PPI Reclaiming Discussion part 4

goaliesmum

tiggrae wrote: »

no you're saying the ppi was mis sold therefore you didn't want it or need it

Thanks, Definitely missold, hubby was cold called by his bank for this loan to consolidate debts, when he got paperwork through he queried the agreement slip for PPI as it wasn't discussed during the loan arrangement, and was told he would not get the loan without and it would have to be reworked at a different rate if he changed it, without explaining that PPI was adding a further £6k of debt

paying_to_much

di3004 wrote: »

Hi there

di3004 wrote: »

Wishing you luck with this.

Do not worry if you did not put this into one letter, it does not actually make any difference, as they do tend to split them anyway.

Hopefully someone will be along to take a look at this for you.

And your entitled to ask them to post you a full detailed written breakdown on each one as well.
Good luck.;)

If you want to request a SAR there is a template letter here for this here, which may be useful to you, you enclose £10 postal order or cheque payment for this and they have 40 days max to send this to you.
Post by recorded delivery to the address below.

LLOYDS TSB BANK PLC
DSAR TEAM
CUSTOMER SERVICES
RECOVERY TEAM
CHARLTON PLACE C57
ANDOVER
HAMPSHIRE
SP10 1RE

Hi DI3004

Thank you for your help SAR now on its way to LTSB and will be talking to them today, its very helpfull to be a member of such a great forum.

di3004

paying_to_much wrote: »

Hi DI3004

Thank you for your help SAR now on its way to LTSB and will be talking to them today, its very helpfull to be a member of such a great forum.

Hi there........your very welcome...:D.
Yes its a great forum.

Please keep us posted on this, that would be cool, cheers and good luck.:beer:

paying_to_much

tiggrae wrote: »

if they've upheld your complaint for the first loan - it's likely they'll do the same for the 2nd and 3rd - the mis selling will have been on the original loan then the PPI would carry forward onto the other loans - I'd write back to the claims handler who's upheld your first complaint with copies of the other two letters you've sent and point this out to them.

hi tiggrae,

Thank you for your advice will be sending copies and also phone LTSB tomorrow and as I have just replied to DI3004 what a great forum.
Just realised that in my reply to DI3004 I said that I would phone LTSB today I do not think that my call would be answered at this time of night

mollymoo96

hi marshkilla

thanks for your reply do you think anything will come of this then. Or is it not worth sending to the fos

tiggrae

mollymoo96 wrote: »

hi marshkilla

thanks for your reply do you think anything will come of this then. Or is it not worth sending to the fos

when did you take out the loan ?

mollymoo96

I took it out in 2003 and settled in 2005

tiggrae

mollymoo96 wrote: »

I took it out in 2003 and settled in 2005

I'm not sure the FOS would be able to look at is as it's probable they didn't come under their jurisdiction in 2003, but you could put your complaint to them and ask - I'm trying to see if Capital One Home Owners Loans is a part of Capital One bank plc - does any correspondence you've received back have the Capital One logo on - because if it is they did come under the FOS in 2003 !!

The other thing you can do is claim an unfair rebate against the PPI policy underwriters as it's likely they did come under their jurisdication - do you have any of the policy documenation still ?

marshallka

tiggrae wrote: »

I'm not sure the FOS would be able to look at is as it's probable they didn't come under their jurisdiction in 2003, but you could put your complaint to them and ask - I'm trying to see if Capital One Home Owners Loans is a part of Capital One bank plc - does any correspondence you've received back have the Capital One logo on - because if it is they did come under the FOS in 2003 !!

The other thing you can do is claim an unfair rebate against the PPI policy underwriters as it's likely they did come under their jurisdication - do you have any of the policy documenation still ?

If fos wrote on behalf of Mollymoo then perhaps they are thinking of taking the insurer for misselling. I know that FOS are accepting complaints against insurers for misselling and its a lot more to come back than these rebate complaints. Do you think that perhaps mollymoo would be better going this way?

tiggrae

marshallka wrote: »

If fos wrote on behalf of Mollymoo then perhaps they are thinking of taking the insurer for misselling. I know that FOS are accepting complaints against insurers for misselling and its a lot more to come back than these rebate complaints. Do you think that perhaps mollymoo would be better going this way?

if it's capital one bank then definately go against them for the mis selling, but you know my views I think a two pronged approach (ie mis selling & unfair rebate) gives at least 50% higher chance of getting at least some money back if you've settled earlier