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PPI Reclaims not covered by the FOS
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So did you actually receive the £2000? If, so who are you paying?
Do you have a copy of the agreement?I am a former Broker, former IFA and former compliance officer, for my sins.
However, I have since seen the light.0 -
Can anyone help?
We took out a Loan and PPI with LL Processing (UK) Limited trading as Loan Line. After weeks of them ignoring us lots of phone calls they offered us £2000 then went into liquidation. The FOS said they can't help. Where do we stand, where do we go from here?
Hi there
I take it you posted on here because these were not covered by GISC or FSA when you had taken out this product with these, however if its not the case and the company were covered by any of these, also depending when you had taken this out - date ??? etc, you could always contact these here
http://www.fscs.org.uk/consumer/About_us/
This is the Financial Compensation Scheme, if the company or anyone else taken over these are unable to pay out you can reclaim through the above link. I would contact them just to check.;)
You can always post up on the PPI reclaiming -discussion thread if you want to about this because myself and others have these PPI complaints where we have our claims in with the above due to the company going into liquidation andor/dissolved etc.;)
Good luck
Di.
xThe one and only "Dizzy Di"0 -
Loan Line havent paid the £2000. They sent us the paper to sign and send back which we did, then they wrote and told us they had gone into liquidation. If we e-mail them it bounces straight back and the phone numbers just ring out then cut off.
We took the PPI with a Loan in 2005.
I have spoken to the FSCS today and they say as far as they know they are still trading as they havent been told that they have gone into liquidation. The FSCS has told me to ring the FSA and ask them if they know if LL Processing (UK) Limited trading as Loan Line has gone into liquidation.0 -
Loan Line havent paid the £2000. They sent us the paper to sign and send back which we did, then they wrote and told us they had gone into liquidation. If we e-mail them it bounces straight back and the phone numbers just ring out then cut off.
We took the PPI with a Loan in 2005.
I have spoken to the FSCS today and they say as far as they know they are still trading as they havent been told that they have gone into liquidation. The FSCS has told me to ring the FSA and ask them if they know if LL Processing (UK) Limited trading as Loan Line has gone into liquidation.
Yes good idea to check this out with the FSA, I will also see if I can find any information on these on "Companies house" company search, see if they can confirm anything on these.;)The one and only "Dizzy Di"0 -
blyth
Here is some information found on companies house, is that the address you wrote to? It still states they are active.....:rolleyes:
Name & Registered Office:
LOANLINE LIMITED
CITY TOWER
PICCADILLY PLAZA
MANCHESTER
M1 4BT
Company No. 05548722Status: Active
Date of Incorporation: 30/08/2005
Country of Origin: United Kingdom
And these:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Name & Registered Office:
LL PROCESSING (UK) LIMITED
CITY TOWER
PICCADILLY PLAZA
MANCHESTER
M1 4BT
Company No. 03141349Status: Active
Date of Incorporation: 27/12/1995
Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
6713 - Auxiliary financial intermed
:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Then I went onto the London Gazette and found this..........
Date: 30 September 2008 Issue Number: 58839 Page number: 14937 Publication Date: Tuesday, 30 September 2008
Notice Code: 2442
Meetings of Creditors
LL PROCESSING (UK) LIMITED
(Company Number 3141349)
(t/a Loanline)
Notice is hereby given, pursuant to Section 98 of the Insolvency Act 1986 that a meeting of creditors of the above-named Company will be held at 62 Wilson Street, London, EC2A 2BU, on 14 October 2008, at 11.30 am for the purposes provided for in Sections 99, 100 and 101 of the said Act. A proxy form must be lodged by Creditors, together with a statement of their claim, at the offices of Benedict Mackenzie LLP not later than 12.00 noon on 13 October 2008 to entitle them to vote by proxy at the meeting. The Resolutions to be taken at the Meeting may include a Resolution specifying the terms on which the Liquidator(s) is to be remunerated, and that the Meeting may receive information about, or be called upon to approve, the costs of preparing the statement of affairs and convening the Meeting. Information concerning the Company’s affairs will be available free of charge from the offices of Laurence Pagden, a licensed insolvency practitioner, of Benedict Mackenzie LLP, 62 Wilson Street, London, EC2A 2BU, 020 7247 1174, during the period up to the meeting of creditors.
J R Ward, Director
24 September 2008.
(623245)
on this link here
http://www.gazettes-online.co.uk/ViewGazetteDocument.aspx?src=search&atdocid=5316992&pg=1&GeoType=London&st=basic&all=loanlineThe one and only "Dizzy Di"0 -
We have been using this address
Loanline
Unit 2
Intec 4
Wade Road
Basingstoke
Hanpshire
RG24 8NE
Tel No 08705 800 900 or 01256 312500
.....................
LL Processing (UK) Limited
The OldLaundry
Bridge Street
Southwick
Fareham
PO17 6DZ
Consumer Credit Licence 421930 Regestered in England Number 3141349 FISA Regestered.
The man we had contact with was Jim Ward Operations Director
Thank you for helping we just don't know where to look to get any information0 -
We have been using this address
Loanline
Unit 2
Intec 4
Wade Road
Basingstoke
Hanpshire
RG24 8NE
Tel No 08705 800 900 or 01256 312500
.....................
LL Processing (UK) Limited
The OldLaundry
Bridge Street
Southwick
Fareham
PO17 6DZ
Consumer Credit Licence 421930 Regestered in England Number 3141349 FISA Regestered.
The man we had contact with was Jim Ward Operations Director
Thank you for helping we just don't know where to look to get any information
No problem and with pleasure, I do know how you feel here, we are also ripped off by a few grand too and the director is not taking any responsibility by saying now that company has dissolved there is nothing more he can do, yet he is still directing other loan companies......:mad: .
I am nipping out shortly but will be back a bit later, I will see if there is any other information but I was thinking maybe Companies house will be able to confirm who would be able to help you now, in case someone else has taken over these for this time being, its an idea, on the other hand the FSA are bound to confirm this to you.
I spend a lot of time on the PPI reclaiming-discussion thread, and sometimes others come along in the same situation, you can always see if anyone comes up for some answers for you, in case they have the same problem with the same company.
I will do all I can to help guide you here, and marshallka from the above mentioned site is hot at this sort of stuff too and maybe able to advise you also.
Catch you later, we will do all we can to fight for your money.;)
Di.
xThe one and only "Dizzy Di"0 -
LL Processing (UK) Limited or Loan Line in Manchester and LL Processing (UK) Limited or Loan Line in Basingstoke are one of the same, crafty using 2 address's
I have spoken to the FSA today and they have not heard of them going into liquidation but they did say it could be up to 2 weeks before they hear. The FSA put me in touch with the Insolvency Service (0207 291 6895) who confirmed what the FSA had already said.
I have e-mailed the FSCS with the page from the gazettes on wednesday but heard nothing back yet.
I have kept all paper work plus copies and e-mails from Loan Line Or LL Processing (UK) Limited or what ever else they call them selves.
So again we wait watch this space I will keep you informed0 -
In February 2007, I claimed on loan insurance with LLOYDS TSB as I was off work ill. They duly paid out. However, in September 2008, 18 months later, they contacted me and said they had overpaid by one month and demanded I repay 387.00. Where do I stand on this, e.g. length of time it took them to inform me, do I have to pay it back in one sum, etc.....
Any advice would be very helpful as to who should I contact regards this.0 -
orangeblackman wrote: »In February 2007, I claimed on loan insurance with LLOYDS TSB as I was off work ill. They duly paid out. However, in September 2008, 18 months later, they contacted me and said they had overpaid by one month and demanded I repay 387.00. Where do I stand on this, e.g. length of time it took them to inform me, do I have to pay it back in one sum, etc.....
Any advice would be very helpful as to who should I contact regards this.0
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