PPI Reclaims not covered by the FOS

Absolut_Wench

Bumping again ...

di3004

I will give it a bump too.;)

Absolut_Wench

Thanks Di

I'm trying to gather up the courage to take Next Directory to court for my PPI. I think its the only way I'll have a chance of getting it back, as the FOS can't help :rolleyes:

di3004

Absolut_Wench wrote: »

Thanks Di

I'm trying to gather up the courage to take Next Directory to court for my PPI. I think its the only way I'll have a chance of getting it back, as the FOS can't help :rolleyes:

Hi hun no problem, infact I see mine going this way, I am trying to pursue on an unfair rebate with mine with the lenders which are Endeavour as the last option with these because for the mis selling the brokers Click dissolved.

Endeavour the lenders were not registered when I had the loan with these in 2004, it was a 25 year secured loan with added ppi and paid off Nov 2005, (24 yrs earlier, and only given a part rebate), so it worth a shot - afterall we were deprived of this money.
But the way its going it will be court for me too.:D

Good luck with yours hun.;)

Di.
x

Angel_A_2

bump it up......keep it going!!!!!!!:D

michtestdriver

TSB/ use for Loan Protection Ins it is, underwritten by Lloyds
TSB General Ins Ltd & The Prudential.
For Payment Protection Ins it is, BY Norwich Union Life & Pensions LTD & London&Edinburgh Ins co Ltd
hope this is some help Jim

Julimk

The sale of general insurance has been regulated by FSA (and therefore within FOS compulsory jurisdiction - if UK company) since 14 January 2005.

The FOS can look at complaints about sales before this if the business was a member of a predecessor scheme such as GISC.

AND the FOS can consider complaints that are about an activity that is anciliary to a banking activity before Jan 2005, such as bank or building society sold a loan and the PPI is related to that loan.

It is not correct that FOS cannot consider a complaint about a sale more than 6 years ago. The relevant rule says that the event must have occurred less than 6 years ago OR were aware of a problem less than 3 years ago, whichever is later. So if only aware of a problem within last 3 years even if sale was more than 6 years ago FOS may be able to deal. And this rule only applies if the business raises a specific objection to the complaint being considered by FOS.

Full rules at:

http://www.fsa.gov.uk/Pages/handbook/

DISP rules are the ones that apply to FOS.

marshallka

Julimk wrote: »

The sale of general insurance has been regulated by FSA (and therefore within FOS compulsory jurisdiction - if UK company) since 14 January 2005.

The FOS can look at complaints about sales before this if the business was a member of a predecessor scheme such as GISC.

AND the FOS can consider complaints that are about an activity that is anciliary to a banking activity before Jan 2005, such as bank or building society sold a loan and the PPI is related to that loan.

It is not correct that FOS cannot consider a complaint about a sale more than 6 years ago. The relevant rule says that the event must have occurred less than 6 years ago OR were aware of a problem less than 3 years ago, whichever is later. So if only aware of a problem within last 3 years even if sale was more than 6 years ago FOS may be able to deal. And this rule only applies if the business raises a specific objection to the complaint being considered by FOS.

Full rules at:

http://www.fsa.gov.uk/Pages/handbook/

DISP rules are the ones that apply to FOS.

May be good to post this on the PPI reclaiming discussion thread as well.:D

dawnypops

smitchy73 wrote: »

I too have had a similar fob off from First Reponse Finance, advising me that it was before they were regulated by the FOS and the General Insurance Standards Council.
Their reponse to me was dated the same date as their acknowledgment letter, so their 'investigation' was very quick indeed!

I am planning to write back to them to challenge several matters from their letter.

I will keep this post updated.

I have just found this thread after months of browsing on PPI site.

Has anyone heard from smitchy73 as we are going through the same problem?

mainepuddytat

just filed a claim online against ge money for a ppi taken out in 2000 as a lump sum. loan paid back 2002 but no refund for ppi. wrote letters, rejected, went to ombudsman, couldnt help, contacted f.l.a., didnt want to know so im going it alone! they have until 9/10 to defend or acknowledge claim, so fingers crossed they dont bother, but if they do then im prepared to go all the way. bring it on all you big financial institutions! have had phenominal success reclaiming thousands from other companies so have the courage to take 'em on!

will keep you posted!;)