PPI Reclaiming discussion Part II

singlep

As a trade body, not regulator, AFB cannot help but they would not want bad publicity. My other comments related to Picture. The Picture ceo was chairman of AFB and has now resigned. At least FPlus are retaining some staff for complaints etc.

marshallka

singlep wrote: »

As a trade body, not regulator, AFB cannot help but they would not want bad publicity. My other comments related to Picture. The Picture ceo was chairman of AFB and has now resigned. At least FPlus are retaining some staff for complaints etc.

AFB told me that they actually help the brokers really but i spoke to their director and I said to him that i feel that these companies are going to give them a bad name (when i have finished with them) and then he listened and said he would take my comments on board. I did not feel as though he would do anything though.

di3004

Almost there with a draft letter to Click, need to add a bit further details, will type it out properly tomorrow, please wish me luck folks, thanks.;)

And thanks to everyone who have given me the best information I could possibly have, I would not have known about.;)

Di.
xxx

teapotty_2

Hi

I'm new and after a bit of advice. I've recently been looking at ways on cutting back on my spending and came across this forum. I was wondering if somebody could advise on if I would possibly have a chance at reclaiming PPI.

In August 2004 I took out a £15,000 loan with Natwest over 4 years. This loan was to consolidate my Natwest debt (car loan, overdraft and credit card). At the time I was told I must take out PPI on the loan as the loan that was part of the consolidation already had PPI and therefore if I wanted to include it in my consolidation loan PPI was madatory. Does anybody know if this is the case? I applied for the loan over the telephone so I have no proof of this, would the fact I have no proof matter?


Also checking through my statements I notice I'm paying PPI on 2 of my catalogue bills, Simply Be and Naturally Close, I didn't even realise I was paying this (I know I should check my bills more closely!) do you know if anybody has successfully made a complaint against catalogue companies?

Thanks

Teapotty

marshallka

teapotty wrote: »

Hi

I'm new and after a bit of advice. I've recently been looking at ways on cutting back on my spending and came across this forum. I was wondering if somebody could advise on if I would possibly have a chance at reclaiming PPI.

In August 2004 I took out a £15,000 loan with Natwest over 4 years. This loan was to consolidate my Natwest debt (car loan, overdraft and credit card). At the time I was told I must take out PPI on the loan as the loan that was part of the consolidation already had PPI and therefore if I wanted to include it in my consolidation loan PPI was madatory. Does anybody know if this is the case? I applied for the loan over the telephone so I have no proof of this, would the fact I have no proof matter?


Also checking through my statements I notice I'm paying PPI on 2 of my catalogue bills, Simply Be and Naturally Close, I didn't even realise I was paying this (I know I should check my bills more closely!) do you know if anybody has successfully made a complaint against catalogue companies?

Thanks

Teapotty

I was told by the FSA that sometimes the PPI can be compulsory but did it state it in any terms and conditions. I would pursue your claim to natwest for both the ppi's if you did not want or need them. Was it a single premium? (where it was a loan on top of your loan so you would be paying interest on this for all the loan period)

di3004

marshallka wrote: »

I was told by the FSA that sometimes the PPI can be compulsory but did it state it in any terms and conditions. I would pursue your claim to natwest for both the ppi's if you did not want or need them. Was it a single premium? (where it was a loan on top of your loan so you would be paying interest on this for all the loan period)

Yes I agree with Marshallka, and there's no harm in trying.;)

Check through all your paperwork, and like what Marshallka asked, check the terms and conditions, but as there have been so much mis selling with this ppi product for many years or so, it wouldn't surprise me if it were optional and it was just added.
If you do not have all the paperwork, you could try requesting to see if the bank can send you any copies free of charge to save spending on a Subject access request, worth a try hun.;)

Di.
xx

di3004

Hi there Marshallka hunni.

Have you been on to companies house yet this morning to check out that firm ?

Cheers.
Di.
xx

marshallka

di3004 wrote: »

Hi there Marshallka hunni.

Have you been on to companies house yet this morning to check out that firm ?

Cheers.
Di.
xx

Singlep already answered it. It is now the place i already rang about Freedom/Bespoke (AFB) and as usual they don't really want to know. You have to think that they are getting money from these companies so its not in their interest to help us. Thats my view.

di3004

marshallka wrote: »

Singlep already answered it. It is now the place i already rang about Freedom/Bespoke (AFB) and as usual they don't really want to know. You have to think that they are getting money from these companies so its not in their interest to help us. Thats my view.

Thx hun, just realised now.;)
Will try to find the emails I've received from these companies, stating they are unable to help, annoying I think !:rolleyes:

teapotty_2

Thanks for the advice. I'll send a letter to Natwest today.