PPI Reclaiming Discussion Part 5

Woody's_Girl

Hi all, I sent off a letter to Natwest regarding a loan my husband had back in the early 90's, he remembers is clearly because he was a 18 year old who really couldn't afford the extra payment in addition to the loan but was told he had to take it, unfortunately we had no paperwork.

Anyway, I was clearing some things out today and found his bank statement dated 1996 which was the statement when he had the loan

*PLP premium* £624
Loan amount £4000

so I'm assuming it's the personal loan protection premium added to the loan and then paid monthly.

Obviously the loan has been paid off but i'm just wondering if a copy of that statement sent to RBS (who wrote to say they are dealing with it) would be good enough for us to be successful and how much we are likely to get back if it is.

Any thoughts would be great, trying not to get too excited but can't help myself!!

house5

wilpipski wrote: »

Hi , please help me calm down, was told a couple of weeks ago that letters had been sent to me with an offer of just over 21000k , they read the letters to me to tell me what they were offering and i was pleased .... very pleased!, however i have been waiting for the letters to come through the door and so far nothing!! Has anyone waited over three weeks for 2nd class post before? i want to see it all i writing. also why in this day and age can they not email me a copy of the letters. i keep ringing these people and to be fair i think they are getting a bit !!!!!! with me.

thanks
Aaron:mad::mad::mad:

Any chance you could say how much the loan was for and over how long if you can find mine I am house5 posted mine earlier be interested in the amounts if you wouldn't mInd telling me
Thanks
House5

house5

Any chance you could say how much the loan was for and over how long if you can find mine I am house5 posted mine earlier be interested in the amounts if you wouldn't mInd telling me
House5

cappo

RSMullins wrote: »

Thanks, that makes me feel so much better. It's so annoying because I know the paperwork is all good - no doubt about that. But the fact that they are claiming that because the paperwork says I can't claim because that says it was optional really bugs me. The sales advisor should have been more clear about what PPI was!

Hi again mullins they will say anything if they think it'll stop you claiming, it's damage limitation, they know this ppi is going to cost them a packet but they will have to pay the redress in the end anyway, it's mad really.

probinson71

Hi, just wondering if anyone else had similar problem. We originally started procedings via Cartel and were told we had two potential claims, Since their demise we have decided to claim using MSE advise, but as yet we have been unable to find any proof of having PPI on either loan. Should we still proceed???

cappo

probinson71 wrote: »

Hi, just wondering if anyone else had similar problem. We originally started procedings via Cartel and were told we had two potential claims, Since their demise we have decided to claim using MSE advise, but as yet we have been unable to find any proof of having PPI on either loan. Should we still proceed???

Hi it just depends on how sure if your a tenner sure put in for a sar see link below.



https://forums.moneysavingexpert.com/discussion/1475553

Beabird

I'm hoping for some help!
I had a loan six years ago with GE Money and it was taken out via a broker Linworth Drew Finance. This broker is no longer trading! When i did the application i was advised that i had to take out the PPI in order to get the loan, i wasn't given a choice!

I have made a successful claim back on another loan, so wrote to GE Money requesting a refund in full, along with interest. They have written back advising they won't refund me as they didn't sell me the loan and advising me to contact the administrators for the company or the Ombudsman.

I have tried contacting the ombudsman, but as yet haven't been able to speak to anyone.

Any advice on how to move this forward would be greatly appreciated

geraldo7111

Morning All

Please can someone advise me of my options as I am getting lost

I have started a claim with the RBS on my miss Sold PPI , I have since had a letter back to say they are not liable as it was sold by a 3rd party broker who was working on their behalf. The broker has been out of business now for about 7 years.
I was informed at the time of taking the Mortgage and the PPI that the agent was working as an agent of RBS

Any advise would be most welcome

gruber

Thanks to everyone for your help & advice,I'll proceed with my claims....Fingers crossed I get some sort of refund !

amersall

Twirlygirl wrote: »

I thought I smelled a rat too! I shall get on to it right away.

Thank you so much for your advice - much appreciated, I can't tell you how much your advice to others has been of help since investigating this.

We aim to please :D
Now you have made me blush :o
Go get em :cool: