PPI Reclaiming discussion Part III

robbiewilliams

di3004 wrote: »

Arh okay then hun, so they have a few weeks yet then, although you may still be lucky to receive this before the 40 days deadline..hopefully anyway.

It will be well worth writing to them then hun about the agreement and calculations, like Marshallka said phone calls mean nothing to these companies and there can be nothing to prove, in writing there is if also posted by a recorded delivery, not only that you will know when they receive this or any of your letters then.;)
Many of us have been caught in that, thinking the person on the phone seemed friendly enough, even though some have received without writing to them, but best to be safe here.

I don't think Black Horse were covered/regulated during 2003, please remind me was it them that arranged and sold you the loan? Or a loan broker?

I do know others though taking different routes with these if they were not covered, the ombudsman will not be able to investigate unfortunately, it seems there are loads of us here in the same situation with some of the finance companies, but some even try to FLA, the financial leasing Association here:
http://www.fla.org.uk/fla/consumerfinance/Consumercomplaints.riv

It may also be worth your while emailing then to be prepared, just in case, to see what other direction you can take here, but yet with a good strong case the small claims court is another option to take and not too drastic as people think to what I am aware of.;)

Hi Di
The loan was arranged directly with Black Horse. So if I went to the FLA do they charge for their services?

marshallka

robbiewilliams wrote: »

Hi Di
The loan was arranged directly with Black Horse. So if I went to the FLA do they charge for their services?

No they do not charge but often don't do anything either from what I have read..:mad: .

di3004

robbiewilliams wrote: »

Hi Di
The loan was arranged directly with Black Horse. So if I went to the FLA do they charge for their services?

Hi Robbie, no the FLA do not charge us for their services.;)

Oops just edited to come back in lol, Sorry Marshallka, you just beat me to it lol x
Thanks anyways.

di3004

masmit wrote: »

thank you all for help & advice today
feel court is the way to go now, i have to wait a couple of weeks for there final response. will let you know on any developments when they happen.
thanks again

Good luck masmit.:T

Do you require court info or are you okay with this hun?;)

I bet it will be far quicker as well.:j xx

masmit

hi all, thanks again for advice earlier.
robbie hope this helps.
FLA just send what you send to them to blackhorse, they dont look at it & there's no mediation from them between the two party's to help resolve the complaint. they are a total waste of time & i sold them so, believe it or not the girl agreed who i was talking to. the advice given on here today has been bang on, if these company,s were not regulated & give you a final response, then there's no point beating around the bush, courts the only option.
FSA gave me [community legal service]for help & advice on taking court action. tel;08453454345
dont be put off anybody its down to these company's proove they havnt mis-sold & its not easy for them to do as you can see on the success thread.

di3004

masmit wrote: »

hi all, thanks again for advice earlier.
robbie hope this helps.
FLA just send what you send to them to blackhorse, they dont look at it & there's no mediation from them between the two party's to help resolve the complaint. they are a total waste of time & i sold them so, believe it or not the girl agreed who i was talking to. the advice given on here today has been bang on, if these company,s were not regulated & give you a final response, then there's no point beating around the bush, courts the only option.
FSA gave me [community legal service]for help & advice on taking court action. tel;08453454345
dont be put off anybody its down to these company's proove they havnt mis-sold & its not easy for them to do as you can see on the success thread.

Shame the FLA are not able to help, makes you think why they are really there, it just doesn't seem fair does it?

Although I am sure some have been successful from these, but it may take a bit of messing about, court would be a better option here I think, straight forward and a quicker method.;)

robbiewilliams

So people on here who have had success with loans over 6 years old have they taken the court route? What are the fees for court action?

di3004

robbiewilliams wrote: »

So people on here who have had success with loans over 6 years old have they taken the court route? What are the fees for court action?

I shall see what we can find out for you and imagine that masmit will also have been provided some court info too.;)

marshallka

robbiewilliams wrote: »

So people on here who have had success with loans over 6 years old have they taken the court route? What are the fees for court action?

No some banks (most in fact) were members of the old Banking Ombudsman Scheme which was around before the FOS so if you have a claim over 6 years old and you only just became aware of the misselling then this can be applied to your complaint. ALso if the firm was a member of the GISC. Its like the same rules as section 32 of the consumer credit act. Just depends on whether the firms were members of any of the old schemes and if you can say that you only just became aware of the misselling.

di3004

Robbie here is some info if the amount for reclaiming is £5k and less, but I am sure there is more direct info on these issues for court.
http://www.adviceguide.org.uk/index/your_rights/legal_system/small_claims.htm

http://www.hmcourts-service.gov.uk/