Companies in Default/FSCS Claims - Picture, London Scottish, Twopart

pinknico

What you need dialysis is the FSCS to get in touch with Picture on your behalf and tell them whats what!

busbyh

Doogle wrote: »

Well i cancelled ours after about 8 months i think...because i realised we had been conned!! we did fall behind too so the policy is worthless to me anyway?!

Im assuming if i am successful i would get back the orginal premium plus any contributions i had made until Picture were declared in default?! right or wrong...im even more confused now!? obviously only 90% after the first 2K ..

I would like to think everyone has been given bad advice...who in their right mind would take a policy if they knew all the pitfalls?!!

I am expecting the full PPI amount, the 32 payments made on it plus interest, also deloittes have said we will get back the PPi interest we have paid on the part of the new loan we took to pay picture back. As you say though it's the first £2000, plus 90% of the remainder

busbyh

pinknico wrote: »

what you need dialysis is the fscs to get in touch with picture on your behalf and tell them whats what!

totally agree pinknico

busbyh

dialysis, can you speak to you FA about this:beer:

Doogle_2

busbyh wrote: »

I am expecting the full PPI amount, the 32 payments made on it plus interest, also deloittes have said we will get back the PPi interest we have paid on the part of the new loan we took to pay picture back. As you say though it's the first £2000, plus 90% of the remainder

Ah i forgot about the interest...and thats 8% right?????? its all in the lap of the gods really isnt it?!! Oh well it mine be enough to keep Mrs Doogle in Gin till christmas i guess?!!?

I could kick myself for going with this company?!?! but i speak only for myself we wer desperate..and i think they exploit people in that situation

dialysis

Thanks Pinknico Busbyh I will contact my FA and see what he says. I would pay that towards arrears ayway its just the principle of it not our choice, how do you all feel about it? it was pathetic what Picture said about the FSCS not knowing what they are doing with regards to single premium insurance, the policy itself being a good one and without it we would have no cover. I just said is that why they are now bannned and not worth the paper it was written on. He was defo trying to justify the selling of the policy. I will contact the fscs again speak to hubby when he gets home, I have a feeling he wont be too happy. I think for us being in so many arrears this going to them will help but if it is right that even if you dont have arrears you wont get it back it will go to the loan.:mad: Oh and get the bit picture would like you to pay all the compo back to them, i bet they would

dialysis

Doogle wrote: »

Ah i forgot about the interest...and thats 8% right?????? its all in the lap of the gods really isnt it?!! Oh well it mine be enough to keep Mrs Doogle in Gin till christmas i guess?!!?

I could kick myself for going with this company?!?! but i speak only for myself we wer desperate..and i think they exploit people in that situation

Oh gin :j:jonly till christmas doogle :rotfl::rotfl::rotfl:i think we all feel like that doogle its called being vulnerable and exploited:mad:

busbyh

Doogle wrote: »

Ah i forgot about the interest...and thats 8% right?????? its all in the lap of the gods really isnt it?!! Oh well it mine be enough to keep Mrs Doogle in Gin till christmas i guess?!!?

I could kick myself for going with this company?!?! but i speak only for myself we wer desperate..and i think they exploit people in that situation

That's what they are good at Doogle - EXPLOTATION.
Re the interest not sure if we get back the 8%. Iwas thinking about the interest I had paid on the PPI for 32 months

Mrs Doogle will have lots of GIN then, hopefully, for many christmas's to come.:D:D:D

We could all kick ourselves. This is my daughter's and son in laws claim, it nearly destroyed them. But as you say, in desperation you will do anything. I'm sure we have all learned a valuable lesson here, and will never be taken in again;);)

Doogle_2

Well Ladies,

I am off for another day, its nice to share our stories, fingers crossed for everyone tomorrow..hope the postman ( if hes working !! ) will bring us some good news..

Have a great night people.....have a couple for me.....

xx

busbyh

dialysis, I have gone through the T&Cs again and there is NO part of it which states you have to pay your rebate back to PICTURE.

The only monies you have to pay back off you loan is that claimed against Redundancy and Hospitalisation. These payments are automatically paid off the loan, as we would expect.

Please be careful and do not let them CON you on this one, until you have checked everything out, though i'm sure you will be careful. I just would not put anything past them.