PPI Reclaiming Discussion part 4

kitten0102

when i took out my ppi on a store card i was recovering from a spinal operation which the store people were aware of as i was in a wheelchair - i am still in a wheelchair as the surgery failed and when i took out the store card - i was on inapacity benefit but the store people said i couldnt have the card if i didnt take out the ppi so i did - i was on morphine and not totally compus mentus as morphine has a drowsy unawarerness afect on the person taking the medication - i told the people in the store i was on medication - they saw me in a wheelchair do i have a case

di3004

Eggfree wrote: »

YOU ARE NOT GOING TO BELIEVE THIS!!!

I sent 1 letter a week back and today I have woke up, rubbed the sleepy dust out of my eyes and checked my bank account!!

EGG HAVE CREDITED MY BANK ACCOUNT:

£855.05
£150.61
£232.09

total £1237.75

ALL FROM 1 LETTER 1 WEEK A GO!!!!!!!!!!!!!

I am so shocked and happy it is unreal!!! Thank you to everyone on this site, if it wasn't for you I would have never wasted the 1st class stamp!!

Asbsolutely CLASS :T:j, Well done honey and Congratulations :beer:

di3004

kitten0102 wrote: »

i have written to the standard letters on martins tips regarding ppi and not getting any response - if the company hold an agreement with my details on but it is not signed by myself is it valid - any info would be of help -

they just keep sending me a blank copy agreement with my name and address on but no signature from myself can anybody help plse

Hi there
Have you actually wrote a letter to reclaim the PPI?
They have 8 weeks in full to respond, if you sent a letter to reclaim - when did you send this, and did you post by recorded delivery?

I am not sure on the agreement side of it, but my hubby has one credit card agreement with just where he signed but no-one else, but the account number is shown.
I think some agreements have changed over the years, this one of my hubbys was 2007, earlier agreements does show other sigs from the branch, but don't know if it actually means anything though to be honest.;)

di3004

kitten0102 wrote: »

when i took out my ppi on a store card i was recovering from a spinal operation which the store people were aware of as i was in a wheelchair - i am still in a wheelchair as the surgery failed and when i took out the store card - i was on inapacity benefit but the store people said i couldnt have the card if i didnt take out the ppi so i did - i was on morphine and not totally compus mentus as morphine has a drowsy unawarerness afect on the person taking the medication - i told the people in the store i was on medication - they saw me in a wheelchair do i have a case

Hi honey, yes I think you would definately have a case here, I bet they did not go through the exlusions with you did they?
I would go for it anyway if I were you.;)
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

Hope things are better for you now.:)

newbeginning_2

di3004 wrote: »

Hi there

I would check the policy details on this if you still have them, or ask for them to send you these through the post.
I assume you can cancel at any time, if you have started DMP, the PPI is now possibly worthless to you, so no harm in trying.;)

Thanks for that, I have found the original policy from this, the full amount of PPI was added on at the start of the loan. Does that mean I wouldn't be able to do anything about it?

thesomertontroll

Hello di3004 and the rest of the Forum. I received my package from my SAR request to Lloyds bank yesterday. It took me longer than i thought to get things sent off and the bank has replied in about the right amount of time. Wow loads of stuff to plough through. My initial reason for requesting the info was that i have had PPI on my credit card for as long as i can remember coupled with monthly minimum payments (The worst combination i now realise). I have copies of statements starting Feb 2004 to present day and a copy of the Mastercard application i made in 1998. This was an upgrade from a standard credit card to a Gold Account. I remember having the minimum monthly payment on my previous card and i also think PPI but not sure. The previous credit card was started in the late 1980's. I remember taking the minimum monthly amount route as i was in the Navy and didn't want to incur fees from late post trailing me whilst at sea.
From 1998 onwards i have at least twice taken a loan to pay off a maxed out credit card (2004 and 2007 and have evidence of the reason for taking the loans). I believe back in the late 1980's and again in 1998 (i was still in the Navy then) i would have agreed to the PPI and Monthly minimum payment for the reasons stated and therefore piece of mind whilst out of the country. Throughout the remainder of the time from 1998 to present day i have never been advised by the bank to not have either of these options. This is where i believe i have reason to pursue a claim.
Can you good people advise what my next steps should be? Kind regards,
Paul

di3004

newbeginning wrote: »

Thanks for that, I have found the original policy from this, the full amount of PPI was added on at the start of the loan. Does that mean I wouldn't be able to do anything about it?

Hi there

Lots on here in the same position as yourself are reclaiming on the PPI, the way I see it now its worthless and your not going to be able to make a claim on this with it being on the DMP, I would request they refund you as well, as well as cancel.;)

di3004

thesomertontroll wrote: »

Hello di3004 and the rest of the Forum. I received my package from my SAR request to Lloyds bank yesterday. It took me longer than i thought to get things sent off and the bank has replied in about the right amount of time. Wow loads of stuff to plough through. My initial reason for requesting the info was that i have had PPI on my credit card for as long as i can remember coupled with monthly minimum payments (The worst combination i now realise). I have copies of statements starting Feb 2004 to present day and a copy of the Mastercard application i made in 1998. This was an upgrade from a standard credit card to a Gold Account. I remember having the minimum monthly payment on my previous card and i also think PPI but not sure. The previous credit card was started in the late 1980's. I remember taking the minimum monthly amount route as i was in the Navy and didn't want to incur fees from late post trailing me whilst at sea.
From 1998 onwards i have at least twice taken a loan to pay off a maxed out credit card (2004 and 2007 and have evidence of the reason for taking the loans). I believe back in the late 1980's and again in 1998 (i was still in the Navy then) i would have agreed to the PPI and Monthly minimum payment for the reasons stated and therefore piece of mind whilst out of the country. Throughout the remainder of the time from 1998 to present day i have never been advised by the bank to not have either of these options. This is where i believe i have reason to pursue a claim.
Can you good people advise what my next steps should be? Kind regards,
Paul

Hi Paul, hope your well.

LOL, lots to get through on your SAR then ?

Right well in my opinion I would try to go for the reclaiming, you seem to have the reasons behind you, so just as long as you have the account numbers, then I would fire away with a reclaim letter.

If your going to make a ppi reclaim on credit card and loans, then I would write about all loan ppi on one letter with your reasons, if all the same reasons, or otherwise split them if different reasons.

And again on the credit card ppi, just remember to include the account numbers they correspond to.

They have 8 weeks in full to respond, so basically keep at them until they issue you with the outcome you want, or until they issue you with the final response, which should also include the details of the financial ombudsman service (FOS).

They may try fobbing you off with that you signed and why did you not deal with these earlier, but do not worry.
When you write to them, make them aware that its only now since you received your SAR that you realise you were also paying for PPI, and would not have been eligible to make a claim for sickness/unemployment etc, due to the fact you were in the Navy and so on.

And also check out for any other reasons that may apply to you on the guidelines of reclaiming below.
There are template letters to help you through, but use your own words if you want to, but use the templates as a guide.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

Post your letters by recorded delivery as well.

I have an address here to reclaim on the PPI.

Lloyds PPI
Customer Care
Lloyds TSB Insurance
Tredegar Park
Newport
South Wales
NP10 8SB

If you need to get in touch with them by phone or fax.......

Tel 0845 3005599
Fax 01633 468835

And email:

[EMAIL="customer.care.insurance@lloydstsb.co.uk"]customer.care.insurance@lloydstsb.co.uk[/EMAIL]

Hope this helps, but ask for further help if required, good luck and we look forward to hearing the outcome of this.;)

Di

Nemo58

Hi,
have just started a new thread on old claims for PPI (pre-2000).

HISTORY = FOS said Barclays had agreed to refund. However bank then sent following email this week to FOS :-
"Thank-you for forwarding the attached loan agreement. However, we would still need further details from Mr ***** before we can investigate this claim. As our computer records only go back as far as 1997, we have no ledgers or statements confirming that this loan was actually drawn down, or confirmation that the payments were made and maintained throughout the loan term. We would also require a loan account number from Mr *****. If Mr ***** can provide us with these details, we will be happy investigate this further"

This came as a shock and a slap in the face.
I had sent the original agreement document (Loan running from 1992 to 1997). Loan went into my Barclays Current Account (which I still have).
Sent copy of Standing Order Mandate which proves money went into account/what date and payment amount per month.
Sent copy of statement I found from April 1997 showing amount going out on date agreed which I feel proves the loan ran its course (which it did).
Barclay's now say cannot calcularte refund as they need proof no default on any payments over the 5 years plus proof no early repayment and subsequent refund of PPI. Oh yes they also then say records only go back to 1998 which contradicts first date they give of 1997. They are expecting a 'Loan Settlement' account document apparently. I don't believe there ever was one - and the statement I have has no 'Loan Account' reference number against the payment going out for B/Loan. This is also the case for the following 7 year loan in 1999.
FOS say I can escalate things - but this seems an impasse. Do I send a SAR or should they pay up? The Loan payment came straight from Current Account with Barclays and they would have taken their money monthly before anyone else (as we all know!).
HELP! Advice?

BLACKO

Dear Forum,
I took out a loan from the R.B.S. (Royal bank of scotland) in March 2007, There is Payment protection insurance attached to this loan. The P.P.I. amount is £65.04 per month.

I have made 38 monthly payments towards the loan and to this date april 2010 have payed £11,629.90 of this £2,471.52 was for P.P.I. There is still 22 months remaining on the loan before it ends.

Which means 22 monthly P.P.I payments of £65.04 = £1320.88, The total cost of the P.P.I. is £4,062.40 plus the intrest. Yes the P.P.I. is still attached to this loan.

When i took out the loan i was asked if i wanted insurance, i sayed yes but no questions were asked as it took awhile for the loan to be passed as there was a deduction from my bank account from sherriff officers and the bank had requests from the court to arrest my bank account (5 occassions), the loan was passed and i was let out of the bank as it had closed.

When i took out the loan i worked full time for the Local authority (Public sector worker) and still do, I tried to cancel the P.P.I. but could not as i had passed the deadline.

Spoke to the bank in winter of 2007 and was told that there was a fee to cancel it but she informed me that doing so would put the loan at risk as it was unsecured, got scared and never canceled it.

Because of ads in the paper and on the radio checked my loan out, spoke to a company in the city and gave the guy my name ect, when he asked who my employer was he clapped his hands and loudly said "STOP THERE YOU HAVE BEEN MISSOLD THE POLICY" Because i get sick pay and health benifits from my employer i can't claim against the ppi policy and i am on a full time contract with them your have job security and the bank knew you worked for the council.
The company said if i try and claim myself the bank will reject my claim, but with the companys help they can secure a win but the want a 25% fee for services.

Please help me what do i do and what can i do.

Please e-mail me at [EMAIL="black_iain@yahoo.co.uk"]black_iain@yahoo.co.uk[/EMAIL]

Thanks in advance