PPI Reclaiming discussion Part II

m.colak

Caz1965 wrote: »

Thank you. Didnt know I could just complain though I had to have the figures worked out as well.

No you only need the figures if you intend to take the matter to court yourself. In that case you will have to justify everything you are claiming. If you go throught the FOS they will carryout a full investigation plus work out if you are due compensation. If however they believe the company was in the right then that is when you should start court proceedings. Unless you are very confident that taking them to court will complete the issue quicker and you are already certain to what figure you should recieve back, and can successfully sue the bank with the evidence that you have already aquired.

Jaycee2411

m.colak wrote: »

You can claim unfair terms and conditions on the PPI because at the end of the day you paid the cover yet never received the benefits of the policy. If you had had made a successful claim then you wouldn't be intitled to claim. I would consider getting all the paperwork together including the original letter stating about the revised payment scheme (£300) and the one from paragon and send it into the Financial Ombundsman Service as it seems that you have been on the blunt end of a regirus campaign. Hopefully they can look into it (it might take some time though) and find that not only you shouldn't have been paying PPI but the practices of the other companies involved were unlawful and that you may be due compensation.

I haven't written to Paragon yet trying to claim the PPI. They'd probably tell me where to go anyway, but I suppose I should give them a chance to make things right first. Do you think? And if I don't hear back from them or get a negative response I'll get in touch with the FO.
Thank you for the advice and the speedy response. It's much appreciated!

angelwillow

m.colak wrote: »

Hi angelwillow before you start the court process check the website of the FISA as i'm sure that GE money were a member of them before the FOS so this is the route you should attempt next. Remember court should be the final method of getting your money back if you haven't tried all other options.

So what happens with them,do I write to them saying I am unhappy with G.E's response to my concern over mis-selling me ppi?

m.colak

angelwillow wrote: »

So what happens with them,do I write to them saying I am unhappy with G.E's response to my concern over mis-selling me ppi?

Pretty much exactly as you would do with the FOS i'm afraid and await the response.

linda_susan

have been paying ppi on credit card didnot know it was insurance until I read martins column in the paper wrote to tsb they said box was ticked and I should have known dont know what to do next

tiggrae

Jaycee2411 wrote: »

I haven't written to Paragon yet trying to claim the PPI. They'd probably tell me where to go anyway, but I suppose I should give them a chance to make things right first. Do you think? And if I don't hear back from them or get a negative response I'll get in touch with the FO.
Thank you for the advice and the speedy response. It's much appreciated!

you would need to get a final response from paragon before going to the FOS, they won't look at anything if you haven't been in contact with the provider first

tiggrae

linda_susan wrote: »

have been paying ppi on credit card didnot know it was insurance until I read martins column in the paper wrote to tsb they said box was ticked and I should have known dont know what to do next

Hi there, you need to read the thread on reclaiming PPI, it has all the template letters on there

sparky0107

Hi all,
Sorry to butt in, I placed a thread on here the other night asking about PPI reclaiming, and someone PM'd me with a link to a web site called protected investments Ltd, there was also a loan checker link, has anyone heard of this company before, any help would be greatly appreciated.
Thanks in advance for any response

tiggrae

m.colak wrote: »

Pretty much exactly as you would do with the FOS i'm afraid and await the response.

have to say though that on my experience GE pretty much ignore it if the FLA tell them they should repay - the FLA has no enforcement powers, but it's good evidence for a court case

tiggrae

sparky0107 wrote: »

Hi all,
Sorry to butt in, I placed a thread on here the other night asking about PPI reclaiming, and someone PM'd me with a link to a web site called protected investments Ltd, there was also a loan checker link, has anyone heard of this company before, any help would be greatly appreciated.
Thanks in advance for any response

never heard of them, but you should check and make sure they are regulated by the Ministry of Justice and registered with the Data Protection Registrar