PPI Reclaiming Discussion part 4

masmit

im off now
catch up later

dreamer33

Incipience wrote: »

Ok.. Think about this Logically.

The Broker, Brokers the Loans.

1st Loan For the Debt Consolidation
2nd Loan For the PPI.

Yes.. a loan for the PPI.

Think about it, the first loan pays off your debts and the second loan pays off your PPI.

The loan for the PPI is for the purpose of paying the Insurer the premium up front.

Ok so the Broker, Brokers The Loans, allowing for the lender to pay out the capital to your debts and uses the other loan to take out the PPI..

Do you see where I am going with this?

When you look at the ppi being another loan its a scam apart from it being useless. They lend you the loan to pay off your debts, then they get you into further debt by adding on the ppi.

They also don't explain that this is the case with ppi being another loan. eeeeeee the cheek of these lendersl

scrumcious

Goodafternoon to everyone
I have today received letter from capital one to say they are not refunding ppi they sold me this over the phone apparently which i cant remember the limited version of the terms and conditions were explained over the phone, and they say the product is optional and this was made clear to me. I was given 30 days to cancel this policy free of charge but i did not do it.
Just wondering if i should go with second letter or will they stand there ground.
many thanks to you all.

di3004

scrumcious wrote: »

Goodafternoon to everyone
I have today received letter from capital one to say they are not refunding ppi they sold me this over the phone apparently which i cant remember the limited version of the terms and conditions were explained over the phone, and they say the product is optional and this was made clear to me. I was given 30 days to cancel this policy free of charge but i did not do it.
Just wondering if i should go with second letter or will they stand there ground.
many thanks to you all.

Hi there
If this was the first response write back to them - it seems you have received a standard fob off response here.

Tell them your not satisified with their response, and will appreciate it if they investigate this again, if and tell them if they do not uphold in your favour it will leave you no other option but to take this matter further, such as the FOS for example or the courts, that one is up to you hun, but don't leave it there if you strongly feel you have a case, good luck and please let us know how you get on.

Do you have any paperwork on this loan/PPI?

Incipience

Standard Fob-off letter. scumcious

hayjamdan

hi guys if ur offered ur premium back without the 8% stat pay can u demand they give it to u or its up to them

pinknico

Its up to them as its something a court would award or the FOS can add if requested. Ask them for it though, I have and got it.Goodluck

hayjamdan

pinknico wrote: »

Its up to them as its something a court would award or the FOS can add if requested. Ask them for it though, I have and got it.Goodluck

thank you will do

maxdp

marshallka wrote: »

PMSL:rotfl: :rotfl:

I have just set up myself actually.

Just waiting for MOJ number

Yeah but why does she not answer her phone though??

Probably cannot from the Caribbean

PMSL
God Help us All:eek:

Cause she does not want to talk to you

Probably has retired on her earning.:rotfl::rotfl:

Toffee_Penny

So THIS is where you lot been hiding?! I thought you'd all been banned! :rotfl:


Just wanted to ask one creditor replied to my SAR by sending me copies of loan agreements. I sent them a bit of a snotty letter stating I still want a full refund and they have until such time to reply to my SAR. Then I had a seperate letter a few days later asking me to contact them to arrange delivery for the sales call cd! (obviously the two letters have crossed in the post)

Can they do this? Surely it should have been in the same packet as the previous items or they should just send it by courier and if I am out then tough I'll have to arrange another delivery with the courier right?