PPI Reclaiming Discussion part 4

amersall

bfern1985 wrote: »

Hi All
I used to have a cc with Egg which has now been taken over by barclaycard. Any idea which company Id write to in order to obtain my credit agreement? I am 99% sure I have paid PPI on my cc.

Thanks

Hi,it is Barclays,just to let you know,even if you get a copy of the agreement,it may not show ppi,this was sometimes put on when you activated the card.
You may be better doing a SAR,this will cost you £10.
https://forums.moneysavingexpert.com/discussion/1475553
If you have the card number and reasons for mis sell,then put a claim in.

http://www.moneysavingexpert.com/reclaim/ppi-credit-card-insurance#step2

monstermuncher

Thank you very much for your help.

The broker was Central Capital, I rang them last night and did the claim over the phone. He said they'd write to me in 7 days, and send a decision in 12 weeks.

From my googling they appear to be very difficult about it. I'm am 100% sure that my claim is valid, and almost as sure that they're going to obstruct me in every say :eek:

I've reclaimed bank charges before, and while I do feel they're horrendously priced, I know on some level that if I'd managed my money better I woudln't have got them. If I'd been rejected out of hand, I would have been disappointed but not furious. For this loan, I was specifically told it was essential to take out the PPI. I can't believe they did something so underhand (extortionate charges are one thing, but out and out lying is something else) and I'm so angry I want a decision in my favour ASAP, for the justice of it rather than just the money!

beamerguy

Why RBS boss deserves bonus

http://www.bbc.co.uk/news/business-16754973

YEH YEH YEH

PIGS WILL SOON BE FLYING AS WELL ?

gspo13

Hi everyone.

I have finally got round to looking into the PPI I believe was misold to me. 4 years ago i took out a finance agreement to buy a car with Arnold Clark who used GE Money as the lender. I had mentioned to him that i was desperate for a car and found one that i liked. I was told i would not be accepted for the loan unless i had the loan protected, so as i was desperate, i just said 'right ok, i guess i will have to take it.'

i think he knew i was desperate so played me the 'do or die' strategy.
Anyway, during that year i started using my intenet banking a bit more and noticed something i had not come accross before. A payment for £9 ish. i found out that it was a seperate protection payment. during the agreement Santandar sent me a letter saying that they now took over GE money.

So, my first question is do i have a case, and my second question is who should i write to? (arnold clark, GE money (if they have an address) or santandar). has anyone come across this before?

any advice would be great!

many thanks

gspo13

JK41

amersall wrote: »

A SAR is a data request for all info they hold on you.

If you were sure you paid no ppi in 05/011 then take the money and run,if they recalculate,they may take off what you did not pay!.

Thanks, but...

What i mean is between 2005-2011 there was a period, maybe 6 months maybe a year, when i paid no PPI as there was no balance on my C Card.
I only paid PPI when there was a balance on my card.
However between 1992-2005 there was a balance.
If they had looked at every year rather than just using 2005-2011 to work out an average for 1992-2011 then the amount i contributed might be more.
If i get a SAR will i be able to work iy out myself.

Sorry for so many questions.
Also how do i go about getting a SAR?

panda_eyes

Dear All
just to update you had a reply from Bob Diamond's dept they are no upholding complaint that MS mis -sold ppi they say its a postal application and it was signed that myhusband understood the ppi. he explained that he spoke with an MS advisor before posting the appl baack byt brclaycard says their decision is final and that they will not enter into any further communication...
we have sent to FOs i wondered has anyone else had this experience with postal application and what was the outcome..

thanks to you all

cindanooni

Hi,

I am very new to this, I wondered if it might be worth a chance?! If anyone can help, I would be grateful.

3 years ago, my partner took out finance for a car. At the time and since he was self emplyed and made the company aware of this. However recently (whilst i have been checking accounts) I have noticed a payment leaving monthly for just under 20.00pcm.

On investigation. this is a protection plan sold with the car finance.
But, the payment is seperate to "pinnacle insurance" it is not inclusive with the car loan.

The car loan was paid off 2 years ago. However this insurance policy has contuinued to run.

I believe he should not have been sold it as the conditions of self employment did not cover him anyway, also how can he have been paying insurance on a finance plan which ceased 2 years ago.

Do you think we have grounds to claim?

Thanks

Newgirl711

beamerguy wrote: »

Well we would expect Nationwide to say that, they don't want to pay you back.

DID their representative actually make certain that you were eligible for cover ? By making certain means he knew of your circumstances, ie, self employed, already covered by your company etc etc.
OR, did he just label it as "if you are unable to pay the loan, you are covered"
Were you given a 30 day cool off period (which has been in force for years)
If you accepted the insurance based on what you were told, have you carefully read the policy to see if you would have been covered as per the advice given by the representative.

Suggest you go back to Nationwide after you have investigated

I took this mortgage out 12 years ago, so can't remember all details but I am almost certain they didnt ask about if we had any other cover in force. I dont remember if they gave us a policy booklet which they said would have explained everything. It appears to be a case of my word against theirs....should I just accept their rejection since I dont have any evidence to prove the mis-sell?

beamerguy

Newgirl711 wrote: »

I took this mortgage out 12 years ago, so can't remember all details but I am almost certain they didnt ask about if we had any other cover in force. I dont remember if they gave us a policy booklet which they said would have explained everything. It appears to be a case of my word against theirs....should I just accept their rejection since I dont have any evidence to prove the mis-sell?

It does not follow that they did send you the policy so ASK for a copy and then see if it was applicable to you.

There is no word as rejection from these banks, put the pressure on if you were sold a PPI

hancoxrg

Well after 2 months HFC Bank have upheld my complaint and offered £3,500

Thats two down and two to go. Blackhorse next - not long now

First Response Finance is with solicitor as they are playign hard ball.

Total refunded £10,000