PPI Reclaiming discussion Part II

very_silly_and_scared

Thanks for the quick response

I have had a look through the forum but mine seems different because it started longer than 6 years ago and has ended.

I wont give up in that case... will write to ombudsman today and post tomorrow.

I paid back a fortune on this loan (over 3 thousand!) and left f/t work 4 months after I took it out to become a student again (which they know about) so it wasn't even relevant to me then!

Sorry so sound daft but what do I need to check the companies reference for?

Thanks again?

very_silly_and_scared

Sorry, that should have been

thanks again!

NOT thanks again? !!!! I am sure I want to thank you, it wasn't a question!!!!

dazzer26

hi ya di hows it going? got a letter yesterday from the fo my claim is now being passed on to the support team , my first loan with fp was taken out in nov 04 and was settled feb 06 when a new loan was arranged but have now found that fp were not registered with fsa until jan 05 my question is will the first loan be dismissed by the fo because it was taken out before they were registered although it was not settled until after registration.

di3004

very_silly_and_scared wrote: »

Thanks for the quick response

I have had a look through the forum but mine seems different because it started longer than 6 years ago and has ended.

I wont give up in that case... will write to ombudsman today and post tomorrow.

I paid back a fortune on this loan (over 3 thousand!) and left f/t work 4 months after I took it out to become a student again (which they know about) so it wasn't even relevant to me then!

Sorry so sound daft but what do I need to check the companies reference for?

Thanks again?

Hi hun and no your not daft lol, I'm still learning too...:D .

Right okay the reason why I mention about the firm number these can be checked on 'companies house' or if you want to google in 'FSA register' and write down the firm's name this will tell you if they were regulated, whereas if they were then when taking out the policy the FOS will not turn it away.;)

I imagine because its Barclays bank they would have been.;)

And not to worry about 'thanks again' ? lol, I know what you meant, in fact I am making some spelling errors today lol.:D .

Give us a shout hun if you need further help, but the complaint form will be on the 'FOS' website.;)

Good luck.
Di.
xx

di3004

dazzer26 wrote: »

hi ya di hows it going? got a letter yesterday from the fo my claim is now being passed on to the support team , my first loan with fp was taken out in nov 04 and was settled feb 06 when a new loan was arranged but have now found that fp were not registered with fsa until jan 05 my question is will the first loan be dismissed by the fo because it was taken out before they were registered although it was not settled until after registration.

Hi there Dazzer.;) okay thanks hun and you ?;)
Now I had this problem too hun.....:mad: , annoying isn't it ?
Okay Daz, not to worry we will still fight this.
There is a possibility the FOS may dismiss this, see what they come back with first, maybe FP were joined with someone else where you can try to pursue with them - where they were regulated at the time of you taking the product.

The FOS sent mine back from Endeavour personal finance, but I tried anyway, my loan was for over 25 years, taken in July 2004 and settled in full in Oct/Nov 2005.

I am now trying their other links, but if not successful I will try Endeavour again but on the unfair rebate side of things, I think the FOS will look at that because your not pursing on mis selling but the rebate.
You may have grounds to claim this if you think the rebate was very low.;)

There are ways around this Dazzer hun, so no giving up yet.:D

Di.
xx

marshallka

dazzer26 wrote: »

hi ya di hows it going? got a letter yesterday from the fo my claim is now being passed on to the support team , my first loan with fp was taken out in nov 04 and was settled feb 06 when a new loan was arranged but have now found that fp were not registered with fsa until jan 05 my question is will the first loan be dismissed by the fo because it was taken out before they were registered although it was not settled until after registration.

You could try Barclays Bank trading as Firstplus. That is what tiggrae does.

It has to be the date at which the sale was made and not the settlement date.

kinikki

dazzer26 wrote: »

hi ya di hows it going? got a letter yesterday from the fo my claim is now being passed on to the support team , my first loan with fp was taken out in nov 04 and was settled feb 06 when a new loan was arranged but have now found that fp were not registered with fsa until jan 05 my question is will the first loan be dismissed by the fo because it was taken out before they were registered although it was not settled until after registration.

Hi, Our loan with FP was taken out Dec 04 and still running.Fos have investigated our claim and upheld it but FP are fighting this so it has now been passed to ombudsman for final decision.Hopefully he will also uphold this
as on formal adjudication it states that he is unlikely to change result of adjudication.So if I was you I would go for it with the FOS as they are likely to look at your complaint as date is almost same as ours .Goodluck and don,t give up it may take a while but will be worth it in the long run.

tiggrae

very_silly_and_scared wrote: »

Thanks for the quick response

I have had a look through the forum but mine seems different because it started longer than 6 years ago and has ended.

I wont give up in that case... will write to ombudsman today and post tomorrow.

I paid back a fortune on this loan (over 3 thousand!) and left f/t work 4 months after I took it out to become a student again (which they know about) so it wasn't even relevant to me then!

Sorry so sound daft but what do I need to check the companies reference for?

Thanks again?

Hi the issue regarding the length of time is to do with whether Barclays came under the jurisdiction of the Financial Ombudsman before or after you took out your loan - they were registered on 01.12.2001 so if your loan pre-dates this the FOS cannot look at it. You do have the recourse to start proceedings within the County Court - however, I suspect if you do Barclays will attempt to have the claim struck out under the Limitations Act 1980- which states you cannot claim for a 'debt' which is over 6 years old - however, you can claim exemption under Section 34 of this Act, but it really will depend upon the Judge on the day as to whether he accepts this arguement.

di3004

kinikki wrote: »

Hi, Our loan with FP was taken out Dec 04 and still running.Fos have investigated our claim and upheld it but FP are fighting this so it has now been passed to ombudsman for final decision.Hopefully he will also uphold this
as on formal adjudication it states that he is unlikely to change result of adjudication.So if I was you I would go for it with the FOS as they are likely to look at your complaint as date is almost same as ours .Goodluck and don,t give up it may take a while but will be worth it in the long run.

Good advice Kinikki and the very best of luck with yours too.;)
Well worth seeing what the FOS says, it could go in your favour yet, fingers crossed to all.;)

Di.
xxx

tiggrae

marshallka wrote: »

You could try Barclays Bank trading as Firstplus. That is what tiggrae does.

It has to be the date at which the sale was made and not the settlement date.

First Plus are a part of the Barclays Group plc - if you go to the FOS as First Plus they will not look at your claim - so make your complaint against Barclays Group plc (trading as First Plus).