Finally Debt Free After 34 Years, But Still Need to Live Frugally

[Deleted User]

HairyHandofDartmoor wrote: »

I haven't kept all of the paperwork. For example I have no paperwork for the Debenh@ms cards. But I do have statements for all the credit cards, some going back back as far as 2008 (1998 for the RBS Adv@nta card). I've no paperwork for the car loan.

I thought under the Plevin rule that you didn't have to prove it was missold, just having PPI was enough? Anyway DH has been fully self employed since 1997 so I think any PPI we had after that date probably was missold?

I will definitely read Martin's guide. I know we won't get money back from all of the accounts on my list, but that is a list of all the financial products we've had and so we can at least claim and see if any of them are successful.

Who dares wins as SSG said .

The Plevin rule is a fairly recent one and I was told that for it to apply your PPI had to still be active at some point since 2008. It sounds as if some of yours definitely were (lucky you:j:beer:) but mine definitely weren't:(. I understood that Plevin relates to the commission charged on the PPI and which people were never told about. People can be refunded under Plevin (for the commission element of it) even if their PPI policy wasn't actually mis-sold as such. Because your DH was self-employed when you took out the cards/loans you'll possibly qualify for both mis-selling and Plevin:j. I'm really excited for you:beer:. It's all very complicated though isn't it, not the actual reclaiming process but knowing what's what?

HairyHandofDartmoor

carbootcrazy wrote: »

HH. your diary is the most useful place on the whole of MSE at the moment:j. Such a mine of useful financial advice from everyone that would take ages to research elsewhere. Absolutely brilliant! I for one have learned so much today:T:T:T

Yes is has a font of information and knowledge :T.

doingitanyway wrote: »

You are sounding very motivated HH. Especially impressive given all the business with your Stepfather.
It will be great if some of the PPI claims are a s success. Nothing ventured, nothing gained and all that

Thanks DIA . It's good to have a distraction!

HairyHandofDartmoor

Seasidegal58 wrote: »

I must agree with daisy wholeheartedly here. I actually borrowed a few thousands pounds from my own daughter a few years ago as I had to extend the lease on my flat. When she found out that I was going to get a loan she insisted she loan me the money instead - i did pay her back in instalments each month. Her rationale to me when I initially ptotested was (a) it was daft to get a loan when she could lend me the money comfortably; and (b) she said that as I had supported her all through her higher education and when she was very lowly paid at the start of her career, she was more than happy to come to the aid of the party!:)

Your son knows you will pay him back and he's probably very happy he can help out when you've been going through such tough times.
X

Thank you SSG .

carbootcrazy wrote: »

The Plevin rule is a fairly recent one and I was told that for it to apply your PPI had to still be active at some point since 2008. It sounds as if some of yours definitely were (lucky you:j:beer:) but mine definitely weren't:(. I understood that Plevin relates to the commission charged on the PPI and which people were never told about. People can be refunded under Plevin (for the commission element of it) even if their PPI policy wasn't actually mis-sold as such. Because your DH was self-employed when you took out the cards/loans you'll possibly qualify for both mis-selling and Plevin:j. I'm really excited for you:beer:. It's all very complicated though isn't it, not the actual reclaiming process but knowing what's what?

Oh dear how confusing . I suppose all I can do is apply and then they'll tell me if I'm eligible. I don't know if I'll get it on all or any of them, but I'll hope for the best .

HairyHandofDartmoor

I've been on the phone to my dad and stepmum for an hour, followed by a phone call to my sister for an hour! So I need to unwind for a bit before I go to bed. It's lucky I'm only doing my Tesco shop tomorrow morning.

In the afternoon I'll look for more statements etc. I don't really feel I understand the Plevin rule or whether it was missold . I'm clever about some things but very stupid when it comes to financial matters . I guess all I can do is claim and hope for the best .

in_need_of_direction

Just submit and let the corporates worry about what’s eligible. Good luck with it all

HairyHandofDartmoor

Thank you INOD ). I mustn't give up before I've even tried .

[Deleted User]

in_need_of_direction wrote: »

Just submit and let the corporates worry about what’s eligible. Good luck with it all

I agree, INOD:T. They're used to people submitting ineligible claims, Financial institutions have whole departments within their businesses just dealing with PPI. It's their own fault they have to spend time and money on it and if they hadn't tried to hoodwink and fleece the public in the first place it wouldn't have been necessary:eek:.


Just apply, HH. the worst that can happen is that they'll say 'no'. It's not as if it's going to cost you anything to do it, unless you need to print something off and mail it to them. You have a great chance that they'll find in your favour:j


I'm rooting for you all the way:beer:

[Deleted User]

HairyHandofDartmoor wrote: »

Oh dear how confusing . I suppose all I can do is apply and then they'll tell me if I'm eligible. I don't know if I'll get it on all or any of them, but I'll hope for the best .

I hope I didn't confuse you:o


If you haven't done so already (and knowing how well you tackle things you already will have:A) please read Martin's advice on the whole PPI palaver. there's a lot on Plevin there.

Link reposted below but you'll have seen it elsewhere as other posters on your diary have added it too.

https://www.moneysavingexpert.com/reclaim/ppi-loan-insurance/

Good luck:beer:

HairyHandofDartmoor

Thank you Carboot . I get disheartened very easily but I must try not to . I will definitely carry on as I won't know unless I try.

HairyHandofDartmoor

I slept very badly last night for thinking about things too much . Hopefully I'll sleep better tonight.

I've got the food shop today. Because our oven isn't working I need to buy different things. I discovered last night that pies don't microwave well . So I need to buy thing you can cook on the hob, or microwave. So I'm thinking extra eggs, extra baked potatoes, tins of bean, sweetcorn, tinned tomatoes etc. Minced beef that can be cooked on the hob instead of anything with pastry that needs to go in the oven. Maye sausages that could be fried. No chips (I haven't even attempted to micowave the oven chips, would that work?).

I need to keep to a £50 budget ideally. We may be saving electricity anyway but not being able to use the oven, that's one consolation.

This afternoon I'm going to continue to look for PPI paperwork and try to have a more relaxing evening so that I sleep better.