PPI Reclaiming successes and failures

di3004

Lusty wrote: »

Hello again.I just thought that I would show everyone the final letter that I have penned to Lloyds before I involve the FOC.Constructive comments welcome.


Dear Mr Barstard

Thank you for replying personally to my letter.
Anyway lets look at some of the points you have raised.
You said that there is a 30 day cooling off period during which I could have cancelled the policy outright.
Yes this maybe the case but at the time I firmly believed that I had no choice and had to take out the PPI.At no time was I ever informed by the Lloyds representative that this insurance was voluntary and and I was under no obligation to take it.In fact I was told in not so many words that the credit wouldn’t be available if I didn’t take it.Since then I am now aware of my rights.
You said that “When you agreed to the loan,the cost of the protection was added to the original amount you asked to borrow. We charge interest on the whole amount borrowed. If you decide to refinance the loan,you will receive a partial rebate on the additional amount attributable to the loan insurance”.
You’re the ones who wish to refinance the loan,not me as I was cajoled into taking out the PPI in the first instance(see earlier correspondence).
I feel that in this instance we have agreed to disagree and I’m going to ask the FOC to arbitrate.
Yours Sincerely
Lusty

Good luck.......:D;):beer:

di3004

runydoo wrote: »

Thank you to everyone on the Martin Lewis site. I have today received an offer of 3,774.59 which I am going to accept!
:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T

Well done and Congratulations, what a lovely amount, good one !
:beer::T:beer:

Beatlefan

Lusty wrote: »

Hello again.I just thought that I would show everyone the final letter that I have penned to Lloyds before I involve the FOC.Constructive comments welcome.


Dear Mr Barstard

Thank you for replying personally to my letter.
Anyway lets look at some of the points you have raised.
You said that there is a 30 day cooling off period during which I could have cancelled the policy outright.
Yes this maybe the case but at the time I firmly believed that I had no choice and had to take out the PPI.At no time was I ever informed by the Lloyds representative that this insurance was voluntary and and I was under no obligation to take it.In fact I was told in not so many words that the credit wouldn’t be available if I didn’t take it.Since then I am now aware of my rights.
You said that “When you agreed to the loan,the cost of the protection was added to the original amount you asked to borrow. We charge interest on the whole amount borrowed. If you decide to refinance the loan,you will receive a partial rebate on the additional amount attributable to the loan insurance”.
You’re the ones who wish to refinance the loan,not me as I was cajoled into taking out the PPI in the first instance(see earlier correspondence).
I feel that in this instance we have agreed to disagree and I’m going to ask the FOC to arbitrate.
Yours Sincerely
Lusty

Great letter !! Good luck!

amersall

runydoo wrote: »

Thank you to everyone on the Martin Lewis site. I have today received an offer of 3,774.59 which I am going to accept!
:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T:j:T

well done to you:money::money:

Bankcharges_Query

Can anyone advise if a company called Endowment Justice, Churchman Business Park Gloucester is still in business. They have my bank statements and I cant contact them, they have not contacted me at all recently. I am very concerned.

di3004

Bankcharges_Query wrote: »

Can anyone advise if a company called Endowment Justice, Churchman Business Park Gloucester is still in business. They have my bank statements and I cant contact them, they have not contacted me at all recently. I am very concerned.

Hi there

Found them here, on Companies House search, they are currently active but proposals to strike off:

Name & Registered Office:
ENDOWMENT JUSTICE LIMITED
C/O LANCASTER CLEMENTS
STANLEY HOUSE,27
27 WELLINGTON ROAD, BILSTON
WEST MIDLANDS
WV14 6AH
Company No. 04792722

Status: Active - Proposal to Strike off
Date of Incorporation: 09/06/2003

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
7414 - Business & management consultancy

toniabbey

I am very thankful to everybody in moneysaving expert, i wrote a letter to halifax last month regarding my personal loan with ppi being mis sold to me using your template, today they have refunded £1,181.:j

salem12

My brother just got told he will NOT have to pay the £5000 of a loan he took out back in 2007 for a car from CARCRAFT because he was sold the insurance protection in with the car so CHECK IT OUT IF YOU ARE STILL PAYING FOR CAR THAT INCLUDED THE INSURANCE PROTECTION

salem12

my brother bought a car in 2007 from carcraft on HP the agreement and was he had to have the ppi with the car.
he had a phone call last week saying he just had to pay £300 back he still owed £5000 but does not have to pay any more money because of the miss-selling of ppi

di3004

toniabbey wrote: »

I am very thankful to everybody in moneysaving expert, i wrote a letter to halifax last month regarding my personal loan with ppi being mis sold to me using your template, today they have refunded £1,181.:j

Great news, Well done and Congratulations.:beer::T:beer: