PPI Reclaiming discussion Part III

dreamer33

dreamer33 wrote: »

Maxdp I shall give you a pat on the back, I don't know what for but thought I'd join in lol

Ohhhhhhhh llllllloooooollllll I now know what your medal is for, excuse me maxdp

di3004

Found the information on the FSA register about HFC of the name aand details of who they wrote to for me.

http://www.fsa.gov.uk/register/firmContact.do?sid=78899

**MC**

Hi, I hope someone can advise. I took out a loan with Halifax in July 08 for £5000 over 60mths, and I have a PPI with it. I tried to cancel the PPI after 1 1/2 mths but was told it was linked to the loan and I would have to take out a new loan to pay off the old one, when they tried the interest rate had gone up and i would be paying back the same ammount without PPI. Also they have added the amount for the PPI to the loan before the interest, so I'm paying interest on the PPI aswell, so my total pay back is £7933, £1204 for the PPI. I haven't gone through the policy in detail but I feel I was pressured into taking it out. HELP!
:mad:

dreamer33

**MC** wrote: »

Hi, I hope someone can advise. I took out a loan with Halifax in July 08 for £5000 over 60mths, and I have a PPI with it. I tried to cancel the PPI after 1 1/2 mths but was told it was linked to the loan and I would have to take out a new loan to pay off the old one, when they tried the interest rate had gone up and i would be paying back the same ammount without PPI. Also they have added the amount for the PPI to the loan before the interest, so I'm paying interest on the PPI aswell, so my total pay back is £7933, £1204 for the PPI. I haven't gone through the policy in detail but I feel I was pressured into taking it out. HELP!
:mad:

Hi

If you feel you have been mis-sold the ppi then you need to put this complaint in writing to halifax explaining your reasons for the mis-sale. However you may wish you request all the info they hold on you (SAR) including telephone calls, just so you have more evidence to fire at them.

Did you get the loan by telephone or in the branch?

maxdp

dreamer33 wrote: »

Ohhhhhhhh llllllloooooollllll I now know what your medal is for, excuse me maxdp

Thank you. That one crept up on me. Did not know the medal system but it makes me look very important:rotfl::rotfl::rotfl:

dreamer33

I know this info is old but when reading it I was fuming at the tactics :mad: :

http://unfairloaninsurance.blogspot.com/2007/11/consumer-groups-blast-hard-sell-by.html

dreamer33

maxdp wrote: »

Thank you. That one crept up on me. Did not know the medal system but it makes me look very important:rotfl::rotfl::rotfl:

I think it was maybe my spelling mistake that finally gave you the medal, they saw what a good citizen you were and you were awarded:rotfl: :rotfl: :rotfl: :rotfl:

maxdp

dreamer33 wrote: »

I think it was maybe my spelling mistake that finally gave you the medal, they saw what a good citizen you were and you were awarded:rotfl: :rotfl: :rotfl: :rotfl:

Do you think so, will be looking very carefully from now on.:eek:

di3004

**MC** wrote: »

Hi, I hope someone can advise. I took out a loan with Halifax in July 08 for £5000 over 60mths, and I have a PPI with it. I tried to cancel the PPI after 1 1/2 mths but was told it was linked to the loan and I would have to take out a new loan to pay off the old one, when they tried the interest rate had gone up and i would be paying back the same ammount without PPI. Also they have added the amount for the PPI to the loan before the interest, so I'm paying interest on the PPI aswell, so my total pay back is £7933, £1204 for the PPI. I haven't gone through the policy in detail but I feel I was pressured into taking it out. HELP!
:mad:

Hi there
If its only this year you had taken this out, (a few months back then), you may possibly have the paperwork still on hand.

Unfortunately hun some loan companies work like that, where a new loan is rescheduled without the PPI, but you can still try to reclaim on this if this was mis sold to you.
Check out this link here:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

You will find some useful ppi info plus a mis selling check list, if any of them apply to you then add them to your letter along with as much information as possible, and if those of your reasons are not listed then add them to your letter anyway.

There is a template letter on that link to help you through this.

They have 8 weeks to respond.
Post by recorded post, and keep us posted as we can then guide you on to the next step, hopefully you will be successful with the first letter, but if not we shall take it from there.

Good luck.;)

Di

maxdp

Marshallka

Tried to download secret squirrel to use but it would not let me. Was I doing something wrong.