PPI Reclaiming Discussion part 4

millerman99

thanks beamerguy but what is sar im new to all this mate

[Deleted User]

millerman99 wrote: »

thanks beamerguy but what is sar im new to all this mate

Read through the article from the main site here:

http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

It explains in detail (with sample letters and copies of application forms) what to do at every stage of your PPI complaint.
Specifically;
"If you can't find your agreement or T&Cs, contact your lender to ask for a copy (make sure T&Cs date back to the time of your agreement as terms will change over time).It may not provide the agreement if your account is closed but you can then ask for a full breakdown of your whole account (this can cost £10)".

Read through the article first and then request that your lender provide a full breakdown of your whole account (this is SAR). There is an excellent template letter to be found in this thread:
https://forums.moneysavingexpert.com/discussion/1475553

beamerguy

Moneyineptitude wrote: »

Read through the article from the main site here:

http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

It explains in detail (with sample letters and copies of application forms) what to do at every stage of your PPI complaint.
Specifically;
"If you can't find your agreement or T&Cs, contact your lender to ask for a copy (make sure T&Cs date back to the time of your agreement as terms will change over time).It may not provide the agreement if your account is closed but you can then ask for a full breakdown of your whole account (this can cost £10)".

Read through the article first and then request that your lender provide a full breakdown of your whole account (this is SAR). There is an excellent template letter to be found in this thread:
https://forums.moneysavingexpert.com/discussion/1475553

Thanks Moneyineptitude you beat me to it

[Deleted User]

beamerguy wrote: »

Thanks Moneyineptitude you beat me to it

Thought I'd save all you veterans some work!!:)

beamerguy

Moneyineptitude wrote: »

Thought I'd save all you veterans some work!!:)

hey enough of the veterans, there is not one of us here who is below 90 yrs old, we have been fighting the banks for years, least that what it feels like :rotfl::rotfl::rotfl:

manama

Okay so one more question from me...well for my papa......he has a loan through ge money for windows taken out in 05 still running...found pinical ppi from 2005 but ended in 2010....however he turned 65 in 07 and had previous medical issues....which i believe were never disuccsed and anyhow the ppi is not covering him......i know i need the paperwork...but my ppi from pinical states up to 65 ....would you say this was a cleAr mis sell? Thanks

amersall

LAM2011 wrote: »

Thanks for your help. Should I put it in writing - do I threaten them that i will contact FOS or was that just for my info?

Yes, put it in writing and tell them if they do not provide the info you have requested you will send this to FOS.

amersall

manama wrote: »

Okay so one more question from me...well for my papa......he has a loan through ge money for windows taken out in 05 still running...found pinical ppi from 2005 but ended in 2010....however he turned 65 in 07 and had previous medical issues....which i believe were never disuccsed and anyhow the ppi is not covering him......i know i need the paperwork...but my ppi from pinical states up to 65 ....would you say this was a cleAr mis sell? Thanks

This is a good reason for mis sell, look here for others too that will help
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step2
Good luck.

amersall

Moneyineptitude wrote: »

Thought I'd save all you veterans some work!!:)

I am the youngest on here :p:p:p will not tell you the age of the rest of em ;););)

amersall

andrew25000 wrote: »

Hello to you all, Newbie here so please be kind. some advice if you nice people can,
I sent away to the Halifax about a loan i had with them it was for £20000 secured, I had taken it out in December 2003 and payed it off in Aug 2004.
It was for a 204 term
At £211.11 per month.
Any way my question is the i have had a letter from the Halifax saying as our final response,we are offering you a payment of £230.83.
This is a refund of premiums of £142.98 and intrest at 8% of £87.85 calculated up to the 21 march.
Am sorry i dont have how much i was paying in ppi each month, so can i ask all you nice people does this sound about right the refund i should be getting.Keep up all the good work we would get nowere with out people like your selfs.

You will only have paid 8 monthly ppi payments to this loan, that is what they have to give you plus the 8%.

You need to ring them and ask what the original ppi was and when you settled what was the refund they gave you for early settlement, as this was only 8 months it could have been a large amount of rebate of the ppi but you may still have paid some ppi back in the settlement figure.

Ask for this info to see if the calculations are right.