PPI Reclaiming discussion Part II

neilbadge

I was advised to re-post this message in this thread. I hope I have got it right.

I have been reading up on PPI reclaiming, but un-sure if I am eligible to go ahead with it.

I originally had a loan with Tesco, with insurance, I then moved the loan to Lloyds TSB and paid the original tesco loan off.

I am sure, but will need to check but I think my new Lloyds loan has insurance.

My question is, can I try and claim the insurance back from both the tesco and the lloyds loan?!?

I would appreciate any help or hints that anyone would like to share with me.

Neil.

di3004

neilbadge wrote: »

I was advised to re-post this message in this thread. I hope I have got it right.

I have been reading up on PPI reclaiming, but un-sure if I am eligible to go ahead with it.

I originally had a loan with Tesco, with insurance, I then moved the loan to Lloyds TSB and paid the original tesco loan off.

I am sure, but will need to check but I think my new Lloyds loan has insurance.

My question is, can I try and claim the insurance back from both the tesco and the lloyds loan?!?

I would appreciate any help or hints that anyone would like to share with me.

Neil.

Hi there Neil

Good to see you here and yes your in the right place.;)

Check out your paperwork for Lloyds and if you did not know you had the ppi and did not request this then you have a complaint straight away.
If you feel you were also mis sold on the other loan/ppi then get claiming.

Have you checked out the mis selling list on this site?
This may give you an example.

If the insurance was also front loaded and added on your loan and they did not explain this then I woud also complain as these work out very costly because you would be paying the extra costs here.

There are also others helper/members that come along here throughout the day and night, so keep a check in case someone else gives some good advice.

Just shout if you need further help here hun, anytime.;)

Good luck !
Di.
x

di3004

Neil

I will get the list for you - mis selling ppi.

This is Martin's page, read through and below that page there are templates you can use.

http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

neilbadge

Hi,
Thanks for the speedy reply.

I will go through that mis-selling ppi page, thank you.

Do you think that I will be able to claim from both Tesco and Lloyds. I am a little un-sure as I extended the loan with Lloyds to pay my tesco one off.

di3004

neilbadge wrote: »

Hi,
Thanks for the speedy reply.

I will go through that mis-selling ppi page, thank you.

Do you think that I will be able to claim from both Tesco and Lloyds. I am a little un-sure as I extended the loan with Lloyds to pay my tesco one off.

No problem and with pleasure.;)

Yes I would try to reclaim for both.
You go for it Neil hun and check out that list and see what you think you may have been mis sold for.
Also if you do use the onsite template, also add information that you think was not included in the list, and I always say to others here, keep it strong, wait for a reply, this should be within 8 weeks, if not successful get another one in until you receive your final decision.

If still unsuccessful this can then be pushed on to the Financial Service Ombudsman but we will deal with that one if it comes to it.;)

(Send by recorded post, this can be tracked down on the royal mail website then).
Di.
x

marshallka

di3004 wrote: »

Here is the Click reply hun and I'm not a happy chappy !!:mad:

Dear

I refer to your recent email regarding your complaint against Click Finance Ltd and recap our previous correspondence. The company has been wound-up and we referred you to the liquidators with regard to your claim. We have been instructed by the Liquidator to take this action whenever there is a query concerning Click Finance Limited as we no longer have any legal capacity in that company and are therefore not able to make any settlement offers on its behalf.

You now appear to be asking Click Financial Ltd to settle a complaint on behalf of another company for which it holds no liability. I am sure that you will appreciate that such an action by management would be unfair on the shareholders of Click Financial Limited and improper.

I would additionally state, however, that Click Finance Limited has never had to settle or recompense a customer for miss-selling and we have no evidence that it miss-sold in this circumstance. Your claim is that you have been miss-sold a Payment Protection Insurance policy but according to the copy letters you have provided, this policy was sold to you in 2004 and you redeemed the associated loan in 2005. We are therefore unable to understand why you did not make a complaint at that time and have waited for almost three years before raising this issue.

I have noted your comments about Click Financial Ltd being a phoenix company and would respectfully point out that you are mistaken in this assumption. The company was actually incorporated before Click Finance Ltd and has always traded in its own right.

My understanding is that Click Finance Ltd was not a member of the GISC.

Regarding the query you raised, any correspondence with Mr Teague should be addressed to this office. I appreciate that this email is not the response you would have liked but nevertheless we feel this is the correct response given the circumstances

Yours sincerely

Di, i bet you are fuming here. I cannot believe it myself. What are trying to say then about this new click. Are they saying it was nothing to do with the old click???

Wait to see what advice anyone better than myself on here can give. I think this needs some media attention now.

Why can't the OFT or FSA do anything

di3004

marshallka wrote: »

Di, i bet you are fuming here. I cannot believe it myself. What are trying to say then about this new click. Are they saying it was nothing to do with the old click???

Wait to see what advice anyone better than myself on here can give. I think this needs some media attention now.

Why can't the OFT or FSA do anything

Yes hunni I am fuming here.....:mad: .
But have not finished with them yet.

So why is the director the same director from the original Click and there seems to be a bit of contradiction there, did you notice ?
He states there is no evidence to prove this in his own words, so where would he get this information from ?:rolleyes: , certainly cannot be on the database if they cannot provide me with any paperwork when we requested this !!

I did actually email him back just to confirm we have received his correspondence and told him its only recently we have learnt about the mis selling of these products as such in the media and we would not have taken that cover if we knew we didn't have to and that we would have gone elsewhere for a cheaper stand alone.

Regarding the FSA & OFT I am waiting for a reply.;)

marshallka

di3004 wrote: »

Yes hunni I am fuming here.....:mad: .
But have not finished with them yet.

So why is the director the same director from the original Click and there seems to be a bit of contradiction there, did you notice ?
He states there is no evidence to prove this in his own words, so where would he get this information from ?:rolleyes: , certainly cannot be on the database if they cannot provide me with any paperwork when we requested this !!

I did actually email him back just to confirm we have received his correspondence and told him its only recently we have learnt about the mis selling of these products as such in the media and we would not have taken that cover if we knew we didn't have to and that we would have gone elsewhere for a cheaper stand alone.

Regarding the FSA & OFT I am waiting for a reply.;)

He himself actually stated in the media coverage that he founded this company in 2001. Its on the new site:mad: This new "click did not start up until 2006, am i correct??


Click, based in Farnham, Surrey, is one of the fastest growing independent secured loans and life cover specialists in the UK.
Originally branded Click Group, the company was founded in 2000 by its Managing Director, Steve Teague.
The current structure of the business was introduced in 2001 with the formation of its life insurance and loans brokerages. Since then, the company has grown to employ over 230 staff and has recently branded under the name Click.
Now Click is one of the biggest players in the independent loans and life brokerage sector, and continues to expand with a strong, top drawer management team.
Click has ambitious plans for imminent growth and is on course to become the UK's number one online financial services firms by 2010

di3004

marshallka wrote: »

He himself actually stated in the media coverage that he founded this company in 2001. Its on the new site:mad: This new "click did not start up until 2006, am i correct??


Click, based in Farnham, Surrey, is one of the fastest growing independent secured loans and life cover specialists in the UK.
Originally branded Click Group, the company was founded in 2000 by its Managing Director, Steve Teague.
The current structure of the business was introduced in 2001 with the formation of its life insurance and loans brokerages. Since then, the company has grown to employ over 230 staff and has recently branded under the name Click.
Now Click is one of the biggest players in the independent loans and life brokerage sector, and continues to expand with a strong, top drawer management team.
Click has ambitious plans for imminent growth and is on course to become the UK's number one online financial services firms by 2010

The Click I used dissolved in 2006, so I would take it they has started up from there.

I just do not know what their playing at, and did you also notice the part about "Phoenix firms" ? on his email ??

I was thinking, do you think I should email IFA, to see if these had anything to do with Click in 2004 ?

marshallka

onfo here

http://www.fsa.gov.uk/register/indivBasicDetails.do?area51=true&sid=538890

and a lots of trading names

Registered Name Click Financial Ltd 08/01/2005 Trading Name 1 Click Cover 22/03/2005 Trading Name 1clickincomeprotection 02/04/2005 Trading Name 1clicklifeinsurance 02/04/2005 Trading Name All About Insurance 22/03/2005 Trading Name Click 04/04/2007 Trading Name Click for Freedom 26/09/2005 Trading Name ClickCompare 28/10/2005 Trading Name Clicklife 15/03/2005 Trading Name Clickloans 15/03/2005 Trading Name Life Brokers 22/03/2005 Trading Name Life Insurance Services