PPI Reclaiming Discussion part 4

surreybloke_2

thanks Cappo
i will keep pushing and write to them again but did get another letter today from Barclaycard, all it contained was a copy of the current terms and conditions. Nothing on it (date) to show it was the terms and conditions I agreed to when I took the card out and definately nothing about any PPI.
will keep you all updated on what happens next.

LynK_3

amersall wrote: »

Hi there, did you send it to the address i gave previous?.
Try this one and put to customer services.
Santander UK PLC
PO Box 1125
BRADFORD
BD1 9PG

Or better still,ring and ask where you send it to.

08459 724 724

Thanks, that is the address I sent it to, have been told when I rang today to send it to Milton Keynes??

Also can anyone PLEASE help me regarding this.

I bought a computer following an ad in a Sunday magazine in Nov 2001 from Time Computers on a finance agreement from First National Bank. It was 48 payments of £42.42 per month. From memory the actual computer cost £899, the rest was insurance which i was told was compulsory, am quite sure it was PPI. Unfortuately a couple of months ago I was having a clear out and the agreement went into the bin. Looking at old bank statements I can see the DD going out each month.

My bank is now owned by a Danish bank and they are trying to source info on this but this is taking an etenity. I was told that First National Bank was now owned by Santander but after speaking to NINE different people in different depts this wouldn't seem to be the case. I did email them a complaint but have had no response.

The agreement was on my credit file and I disputed it with Equifax thinking they would send me details, unfortunately the entry was deleted ~(I am quite sure by Santander). So all I have is the dates, and the last 4 digits of the agreement.

I spoke to a helpful man at the FOS today to try and find out who I should be complaining to, but he is at a loss.

I have written to Time Computers on the remote possibility they would have some records but I am sure this is highly unlikely.
One of the folk at Santander thought it might be GE Money, so I have sent them a letter of complaint.

Anyone any suggestions as to how I find out who First National Bank was taken over by. I did speak to several people in different depts but they all seemed to think it was Santander.

I feel I am banging my head up against a brick wall, I do apologise for such a long winded post

di3004

wchild wrote: »

Di,

I got a letter through from Lloyds today, my PPI claim was settled in my favour and I also got interest for the money

Do you have any info on how much I should be expecting to have to pay in tax? Do I also just have to pay tax on the interest? I hope not on the refund of the premium as well as the excess balance and interest!

I can just see this being fun down the local tax office as my PPI claim covered 6 different loans with lloyds over a span of 10 years, so would any tax free savings allowance be taken into account over that time frame too? These were cascaded loans that paid off each other in 2001, 2002, 2003, 2004, 2005 & 2007. My offer given to me is just shy of £20k, £10k of that in premiums, the rest in interest and excess balance with interest.

Cheers,

S

Hiya

Well done on your success!:beer:

This issue confuses me to be honest in regards of the tax, I assumed any tax would have been sorted before the payout, or it depends on the full amount, think amersall posted something about this one before, it's similar to earnings income i think but I could be wrong.

Hopefully amersall or someone will know more of this and post up shortly.

Good luck and well done!:beer:

Niggly_2

di3004 wrote: »

Hiya

Well done on your success!:beer:

This issue confuses me to be honest in regards of the tax, I assumed any tax would have been sorted before the payout, or it depends on the full amount, think amersall posted something about this one before, it's similar to earnings income i think but I could be wrong.

Hopefully amersall or someone will know more of this and post up shortly.

Good luck and well done!:beer:

If the interest is paid gross then their is a tax liability. If you are working and earning over the personal tax threshold then tax will be paid at 20 % on the interest element only.If you pay higher rate or super tax then there is a further liability. The bank will declare the interest paid to the tax office who in turn will bill you for it at some point. You should complete it on next years tax return.

Me I would find out if the interest was paid gross first. If so stick a couple of grand away to pay the revenue.

N:beer:

IANC

LynK wrote: »

Thanks, that is the address I sent it to, have been told when I rang today to send it to Milton Keynes??

Also can anyone PLEASE help me regarding this.

I bought a computer following an ad in a Sunday magazine in Nov 2001 from Time Computers on a finance agreement from First National Bank. It was 48 payments of £42.42 per month. From memory the actual computer cost £899, the rest was insurance which i was told was compulsory, am quite sure it was PPI. Unfortuately a couple of months ago I was having a clear out and the agreement went into the bin. Looking at old bank statements I can see the DD going out each month.

My bank is now owned by a Danish bank and they are trying to source info on this but this is taking an etenity. I was told that First National Bank was now owned by Santander but after speaking to NINE different people in different depts this wouldn't seem to be the case. I did email them a complaint but have had no response.

The agreement was on my credit file and I disputed it with Equifax thinking they would send me details, unfortunately the entry was deleted ~(I am quite sure by Santander). So all I have is the dates, and the last 4 digits of the agreement.

I spoke to a helpful man at the FOS today to try and find out who I should be complaining to, but he is at a loss.

I have written to Time Computers on the remote possibility they would have some records but I am sure this is highly unlikely.
One of the folk at Santander thought it might be GE Money, so I have sent them a letter of complaint.

Anyone any suggestions as to how I find out who First National Bank was taken over by. I did speak to several people in different depts but they all seemed to think it was Santander.

I feel I am banging my head up against a brick wall, I do apologise for such a long winded post

First National Bank was owned by Abbey National originally.

It disposed of First National in 2003, which was taken over by (GE - General Electric), so most likely GE Money now :money:
http://www.bank.org.uk/abbey-national-bank/

Yes, as I thought. Now GE Money

http://www.gemoney.co.uk/en/about_ge_money/why_ge_money_about.html

GE Money in the UK

In the UK, GE Money Home Lending (GEMHL) is a leading financial services provider. In 2001 we acquired igroup and in 2003 we acquired First National. Both brands are now trading styles of GE Money Home Lending Limited. We sell our products via a nationwide network of intermediaries and have a strong track record in developing financial products that meet the needs of customers.


I'd send the complaint letter to GE money and see what happens.

http://www.gemoney.co.uk/en/utility/contact_complain.html

Resolutions Team, GE Money Home Lending, Building 4, Hatters Lane, Croxley Green Business Park, Watford, Hertfordshire WD18 8YF

My fee is in the post lol.

amersall

lisajaynec wrote: »

Hi
Can i ask do i put a covering letter into FLA or just put my reasons on back and i take it i need to put a copy of the santander rejection letter with it. Id this correct

Thanks
Lisa

You dont need a covering letter if all the info is on the letter you are sending,if there is more you want to add,then you can but the letter will suffice.

Yes,put a copy of the rejection in then they will see both sides.

If you need anymore help just ask xx.

IANC

Just checked and my deadline is the 24th August and not the 31st August :j

Patience is not one of my stronger qualities as you have probably guessed :rotfl:

mandy1cat

Hi I'm after some advice....
I received an offer on 18th August and sent acceptance straight off with a letter asking if payment could be sent ASAP as needed money to fund replacement boiler which is kaput. To date heard nothing. Can I demand that they repay via credit transfer?????
Any advice welcome as we've had no hot water for best part of three weeks now and can't keep asking neighbours for a shower....

amersall

mandy1cat wrote: »

Hi I'm after some advice....
I received an offer on 18th August and sent acceptance straight off with a letter asking if payment could be sent ASAP as needed money to fund replacement boiler which is kaput. To date heard nothing. Can I demand that they repay via credit transfer?????
Any advice welcome as we've had no hot water for best part of three weeks now and can't keep asking neighbours for a shower....

Worth a try,if you dont ask you dont get!!. Ask nicely though;)

donda

Hi everyone
Just wanted to know if any one has the correct address for consolidated financial ltd. congrats to everyone getting their money back, have won 3 of mine but no money yet. Is it right they only have until 31st Aug has mine have been ongoing since Oct 2010.