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Marjon CC

I need help from anybody who can remember who issued the Marjon (College of St Mark& St John) credit card in the 1990s. My husband, a former student of the college, took out one of these cards in about 1997and in 2001 the card issuer offered him a loan of £25000 which he took out and used for home improvements. The loan was settled in 2006 when we sold the house and by then the card, but not the loan, had been taken over by MBNA. It is very likely that we had PPI with this loan and we'd now like to reclaim it, but we can't remember who the loan was with. We've looked for old bank statements but can only find them going back to 2007 and Barclays cannot give us copy statements from that far back. Does anyone know who this loan could have been with? Many thanks.

Comments

  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i was going to say that i thought it was MBNA, but it sounds as though it was their predecessor.

    have you asked MBNA?
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    and what about asking the college?
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    What would your basis for reclaiming the PPI be? Were you in fact ineligible to make a claim during the time you were paying it?
  • At the time we took out the loan my husband was a teacher and I was a nurse. We both had entitlement to sick pay, full pay for 6 months and half pay for six months. We also had some savings that would have covered the loan repayments in the event of either of us being off work and we would never have taken out PPI if it had been explained to us that it was optional. If we had it on this loan the terms were not fully explained to us when we took it out.
  • Nasqueron
    Nasqueron Posts: 10,163 Forumite
    Tenth Anniversary 10,000 Posts Photogenic Name Dropper
    Might want to establish you even had PPI before you start with the copy/paste template miss-sale reasons that every claims management company submits - then focus on the key issues like the sick pay not the stuff about savings (can you prove that) and the unprovable hearsay about whether it was optional or if you had the terms explained to you

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    Larabyron wrote: »
    At the time we took out the loan my husband was a teacher and I was a nurse. We both had entitlement to sick pay, full pay for 6 months and half pay for six months. We also had some savings that would have covered the loan repayments in the event of either of us being off work and we would never have taken out PPI if it had been explained to us that it was optional. If we had it on this loan the terms were not fully explained to us when we took it out.

    Having never had PPI I don't know much about it but it sounds to me like both of you would have been eligible to claim should you have been in a situation that was covered, it's just that you feel now that you wouldn't have needed to use it. That might weaken your case, but maybe not. Of course, as Nasqueron says you need to establish if you actually did have it before considering a claim.
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