PPI Reclaiming discussion Part III

marshallka

Ethal wrote: »

I took out PPI on my credit card in 2001 - I was empoyed at the time. in 2002 i gave up my job to be at home with my children but have been paying it ever since. Am i entitled to any money back in this situation?

It more than most likely would say on your policy terms and conditions that any change of circumstances would need to be reported to them. Did you tell them of this?

boo34

thank you di&showgirl, the bank said in the letter they have sent out today it shows all 3 loans and how they came about the amounts.we took out a loan to pay another think we were rebated.the loan we have runnig now is since jan2008.its £12.924.00. then with the intrest at 11.2% and ppi. its a total of £16.729.80p. i shall see what the letter says and let you know and thaks again
:embarasse

marshallka

di3004 wrote: »

Hi there

This will depend if you believe you were mis sold the PPI or not hun and if this would not have covered you etc, but check this link out here which you may find useful, as there are many reasons to take into account, and there is also a reclaim template on the link, they have 8 weeks to respond in full, another letter maybe required if not successful first time round, post by recorded delivery:
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

Keep us posted hun, if you feel you have a case here then go for it, good luck.;)

Di
X

I don't think any insurance would of covered the poster for being at home. Its classed as unemployed but if that is the reason for the wanting the money back then I would say this is going to be a "no" cause most polices state that you have to inform them of change of circumstances and at the time of the loan the poster was working.

marshallka

showergirl wrote: »

Marshallka
I thought you were doing your ironing lol:rotfl:
You are as addicted to this site as I am

OHHHHH, sod the ironing for now. I have quickly hoovered and tea is prepared and then I have to iron again tomorrow anyway cause of school uniforms....

pinknico

showergirl wrote: »

No. All it has on the agreement is
Details of your loan
Purpose and amount Main Loan and then Insurance Loan
There is no box to tick whether you want this or not, it is just there in the agreement that is why I was under the impression you had to take it as it is included in the agreement.
I have asked Tesco if they have a copy of the telephone call. And they have said no all they have based their decision on is the credit agreement and the policy booklet. So basically I signed for it so tough, it was up to me to cancel within 30 days if I was not happy. Surely this cannot be right but I will just have to wait for the ombudsman to make his decision.
Thanks for your help and support

I cant see you NOT winning this, thats ridiculous. You have to opt in to PPI not opt out. Just because you signed does not make them right. I signed my loan agreement for BOS and they paid out.

showergirl

pinknico wrote: »

I cant see you NOT winning this, thats ridiculous. You have to opt in to PPI not opt out. Just because you signed does not make them right. I signed my loan agreement for BOS and they paid out.

There is no box to tick as to whether I wanted this or not.
Do you think I have a good case for the ombudsman.

showergirl

Marshallka
Have pm'd you

di3004

Folks I have to sign off for a while now, Showergirl, I think you have a chance with the FOS hun.
Fingers crossed anyway, keep at them.;)

Catch you later folks.

Di
XX

pinknico

Tribby wrote: »

Hi Yes, UK Loans Group, 145 Whiteladies Road, Bristol BS8 2QB
Have you had any dealings with them?

According to companies house these are Dissolved. What year was this?

pinknico

showergirl wrote: »

There is no box to tick as to whether I wanted this or not.
Do you think I have a good case for the ombudsman.

I think so but I have not seen how the FOS deal with this.
I know with Egg if online the box was already ticked thats a no no. But if you clicked the box they find in favour of Egg mainly.