on that now lol, I think my case will take longer as they have not even been listed yet...

Which company is this Di? Eloan ?

di3004

pinknico wrote: »

Which company is this Di? Eloan ?

Eloan is "Twopart" the ones that went into liquidation last year 2008, the case within the FSCS right now....