PPI Reclaiming discussion Part III

maxdp

di3004 wrote: »

Hi folks

I'm back with my dizzy head......:D , I had taken 2 strong painkillers for my stupid headache, my house is quiet again for 5 minutes.....;) , so fingers crossed this headache will stay away.:D

Now I have to go through all of my lloyds SAR to dig out some info for the adjudicator, its bound to be here what he wants and then send by attachment, the date I have is until 12 November to provide what he request. (oh this is regarding my lloyds tsb credit card).

Marshallka did you understand my pm hun ? lol, think I have figured some of it out, now my head is clearing.

Glad you feeling better Di and head is cleared.:T

brettlloyd

Many thanks for the quick reply.Should I just state in the letter that I have been misold the policy because they have "front loading" a policy?

Brett

maxdp

davemchol wrote: »

hi have just contacted the halifax bank about a loan I had a few years ago. The PPI I had on it totalled £1617.34 . Will I be able to claim this back as it was paid off as part of my mortgage agreement. Do I have to prove it has been mis-sold cos at first they denied having any record of the loan but when I rang again with the loan details it was there.

Hi Do you feel it was mis sold. If so what reasons would you be able to give.

brettlloyd

Hi,

I just wasnt aware that I would just being the PPi off for the first couple of years.I have had loans in the past and this hasnt happened before.In the past the PPI has just been added monthly to the loan amount and so the original loan amount was getting eroded slowly over the period of the loan.

Brett

marshallka

brettlloyd wrote: »

Many thanks for the quick reply.Should I just state in the letter that I have been misold the policy because they have "front loading" a policy?

Brett

Take a look through the link I gave you and write as many reasons as you can use from there and also state that you were not aware that this policy was a front loaded single premium policy and therefore you would be charged interest on this for the full term of the loan.

brettlloyd

many thanks. i ll get downloading.
brett

di3004

marshallka wrote: »

Looks to read


Letter received from cardholder re policy booklet. PI not cancelled as this not required by cardholder..

When did you take this out Di??

Thanks hun
This was taken out in 2001 but I remembered why I rang them, then wrote to them after as I was confused, it was to ask if they can cover me because hubby was off work for a while, they said I was not eligible as explained in the policy booklet earlier sent.
No I did not cancel at that time because I did not think I was allowed to and this was not asked of me either, just like when I had taken this out in jan 2001 I thought it was an all in one agreement, I only cancelled after it was settled to ask them to stop sending me out further cards, but they did not oblige by this.
Settled Aug 2004.
Will be back soon, gonna have some food.;)

Tania69

I have a loan with MBNA and on the agreement it has:-
Cash Advance - £15,000.00
Insurance Advance - £0.00
Total Loan Amount - £15,000.00
Total credit charge for the loan - £2,531.24
Total amount payable for the loan - £17,531.24
APR - 6.5%

This loan ends September 09, but I am not sure if it includes a PPI. Can anyone tell me if I can claim.
Regards

davemchol

yes feel its been mis-sold but cannot remeber the phone call for the loan application as it was years ago.

dreamer33

Tania69 wrote: »

I have a loan with MBNA and on the agreement it has:-
Cash Advance - £15,000.00
Insurance Advance - £0.00
Total Loan Amount - £15,000.00
Total credit charge for the loan - £2,531.24
Total amount payable for the loan - £17,531.24
APR - 6.5%

This loan ends September 09, but I am not sure if it includes a PPI. Can anyone tell me if I can claim.
Regards

Its does not look like you have ppi on it. You can also check your statements ppi would show on them.