PPI Reclaiming Discussion Part 5

-taff

then you can't recall. It doesn't matter anyway as what was said can't be proven. Look for a proveable reason.

CMK76

Hi i have ppi on a mortgage from 2003-2009, i remortgaged with the same company in 2009 with no ppi. I was sold the ppi from a financial advisor who insisted i take this out with bank of scotland and told me i would not get the mortgage without it, also told me it was compulsory with the company. My question, am i still able to claim ppi from bank of scotland even tho it was sold to me by someone else?

Cheers

Claire

-taff

No. And if he told you it was compulsory, it was.

amersall

Omollmeg wrote: »

Thanks for your response, these were all separate loans with all separte PPI's which all started and finished around the same time and a single payment was taken from the account each month which included PPI. The monthly statements from Lombard however itemised a separate amount from the loan amount which my husband assumed was the interest...so if i understand this correctly we had Single Payment PPI and not consolidation loans?? Thanks for your time :-)

If your loans were taken out around the same time and finished around the same time were just loans with PPI, if you took a loan out that repaid a previous loan, then they were consolidation loans.

Yours may have been single premium and the other amount could have been the interest for both the PPI and the loan.

Yours could have been Single Premium and consolidation, please clarify this.

Omollmeg

Am sure the loans are just Single Premium loans. Sorry for delay
. Happy Easter by the way ;-)

amersall

:easter_ba Happy Easter to you too .

Use the Single Premium as one of your reasons for mis sell, use what I said in previous posts regarding total cost and the loans were consolidated so PPI remaining after the rebates was paid back by you in settlement.
Keep us posted.

friely

Hello this my first post

We have got a acceptance form form HFC for £8034 with a box to tick if we want all the money and reduce our mortgage payments

or

take no money and reduce the mortgage payments even more

we would like to take all the money but there is a short passage on the letter which state any redress is subject to the status of the account does this mean they dont have to to pay any cash direct to us?.just pay it off the mortgage

we have never missed a payment so there is no arrears

Thank you

-taff

If there are no arrears, you can choose to have the money.

friely

-taff wrote: »

If there are no arrears, you can choose to have the money.

Thank you Taff for the help I have returned the form now its just wait and see

Sixtyfiver

Hello good people on MSE,

I am new to posting on Internet, so please be patient if I don't get this right first time.

I used to be a customer of Yorkshire Bank (now Clydesdale Bank & Yorkshire Bank) but due to them making a late payment to my CC account with another Bank years ago causing me a late payment I took my account from them in 2004.

While I was a customer I had several Bank loans with them (single parent & 3 kids NOT claiming Benefit).

All loans were paid in full but at no time was I ever given the option of taking the loan out without insurance, even questioning the member of staff on one occasion, she said it was part of the loan.

Needless to say when I parted company from the Bank I destroyed all my Bank Statements and for a long time I could not remember my old Bank Account number.

In January I found some old paperwork with the Bank Account number on and wrote off to them stating that I would like to reclaim the PPI on Loans that I had with their Bank because during the application process it was made clear to me that the Loan was only on condition that I took out the Payment Protection.

The Bank replied to me on 7 February 2013 and said

Quote :" Due to our record keeping rules, and the length of time elapsed since these loans closed, we are unable to investigate any loans you have held with the Bank "

Can someone tell me if this is the end of the road for my claim or is this where I now send in a SAR letter with a cheque for £10.

If the Credit Reference Agency Experian keep all their records, my payment record will show up there.

Please help, thank you