PPI Reclaiming discussion Part II

marshallka

di3004 wrote: »

The £800 was the Eloan/Nemo complaint, this one now I am on about is that of Endeavour taken out in 2004 and settled in Nov 2005 lol.......:D

Endeavour is the form I'm filling in now for the unfair rebate:

Credit Agreement
regulated by the Consumer Credit Act 1974

Taken out July 2004 Settled 30 November 2005.

This loan was for £21,000 over 300 months
ppi £2835.00
Total = £23835.00

To settle after 16 months
was that of = £23646.04

Pqrt rebate of:
£1,553.59.

what were you repayments and apr

di3004

marshallka wrote: »

Di think you were on about endeavour and not the nemo one weren't you and i though it was about the other nemo one.

Sorry for the confusion here hunni.:o

I know I had added lots of different complaints the last few days, today I am dealing with that of "END" into the FOS form and just wanted to make sure I added the right information into the complaint form where it comes to the unfair rebate etc.:D

Nemo is the mis selling one.;) lol.
Aww bless you hun.;) :A

di3004

marshallka wrote: »

what were you repayments and apr

Repayments were that of £208.51 a month, and the Interest Rate 9.52 %per annum fixed for the first 12 months.

Then on the form it states
Monthly instalments £208.51
300months
apr 9.9%

Anne.Jade

marshallka wrote: »

Here a question for you to ask at work Anne.Jade.

Its about the limitations and money secured on property. If you have a mortgage and default on the payments etc then you can be chased for that debt for up to 12 years after.

If you have a ppi that is secured to a property then surely the limitations act should apply the same in that you can chase the money for up to twelve years after too.

I asked Tiggrae that one too and she did not know..

Hiya

I'll see what I can find out, the guy I would normally ask is on leave at the moment but will try and ask someone else and let you know

marshallka

di3004 wrote: »

Sorry for the confusion here hunni.:o

I know I had added lots of different complaints the last few days, today I am dealing with that of "END" into the FOS form and just wanted to make sure I added the right information into the complaint form where it comes to the unfair rebate etc.:D

Nemo is the mis selling one.;) lol.
Aww bless you hun.;) :A

Endeavour one is where rule 78 was used at settlement as i have just worked it out. I would now just send it in to the FOS and let them handle it. I asked tiggrae about figures and how they say what a fair rebate was and she told me she/FOS do not do figures they only ask if you think its a fair refund and if not then you and the firm have to work one that is.

marshallka

Anne.Jade wrote: »

Hiya

I'll see what I can find out, the guy I would normally ask is on leave at the moment but will try and ask someone else and let you know

I think its a fair argument here don't you???

Some of these PPI's are secured to peoples houses and then these companies are saying that they only have six years to complain and yet if the borrower owed the money to the company then they can chase for up to 12 years as its on the property.

di3004

marshallka wrote: »

Endeavour one is where rule 78 was used at settlement as i have just worked it out. I would now just send it in to the FOS and let them handle it. I asked tiggrae about figures and how they say what a fair rebate was and she told me she/FOS do not do figures they only ask if you think its a fair refund and if not then you and the firm have to work one that is.

Thank you hunni, I did think they used the Rule of 78 due to the dates they had done this, so best not to mention this then and leave to the FOS to deal with.
Thanks hun your a star as always.;)

marshallka

Di, you can check on here

http://www.drcalculator.com/calc/rule78.cgi

di3004

marshallka wrote: »

Di, you can check on here

http://www.drcalculator.com/calc/rule78.cgi

Aww thanks hun.;)
Will check that out then.

Soz forgot to ask you earlier with my head stuck in this complaint, did you see your GP after or are you feeling any better ?;)

marshallka

di3004 wrote: »

Aww thanks hun.;)
Will check that out then.

Soz forgot to ask you earlier with my head stuck in this complaint, did you see your GP after or are you feeling any better ?;)

Di, i don't do GP's anymore. I am not better and getting dizziness now as well but if it does not go end of week then i will go perhaps.:eek: .Its just a cold and no antibiotics work.

Freezing as well with no heating.