We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Old BoS Loan
vindicated
Posts: 112 Forumite
Hi Guys,
I had a loan for over 25K with BoS and I'm almost certain it had PPI included which I didnt ask for (was sufficiently covered by my employer so didnt need it)
Problem is, I dont have any paperwork...and it appears the bank cant locate a copy of my agreement or any other paperwork - They do have the sort code and account number for the loan but thats about all they can find due to the fact Lloyds took over them and im assuming no documents were moved over since the takeover. (not sure but just assuming as they are having trouble finding the loan agreement etc)
Question is...Will they make a payment based on the loan figure without having the documents?
Ive explained that i have moved address a few times and no longer have the paper work but they said they will look into it and get back to me.
Any ideas what will happen?
Cheers
I had a loan for over 25K with BoS and I'm almost certain it had PPI included which I didnt ask for (was sufficiently covered by my employer so didnt need it)
Problem is, I dont have any paperwork...and it appears the bank cant locate a copy of my agreement or any other paperwork - They do have the sort code and account number for the loan but thats about all they can find due to the fact Lloyds took over them and im assuming no documents were moved over since the takeover. (not sure but just assuming as they are having trouble finding the loan agreement etc)
Question is...Will they make a payment based on the loan figure without having the documents?
Ive explained that i have moved address a few times and no longer have the paper work but they said they will look into it and get back to me.
Any ideas what will happen?
Cheers
Any input I provide is purely my own interpretation and is in no way 100% accurate, I will try to help as best I can in all cases.
If you feel one of my posts have helped you in any way please click the "Thanks" button
If you feel one of my posts have helped you in any way please click the "Thanks" button
0
Comments
-
For BOS I found the loan number from my Internet bank, as statements went back around 8 years on there shwoing my payments in the early noughties. That's all I sent to them and I got an offer.0
-
FeelStupid wrote: »For BOS I found the loan number from my Internet bank, as statements went back around 8 years on there shwoing my payments in the early noughties. That's all I sent to them and I got an offer.
Yes, I did exactly the same. Found a reference number on an internet banking statement and submitted a complaint quoting just this reference number. I received a full refund on this loan, as well as a previous loan that this was attached to.0 -
Thanks for the replies hope the account details are enough - apparently the guy said its not a loan he is familiar with and cant seem to get any details other than account number/sort code...so no details of agreement, transaction, interest, ppi etc.
Im hoping they at least make an offer based on the original amount and what the ppi would have cost on that size of loan!
Here's hoping!Any input I provide is purely my own interpretation and is in no way 100% accurate, I will try to help as best I can in all cases.
If you feel one of my posts have helped you in any way please click the "Thanks" button0 -
Surely they would need proof that a PPI was in operation, they are going to give you a lump sum without it.
You saying 'almost sure' ism't going to be enough.
Whether you wanted it or not, if there was one there, you must have signed a contract for it.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Please see this thread on the BR board Vindicated
https://forums.moneysavingexpert.com/discussion/3461629BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards