PPI Reclaiming discussion

m.colak

Stillsmiling wrote: »

Update re: FirstPlus. Well I have written back to First Plus asking for a copy of the call that they referred to in their letter and also the "Demands and Needs" questions and answers. I have stressed that if I am the only person covered by the PPI then they should have spoken to me and not my husband and I have also told them that at no point did they tell me how much I would be paying back - either for PPI or the loan. I believe they misled me and the cashback offer is a good tool to stop people looking to hard at the PPI!

Out of interest are loan providers are obliged to tell you how much you will pay back? I know this is hard with a variable loan but on setup should they tell you what the payback will be at that interest rate?

Also I have life insurance, I have critical illness cover. The only cover I didn't have was unemployment!

Your customer credit agreement should cover all details including the breakdown of payments (even if its approximate) over the length of the loan with an estimate on how much you are going to pay back.

tiggrae

m.colak wrote: »

Your customer credit agreement should cover all details including the breakdown of payments (even if its approximate) over the length of the loan with an estimate on how much you are going to pay back.

Hey congratulations, how's the baby - what did you have boy or girl, weight etc. how's mum doing - you know all the details !!!

Stillsmiling

m.colak wrote: »

Your customer credit agreement should cover all details including the breakdown of payments (even if its approximate) over the length of the loan with an estimate on how much you are going to pay back.

Thanks. My agreement states the total loan amount, total PPI and the monthly amounts for each of those. But nowhere does it say the total amount payable over the term of the loan - which is partly why I thought the PPI wasn't covered by interest (with hindsight this was damn stupid of me!).

BTW congrats on the baby -shouldn't you be feeding, changing or burping the rugrat rather than being on here?!

m.colak

tiggrae wrote: »

Hey congratulations, how's the baby - what did you have boy or girl, weight etc. how's mum doing - you know all the details !!!

Hi tiggrae thanks for that baby is fine mum is a lot better (had a very bad tear followed by heamorraging followed by lots of blood loss (nearly lost her but she made it through so big thanks to all the midwives and nurse's at burnley delivery suite)) baby weighed 8lb 2oz as is baby luke (therefore boy boy boy yippeee). Both mum and son are now at home after a 14 hour labour and a 96 hour stay in hospital and mum is under house arrest. Not allowed to lift a finger so i am kept reasonably busy.

m.colak

Stillsmiling wrote: »

Thanks. My agreement states the total loan amount, total PPI and the monthly amounts for each of those. But nowhere does it say the total amount payable over the term of the loan - which is partly why I thought the PPI wasn't covered by interest (with hindsight this was damn stupid of me!).

BTW congrats on the baby -shouldn't you be feeding, changing or burping the rugrat rather than being on here?!

but surely it has the loan period and the number of payments give me the details and i'll work out the interest for you. PS only come on here when wifey and baby are asleep for a while.

daynurse

keep smiling. my policy is exactly the same loan amount ppi amount no mention of how much the loan is with interest over the 20 years in my case
what a con!!!

i am still waiting for the first response they gave me a date of 6/2/08
in the mean time have cancelled or tried to cancel ppi they offerred to rebate less than 20% ive wrote straight back to say its unfair etc

someone asked about the small claims court have been once logged my complaint in the sept on line went to court 3 of jan not long really it was not as bad as i thought informal small room the judge 2 tables in front of him and chairs behind
when you fill out paper work look for nearest county court to you and say you will struggle to travel elsewhere the company i took to court tried to get it moved nearer them so they didnt have to travel!!! shame went in my favour any way all in all it wasnt that bad and i won just ensure you have a good case........ its worthit

will log in later going to see the spice girls tonight taking my daughter whos 20 i may add lol.... hope my post helps

Former_MSE_Wendy

Hi all

If you havent started your PPI reclaim yet, want to find out more about what is involved and are willing to appear on Martin's new TV programme, It Pays To Watch, please read this post.


Thanks

Wendy

28 FEB - casetuides no longer needed thanks guys as the programme was on last night. Hope you like the programme if you watched it

mdj1

Hi Guys

A bit of advice please.

I had two loans with HFC bank, which were terminated in 2003. I'm sure these included payment insurance, but I no longer have the account numbers or details of the accounts.

Is there a way for me to get hold of this information?

m.colak

mdj1 wrote: »

Hi Guys

A bit of advice please.

I had two loans with HFC bank, which were terminated in 2003. I'm sure these included payment insurance, but I no longer have the account numbers or details of the accounts.

Is there a way for me to get hold of this information?

Yes you have to write to HFC main office requesting the information. If they are unwilling to do so then you must pass this as a complaint onto the information commisioner.

thetealady

HELP!

I have been in communication since November with the HSBC, regarding PPI sold on a credit card account I opened back in 94, which I haven't had for the past few years. I have received the standard bog off letters saying the normal " the documents were sent out, I should have read them etc etc etc. After the second reply I have sent a letter asking for a copy of my original application, no reply. 3rd letter sent for a second time, requesting copy of original application. Received a reply yesterday, saying the answer was still no, and due to the time span they no longer had a copy of the original application!!!!!

Where do I now stand. They are saying I should have been aware that payments were on the account, I don't have the original application and nor do they, so how can I prove I did not apply for it?

Also I do not have all the statements and have no way of reaching an amount that I think they owe, also would the figure only been based on payments made in the last 6 years?

What can I do now if anything, am so fed up with it all. Also have a loan with them which, so far have had the bog off letter. Am waiting for reply to second letter! I managed to sail through bank charge reclaiming on just 2 letters!

I seem to not be doing very well with this, is it just luck of the draw? Why does the same bank refund some and not others? I would be glad of anyone's advice concerning what I can do with this now. I don't want to approach the FSA, until I hear what they are going to do with my loan.

Thanks in advance to any help