Hidden PPI charge

-taff

I'm telling you what you don't want to hear, so if you want to take that as sneering, go ahead.

I couldn't change the fuse board, but I wouldn't tell you you couldn't.....because you know how to do it...similarly, I do know a lot about PPI complaining......I see your point and raise you exactly your point in reverse.

[Deleted User]

Mark2spark wrote: »

you seem to be sneering at me for not knowing how to deal with a PPI claim.

No one is "sneering", only expressing surprise that you are proceeding with your "complaint", despite having been told that you don't have one..

Mark2spark

We seem to have got off on the wrong foot somewhere along the line so I'll attempt to clear things up.
You might see from other postings I make that my main involvement on MSE is hopefully helpful and not inane question asking, without reading stickies and threads first.
I appear to be one of the people that get overly pestered by PPI companies phoning me - despite being registered on the TPS - and I have made attempts to discover whether PPI has in fact been unknowingly paid by me on credit cards. Hence the OP. I have phoned these companies up and have been told that there is no PPI on any of my credit cards.
Yet STILL these PPI companies insist that there could be... :mad:
Now, I am aware that I have had a LOAN from lloydstsb at one point, that had PPI, my enquiries with lloyds led to the reply that they don't hold records back that far. So I thought that was a dead end. Yet this guy seems to feel that he can get that info for me.
I'm not prepared to spend £10 per company on a SAR request, that could be £200 just to find out an answer that I believe I already know, so I've let this guy go ahead and see what happens.
In the meantime, he has unravelled from MBNA that I had a LOAN with them - not a credit card PPI - in 1999, that indeed had PPI.
Well I had forgot that I'd had a loan with them, let alone PPI, so his unturning every stone approach seems to have worked. I wouldn't have even contacted them.
So, you're not telling me what I don't want to hear, - far from it. Card companies do not secretly add PPI to monthly card payments without it being shown somewhere. That's what I wanted to know. that has saved me contacting card companies to hear the inevitable. If he wants to waste his time and money on checking that, then go ahead. It doesn't cost me a bean.
And the end result is that I'm satisfied that I haven't missed out on something.

I've never knowingly (except for the Lloyds loan) taken up PPI as I realised in the early days that it was pointless for me, being that I'm self employed.
Hope that clears things up.
Thanks again for your posts.

[Deleted User]

Mark2spark wrote: »

Yet STILL these PPI companies insist that there could be... :mad:.

They insist this to EVERYONE they cold call. They insist it to me (two years after my successful PPI complaint was concluded), they insist it to Dunstonh (who is an Independent Financial Advisor) I'm certain they also insist it to Roonaldo (who worked as a claims investigator) and I'm also certain that many many others get these calls as well.

When the phone rings and a voice I don't recognise asks me if I've ever had A LOAN , I tell them I'm not ALONE until they realise what I am doing and put the phone down.

I also ignore calls about problems with error messages on my Windows computer (I have a Mac) and calls about minor road accidents I can claim on (I haven't had any accidents, touch wood)

Do you see where I am going with this?

magpiecottage

I regularly get such calls too.

I also get them about car accidents.

I get them about investment schemes which are obvious scams.

As Moneyineptitude and DunstonH say, if it is a cold call, assume it is a scam.

dunstonh

Yet STILL these PPI companies insist that there could be...

I have had phone calls telling me my boiler warranty has just expired and I need to buy a new one (boiler is 14 years old and out of warranty over a decade ago). There is my sky box which seems to regularly go out of warranty apparently and they want to sell me a new warranty. I have had claims companies tell me I have been mis-sold PPI even though I am an IFA. One I "entertained" even told me that being an IFA didn't matter and that I could still complain to myself and get compensation. There are these pension review calls which are dangerous scams as they try and get you to put your pension in unregulated schemes such as carbon credits and overseas property which are usually scams. Or will pay you £1000 to transfer your pension (but they take thousands or even tens of thousands from your pension in the process). Or claims companies that tell you that your pension was mis-sold. They put in a fake complaint to a firm but at the same time they tell you to transfer the pension. The complaint is just a red herring for them to find out about your pension so they can earn a commission on the pension transfer.

The point is that these cold callers lie. That is what scammers do.

Mark2spark

Thanks guys.
Up until now, I hadn't found a thread that rammed this point home quite so hard.

Mark2spark

I agree. In this field, I'm still walking, can't quite run yet.

But I might get there even if I just walk. :beer:

-taff

Mark2spark wrote: »

Now, I am aware that I have had a LOAN from lloydstsb at one point, that had PPI, my enquiries with lloyds led to the reply that they don't hold records back that far. So I thought that was a dead end. Yet this guy seems to feel that he can get that info for me.
I'm not prepared to spend £10 per company on a SAR request, that could be £200 just to find out an answer that I believe I already know, so I've let this guy go ahead and see what happens.
In the meantime, he has unravelled from MBNA that I had a LOAN with them - not a credit card PPI - in 1999, that indeed had PPI.
Well I had forgot that I'd had a loan with them, let alone PPI, so his unturning every stone approach seems to have worked. I wouldn't have even contacted them.
.

Your free credit report or personal papers will show you had credit with various people that either ended or were opened within 6 years.

Sending a SAR to each company you had credit with will show you what stuff there is left.
You only need to send a SAR if you can't prove you paid PPI, or want to see if you did.

The only way to find out if you did pay if you can't remember is to send a SAR, so I have no idea how this guy managed to find something out that you couldn't. Have you asked him how he did?


http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

closed account method - no need to ask for t&cs.

KennethC

Mark2spark wrote: »

We seem to have got off on the wrong foot somewhere along the line so I'll attempt to clear things up.
You might see from other postings I make that my main involvement on MSE is hopefully helpful and not inane question asking, without reading stickies and threads first.
I appear to be one of the people that get overly pestered by PPI companies phoning me - despite being registered on the TPS - and I have made attempts to discover whether PPI has in fact been unknowingly paid by me on credit cards. Hence the OP. I have phoned these companies up and have been told that there is no PPI on any of my credit cards.
Yet STILL these PPI companies insist that there could be... :mad:
Now, I am aware that I have had a LOAN from lloydstsb at one point, that had PPI, my enquiries with lloyds led to the reply that they don't hold records back that far. So I thought that was a dead end. Yet this guy seems to feel that he can get that info for me.
I'm not prepared to spend £10 per company on a SAR request, that could be £200 just to find out an answer that I believe I already know, so I've let this guy go ahead and see what happens.
In the meantime, he has unravelled from MBNA that I had a LOAN with them - not a credit card PPI - in 1999, that indeed had PPI.
Well I had forgot that I'd had a loan with them, let alone PPI, so his unturning every stone approach seems to have worked. I wouldn't have even contacted them.
So, you're not telling me what I don't want to hear, - far from it. Card companies do not secretly add PPI to monthly card payments without it being shown somewhere. That's what I wanted to know. that has saved me contacting card companies to hear the inevitable. If he wants to waste his time and money on checking that, then go ahead. It doesn't cost me a bean.
And the end result is that I'm satisfied that I haven't missed out on something.

I've never knowingly (except for the Lloyds loan) taken up PPI as I realised in the early days that it was pointless for me, being that I'm self employed.
Hope that clears things up.
Thanks again for your posts.

It sounds very much as though your friend of a friend is on the case and as you are going to lose only 25% of the claim, good luck and well done.