PPI Reclaiming discussion Part II

Laini

tiggrae wrote: »

just been thinking, I wonder what these companies say about me !!! bovvered :cool:

First Plus could write a novel on me!!
I have some hand written notes too- questioning our complaint in our SAR from NEMO
Laini x

di3004

tiggrae wrote: »

copy all the sheets with nasty comments on and send them off to their Chief Excutive - tell him his staff are rude and unprofessional and as you've now got the evidence you're going to sue his company for libel - in fact you could thank him for providing it !!!

Thank you so much for this and yes its a great idea.;)

I will crack on with this over the weekend, loads of photocopies to get on with, and keep you all posted.

Also thanks to everyone else who have added excellent info/advice for me , and thx Laini for letting me know these messages were left for me, your a real star too hunni.;) .

Di.
xxxxxxxxxx

TwinsMum_2

Laini wrote: »

just got this reply from FP at 4.15

[FONT=Tahoma, Arial]Thank you for your recent email correspondence regarding the refund of your payment protection insurance premium. I can confirm that we have received your acceptance form from the Financial Ombudsman Service and will be forwarding a cheque in respect of the refund and interest to you in the next few days along with details of the redress calculation

[FONT=Tahoma, Arial]I will be ringing her on monday for the figures[/FONT]

[FONT=Tahoma, Arial]its a nice birthday present[/FONT]
[FONT=Tahoma, Arial]me and my twin sister were 39 today we have decided to count backwards now so we never hit 40[/FONT]
[FONT=Tahoma, Arial]Laini xxxxxxxx:j:j[/FONT]
[/FONT]

WOOOOOOOOOOOOOOOH HOOOOOOOOOOOOOOOOH. They say 40 is the start of your life well I have 5 years to go, well 4 and half if I'm honest I started counting backwards after I reached 30 could never remember how old I actually was so I just guessed lol

di3004

marshallka wrote: »

That 4K is definately challengable. Were you informed of the commission. You need to look at "secret commission" in the CCA1974. Take a look at this and get complaining. http://www.oft.gov.uk/shared_oft/reports/consumer_credit/oft301.pdf
It was not regulated was it (under 25K). Its still excessive though and worth complaining about.

and this one too if it was unregulated

http://www.oft.gov.uk/shared_oft/reports/consumer_credit/oft301.pdf

Brilliant info hun, thanks so much indeed.

It was unregulated, the loan was fifty odd thousand with ppi added.

Will check these links out hunni.;)

Di.
xxx

angelwillow

tiggrae wrote: »

depends upon when you took out the insurance - they wern't under the financial ombudsmans jurisdiction until 15.01.05

It was April 2003 - does this mean I have already wasted 3 months waiting on the FO and could wait about another 3-6 for them just to tell me they can't help?

And does this apply to insurance only as they 'sorted' my bank charges complaint?

angelwillow

tiggrae wrote: »

that's ok then - basically, you're only redress against this company is to start court proceedings, if you'de lived in Scotland, dealing with a Scottish based company you would have had to use the Sheriffs court in Scotland which is a nightmare !!!

Can I ask why you say this as it may be my only option?

di3004

Some broker information when arranged through e-loan who provided us with a Nemo loan/PPI. (FIRST TIME WE HAVE SEEN THIS INFO DUE TO THE SAR RECEIVED TODAY WHICH WE DO NOT SEE OTHERWISE)

DATE: 18/11/2005

BROKER: e-loan

NAME (customer)

APP NUMBER: XXXXX

PLAN: 1

LOAN AMOUNT (EX PPI) £43,000.00

LOAN AMOUNT (INC PPI/FEE): £51,492.50

PPI AMOUNT: £8,492.50

APR 7.4
TERM 300

COMM RATE: 9.00%

COMM DUE: £3,870.00

PAID: £21/11/05

U/W: RT

Now does this sound like commission to you folks or have I got the wrong end of the stick ?

Cheers
Di.
xxx

leedspete_2

do i need to prove to welcome that i have a ppi that will cover my payments or are they just lying again

tiggrae

angelwillow wrote: »

It was April 2003 - does this mean I have already wasted 3 months waiting on the FO and could wait about another 3-6 for them just to tell me they can't help?

And does this apply to insurance only as they 'sorted' my bank charges complaint?

banks have always been covered by the FOS so they could sort out bank charges, but the independent lenders only came under the compulsory jurisdiction of the FOS on 15.01.05

tiggrae

angelwillow wrote: »

Can I ask why you say this as it may be my only option?

if you live in Scotland (?) and the Company you're dealing with is Scottish then you have to use the Sherriffs Court - their limit in the small claims court is £750, as apposed to the County Court in England which is £5000. Also, you have to issue writs and is quite complicated so you invariably need a scottish solicitor, whereas in England you can do it yourself