PPI Reclaiming Discussion part 4

cappo

Anna* wrote: »

Just a quick question, the FOS upheld my complaint against Egg Loans (they used excellent stalling tactics of over a year). Realistically how long should I give Egg before I start hassling them to get my money back?

hi anna give them 28 days

Anna*_2-2

Thank you Cappo

Placida

Just spending my Sunday morning completing questionnaire to complain about the mis sale of PPI to send to BOS tomorrow.:(

My OH found my copy of credit agreement (sent by courier) and when I looked at it I can’t think why I didn’t smell a rat then! I only applied to BOS because I was sent a leaflet offering favourable rates for teachers :mad:

It reads;
PART 2 CREDIT INSURANCE Step 2
You apply for the following insurance cover;
BOS Creditcare Bronze

If you have applied for credit insurance you confirm that you have been informed of and understand the eligibility criteria and you meet those criteria

PART 3 PARTICULARS OF LOAN Step 3
Advance A £16,200

BOS CREDITCARE BRONZE B £4971.78 !!!!!!!!!!!!!!!!!!!

C £

Amount of credit (A + B +C) D £21171.78

Total charge for credit E £ 4714.62

Total amount payable (D + E) F £25886.40

The total amount (F) is payable by consecutive monthly instalments ...as follows....followed by 60 monthly instalments of £431.44


You apply for the following additional insurance cover;
You agree to pay the premium of £ which will be added to and payable at the same time as the first instalment specified in part 3 of this schedule

Why is C left blank? should they have listed a monthly premium for the creditcare in PART 3 PARTICULARS OF LOAN
Does this look misleading? Will it help or hinder my case?
Any help in how to word my reason for this part of the mis sale would be so appreciated

Juice_Oz

Hi i am just about to start my claim and i am completing the questionnaire. I just wondered if you would recommend that i send a letter with any extra information on along with the questionnaire?

Thanks
Lucy

beamerguy

YouTube is a great site giving us a voice.

Here are some great clips to watch to chill your Sunday Afternoon

BeenScrewed.co.uk Complaint No. 1
http://www.youtube.com/watch?v=Ot0mHfETzAI

PPI Reclaiming : Martin Lewis
http://www.youtube.com/watch?v=Kybw5J5SqJ8&feature=related

Martin Lewis on BBC Watchdog
http://www.youtube.com/watch?v=2o1nhVZiuzg

MAKE THIS WEEK YOUR BEST WEEK

cappo

Juice_Oz wrote: »

Hi i am just about to start my claim and i am completing the questionnaire. I just wondered if you would recommend that i send a letter with any extra information on along with the questionnaire?

Thanks
Lucy

Hi juice and welcome to the forum, send as much info to back up your claim as you can, it certainly can't hurt.

PPItechexp

cappo wrote: »

Hi smc i've now won a misold against mbna and my mate has now won misale as well

every MBNA policy i have dealt with only offered a potential benefit of 3% .... the worst of the worst and when you take into account the fct that you would probably pay interest on the policy (if it was billed as a purchase) then the potential benefit can be ower then the minimum repayment...which is just awful. Give it a shot!

dilus

Placida wrote: »

Just spending my Sunday morning completing questionnaire to complain about the mis sale of PPI to send to BOS tomorrow.:(

My OH found my copy of credit agreement (sent by courier) and when I looked at it I can’t think why I didn’t smell a rat then! I only applied to BOS because I was sent a leaflet offering favourable rates for teachers :mad:

It reads;
PART 2 CREDIT INSURANCE Step 2
You apply for the following insurance cover;
BOS Creditcare Bronze

If you have applied for credit insurance you confirm that you have been informed of and understand the eligibility criteria and you meet those criteria

PART 3 PARTICULARS OF LOAN Step 3
Advance A £16,200

BOS CREDITCARE BRONZE B £4971.78 !!!!!!!!!!!!!!!!!!!

C £

Amount of credit (A + B +C) D £21171.78

Total charge for credit E £ 4714.62

Total amount payable (D + E) F £25886.40

The total amount (F) is payable by consecutive monthly instalments ...as follows....followed by 60 monthly instalments of £431.44


You apply for the following additional insurance cover;
You agree to pay the premium of £ which will be added to and payable at the same time as the first instalment specified in part 3 of this schedule

Why is C left blank? should they have listed a monthly premium for the creditcare in PART 3 PARTICULARS OF LOAN
Does this look misleading? Will it help or hinder my case?
Any help in how to word my reason for this part of the mis sale would be so appreciated

Identicle to my document Placida c was left blank!!! and further to that the figures after "you apply for the following additional insurance cover" were left blank!!!. I made sure that this was highlighted in my complaint as I felt they were doing everything they could to disguise the fact that you were paying anything :mad:
Also mention the fact that it was front loaded, this is frowned upon by the regulators

gratefull

SMC625 wrote: »

I done my dispute with R.B.S. a few years back using the info on this site. Worked out well for me!

Originally Posted by BethanyD
I used a CMC (twice)

One cost me 25% plus VAT (not a pleasant experience to have to pay them such a large amount)

The other did it for a fixed fee of £100 plus VAT which was far more palatable and they were more professional

The third time I did a diyppi as I thought it was easy.

Dealing with the banks was not easy but the letters produced by the software I used were excellent and I managed to beat the bank




I suggets you FOLLOW UP CAPPOS ADVICE AND TALK TO HMRC.......... you never know. PLEASE REPORT BACK
Happily i dont fall into this category having had some very useful advice off dilus. I do think you have a case so good luck

gratefull

cappo wrote: »

thats an interesting thought grateful one you'd have to discuss with the tax office i should imagine, i think it's unfair that hmrc are taking anything out of it in the first place, as beamer says it's profit for the government through fraud isn't it, it's a shame the governments not helped everyone by coming down on the banks and helping us for a change

Very well put.....I think this is a viable proposition though I'm no tax expert