PPI Reclaiming Discussion Part 5

[Deleted User]

ZeroGravitas wrote: »

They will ask for an upfront payment, which should immediately set alarm bells ringing. If they can persuade enough people to part with, let’s say, £200 at the start of the process, what incentive do they have to do any work? None, and they won’t.

Your post is spot on apart from this paragraph which makes it seem that every CMC demands an upfront payment-they don't.
Bravo for the rest of your comment (although I doubt it'll be read by those who most need to)

Might be worth posting as a separate thread, it's very likely lost posted in this one.

markdavey

Hi,

Quick question. I am currently claiming for PPI on an old A&L Car Loan. The loan application is set out like the below:

Loan Amount: £A, Monthly payment: £B, Insurance: £C Monthly payment including insurance: £B+C

Is this Front loaded PPI? The Insurance Monthly payments stayed the same throughout the loan period.

money-master_3

Just wanted to share that I got my PPI claim refund today of nearly £1200 !!

Thanks to all you guys for advice etc. I have to thank MSE big time as I probably wouldn't have bothered otherwise !:money:

Nice One !:D:D

-taff

if it's not a separate payment, it's single premium

[Deleted User]

markdavey wrote: »

I am currently claiming for PPI on an old A&L Car Loan. .

Yes, it was front loaded.
However, exactly how "old" is the policy? If it pre-dates regulation in 2005, then you'll find great difficulty getting the car dealer (if they are still trading) to consider any complaint...

markdavey

Moneyineptitude wrote: »

Yes, it was front loaded.
However, exactly how "old" is the policy? If it pre-dates regulation in 2005, then you'll find great difficulty getting the car dealer (if they are still trading) to consider any complaint...

Thanks. It was a 'car loan' directly through Alliance and Leicester not through a dealer from 2003. Should I write to them adding this reason for the miss-sell to 'assist' them in their decision?

[Deleted User]

markdavey wrote: »

Thanks. It was a 'car loan' directly through Alliance and Leicester not through a dealer from 2003. Should I write to them adding this reason for the miss-sell to 'assist' them in their decision?

Absolutely!
Go here and follow the simple steps..
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step2

ZeroGravitas

Moneyineptitude wrote: »

Your post is spot on apart from this paragraph which makes it seem that every CMC demands an upfront payment-they don't.
Bravo for the rest of your comment (although I doubt it'll be read by those who most need to)

Might be worth posting as a separate thread, it's very likely lost posted in this one.

Thanks Moneyineptitude. I did think about posting it on the CMC-related thread, but I agree with you that that thread is an open invitation to spammers. In which case, perhaps it's exactly the right place for it...:rotfl:

Cheers.

[Deleted User]

ZeroGravitas wrote: »

Thanks Moneyineptitude. I did think about posting it on the CMC-related thread, but I agree with you that that thread is an open invitation to spammers. In which case, perhaps it's exactly the right place for it...:rotfl:

No, I said it needs a separate thread...
You'll just have to be careful what you title it...
Spammers are easily dealt with.

ZeroGravitas

Moneyineptitude wrote: »

No, I said it needs a separate thread...
You'll just have to be careful what you title it...
Spammers are easily dealt with.

You did and I have. Cheers.:o