PPI Reclaiming discussion Part II

di3004

marshallka wrote: »

Hiya Di, glad you answered this one. Another "Clicker".:D

Lol, thanks hun.....:D , so I'm not on my own then......:j .

I should be receiving a reply from Click any day now, so fingers crossed.;)

And not seen the postie up to now again.....:mad: .

Sooooo damn frustrating !:mad:

marshallka

embarrassed_about_my_debt wrote: »

The lender at the time was Norfolk & Suffolk Finance Ltd (Now General Capital Finance Ltd)

I just wondered if you could claim again as a "trading as" if they were part of a group but cannot find anything. Perhaps the courts is your only hope then. Also you will have to be quick down this route as it becomes time barred after 6 years are up and its up in November.

How long was it with the FOS for???

embarrassed_about_my_debt

What do you mean by claim again as a "trading as" ?

About 3 weeks then i got this letter.

tiggrae

Pixiedust wrote: »

Hiya Tiggrae could you possibly help me with my post? Posted it a while ago but never got a responce from you...

Thanks!

oping someone can help me Im new here so hoping for some advice.

I took out a loan with firstplus in 2006 which PPI was added, I complained and my complaint was upheld.

The loan was a total of: £120k including ppi which was added at the start of the loan, I was told this was essential.

They have offered me the following:

1. A full refund of the insurance premium £18000 plus interest of £3500 to be applied to my loan account.

2. A refund of PART of the monthly payments paid towards the insurance policy of £4400 (£136 a month) in a refund via cheque.

3. A refund of £500 in a total amount of 8% interest on payments made directly via cheque.


Does this sound reasonible or should I be able to argue that I could get a full refund of the PPI directly via cheque?


Thanks! Pixiedust xx

If you went to the FOS then write to the adjudicator and state within the agreement you signed it was for the money to be paid back to you and First Plus are withholding this.

tiggrae

marshallka wrote: »

So i presume the limitations act still applies to misselling then...and other complaints..

yes it does

tiggrae

jimmyjames wrote: »

I am just about to send my letter to Barclays asking them to review their decision not to give me a refund and thought that I would have a look through my `statement of demands and needs` to see if there was anything that I had missed.

Stay with me!

In one section it says that I said `In the event of loss of income through unemployment, sickness or accident you have told us that you want to divert any remaining income or savings to maintain the repayments on your new borrowing in addition to these existing commitments.`

To me that says that I told them that in the event of becoming unemployed etc I would use my savings to cover the costs of the loan repayment.

Despite this statement barclays still recommended the insurance.

My question is, am I right in thinking the above statement says that I would use my savings or am I completely barking up the wrong tree?

Any help or assistance would be greatly appreciated in this matter

Regards

Jimmy

or you could read it that you're saying you'll continue to pay your loan before any other commitments !!

tiggrae

busbyh wrote: »

Hi, my son requested copy of terms and condition from Picture Financial as he had misplaced the original. On receiving the copy he found the original and compared it. The original stated total amount of PPI £8732, but the copy they send was an revised one. This stated £9530 plus interest= £16,100. If the total amount has been on the stated on the original he would not have taken it. Be aware and ensure you have received the terms and conditions applicable at the date of loan, I am hoping we have a case of mis sell.
Keep you posted
busbyh

Picture financial are in receivership - you'll have to make your complaint to the Financial Services Compensation Scheme if the loan was taken out after 15.01.2005

tiggrae

Busta wrote: »

thanks for that.... do all cases go to an ombudsman, or is it only the ones the adjudicator cannot solve?

an adjudicator will make decisions on whether a complaint should be upheld. If one of the parties does not like the decision they can ask for it to go before the Ombudsman - once the ombudsman rules this is binding upon both parties.

Normally though parties accept the decision of the adjudicator

tiggrae

thunders79 wrote: »

Hi
I have had a claim going on with E Loan since last year. They weren't helping and was messing me around so at the beginning of this year I took my claim to FOS.
I kept receiving a letter from them every month saying that my case still hadn't been passed to someone.
Last week I received a letter from them saying that FOS were not able to help me as E Loan are a company that aren't in a position to the money anyway and that my case had now been passed to FSCS.
Does this mean I have to wait another 6-9 months? this is a complete joke. Surely FOS knew this before. I am really annoyed as i was clearly misold the PPI but trying to get it back is proving to be REALLY bloody difficult. :mad:

I don't think you can blame the FOS eloans have only just gone out of business and have probably been dragging their heels over providing information to the FOS

Angel_A_2

whats a clicker????????????????

Am I a clicker...lololol

Hello, just passing and catching up.....phewweeee

Any Tips on the court process....Its just A BIT DAUNTING!!!!

It's me the RedCat Mission.....

Congrats on the new medals....I want one lol