PPI Reclaiming Discussion part 4

di3004

gyspy_agate wrote: »

Can i make claim if loan was before 2004 uncertain if i can start claim

Hi there and yes you can, if you still have the account number that helps and of course your reasons for being mis sold, go for it, its only a matter of completing the reclaim questionnaire as on step 3 below.

Complete and send to whoever sold you the loan, to their main head office or complaints dept, allow 8 weeks for a decision and keep copies of everything as well, good luck.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step3

cappo

gyspy_agate wrote: »

Can i make claim if loan was before 2004 uncertain if i can start claim

As Di says yes you can if you have reasons for being missold go for it.:)

Chrisj40_2

Hi,

First post on this forum and looking for advice if I have any grounds for a claim.

I previously took out a loan for £36k with First National (who later changed to GE Money) in 2004. Not long after taking out the loan I noticed that I was paying PPI and complained that I didnt ask for it.

The company responded by sending me a copy of the signed agreement with the PPI box ticked, I never tick these boxes since I have a very secure job but thought at the time I didnt have a leg to stand on.

Around 2005 my ex wife and I started divorce proceedings and I contacted GE Money as they had told me that all the PPI money was reclaimable (less an pro-rata sums) if the loan was paid off early. I was told I would be entitled to around £5500.

The divorce took some time to complete (2 years) and when we finally got to settlement and I went to reclaim the monies owed, GE Money then stated that they would only repay 7% as it was outside the 36 month window, I argued that we were in the 36 month therefore I managed to get back around £1100 (20%).

I guess my question is, was this acceptable and do I have any grounds for a reclaim for additional funds?

Regards

Chrisj

LuBo_79

Hi All

Just a quick query.

My husband has an MBNA Credit Card which he has paid card protection insurance on - is this the same as PPI? If it is different can he still look at claiming as per PPI.

Thank you!

cappo

Chrisj40 wrote: »

Hi,

First post on this forum and looking for advice if I have any grounds for a claim.

I previously took out a loan for £36k with First National (who later changed to GE Money) in 2004. Not long after taking out the loan I noticed that I was paying PPI and complained that I didnt ask for it.

The company responded by sending me a copy of the signed agreement with the PPI box ticked, I never tick these boxes since I have a very secure job but thought at the time I didnt have a leg to stand on.

Around 2005 my ex wife and I started divorce proceedings and I contacted GE Money as they had told me that all the PPI money was reclaimable (less an pro-rata sums) if the loan was paid off early. I was told I would be entitled to around £5500.

The divorce took some time to complete (2 years) and when we finally got to settlement and I went to reclaim the monies owed, GE Money then stated that they would only repay 7% as it was outside the 36 month window, I argued that we were in the 36 month therefore I managed to get back around £1100 (20%).

I guess my question is, was this acceptable and do I have any grounds for a reclaim for additional funds?

Regards

Chrisj

Hi chris it just depends if you accepted this as a full and final settlement and ge money have the paperwork to prove that you did,it's a grey area as they did give you a refund of sorts, It sounds like nowhere near as much as you should have got,can you tell us a bit more about how you settled and we can all advise you a bit more

cappo

LuBo_79 wrote: »

Hi All

Just a quick query.

My husband has an MBNA Credit Card which he has paid card protection insurance on - is this the same as PPI? If it is different can he still look at claiming as per PPI.

Thank you!

Card protection insurance is ppi and yes if you have reasons for doing so you can put in a claim for missold ppi.

15pops

Can you tell me why a "FORM OF CONSENT" would be with an application for ppi

ThunderCat

cappo wrote: »

This was one of the unusually quick ones boycey, i first contacted them on 06.05.11 so quite quick,shame they arn't all like that,they just won't admit to me having ppi on my credit card.

So Lloyds TSB can get their rear ends in gear when it suits them then :rotfl:

Congratulations on your victory. I hope to have some good news by Xmas :santa2:

lauzflow

hey all , i made a complaint to barclays on the 26/04/2011 2 weeks later i got a letter asking me to fill a questionaire out , i sent it back and a couple of weeks later i got one saying they were looking in to it and i would get a reply by the 23rd june ! a bit eager i popped in to my local branch to see if there was any info on my complaint and the man said that any claim made before the 21/04/2011 was gonna get an offer by 21/08/2011 bit gutted has i was only 5 days off this do u think they will still take it into account ?? the advisor i spoke to wasent making much sense tbh and i dident have time to speak to any one else . has any body had any dealings wiv barcalys or any simlar experiances ? thanks in advance x x

cappo

ThunderCat wrote: »

So Lloyds TSB can get their rear ends in gear when it suits them then :rotfl:

Congratulations on your victory. I hope to have some good news by Xmas :santa2:

Cheers thundercat,good luck with yours.