Lloyds tsb,copy of loan agreement

sportmonkey666

Hello, I recently requested copies of my loan agreement from tsb. They have sent me copies but the part which I signed looks different than the one I signed in the bank when taking out the loan...I distinctly remember only having to sign 1 box but the papers they have sent show 2 boxes to sign(one of which was was for ppi, which was added to the loan agreement which I was not aware of???)

Can anyone tell me if the copy should be of the original document with my signature, as this one has no signature at all?

knoxvillain

They only need to send you a copy of the application you would have signed at the time I think, they don't have to send you an actual copy of the one you signed at the time I think. Some places don't keep them on record after a certain amount of time I think.

amersall

knoxvillain wrote: »

They only need to send you a copy of the application you would have signed at the time I think, they don't have to send you an actual copy of the one you signed at the time I think. Some places don't keep them on record after a certain amount of time I think.

You are correct

amersall

sportmonkey666 wrote: »

Hello, I recently requested copies of my loan agreement from tsb. They have sent me copies but the part which I signed looks different than the one I signed in the bank when taking out the loan...I distinctly remember only having to sign 1 box but the papers they have sent show 2 boxes to sign(one of which was was for ppi, which was added to the loan agreement which I was not aware of???)

Can anyone tell me if the copy should be of the original document with my signature, as this one has no signature at all?

The PPI is the main priority, does it show on the agreement alongside the loan amount and did you pay this in one payment for both each month?.
This is Single Premium PPI and is the most upheld of all PPI reclaims, it was in fact a loan on the loan paid back to term end with interest, use this as a reason for mis sell.

sportmonkey666

Thanks for the replies so far it says on the front page:

cash loan ****.**

loan for loan protection
insurance ("LPI") ****.**

total loan amount ****.**

So it was combined but I was only told "you are borrowing x amount, and your monthly payment will be x amount- please sign in the box" (which has a small tick box to apply for the LPI) which I certainly did not tick.

I only paid this for 12 months before we reconcolidated with another loan(aa finance)

knoxvillain

Go ahead and submit a on playing to them seeking a refund.

amersall

sportmonkey666 wrote: »

Thanks for the replies so far it says on the front page:

cash loan ****.**

loan for loan protection
insurance ("LPI") ****.**

total loan amount ****.**

So it was combined but I was only told "you are borrowing x amount, and your monthly payment will be x amount- please sign in the box" (which has a small tick box to apply for the LPI) which I certainly did not tick.

I only paid this for 12 months before we reconcolidated with another loan(aa finance)

This was Single Premium PPI , get the claim in, if you win you get the whole PPI amount back, less the rebate they gave you for the PPI at settlement plus the 8%, let us know how you get on.

sportmonkey666

Hello, as you know I contacted tsb re-loan,credit card agreements. And I have just received this through the post:

Dear Miss ****

From 30th July 2012 we are changing your credit card agreement with us and adding a new condition to your existing terms and conditions.

It's important we tell you about this change as your credit card account is currently in default and there's still a balance owing-although you may have a repayment plan in place with us to reduce this.

We've included the condition below for you to read.

New Condition - 15.8
If we owe you any money in connection with any transactions, interest or charges on your account we may use that money to reduce any arrears you owe under this agreement. If we intend to do this we will tell you when we offer to make a payment to you. We will also follow any relevent guidance in a code of practice that applies to us, or as required by our regulator or another similar body.


Now I am quite sure that when my account went into default that TSB cancelled the credit card account???....has anyone else received a letter like this....and last of all does this mean that there is definatly a win situation here as I have not sent any complaints in yet??

dunstonh

Now I am quite sure that when my account went into default that TSB cancelled the credit card account???....has anyone else received a letter like this....and last of all does this mean that there is definatly a win situation here as I have not sent any complaints in yet??

They could effectively do that anyway and have been doing it. So, I guess they are just adding it for clarity.

arsenal1982

Good Evening

Today I have received the exact same letter in the post as mentioned above quoting a change to conditon 15.8.

This is apparently for a credit card account for which the letter does no supply the full account number or sort code and is apparently in default and has a balance still owing.

I have been to the CAB and been provided with two credit reports and twice been in person to lloyds TSB and everything says I have no debts against my name or my current address and I have sent three letters with a £1 postal order requesting my credit agreement and copies of any statements as per the credit agreement act and I have received nothing.

I left Lloyds TSB over 18 months ago and the only contact I have had is from debt collection agencies saying i owe this money yet no word from lloyds until this letter today and my address has not changed in all that time.

Seems very strange and if anybody could provide their thoughts on this would be very helpful

Thanks