PPI Reclaiming discussion Part III

catwoman150

di3004 wrote: »

Damn, just a thought was going to suggest you request for a SAR, which is known as a subject access request, they have to provide every information they have on you, but unfortunately they only generally go back as far as 6 years in supplying the info, mind you if you cancelled within the last 6 yrs then the info should be amongst the paperwork they must supply you with.
This way at least it will prove you did have PPI.

Now hun can your remember what year you cancelled the PPI?, if its 2002 and after it should be okay then where the PPI info will and should be amongst the request.;)

2007 or 2008 I cancelled my ppi

di3004

maxdp wrote: »

Hi Di

Am I right in saying it can also be 6 years before you find out that you have been miss sold

Hi Max.
Now SAR info wise is 6 yrs in order for them to provide the info, yet some may be lucky beyond that which they may keep on microfiche.

I think your right here Max.;) regarding the PPI mis selling.

di3004

catwoman150 wrote: »

2007 or 2008 I cancelled my ppi

Brilliant, okay hun this may well be worth paying a tenner for then, you £10 by cheque or postal order payment, as Max says they have 40 days to comply to this request, here is the SAR here: Post by recorded delivery for your proof.
This should also come back with PPI details on then about cancellation - great......:T , this will prove this was sold to you. Hope this help hun.



Your address

Their Address

Date

DATA PROTECTION ACT 1998
SUBJECT ACCESS REQUEST


Dear Sir/Madam
Your name: xxxxxx
Account No/ No’s



I understand that you currently hold details of my personal and financial information within your internal record systems with regard to personal loan accounts And or credit cards

Please supply me with a complete list of transaction and charges relating to my history with your organization, INCLUDING Loans and or credit cards, payment protection insurance and other products. Alternatively a complete set of statements for the accounts or associated accounts is acceptable. I would be grateful if you would provide the following for ALL accounts or associated accounts I have held with your organization:
-Full copies of all contracts which you believe exist or have existed between myself and your organization, including true copies of any documents you hold in support of the same.

- A complete list of all transactions or statements relating to ALL of my Loan Accounts and or credit card with your organization.

-Copies of all documents which include any of my personal information including copies of any contacts or invoices, emails or computer records containing my personal information, or any records which pertain to this information.

-Full copies or transcripts of any correspondence in postal, email or any other format which you have entered into with any individual, organization or third party which contains my personal or financial, or which pertains to me.

- Where any previous information or records held have been deleted or disposed of, the methods used to do so, including dates, certificates or references confirming details of destruction. Where you are unable to provide such certificates, please provide a declaration, signed by an authorised officer of your company, confirming the dates and methods of destruction of this data.

-Full hard copy print outs of my personal or financial information, held in a digital, magnetic or any other format which is held in any archives, backups or other storage devices / locations.

I enclose a cheque in the sum of £10 to cover your fee.

IF YOU UNABLE TO DEAL WITH THIS REQUEST, YOU SHOULD IMMEDIATELY FORWARD IT TO THE PERSON WITHIN YOUR ORGANISATION RESPONSIBLE FOR DATA PROTECTION.

I look forward to hearing from you in the first instance of receipt.

Yours faithfully


Your name

di3004

Back soon folks and the SAR is posted above if needed.:D

Di
x

Neptune76

maxdp wrote: »

Neptune

It is the company who sold you the insurance that are liable. Quite often these companies are also getting commission from the companies that sell the PPI so get huge commission . Hmmmmm wonder why they sell the insurance. They are at fault challenge the PPI claim it back.:D

OK, so I need to claim from the company that sold the loan to me even though the loan was with GE Money and the repayments went directly to them?

maxdp

Neptune76 wrote: »

OK, so I need to claim from the company that sold the loan to me even though the loan was with GE Money and the repayments went directly to them?

Hi There it is who sold the PPI Loan Insurance to you. They are the people you need to claim from. They are the ones who sold you the insurance to say that you met the criteria and had the expertise to sell you that insurance.:eek:And also go A huge commission to sell it to you.

maxdp

Night All will catch am;)

Neptune76

maxdp wrote: »

You have a classic case. Claim it back. They should explain the insurance to you and inform you that you have alternatives. eg look for others to sell this PPI which is cheaper if you go for stand alone Policies. The policy you had were probably front loaded which is not PC nowadays.. Look at the letter above or on the page before Di posted one I posted another and make it relevant for you. Send it registered and let usknow how you get on. They have 40 days to respond to the SAR . Send by registered post so you know when it has been received. Let us know what they say and we can then guide you further.:D

Hi, Thanks for your reply. When you say front loaded what do you mean? I still have the loan agreement! Basically there is a separate box for credit protection insurance with my name in it and the box ticked. None of this was written by me. All i did is sign.

Neptune76

di3004 wrote: »

Steve, have you the address details for the company who sold you the car hun?
I was wondering - they will have a finance department, where they arrange the finance for you.
If you let us know the name maybe one of us can track down the finance head office of that car firm.;)

Need to pop off for a short while but will be back okay hun.:D

We will get this sorted out.;)

Hi, Thanks for helping. Well on my agreement the supplier name is 1st Auto Direct Ltd somewhere in boston!

di3004

Neptune76 wrote: »

Hi, Thanks for your reply. When you say front loaded what do you mean? I still have the loan agreement! Basically there is a separate box for credit protection insurance with my name in it and the box ticked. None of this was written by me. All i did is sign.

Hi Neptune

Basically these finance companies tend to add the PPI all in with the finance, so its an all in one loan sort of thing, its so wrong, where there is interested added too, it works out so extortionate, have you read on the "Reclaim £1,000's"? in the red box on top of the page, there is PPI info on there, this may explain the product a little more.;)

I feel if this went to the Financial Ombudsman this will go in your favour anyway.
The main of reclaimers here have had this problem where this has been ticked for them and they have still been successful.;)