FOS- Decision upheld Sept 2009 - Still not settled.

stringman35

A quick quiry i hope you could give me a little advice.
I have been turned over with this loancheck situation, my offer is 4750 from paragon ive decided after over the last 2 1/2 years to settle this, believe it or not my solicitor have waived there fees, but the massive one is the £2,385 inc Vat on the first stage audit report, which i feel is alot of money concidering Loancheck didnt quote me on any of this when signed up
Does this sound right

di3004

stringman35 wrote: »

A quick quiry i hope you could give me a little advice.
I have been turned over with this loancheck situation, my offer is 4750 from paragon ive decided after over the last 2 1/2 years to settle this, believe it or not my solicitor have waived there fees, but the massive one is the £2,385 inc Vat on the first stage audit report, which i feel is alot of money concidering Loancheck didnt quote me on any of this when signed up
Does this sound right

Hi there

I am not certain on this but below somewhere is a loancheck thread and maybe it would also help if you checked on there and post this up on there if you want to, although I'm sure someone will see your post here and offer some help on this one for you, good luck.;)

misscutiepie1984

maxdp wrote: »

Just thought I would start this just to see how long people are waiting to get their upheld decisions through the FOS settled.

I have won that has been with them since Dec 2007 original decision made April 2008 partial settlement July 2008. From that point it went to the Ombudsman for a decision concerning successive loan settlements.

Anyway Decision was upheld 21 Sept 2009 to date this has not been settled by Barclays. This is coming up to 6 months.

Can anybody beat this:D

I am having the same problem FOS agreed in my favour. Myself and Barclays signed a contract and I was to be sent a cheque within 4 weeks its is now a further month and still no cheque and Barclays are not responding to FOS emails.

FOS said there is nothing that can be done except give them MORE time and then take it further...... so well done Barclays you know how to play the game called buy yourself some MORE time very well.

di3004

misscutiepie1984 wrote: »

I am having the same problem FOS agreed in my favour. Myself and Barclays signed a contract and I was to be sent a cheque within 4 weeks its is now a further month and still no cheque and Barclays are not responding to FOS emails.

FOS said there is nothing that can be done except give them MORE time and then take it further...... so well done Barclays you know how to play the game called buy yourself some MORE time very well.

My hubby also having this problem, his lloyds tsb credit card been with the FOS since 2008 and it was upheld and moved on to the ombudsman in 2009 because lloyds totally ignored the adjudicators decision, it was then upheld again by the ombudsman himself in Oct 2009, hubby signed the acceptance in Nov 2009 and the FOS have been since chasing, however I contacted the CEO of LLoyds on behalf of my hubby and after the FOS have been chasing and waiting for lloyds to contact them back, yesterday the FOS confirmed they are aware the CEO is now involved and LLoyds state the refund should be with hubby this comimg week - we shall see.

Blimey you have been waiting a long time as well then!

Good luck with yours.

maxdp

stringman35 wrote: »

A quick quiry i hope you could give me a little advice.
I have been turned over with this loancheck situation, my offer is 4750 from paragon ive decided after over the last 2 1/2 years to settle this, believe it or not my solicitor have waived there fees, but the massive one is the £2,385 inc Vat on the first stage audit report, which i feel is alot of money concidering Loancheck didnt quote me on any of this when signed up
Does this sound right

Stringman can you give more detail. Whay are you paying your solicitors fees when they have done nothing for you. Find the Loancheck/Watson thread and post more details up there. Why are you paying this to Loancheck for their Audit fees. This is totally wrong. If you have won through Loancheck Solicitors then why are you paying this. Please can you give us some more info.

maxdp

misscutiepie1984 wrote: »

I am having the same problem FOS agreed in my favour. Myself and Barclays signed a contract and I was to be sent a cheque within 4 weeks its is now a further month and still no cheque and Barclays are not responding to FOS emails.

FOS said there is nothing that can be done except give them MORE time and then take it further...... so well done Barclays you know how to play the game called buy yourself some MORE time very well.

Yes you are quite right they are playing the game. the only thing I would suggest is ring twice a week. Do you speak to Debbie when you ring?

misscutiepie1984

maxdp wrote: »

Yes you are quite right they are playing the game. the only thing I would suggest is ring twice a week. Do you speak to Debbie when you ring?

.

I long since gave up talking to Barclays they refused to meet me half way and knock off £400 for unfair interest charges despite me being in a DMP, now it has cost them much more they get charged £400 by the FOS because of my complaint have had to write off £700 debt and send ME a cheque for £450 whenever that will happen.

When I phone FOS I get put through to my case worker Richard Mathers.

misscutiepie1984

is anybody else having a similar problem

marshallka

Just found this for you maxdp in this FSA guide

3.12 A number of industry responses argued that the guidance appeared to require a
firm to assess all PPI sales ever made by it to the complainant. This would be an
unduly broad and onerous requirement and would take in sales of PPI on completely
different credit products that were not relevant to the sale complained of, and may
have taken place long before it.

Our response
The revised proposed guidance clarifies that our specific concern is where consumers
refinance their personal loans and with each refinancing firms sell, and potentially
mis-sell, a new single premium PPI policy – so that the consumer is soon bearing the
cost (within their loan) of two or more previous single premium policies. We now
make it clear that the seller should review the sales of all the policies it sold to the
customer in the course of this successive refinancing (only), and take all of them into
account, including their cumulative impact, when potentially redressing the consumer.
http://www.fsa.gov.uk/pubs/cp/cp10_06.pdf

misscutiepie1984

come on Barcalys does it REALLY take 2 months plus to write ME a cheque.... would I get away with this if I owed you money??