PPI Reclaiming - Fuzzgun Vs M&S Money

beaujolais-nouveau

petermb wrote: »

Yes that is exactly what I thought. M&S are acting as an introducer to a third party insurance company. That sheds a totally different light on the subject. You will now have a valid legal claim against them rather than just a mis-selling complaint. By setting up the insurance they are likely to have broken the law of the land and you will be entitled to redress.

This post of yours caught my eye. Please could I ask: does what you say in your last sentence apply to banks, too? Last week, I sent a letter to Lloyds TSB explaining how I could never have claimed against the PPI sold with their credit card, and demonstrating how Lloyds TSB must have known that at the time. I still have the paperwork, and the policy was with London and Edinburgh. I got a telephone call two days later from L&E, just to check my ID, and they said they were forwarding my letter on to another Lloyds TSB department that dealt with insurance on credit cards.

London & Edinburgh are not part of Lloyds TSB, as far as I am aware (and were not at the time, in late 2002); and Lloyds TSB certainly introduced my customer to L&E. Which law did they break, if they did?

petermb_2

beaujolais-nouveau wrote: »

This post of yours caught my eye. Please could I ask: does what you say in your last sentence apply to banks, too? Last week, I sent a letter to Lloyds TSB explaining how I could never have claimed against the PPI sold with their credit card, and demonstrating how Lloyds TSB must have known that at the time. I still have the paperwork, and the policy was with London and Edinburgh. I got a telephone call two days later from L&E, just to check my ID, and they said they were forwarding my letter on to another Lloyds TSB department that dealt with insurance on credit cards.

London & Edinburgh are not part of Lloyds TSB, as far as I am aware (and were not at the time, in late 2002); and Lloyds TSB certainly introduced my customer to L&E. Which law did they break, if they did?

Hi, lenders have a major issue with ppi. Technically the way this cover is set up forms breach of contract. It is far more critical when it is single premium added to the loan, however there is still a valid claim against your bank.

I would leave it a while as we have a number of test cases with solicitors at this time. keep in touch and I will advise how these cases have proceeded.

beaujolais-nouveau

petermb wrote: »

Hi, lenders have a major issue with ppi. Technically the way this cover is set up forms breach of contract. It is far more critical when it is single premium added to the loan, however there is still a valid claim against your bank.

I would leave it a while as we have a number of test cases with solicitors at this time. keep in touch and I will advise how these cases have proceeded.

Thank you. The grounds for my claim are (a) as I am the sole director of two small limited companies, (b) I have a "history" of breast cancer, and (c) I was not told that I could buy "stand-alone" cover (which would have been cheaper), the PPI was mis-sold to me. Apropos (b), I think that just saying - in the little booklet they send you - that pre-existing medical conditions are not covered is too blunt when it comes to things like breast cancer (for which I was treated, successfully, 17 years ago). I am certain that, had I subsequently been diagnosed with ANY form of cancer (ie even if it were shown that it was not metastasis from the breast cancer), I would not have been able to claim against the PPI.

margo123

I have been corresponding with Lloyds TSB re PPI on a credit card since October 2007. First of all I asked for details of total amount paid, didn't received this. I then asked for a full refund which they refused. They sent me a copy of the agreement with my signature. Obvously someone had filled it all in and it was sent just to be signed.

I then passed my case to the Financial Ombudsman, on 26th January I received a letter from them stating that they will pass my compaint to a case worker. I have had two further letters, the last on 25th March saying that they are so busy they have not yet looked at my case.

It looks like there's a long road ahead

petermb_2

beaujolais-nouveau wrote: »

Thank you. The grounds for my claim are (a) as I am the sole director of two small limited companies, (b) I have a "history" of breast cancer, and (c) I was not told that I could buy "stand-alone" cover (which would have been cheaper), the PPI was mis-sold to me. Apropos (b), I think that just saying - in the little booklet they send you - that pre-existing medical conditions are not covered is too blunt when it comes to things like breast cancer (for which I was treated, successfully, 17 years ago). I am certain that, had I subsequently been diagnosed with ANY form of cancer (ie even if it were shown that it was not metastasis from the breast cancer), I would not have been able to claim against the PPI.

You are almost certainly correct and you stood no chance of claiming on the policy. the good news for you is that because of the ppion your loan you can challenge the loan itself. Even better news is that you can do this even if your loan has been repaid. So get digging those old agreements out.

beaujolais-nouveau

petermb wrote: »

You are almost certainly correct and you stood no chance of claiming on the policy. the good news for you is that because of the ppi on your loan you can challenge the loan itself. Even better news is that you can do this even if your loan has been repaid. So get digging those old agreements out.

Thank you.

fuzzgun19

Just an update.
Just had a phone call from the ombudsman, asking a couple of questions. Not sure why they called me, as I had already answered the same questions in my claim form statement...
The ombudsman guy said he had more questions for M&S Money, and would be in touch.

This is taking ages!

simoncarrington

Thanks for the update FuzzGun19 and I hope you get sorted out.

fuzzgun19

Regeived the following letter today. Looks like the result I wanted!

Just have to wait for contact from M&S now

fuzzgun19