PPI - how much will it cost to get the statements

dreamer33

Wilton142 wrote: »

Thank you for the information i have the SAR leter now but i think i'm going to try the first letter and enclose a £1 cheque as i don't have any information (not even the account number) and try that.

Hi Wilton found this info:

In all cases, if you request a copy of your agreement and quote the relevant section of the Consumer Credit Act, the creditor must comply within 12 days. If no money is owing (and no money is to become owing) the creditor does not need to comply. They also need not comply if you have made a similar request in the previous month.

It may state the creditor need not comply, but think it is far cheaper for £1 to try this option first as you are only wanting to know if PPI was added.

If they don't comply with your request then you may well need to request the SAR for £10.

Good luck keep us updated

pinknico

di3004 wrote: »

I am hoping someone can confirm this as well, I am really not sure to be honest.
Hopefully someone could clarify this soon, fingers crossed, as it will be good to know.;)

If the creditor fails to comply with the prescribed period (12 days), then they may not take any enforcement action until they do comply. For agreements signed before 2006, if they fail to respond within a further calendar month, then they commit an offence (Note - not a criminal offence).

di3004

pinknico wrote: »

If the creditor fails to comply with the prescribed period (12 days), then they may not take any enforcement action until they do comply. For agreements signed before 2006, if they fail to respond within a further calendar month, then they commit an offence (Note - not a criminal offence).

Brilliant, thanks for confirming this Pinknico, this I was not absolutely certain of, thank you.;)

dreamer33

di3004 wrote: »

Brilliant, thanks for confirming this Pinknico, this I was not absolutely certain of, thank you.;)

Me neither but incipience posted that it is far better to request politley the copy agreement rather than wasting £10 on at SAR at first.

di3004

dreamer33 wrote: »

Me neither but incipience posted that it is far better to request politley the copy agreement rather than wasting £10 on at SAR at first.

Yes good idea, and take it from there.;)

I was disappointed with one of my SAR's from a loan taken out in 2003, not even 5 sheets of info, and all that for £10, yet my others, there were wad-fuls, so yes I agree.;)

dreamer33

di3004 wrote: »

Yes good idea, and take it from there.;)

I was disappointed with one of my SAR's from a loan taken out in 2003, not even 5 sheets of info, and all that for £10, yet my others, there were wad-fuls, so yes I agree.;)

That is terrible for £10:eek:

When I got mine from FF and FP they were huge lol:eek: however mine from MBNA was small compared:rotfl:

di3004

dreamer33 wrote: »

That is terrible for £10:eek:

When I got mine from FF and FP they were huge lol:eek: however mine from MBNA was small compared:rotfl:

Yeah it was hun........:eek: , I may as well have only paid just the £1 for the agreement, I have put all my SAR's away now, but from what I can remember all LV sent me was a copy of the agreement of where I could of as mentioned just paid a £1 for, the calculations which they should provide for free and I think that was that, so not even 5 sheets, they should have really send me the reminder of the money back, but did not think at the time.

All the other SAR's there is no end of documents which have taken me forever to get through them lol.