PPI reclaim, I need a bit of help PLEASE

mommamoney

I have been reading all the info on this site for reclaiming PPI and I believe my partner could be able to claim.

In October 2002 my partner took out a loan with HFC and chose PPI offerd by HFC (provided by Hamilton). It seems the PPI was added to the loan.

Then in 2003 he was contacted by HFC asking if he wanted some more cash. He took them up on their offer and his original loan was re- written and he chose to add PPI.

Sometime later he went into the branch to find out why the loan had not being going down, bearing in mind that he had made a lot of payments to the original loan. He was then told that all payments made for the original loan for PPI, nothing had come off the loan at all!
So the re-written loan was for the full sum of the old loan, the new loan plus the new PPI and interest!
All the payments made for the original loan were for PPI taken out against a loan that had been completely re-written into the new loan. It was not explained to him that this would happen, he only found out when he went to query his balance.
Then, some time later, he contacted HFC to tell them he was now unemployed. He asked if the insurence coverd his resignation, it did not. He then cancelled the insurence in february 2004.

some time later we could not meet repayments so the loan was re-written again so we could make lower payments. This was then a 0% interest and as far as we know no PPI has been taken (the boxes are un ticked on the form). I am not sure if this would affect anything.

I have been going through the policies we have for the loans and it seems PPI was for joint life insurance on both loans! This loan was not my loan but I was insured for it! I was pregnant at the time of the first loan, I gave birth 8 days later, I was on maternity pay from work and not plaaning on going back. The second loan was taken (the re-written one) when I was a stay at home mom, unemployed but was still on joint life insurence. Neither policies coverd me for ASU . The loan was not mine, it was and still is (!) my partners, I have not signed any of the contracts or anything. I do not understand why he was sold joint life insurence for this loan or how they could sell it to him without my say so. :mad:

I think we have a case to reclaim but I am not sure what he can re-claim. I am not sure which bit of the Mis-sold he comes under.

Please can anyone advise me on what to do next?
ALL HELP IS GREATLY APPRECIATED. This loan has been a heavy choking chain around our necks for a long time, five years and he's still paying!
Thank you:beer:

mommamoney

Is there no one who could offer advice? Or is it just that you feel my partner is not eligable to reclaim PPI? Please let me know your oppinion.

Thanks

mommamoney

Got nearly £600 back yay! but I did think we were owed alot more but OH wanted the cash instead of pushing the bank!
It was his loan but the letter the bank sent us didn't really mention why he paid for joint PPI when he only required single. I was thinking of writing to the bank about it myself, but think I may just go staight to the abundsman as the bank seem to think that because other half had contract read out to him at time of purchase and he signed it, it is not their fault. Surely they deffinately owe him money for Joint life ppi when the loan was only his to pay? He's scared of the bank :mad: but I think he's more scared of me