PPI Reclaiming discussion Part III

booi666

Hi

Im quite sure making them void/unenforceable is just down to technicalities within the contract and it would have to be something major for it not to stick!!!!!

Can i ask is it a loan or credit card?

If loan secured or unsecured?

marshallka

booi666 wrote: »

Hi

Im quite sure making them void/unenforceable is just down to technicalities within the contract and it would have to be something major for it not to stick!!!!!

Can i ask is it a loan or credit card?

If loan secured or unsecured?

It was a secured loan and its paid up now in 2003. I know that Petermb says there is flaws in the agreement that would make this viodable. I have not gone down that route yet but if the FOS do not help with this unfair rebate then there is a fair chance I will do. It was also regulated too.;)

booi666

AH i SEE (Said the blind man to the deaf woman)

If its settled then i cant really help with the info i hold on unsecured loans and credit cards;)

marshallka

Boo, we borrowed £17K and the PPI was added as £4163 totalling £21163, we then repaid them £11K and then settled with another £20500. The loan of £17K cost is in the end over 39 months £31500.:eek:

booi666

What im sure i know is that it is down to technicalities within the contract that make them unenforceable especially pre 2007

though post 2007 the courts can now decide whether to enforce them or not:mad:

booi666

marshallka wrote: »

Boo, we borrowed £17K and the PPI was added as £4163 totalling £21163, we then repaid them £11K and then settled with another £20500. The loan of £17K cost is in the end over 39 months £31500.:eek:

Its a sham:mad:

Robbing ba----ds:eek:

di3004

marshallka wrote: »

I just hope the FOS are as they could help in getting something back. I really need this again now... co-op money was to ease the pressure but over the next few months we will be back the square one.

I know, there are things to get paid as soon as the money comes in, its in one hand and out of the other, I do hope this time they deal with it out of the way for you hun.;)
This one has been a right battle for you, and either way you take it, I don't blame you, afterall like what Peter has said there are flaws in the agreement, and its another direction for you here.

marshallka

booi666 wrote: »

Its a sham:mad:

Robbing ba----ds:eek:

Exactly, that is why I will go down any route now that is available. I have being fighting near on 12 months now and got to an adjudicator twice with the complaint after waiting and twice had it thrown back as outside of jurisdiction (although it passed the other stages and actually got before an adjudicator!! ). I have had my hopes up twice and then this time they sent it to a manager at the FOS who told me to that they would write to the insurer on my behalf being Lloyds (which they have!) and Lloyds are looking into it now. I am waiting for their final and then apparently FOS say they CAN look into it as its under COMPULSORY jurisdiction.;)

booi666

Hi di,


How many are you still fighting?:p

di3004

Post been nothing exciting.

Hubby has not heard anything about his lloyds ones at all, the last time he heard I think it was September to tell him it was still waiting to be passed on to an adjudicator, obviously due to the high volumes of these complaints .
My one (lloyds) was being passed on to the ombudsman, someone has said its normally 6 weeks waiting to be passed on from the adjudicator to the actual ombudsman, again I know this will depend on how they are progressing with others as well.