PPI Reclaiming discussion Part II

di3004

marshallka wrote: »

Wow Di, things are happening to your claims everyday:eek:

Its just the same as Firstplus closing. I don't think these companies can survive without the PPI sales. Maybe tiggrae could advise here.

Thanks hun and yes its seems we are jinxed as this would be the 3rd company we have tried reclaiming from......:mad: .

Maybe my only way forward here would be to try to pursue through their partner companies, the FOS did in fact send me details of both HFC and HSBC when we received the letter over a month ago to inform us they were unable to proceed due to Endeavour not then being regulated, they were also part of Beneficial finance and I do think these three partnership companies were regulated in 2001 or earlier, will have to check them out.;)

Hopefully Tiggrae will have some ideas for me, thanks hun.;)

Di
x

di3004

For anyone who wants further information about Payment protection insurance mis selling, and have not yet come across this on the main front page, especially newbies who may have missed this, here is the list some examples:

If any of the following applied to you at the time of the sale, you probably have grounds for complaint:

You were under 18, or over 65.

You worked less than 16 hours a week.

You were employed in a Temp or Contract basis.

You suffered stress or backache.

Had an existing illness.

Were aware you became unemployed.

Were not told the true cost of Insurance (or not told you were buying at all).

Was not asked about any other insurances.

Were told the insurance was necessary for you to get the loan.

Were not told that the same Policy could potentially be bought elsewhere.

Pressurised into taking the PPI cover.

tiggrae

marshallka wrote: »

No, Tiggrae, I think i have confused you here. Its two separate loans with them and as i said the first loan is within the jurisdiction for the sale of the ppi and the second loan just falls outside the jurisdiction but is within jurisdiction for the unfair rebate. Thats what i meant.:D

Am i allowed (as i already have done) to make the claims to FOS on the same form.

honestly, they are two different complaints and really should have been on two different forms - what did you put as the date the 'event' took place - I think you'll have totally confused the FOS - if you have a case number I'd contact them again and resubmit the complaint form and then put a 2nd one in for the 2nd complaint

tiggrae

di3004 wrote: »

Just read this now, did anyone or is anyone else aware of this ?:eek:

http://www.citywire.co.uk/Adviser/-/news/property-and-mortgages/content.aspx?ID=305861

I have just recently wrote to Endeavour Personal Finance too, so maybe its back to the HFC, any thoughts please folks, because I know the HFC were regulated I think 2001 or earlier ?

Cheers.

HFC isn't 'closing' it's closing to new business !!!

marshallka

tiggrae wrote: »

honestly, they are two different complaints and really should have been on two different forms - what did you put as the date the 'event' took place - I think you'll have totally confused the FOS - if you have a case number I'd contact them again and resubmit the complaint form and then put a 2nd one in for the 2nd complaint

Under the date I put both dates. I told FOS that I had had two loans. One i realised was within jurisdiction and it was taken out in December 2002 but the other was taken out in April 2001 so would be outside jurisdiction for the misselling but within jurisdcition if i could claim for an unfair rebate (settled July 2002). I don't think i have confused them as i worded it well. I will have to give them a call next week some time. I will ask for two new claim forms but i was in a rush as the July 2002 may be time barred as Co-op took 7 weeks to send out the copies of agreements.

marshallka

tiggrae wrote: »

HFC isn't 'closing' it's closing to new business !!!

same as Firstplus then.:j

jessiebessie

Hi all, I am new here so please be kind!!!!!!
Anyway I have been reading this forum for a while now and decided to try and claim my ppi back on various loans,credit cards etc.....
I have got a Lloyds TSB credit card,I have had it for over 10 years now the balance has fluctuated over the time.I am sure I have been mis-sold the ppi for the following reasons.....I was given the card with ppi whilst I was on a temporary contract,I have never been employed for more than the stated 16 hours or more ,I have an ongoing medical condition and I was under the impression it was something I had to have!!!!!!
I wrote to LTSB voicing my concerns and they have replied (7 weeks later) with a final response saying that they will not pay out as they don't believe I was mis-sold the ppi!
I am at a loss of what to do next ,any advice would be appreciated.This is MY money and I want it back...

marshallka

jessiebessie wrote: »

Hi all, I am new here so please be kind!!!!!!
Anyway I have been reading this forum for a while now and decided to try and claim my ppi back on various loans,credit cards etc.....
I have got a Lloyds TSB credit card,I have had it for over 10 years now the balance has fluctuated over the time.I am sure I have been mis-sold the ppi for the following reasons.....I was given the card with ppi whilst I was on a temporary contract,I have never been employed for more than the stated 16 hours or more ,I have an ongoing medical condition and I was under the impression it was something I had to have!!!!!!
I wrote to LTSB voicing my concerns and they have replied (7 weeks later) with a final response saying that they will not pay out as they don't believe I was mis-sold the ppi!
I am at a loss of what to do next ,any advice would be appreciated.This is MY money and I want it back...

You can make a claim for up to six years back...

You could go to FOS now if its within their jurisdiction.

jessiebessie

Hi,not sure of the exact date of sale it must have been around 1997/8.
If I go to the FOS what happens then? sorry for sounding a bit thick!!!never done this sort of thing before!!!!!

marshallka

jessiebessie wrote: »

Hi,not sure of the exact date of sale it must have been around 1997/8.
If I go to the FOS what happens then? sorry for sounding a bit thick!!!never done this sort of thing before!!!!!

You can download a complaints form here

http://www.financial-ombudsman.org.uk/consumer/complaints.htm

After that its goes before an adjudicator and they then get all the info from the company to try to find out if it was missold. There is a big waiting list and complaints are taking about 6 months but it is worth the wait. For it to go before the ombudsman then they have to have been members of GISC. If it was after 2005 then they have to have been registered by the FSA to sell insurance anyway. If they were not (you can ring and ask FOS about this) then FOS cannot help but its likely they were GISC members at some point.

You will only be able to go back to the date they were members of GISC though (and not more than 6 years ago) so find that out first and ask for a complaints ref number.