PPI Reclaiming discussion

gt568

joeraz wrote: »

Who do i address the letter too?
Its a high street bank, so who do i send it FAO
Loans Manager?
Loans Dept Manager?

Cheers

I just sent mine recorded delivery to the address of the branch. It'll soon get given to the right person.

treadinwater

Thankyou Sy1 for your detailed response. A letter was posted this morning addressed to the broker that sold me the policy. I'll let you know what happens.

vxrclair

I recently paid off a loan i had with first plus and i had to pay £6000 more than i borrowed because of the ppi could somebody please explain how i go about claiming this back or even if i can what template do i use

thanks

theholte

Hi, Can somebody help me. I have attempted to claim back PPI on a car hire purchase agreement but the response has been that this agreement with the company started before they were FSA authorised and that it is there understanding that this falls outside the Financial Ombudsman Service jurisdiction. What does this mean? Any advice gratefully appreciated.

jillie1974

some years ago we took out a secured loan with welcome finance the loan was for £25k but there was £11k for insurance i'm guessing. when we paid it off by consolidating it with our motgage we had to pay £33k and not the amount outstanding on the loan itself as they said they had lent us the money to pay for the insurance...
can we claim this back?

k1mmie

Have the same question with Welcome. They added another £4000 upfront. This loan replaced a car loan we had with them which had about £1600 PPI, but it was all cleared with the new arrangment. Should we have had a rebate on the PPI? The first agreement was only in place for 10 months then all repaid. Also feel this was mis-sold as my hubby was self employed and would therefore have not been covered should his short term contract have ended.

help_my_bob

Just had a reply from black horse saying they are dealing with my claim, and will be contacted, has anyone else had dealings with them, or proton finance

beamo2

My wife recieved a letter today from Abbey, responding to the 1st templet letter used from this site.
They have said

Dear Mrs Beaman
Thanks for telling us that you no longer need PPI for your abbey loan.

We've cancelled this for you. Your new monthly payments wil be ******, starting on 20 October 2007. We have passed your letter to our "Customer Complaints" dept regarding your insurance complaint.
If you have any questions please give us a call.

Yours blah blah blah


Ok a question.....
1. In the letter sent there was no mention to them to stop the PPI ( though I am glad they have) Is this a actuall statement of saying that they mis-sold the PPI?? If the PPI was accepted in the first place then surely they would not stop it unless it was mis-sold, especially as it has not been asked to be cancelled.
Does anyone have the answer or dealing with Abbey and had the same response.
Hopefully my wife will recieve more corraspondance from their Customer complaints dept.
Just a thought, do you think it would be a good idea to take up their offer to make a call, maybe to speed things up??

Thanks. Will keep you updated
Beamo

beamo2

Hi Everyone, I posted this in another thread but realised it may be best posted here for a response
Sorry if it was wrong to post again

My wife recieved a letter today from Abbey, responding to the 1st templet letter used from this site.
They have said

Dear Mrs Beaman
Thanks for telling us that you no longer need PPI for your abbey loan.

We've cancelled this for you. Your new monthly payments wil be ******, starting on 20 October 2007. We have passed your letter to our "Customer Complaints" dept regarding your insurance complaint.
If you have any questions please give us a call.

Yours blah blah blah


Ok a question.....
1. In the letter sent there was no mention to them to stop the PPI ( though I am glad they have) Is this a actuall statement of saying that they mis-sold the PPI?? If the PPI was accepted in the first place then surely they would not stop it unless it was mis-sold, especially as it has not been asked to be cancelled.
Does anyone have the answer or dealing with Abbey and had the same response.
Hopefully my wife will recieve more corraspondance from their Customer complaints dept.
Just a thought, do you think it would be a good idea to take up their offer to make a call, maybe to speed things up??

Thanks. Will keep you updated
Beamo

Christabel

My daughter took out a graduate loan from HSBC at what they called a 'preferential rate' but I think it was still over 7%. She rang to cancel it and they said she would have to take out another loan to cover the remaining debt and that it would be at a higher rate so she wouldn't be any better off.

Has anyone done a similar thing but managed to get the remaining debt at the original rate?

She is going under with this debt!