Helping the OH Claim ppi back

alyssa_liss

hiya i dont really know what im doing ,

ive started filling in the template letter however my first problem is 'is the credit agreement reference number the same as the account number ?' also i dont have the exact date the loan was took out does this matter or can it just a a month ie june 07

my OH took out 5,000 loan he was misold the ppi ( we think so anyway ) because he was told he needed it to be accepted for the loan

ive im reading the letter they sent him right i think he ended up paying £807.80 for the ppi

di3004

alyssa_liss wrote: »

hiya i dont really know what im doing ,

ive started filling in the template letter however my first problem is 'is the credit agreement reference number the same as the account number ?' also i dont have the exact date the loan was took out does this matter or can it just a a month ie june 07

my OH took out 5,000 loan he was misold the ppi ( we think so anyway ) because he was told he needed it to be accepted for the loan

ive im reading the letter they sent him right i think he ended up paying £807.80 for the ppi

Hello and welcome.;)

You will get there, not to worry.

I would write whatever numbers are shown on your agreement, just to cover this.

I would not worry about the exact date if you do not have this, the year will be okay to write.

And do not worry about writing out the amounts, even though its always handy to keep them by, so you can compare, if given an offer or so.;)

However, you may find a Subject access Request (SAR) handy to have, they have 40 days to comply and send everything they still hold on you.
It is up to you if you want to request for this, it may be useful.

There is a cost of £10 cheque or postal order for this request, and best as well to post by recorded delivery, for your proof of posting.

Thread link here to the SAR template.
http://forums.moneysavingexpert.com/showthread.html?t=1475553

Good luck.

alyssa_liss

Dear Sir or Madam,

Credit Agreement Reference Number: xxxxxxxxxxxxxxxxxxx

I purchased the above policy from you in xxxxxxxxxxx but now believe that I was mis-sold this policy for the following reason:

This is due to the fact that I was not given the correct information when the policy was sold to me, as your salesperson stated that taking out the policy was essential for me to get the associated credit even though I informed them that I already had alternative insurance cover

Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,


xxxxxxxxxxxxxxxx


so will it be ok to send this as the first letter or do i need to add anything else
i have the addresses on the top aswell btw

alyssa_liss

o and if i do need a SAR can i request it after i have started the process of claiming back
thank you

di3004

alyssa_liss wrote: »

Dear Sir or Madam,

Credit Agreement Reference Number: xxxxxxxxxxxxxxxxxxx

I purchased the above policy from you in xxxxxxxxxxx but now believe that I was mis-sold this policy for the following reason:

This is due to the fact that I was not given the correct information when the policy was sold to me, as your salesperson stated that taking out the policy was essential for me to get the associated credit even though I informed them that I already had alternative insurance cover

Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,


xxxxxxxxxxxxxxxx


so will it be ok to send this as the first letter or do i need to add anything else
i have the addresses on the top aswell btw

Great letter and remember to post it by recorded delivery as well, for your proof of posting.:T;)
Just as long as you feel you have covered all your reasons then its ready to go, did you also check on the checklist as well, just to make sure any of those reasons that may also occur to you (OH)?
If there is anything else, just add below your other reasons you have already wrote down.

http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

Wishing you luck and please keep us posted.

Di
You can request a SAR anytime, does not really matter when.;)

alyssa_liss

thanks for your help

i think im going to have to wait for the OH to finish work and talking him through all of this and see what else i can add to the letter

di3004

alyssa_liss wrote: »

thanks for your help

i think im going to have to wait for the OH to finish work and talking him through all of this and see what else i can add to the letter

Your welcome.;)

And for your OH to sign it as well. X

alyssa_liss

yes and that lol i mean before i print it out plus i need to buy some more paper as i only have yellow for some reason !

di3004

alyssa_liss wrote: »

yes and that lol i mean before i print it out plus i need to buy some more paper as i only have yellow for some reason !

lol, not to worry, you will get there.
Just remember as you know to save it to your computer.

Thanks for reminding me, I need more paper as well lol :T:T, cheers. Xx

alyssa_liss

well i added more reasons got my OH too sign it and posted it recorded delivery today .......we will see what happens .....

di3004

alyssa_liss wrote: »

well i added more reasons got my OH too sign it and posted it recorded delivery today .......we will see what happens .....

Good one......:T
Yes best to post by recorded/signed for, especially with the postal disputes right now as well, good luck hunni.;):beer: