PPI Reclaiming Discussion Part 5

amersall

jennyjo26 wrote: »

1st time on here! received a cold call stating, that a loan we have taken out with Blemeim finance and stated no to PPI, may have hidden PPI included in with the interest, is that possible? is so how can i find out if this has happened?

amount of interest charged is £3853.16 at 14.40% per annum on a £6000 pound loan over 84 months

thanks!

PPI is not hidden in the interest, these claims co will say anything to get money out of you.
What year was this loan?.

amersall

bmc85 wrote: »

I just phoned up Santander with regards to a credit card I had from 2006 till 2008. The account has been closed for since 2008 and I don't have any documentation but managed to get the last 4 digits in the account number from my credit report.

I said I was wanting to raise a claim as I had applied online for this and that I had to opt out of the PPI instead of opting in, as the online application form had pre ticked boxes.

The guy at first said that was not reason enough but I stood my ground and even lied by saying my friend was a financial advisor and he advised me and others who had been successful that this was enough reason for putting in a claim. He seemed to back down after this and said he had raised it and I would hear something back in writing within 3-6 weeks.

What happens if they say my claim is not valid enough? Would I then take it to Ombudsman? I have another few cards I am about to try for too over the phone, seems it is going to be a long afternoon listening to waiting music. :rotfl:

It depends on what the reasons are for rejecting and if it is a final response from them as to what the next step is.

amersall

(do they have the facility to dig into & find the necessary documentation?) if this is the case then I would consider it!

No they do not, you do all the chasing for info and they sit back and take the fee plus Vat for doing Jack :rotfl:

As this is MPPI then you need to post your question here http://forums.moneysavingexpert.com/forumdisplay.php?f=187

as they know more regarding MPPI , if they say you have a claim for mis sell then all you need is the Mortgage account number and reasons for mis sell.
The Halifax are auti upholding claims at the moment, not on critical illness or life insurance with a mortgage, just the PPI element, you could put a claim in and see what they come back with or let the experts on the link I gave give you more advice.

amersall

WestonDave wrote: »

Out of curiosity - would it be misselling in terms of PPI on a credit card if the intention (and in fact practice) was always to pay off the balance in full?

I suspect not and by definition the PPI amounts would be small, but just curious whether this has been used.

Had the CC been a nil balance due to it being paid off each month for the term of the card then you would not have needed PPI and this could be classed as mis sold...But, the bank do not know this and you could have missed payments due to illness redundancy etc so by that token it will not have been mis sold, nice thought though.:D

Nitamcc21

bmc85 wrote: »

I would post a link to a site I discovered over the weekend that does it for free but since I am a new member it wont allow it.

Just Google a company called Noddle and sign up with them, they give a free, lifetime credit report and I managed to obtain the last 4 digits of old account numbers dating back to 6 years. This should be enough for putting in claims.

emmzemdp wrote: »

MSE says get your credit report to see who you have had accounts with etc. I have just done this to the tune of £14.99 per month only to find that the information is vague at best! Can anybody help me with a) finding account numbers for old accounts, b) finding out who Style Financial Services are or were and c) why are Experian forcing me to purchase Identity Insurance? Any help will be gratefully received.

I signed up to experian today and never had any problems - managed to sort out my credit report and I intend on cancelling on day 25 to to ensure that I don't have to pay £14.99 each month (extortion!)

I have also signed up to a site mentioned above called all the W's noddle dot co dot uk and this gives me exactly the same info as I can get on my experian account - its definitely worth look at!!!:p

amersall

pink7* wrote: »

Hi, has anyone made a claim about missold ppi for right to buy mortgage from Regency?
My parents are trying to claim from them but have contacted a number of companies who now deal with the ppi and mortgages for regency but they have so far all responded saying they dont deal with it. I know regency are now dissolved so there is no direct contact for them, has anyone got any ideas how to progress this?

Post your question here

http://forums.moneysavingexpert.com/forumdisplay.php?f=187

They know more regarding Mortgage PPI and can help you more.

bmc85

amersall wrote: »

It depends on what the reasons are for rejecting and if it is a final response from them as to what the next step is.

Cheers I will just have to wait till the letter comes through with their verdict, fingers crossed.

amersall

linz82 wrote: »

Hi Everyone

I have just received my SAR from Capital One and can clearly see that I selected 'No PPI' although there is a second box saying '2nd PPI - not selected'.

I dont know know if I have been paying PPI or not, does anyone know how I find this out from the SAR?

Thanks

Is this a Credit card/ if it is then the PPI may not show on the agreement as it could have been added later, PPI on a credit card show every month on your statement, did they not send you any?.

amersall

babie_gurl wrote: »

thanks for all your help
this im not sure what you mean by single payment ? i payed 1656 over 60 months for the ppi
thanks again bg

If you made one payment a month to the loan, this will include the PPI amount, this is Single premium PPI and this is the reason you use for mis sell.

If you made a separate payment for the PPI each month then this is not.

If it is not single premium, if you have reasons for mis sell then still make the claim, but you cannot use the Single Premium reason.

amersall

roverjade wrote: »

Hello,

After sending two SARs to HSBC (one for a loan and one for a cc), their debt recovery department (Metropolitan) wrote to me saying that they "were not in a position to provide the requested information" and they "hope this clarifies matters." After defaulting on my debts with HSBC, they passed the debt to Metro and I am now paying Metro through the use of a debt management plan.

I thought it was a legal obligation on them to provide me with the data I had asked for? I included a cheque, which notably wasn't returned!

Should I write to them again and insist they send me the paperwork? I'm fairly sure I had PPI on the loan and CC but without the paperwork I can't be certain. Or should I just hedge my bets and write to them putting a claim in anyway?

Thanks for any advice.

As it was Metro who could not supply the details then you need to ask HSBC for them.