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

beaniebabe

busbyh wrote: »

Forgot to paste letter:mad::o
I have been reading, with interest one of your articles regarding PPI claims. The case was a couple where the initial PPI was £27000, over 25years which had it gone the full term would have cost in excess of £55,000 – almost half of the original loan.

I and about 600 others are in the process of claiming against Picture Financial Services PLC regarding PPI insurance. We were hoping that maybe you could write an article hi-lighting the problems we are having.

We are using the Martin Lewis Money Saving Expert site in order to gain as much information as possible. This comes under the forum – PICTURE FINANCIAL IN DEFAULT. If you would care to check it out and see the issues and problems we are going through, it would help your article.

If it wasn’t for this site, many of us would be in the dark as to any progress being made. Some have even contacted their MP’s for help.
As Picture have now been declared in ‘default ‘from 7th July 2009 the claims are being handled by FSCS/Deloitte. Target loan have now taken over the books from Picture , supposedly to sort out this mess!!

I myself have been trying to get this sorted since August 2008. For others it has been on-going for 20months or more.
We took out these loans to sort out our finances. In some cases they where consolidation loans and we have ended up being in more debt because of the mis sold the PPI. And the overall cost of it, which was never explained in any detail.

We are getting very little information from the FSCS and there are a several cases where they are under real threat of repossession, because of the delay in paying out the claims. This is taking its toll and some people are now at breaking point and they are in a desperate situation. By rushing through priority cases would mean the difference of having a home or not.

Thats fantastic Busbyh
Thanks for that. I will give people the chance to amend / add any bits and then I will send ot off to the sun..:D

di3004

busbyh wrote: »

Forgot to paste letter:mad::o
I have been reading, with interest one of your articles regarding PPI claims. The case was a couple where the initial PPI was £27000, over 25years which had it gone the full term would have cost in excess of £55,000 – almost half of the original loan.

I and about 600 others are in the process of claiming against Picture Financial Services PLC regarding PPI insurance. We were hoping that maybe you could write an article hi-lighting the problems we are having.

We are using the Martin Lewis Money Saving Expert site in order to gain as much information as possible. This comes under the forum – PICTURE FINANCIAL IN DEFAULT. If you would care to check it out and see the issues and problems we are going through, it would help your article.

If it wasn’t for this site, many of us would be in the dark as to any progress being made. Some have even contacted their MP’s for help.
As Picture have now been declared in ‘default ‘from 7th July 2009 the claims are being handled by FSCS/Deloitte. Target loan have now taken over the books from Picture , supposedly to sort out this mess!!

I myself have been trying to get this sorted since August 2008. For others it has been on-going for 20months or more.
We took out these loans to sort out our finances. In some cases they where consolidation loans and we have ended up being in more debt because of the mis sold the PPI. And the overall cost of it, which was never explained in any detail.

We are getting very little information from the FSCS and there are a several cases where they are under real threat of repossession, because of the delay in paying out the claims. This is taking its toll and some people are now at breaking point and they are in a desperate situation. By rushing through priority cases would mean the difference of having a home or not.

Wow , this is absolutely fab, well done you.
:T:T:T:T:T:T:T

marshallka

busbyh wrote: »

Forgot to paste letter:mad::o
I have been reading, with interest one of your articles regarding PPI claims. The case was a couple where the initial PPI was £27000, over 25years which had it gone the full term would have cost in excess of £55,000 – almost half of the original loan.

I and about 600 others are in the process of claiming against Picture Financial Services PLC regarding PPI insurance. We were hoping that maybe you could write an article hi-lighting the problems we are having.

We are using the Martin Lewis Money Saving Expert site in order to gain as much information as possible. This comes under the forum – PICTURE FINANCIAL IN DEFAULT. If you would care to check it out and see the issues and problems we are going through, it would help your article.

If it wasn’t for this site, many of us would be in the dark as to any progress being made. Some have even contacted their MP’s for help.
As Picture have now been declared in ‘default ‘from 7th July 2009 the claims are being handled by FSCS/Deloitte. Target loan have now taken over the books from Picture , supposedly to sort out this mess!!

I myself have been trying to get this sorted since August 2008. For others it has been on-going for 20months or more.
We took out these loans to sort out our finances. In some cases they where consolidation loans and we have ended up being in more debt because of the mis sold the PPI. And the overall cost of it, which was never explained in any detail.

We are getting very little information from the FSCS and there are a several cases where they are under real threat of repossession, because of the delay in paying out the claims. This is taking its toll and some people are now at breaking point and they are in a desperate situation. By rushing through priority cases would mean the difference of having a home or not.

Very well written and great punctuation too:T:T. Although punctuation does not matter on here I think where you are asking for help like this it does and this sounds fab. Very well done.

I really pray this gets you all the help you ALL deserve.

busbyh

I'm sure there will more to add and to delete to make it sound better.
Here goes:beer:

busbyh

Just aded an extra line at the bottom to close the letter off:beer:

We are now getting so desperate, any help from you would be most appreciated.

di3004

busbyh wrote: »

I'm sure there will more to add and to delete to make it sound better.
Here goes:beer:

This is fantastic and I agree with Marshallka as well, with the punctuation too, I will have to remember you hunni for my letters lol :T:T:TXXX

di3004

I forgot to say, we have a very clever lot on here don't we ??:T:T:T

di3004

After everything your all going through, all this hard work, you all deserve to get all your money back and more.;) Soon as well..........hopefully.

Twopart ltd - with them I am still waiting to hear when they will finally go into default, was told think it was July'ish maybe it was August that they were then in their final stages, I know I have a way to go yet, so keeping an eye on all your posts with great interest.:beer:
Mine not a great deal owed back to us but every penny will help X

pinknico

Brilliant letter busbyh.xx

Trying to work out how long it could take Target to print off 600 claims!

busbyh

di3004 wrote: »

After everything your all going through, all this hard work, you all deserve to get all your money back and more.;) Soon as well..........hopefully.

Twopart ltd - with them I am still waiting to hear when they will finally go into default, was told think it was July'ish maybe it was August that they were then in their final stages, I know I have a way to go yet, so keeping an eye on all your posts with great interest.:beer:
Mine not a great deal owed back to us but every penny will help X

Hopefully di, you will hear something soon. It doen't matter how little it is, it's your money and as you say every penny does count!
x