PPI Reclaiming discussion Part III

di3004

pinknico wrote: »

Brilliant pic Di, I am sure we have all had that perm!;)

Those were the days........:o :rotfl: lol.x

pinknico

Forgot for a minute this was a PPI forum!!:rotfl:

Hope you all stay here when your claims are settled .

marshallka

Heartmate wrote: »

After going through the discussions about PPI, I think I have also been mis-sold a policy. Last year took a loan 0f 20,500 from Clydesdale Finance to build a conservatory. The conseravatory was built by Anglian and the finance was applied through them. While getting the finance the Anglian representative recommended me the PPI. I did not want the PPI but the representative mentioned me that if I do not take up the PPI then I would lose £ 2000 of the discount he was offering (this was a verbal discussion and there is no documentary evidence of this conversation) The PPI policy is provided by Anglian Home Improvemnets and is underwritten by Lloyds Syndicate and BJ Jackson Syndicate. The policy value is £ 2876.30 and is added to the loan. The PPI policy summary document mention that Anglian recommends me the Optional Payment Protection Insurance. The term of insurance is 60 months and term of loan is 120 months . Now my question is how do I prove that the Anglian representative was pushy about selling me the policy and offered to cancel a substantial portion of discount if I opted out of PPI? It was only a verbal conversation.

You need to make the complaint to whoever actually sold you the insurance so its Anglian that did it.

Don't forget to send it recorded delivery and also give them 8 weeks for a full and final response. Di has provided the link for the template letter etc.

marshallka

pinknico wrote: »

Brilliant pic Di, I am sure we have all had that perm!;)

Hands up from me again:o

di3004

Oh forgot to mention, I do have those creeping grey hairs lurking between the blonde as well.......:o .

Off to stuff my face......:o , then gonna watch Eastenders, will be back at some point later:p .

ombler

Hi
i'm just starting the whole PPI reclaim with egg, when i was young i took out a single premium policy with them to consoladate my debt, i was told that i couldnt have the loan unless i had the PPI and as i was very desparate at the time i couldnt say no.

I rang up egg today and asked them to give me my old loan information (how much ppi was on it a month ect) they said it was a single premium and was all added in the begining the total being £9918.98, I then later paid this off with another single premium policy (not quite knowing what i was doing) this made the new loan £12,974 (£4265.07 of this being PPI incorporated in the total)

I am about to send in my 1st letter to them.:rolleyes:

Am i right in thinking that the new loan i took out paid off the ppi that was added at the begning of the original? so i have paid more or less double ppi?
Anyone with any help please as i am getting confused and dont want to accept anything less than whats owed to me (inc my 8% of course)
Has anyone been in this situation with egg?

I must say when i rang up the customer service was being very slow and limited in what they said they could see as far as my old account could go.

I hope someone in the MSE :money: universe has had some sort of similar experience.

Many thanks please get in touch if you have

Ombler:D

maxdp

di3004 wrote: »

Oh forgot to mention, I do have those creeping grey hairs lurking between the blonde as well.......:o .

Off to stuff my face......:o , then gonna watch Eastenders, will be back at some point later:p .

Di I had a perm like that up till about ten years ago had it for ages. Then had it all cut short. Going for long and flowing now. (It covers up the wrinkles):rotfl:

Those grey ones on the head always go coarse and curly like pu.:eek:es

maxdp

ombler wrote: »

Hi
i'm just starting the whole PPI reclaim with egg, when i was young i took out a single premium policy with them to consoladate my debt, i was told that i couldnt have the loan unless i had the PPI and as i was very desparate at the time i couldnt say no.

I rang up egg today and asked them to give me my old loan information (how much ppi was on it a month ect) they said it was a single premium and was all added in the begining the total being £9918.98, I then later paid this off with another single premium policy (not quite knowing what i was doing) this made the new loan £12,974 (£4265.07 of this being PPI incorporated in the total)

I am about to send in my 1st letter to them.:rolleyes:

Am i right in thinking that the new loan i took out paid off the ppi that was added at the begning of the original? so i have paid more or less double ppi?
Anyone with any help please as i am getting confused and dont want to accept anything less than whats owed to me (inc my 8% of course)
Has anyone been in this situation with egg?

I must say when i rang up the customer service was being very slow and limited in what they said they could see as far as my old account could go.

I hope someone in the MSE :money: universe has had some sort of similar experience.

Many thanks please get in touch if you have

Ombler:D

You should have had some refund of the old PPI policy. Sometimes you get that paid back straight to you. Sometimes they forget:eek: and sometimes it is given as a rebate against your new loan. If you go through the miss sold route you need to make sure they are aware of the fact that this was re-financed. Because the PPI from the first loan that was not rebated would have impacted back on the second loan.

Am sure others will give you the route of reclaiming but just needed to warn you about this.

Good Luck to you:D

maxdp

pinknico wrote: »

Forgot for a minute this was a PPI forum!!:rotfl:

Hope you all stay here when your claims are settled .

Oh Pinknico you are sweet;) God help if we all went onto another Forum we could all upset loads of people:rotfl:

pinknico

If you got sold this over the phone your chances of success are better as they should have a recording of the sale which should show mis selling.

Dont worry too much in your first letter about an amount to reclaim, first get them to admit mis selling and we can go from there.