RBS - Are they Lying????

Brokerwise

Fastfreddie wrote: »

Maybe i have, maybe i have'nt? But explain this; the photocopy of the application form does NOT have a box to tick for PPi yet when searching for images of the SAME form there is clearly a box to tick for PPi and the forms are identical to the photocopy they sent me except for the "little box".
And after speaking to the FSA today they have advised me to carry on with the claim, it sounds like you lot trust the banks? Pahahahah!

Unless you have spoken to the Food Standards Authority there is no such thing any more in financial services. If you mean the FOS or Financial Ombudsman then they will encourage you to claim, that is the way they are funded and it would not be the first time they have encouraged spurious claims. Fact of the matter is you do not have PPI I am afraid.

dunstonh

And after speaking to the FSA today they have advised me to carry on with the claim, it sounds like you lot trust the banks?

How did you speak to the FSA when they ceased to exist a year ago?

It isnt about trusting the banks. It is about common sense and logic. Your complaint has to be one of the daftest going. You have your statements, you can see you haven't paid any PPI as it would appear on the statement if you had and the bank has told you that you haven't had PPI. Yet you want to complain being mis-sold a product you dont have.

The FOS, in case your initials are wrong, will never refuse a complaint. Their scripted telephone call service will always encourage submission of a complaint. They are well known for this.

So PPi does'nt get "built in" with the interest?! hmmm interesting!

No it doesnt. It is not possible as the requirement of the consumer credit act means it cannot. That is just a myth put about by cold calling scamming claims companies attempting to earn their commissions for getting people to sign up.

I've also read on another site tonight of a claimant recieving a "paste and copied" application form which like mine has obvious mistakes :-)

The courts ruled a few years ago that in cases where the original agreement cannot be located, the banks are allowed to provide a reconstituted copy. Nothing unusual there.

[Deleted User]

Fastfreddie wrote: »

If you saw the copy of the application form they sent me you think otherwise!
I've also read on another site tonight of a claimant recieving a "paste and copied" application form which like mine has obvious mistakes :-)

You will never get a refund of PPI which you haven't paid, no matter how many "mistakes" or omissions you can find on the application form they have sent you.

Fastfreddie wrote: »

there is no box on the form for me to tick anyway! I have been told this is a tactic to make me go away and they have removed the box from the form?

The only tactic being used to make you "go away" is the truth; you don't have PPI.

In other threads you say you have all your old statements from and including 1989. If this is the case and no PPI payments are shown on any of them, then I recommend you cease sending SAR letters to your credit card providers as this is a waste of £10 each time.

roonaldo

Fastfreddie wrote: »

So PPi does'nt get "built in" with the interest?! hmmm interesting!

No, thats loan single premium PPI which is different.

Credit card PPI is monthly PPI and is calculated as % of the balance (often 7 or 8%) and is added on the monthly statement as a PPI premium.

Which is pointless explaining as from what you have said you dont have PPI.

Fastfreddie wrote: »

And after speaking to the FSA today they have advised me to carry on with the claim, it sounds like you lot trust the banks? Pahahaha!

What claim? Even in the off chance you had PPI, it doesnt mean it was mis-sold.

This is either a wind up, or you are not too bright or just perhaps dishonest. You can either be smart or get angry with us, but this wont make you have a PPI policy.

JuicyJesus

roonaldo wrote: »

No, thats loan single premium PPI which is different.

Credit card PPI is monthly PPI and is calculated as % of the balance (often 7 or 8%) and is added on the monthly statement as a PPI premium.

Are you sure on those figures? All the credit card PPI I've seen has been around 0.7-0.8% of the monthly statement balance, not 7-8%

iAMaLONDONER

JuicyJesus wrote: »

Are you sure on those figures? All the credit card PPI I've seen has been around 0.7-0.8% of the monthly statement balance, not 7-8%

I hope so as 7-8% sounds extortionate!

roonaldo

JuicyJesus wrote: »

Are you sure on those figures? All the credit card PPI I've seen has been around 0.7-0.8% of the monthly statement balance, not 7-8%

well spotted, sorry I meant 0.7%

[Deleted User]

roonaldo wrote: »

This is (either) a wind up,

The thought crossed my mind as well….