SadGirls SOA

SadGirl

No its with igroup, ge money.

medman

I would do it, they haven't got a case to deny you your money back.

There were some articles in the Sunday papers recently stating that one company had just been fined quite heavily for mis-selling PPI, and the FSA are conducting an investigation into the whole racquet. I would be inclined not to phone them because you end up with a call centre that will try and fob you off. I would write stating your account numbers etc explain that you never benefited from the cover and expect a full refund.

You can contact the FO via their website at

http://www.financial-ombudsman.org.uk/

Best wishes

medman

That's interesting the company that was fined £500,000 by the FSA was GE Money!!

racer256

Hi,
Big Hugs to you. Just a thought can you car share with someone living close to you? I do that with a few girls at work and it has reduced my fuel bills. If not drive 5mph slower and you will notice the difference or better still is publuc transport an option?
x

RAS

GE Money, here

http://www.gemoney.co.uk/en/about_ge_money/why_ge_money_about.html

Payment Protection almost certainly mis-sold if you were self employed. Write and demand it be refunded and your monthly cost reduced.

Would not recommend consolidating the Egg card into a loan if you can help it. What are the APRs?

What is your house worth?

SadGirl

The trouble is what I do for a living. I visit peoples houses, and have many stops throughout the week. I wish I could lift share I ahve just composed to letter to ge money about this protection, and we will see what happens!

medman

[QUOTE=SadGirl;5083569
Amount of advance £35,500
Protection insurance £6000 rip off
Amount of Credit £41,500
Broker Fee £1500 rip off
Completion costs £500 rip off
Reading this now I think I've been done!! Me too, they are charging about 13% and they have taken £8,000 out of your pocket. At least !!!!!! Turpin wore a mask :cool: Loan = £43500
Interest rate 10.75% fixed for initial period of one month (Wow) then 6% over the barclays base lending rate.
Does this make any sense? It says on the bottom Plan is Xpress O SC 4.75%
Base rate + margin 10.75%
[/QUOTE]


I would be inclined to refer the entire loan to the FOs office as I think it looks like they have charged you far too much.

MM

SadGirl

I just spoke to them on the phone, and they have advised that I write in, but I will not get a full refund, only a refund possibly from when they receive the letter.

medman

SadGirl wrote: »

I just spoke to them on the phone, and they have advised that I write in, but I will not get a full refund, only a refund possibly from when they receive the letter.

I wouldn't accept that, as you have then been charged for cover you never had because of you employment status, and which shouldn't have been sold to you. I would want the full £6000 plus any interest. It may be easier to refer it directly to the FO

SadGirl

The egg card at the moment has some cash balance and a higher rate of interest than the loan I am thinking of putting it on to. I already have a loan with Egg, so I am just moving the card balance to the loan, with a lower rate of 7.9%. I thought this was a better deal, and light at the end of the tunnel in 7 years time, and the option to pay off early when my other loan expires in June 2008. My house is worth approx. £185k. When I tried to add to my mortgage about 2 years ago, they would not do it. As soon as I ahve sorted this secured loan out, and got some sort of refund on part of it, I may try again to add it to my mortgage.