PPI Reclaiming discussion Part III

marshallka

sparky0107 wrote: »

Hi marshallka,
I've added the paragraph about the single premiums adding interest to the loan and that I wasn't offered a cheaper alternative, do you mind taking a look and let me know if it reads OK.

Thanks

HFC Bank
PO Box 3607
Birmingham
B1 2XJ

Dear Sir or Madam,

Re: Account number: XXXXXXXX

I purchased the above policy from you on 16th April 2003 but now believe that I was mis-sold this policy for the following reasons:

· This is due to the fact that you have been fined by the FSA for failing to treat your customers fairly when selling Payment Protection Insurance and I do not believe that my policy was sold in my best interests.
· I have sickness absence cover from my employer which covers me for 2 years sickness pay
· I have death in service benefit from my employer which pays 2 years salary
· This loan was a single premium loan which charged interest to the total of the loan and I was not offered a cheaper alternative



Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,

sparky

Its just more bullets but as you already had something in place I doubt very much they could argue. Looks great

All the best sparky

marshallka

JaneH wrote: »

Hi Marshallka,
Thanks for your reply. Yes the Loan was sold by Lloyds in his local bank. We have already done one initial letter stating the he felt it was mis-sold based on verbally being told that he wouldn't get the loan without it. We addressed the letter to the main Lloyds Loan office in Peterlee but it was passed to Lloyds TSB Insurance in Wales. The reply he got said that he had no claim because firstly it was a single premium insurance policy and secondly he had "ticked the box" so had agreed to the loan. Well of course he ticked the box he wanted a loan so had no choice. The letter inferred they lloyds ALWAYS give customers the choice. Ha!! Not true. Does this letter count as the first one as it was addressed to the loan company rather than the insurance company or can we write another "first" letter to the Insurance company and start from scratch?

I had that reply too from my bank that they always give customers a choice. I would now reiterate your complaint in another letter as this is not a final response.

Why was this passed to the insurance company as if you are claiming misselling then its the actual company that sold the policy to you. This would be Lloyds as you rightly wrote to. I would take that date as your first date towards the 8 weeks for a final response. Perhaps send the letter to the insurance company with a copy of your original letter too. (send recorded delivery too so you have proof). Ask them for their final response in the matter.

Like you say, if your friend was in the forces then this is a job that is pretty safe I would say. There have been others on here in the same boat and I know a couple that have won too. Wishing you all the best and also let us know any follow ups..

di3004

Firework display was real good , I went a bit deaf afterwards for a little while....:o lol

marshallka

di3004 wrote: »

Firework display was real good , I went a bit deaf afterwards for a little while....:o lol

We are going one saturday... been watching through the window:D . I don't like them really... I am a kill joy where bonfire night is..:o

di3004

marshallka wrote: »

We are going one saturday... been watching through the window:D . I don't like them really... I am a kill joy where bonfire night is..:o

Well its far cheaper that way Marshallka......:D , and we all see the same.;)

Its the stench that makes me feel sick.....:o the smokey air.....:rolleyes:

marshallka

di3004 wrote: »

Well its far cheaper that way Marshallka......:D , and we all see the same.;)

Its the stench that makes me feel sick.....:o the smokey air.....:rolleyes:

Its not the stench that bothers me I like organised displays, its the watching my dogs frothing at the mouth when they hear them...(there is a stench then but not of smoke lol) ... my little one tries to bury himself in the carpet.. I don't mind organised displays but my argument is so many fireworks come into the country and are not british standard and then little shops open just for to sell these fireworks and they are not just pretty colours nowadays. They sound more like "bombs":eek: .I am a kill joy... like i say i don't mind the organised ones but I would ban the sales in shops to the general public. God listen to me...:o I need putting down don't I:eek:

dreamer33

marshallka wrote: »

Its not the stench that bothers me I like organised displays, its the watching my dogs frothing at the mouth when they hear them...(there is a stench then but not of smoke lol) ... my little one tries to bury himself in the carpet.. I don't mind organised displays but my argument is so many fireworks come into the country and are not british standard and then little shops open just for to sell these fireworks and they are not just pretty colours nowadays. They sound more like "bombs":eek: .I am a kill joy... like i say i don't mind the organised ones but I would ban the sales in shops to the general public. God listen to me...:o I need putting down don't I:eek:

Marshallka you are funny:rotfl: :rotfl:

dreamer33

marshallka wrote: »

Its not the stench that bothers me I like organised displays, its the watching my dogs frothing at the mouth when they hear them...(there is a stench then but not of smoke lol) ... my little one tries to bury himself in the carpet.. I don't mind organised displays but my argument is so many fireworks come into the country and are not british standard and then little shops open just for to sell these fireworks and they are not just pretty colours nowadays. They sound more like "bombs":eek: .I am a kill joy... like i say i don't mind the organised ones but I would ban the sales in shops to the general public. God listen to me...:o I need putting down don't I:eek:

Lost my dog black lab in july he hated fireworks used to hide in the cupboard under the stairs bless him. My puppy another black lab 5 mths old likes hoovers not scared of hair dryers, fireworks, juicer hes a little S**t, keeps pinching things off the bench even my chicken :eek:

di3004

marshallka wrote: »

Its not the stench that bothers me I like organised displays, its the watching my dogs frothing at the mouth when they hear them...(there is a stench then but not of smoke lol) ... my little one tries to bury himself in the carpet.. I don't mind organised displays but my argument is so many fireworks come into the country and are not british standard and then little shops open just for to sell these fireworks and they are not just pretty colours nowadays. They sound more like "bombs":eek: .I am a kill joy... like i say i don't mind the organised ones but I would ban the sales in shops to the general public. God listen to me...:o I need putting down don't I:eek:

And I agree with you.
You have to be soooo careful these days, like you said not all are british standard.
The display we seen tonight was an organised ones, these are arranged by these here:
http://www.pendragonfireworks.co.uk/home.html

We know them too, they are a great bunch and always do lots for charities.:D

Oh and my poor cat was hiding underneath my take a break mags under my bed lmao, bless our poor animals lol.

dreamer33

di3004 wrote: »

Firework display was real good , I went a bit deaf afterwards for a little while....:o lol

Cost us £5.50 me and two kids, it was well worth it started late but worth the wait, I kinda went deaf for a bit and blind, they did sound like bombs aswell:eek: it just started with that horrible drizzley rain at the end.