Firstplus PPI (1st Letter)

kimpeck

I have taken peoples advice and decided to pursue claiming back the Firstplus PPI myself.

I am looking to send my first letter to Firstplus with reference to a loan (£47000 + £9387.03 PPI) taken in August 2005 which replaced a loan with them taken in 2003 (£26000 + £5100 PPI).

Firstly could someone explain if I understand this correctly ....

The PPI added to the loan was £9387.03 but the monthly PPI payments were intially £73.30. This over 60 months = £4380.

Secondly could someone take a look at my draft letter and advise of any changes / mistakes.

[FONT=Arial, sans-serif]

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[/FONT]


[FONT=Arial, sans-serif]I am writing in relation to the above payment protection (PPI) polices which I believe was miss-sold to me.[/FONT]


[FONT=Arial, sans-serif]I believe you have not treated me fairly for the following reasons;[/FONT]

• [FONT=Arial, sans-serif]I was not informed that my disability / back / shoulder / arm problems were excluded from the insurance.[/FONT]

• [FONT=Arial, sans-serif]I fully informed your staff about my RAF medical discharge and disability pension. However I was not warned / advised that due to my injuries I possibly would have not been eligible for cover due to existing medical conditions[/FONT]

• [FONT=Arial, sans-serif]I was not asked whether I already had any existing insurance or employer benefits that would cover my repayments.[/FONT]

[FONT=Arial, sans-serif]Unless you can prove that the policy was fair and reasonable and that I was treated fairly when I was sold the insurance, I demand a full refund of all premiums, and subsequent interest on these payments, that I have paid in relation to this policy. I also expect 8% interest to be added to each payment I have made as this is the statutory amount a court would pay.[/FONT]

[FONT=Arial, sans-serif]I look forward to your full and prompt response to this letter. If this matter is not settled within 42 days of the date of this letter I shall be contacting the Financial Ombudsman to investigate my complaint.[/FONT]


[FONT=Arial, sans-serif]Yours faithfully.[/FONT]

pinknico

That letter looks fine to me and I would send that off recorded delivery and let us know what they reply.

di3004

kimpeck wrote: »

I have taken peoples advice and decided to pursue claiming back the Firstplus PPI myself.

I am looking to send my first letter to Firstplus with reference to a loan (£47000 + £9387.03 PPI) taken in August 2005 which replaced a loan with them taken in 2003 (£26000 + £5100 PPI).

Firstly could someone explain if I understand this correctly ....

The PPI added to the loan was £9387.03 but the monthly PPI payments were intially £73.30. This over 60 months = £4380.

Secondly could someone take a look at my draft letter and advise of any changes / mistakes.

[FONT=Arial, sans-serif]

---

[/FONT]


[FONT=Arial, sans-serif]I am writing in relation to the above payment protection (PPI) polices which I believe was miss-sold to me.[/FONT]


[FONT=Arial, sans-serif]I believe you have not treated me fairly for the following reasons;[/FONT]

• [FONT=Arial, sans-serif]I was not informed that my disability / back / shoulder / arm problems were excluded from the insurance.[/FONT]

• [FONT=Arial, sans-serif]I fully informed your staff about my RAF medical discharge and disability pension. However I was not warned / advised that due to my injuries I possibly would have not been eligible for cover due to existing medical conditions[/FONT]

• [FONT=Arial, sans-serif]I was not asked whether I already had any existing insurance or employer benefits that would cover my repayments.[/FONT]

[FONT=Arial, sans-serif]Unless you can prove that the policy was fair and reasonable and that I was treated fairly when I was sold the insurance, I demand a full refund of all premiums, and subsequent interest on these payments, that I have paid in relation to this policy. I also expect 8% interest to be added to each payment I have made as this is the statutory amount a court would pay.[/FONT]

[FONT=Arial, sans-serif]I look forward to your full and prompt response to this letter. If this matter is not settled within 42 days of the date of this letter I shall be contacting the Financial Ombudsman to investigate my complaint.[/FONT]


[FONT=Arial, sans-serif]Yours faithfully.[/FONT]

Great letter well done :T and fingers crossed, please keep us posted on how you get on and just post up if any help is required.;)

Di