PPI Reclaiming discussion

smitchy73

mattc,
I wouldnt even try to speak to them on the phone on behalf of your OH, as per the fsa and I think oft, they have to revise your loan and give you a fair deal which basically means that they can't give you a worst rate than you're on already, it's not you're fault that their staff were using underhand tactics in the first place.
Just write and get it all on paper, alternative due to the fact that they are saying they haven't received your letter is to ask the person you have spoken to for their email address and email them.

they have to revise your loan, taking into account what you have already paid etc.

hollydawn

Here"s an interesting one:

I have a TSB Platinum card which currently has a PPI of about £100 per month. I was about to send off a claim because I was self employed (and have been for 25 years) when I took the card out. Then I realised that three years ago I became a limited company and am technically "employed' by the company

So - a couple of questions :

1) What's the success rate of self employed people reclaiming from Lloyds TSB?

2) Will the change from sole trader to Limited company affect my claim?

Thanks for any advice

freedom2b

Hi Hollydawn,


How many years did you have the loan out while you were self employed,you should, I would have thought be able to claim for those years...Have you a copy of your policy details and when you took the loan out?

lilal

can anybody help me .do you have or had taken out a policy underwritten by cardif pinnacle and they have never supplied a policy document .:mad:

Financial_Savvy

Here is my situation. Have I been mis-sold?

When I took out my first mortgage for £50K, I also was 'advised' to take out a critical ilness cover for about £13 a month.

I cancelled this policy a few years ago, as I found out that my pension pays 6 month half pay and 6 month full pay.

Would there be a situation that the critical ilness cover would pay out?

Have I been mis-sold?

Thanks
Financial_Savvy

mac_saver

I think everyone who uses this site is extremely gratefull to all the help and advice they get from people like M. Colak and would wish him and his family all the very best, to continue to give up personal time whilst awaiting the birth is beyond the call of duty!!!
Sleepness nights await you good luck:T :beer:

chelcon

Hi currently going through the whole PPI reclaim with capital one cc, Blackhorse DFS sofa PPI (Seen others here with exactly the same thing happening) and IGroup/Purple Loans now GE Money...

Right today bored at work (work from home) so started having a moochy at my other loan as I remembered actually cancelling the PPI and in writing January 07... yippee do dah...
BUT..here goes

May 2004 take out loan for £6000 (60 Months) with Virgin (MBNA) still have some of the paperwork hooray...
£6000 loan
Insurance advance £1,103.41 (I just don't know can't remember)
Total loan amount £7,103.41
Interest charge £1,462.72

December 2006 arrange for loan to be converted to new loan with Virgin (MBNA) £15,000, settle above loan £3,642.47

was advised by lady from Virgin that as I had payment protection already this would just automatically roll over to new loan... hmmmm glad she told me about it so could cancel lol

January 07 cancel insurance on new loan... in writing and over telephone duly done but me thinks have been hammered or am being hammered with interest..on policies I don't have...
new loan details
£15,000, Insurance £5,943.00 = total £20,943

interest for insurance £1905.72

How stupid am I today I read the actual insurance policy that either ends after 10 years or when loan paid... so how could my insurance roll over to new loan... and first loan 5 years, 2nd loan 7 years so either the first policy too long.. or not long enough in roll over and 2nd policy would of been too short... arghhh think case of misselling there but its the fact I may be paying extra on my loan to cover the interest for insurance I don't have... would I have a case to reclaim all this interest they have bounced on to both loans

Thanks for any help...

nova

Yes, l agree,it's really kind of people to take the time to help out, just by telling of your experiences is helpfulto otherswho may be claiming the same thing or trying too. lm trying to claim for lots of things at the mo, l've realised that if l got refunds on all the ppi's l have and got charges back etc, my debts would come down loads, will keep all informed.
Congrats on Baby M Colak.

LISAW_2

YEOSAL wrote: »

HI

Self employed since 1998.
LLoyds Tsb loan Nov 2001 over 60 months. £1400 ppi!!
DFS - Nova Finance Dec 2001 over 36 months. £240 ppi!

Sent first letters to both. Lloyds tsb said no and dont bother with FOS as out of time.
DFS rang and was incredibly rude to me! Got letter from them saying no.

Looks like I wont be able to lodge with FOS. Any ideas please???? Feel really foolish that I have been duped by them, but this is genuine misselling of PPI as only found out i had been paying for this after i had found this site and dug through all my old paperwork.

Hi,

My loan with LTSB was in 98 and 99. THe FOS have taken the case on as i have only become aware of the mis selling in the last 3 years due to recent media attention.

I am waiting on my complaint to be allocated, however, it is under investigation.

L

m.colak

katiekittykat wrote: »

Can anybody help with this?

xx

Katiekittykat if you claim is within the 8 week period then you will have to wait unfortunately. Once it is beyond this you can start taking affirmative action whether its the FOS or Court is your decision.