PPI Reclaiming discussion Part II

sparky0107

Hello again
Having a go at Halifax credit card PPI reclaiming, if you don't mind can you take a look at my letter & see if I need to add or remove anything from it.

Thanks again for the help

Xxxx X Xxxxxxx

XX Xxxxxxxx Xx

Xxxxxxxx

Xxxxxxxx

XXXXXXXXX

XXX XXX

September 27th 2008

Halifax Card Services
Customer Services
Pitreavie Business Park
Dunfermline
KY99 4BS

Dear Sir or Madam,

Re: Account number: xxxx xxxx xxxx xxxx
I purchased the above policy from you October 2006 but now believe that I was mis-sold this policy for the following reason:

This is due to the fact that I was not given the correct information when the policy was sold to me, as

• I receive two years statutory sickness pay from my employer, and also I receive two years death in service benefit

• Because of the above benefits I receive from my employer PPI insurance would be an unnecessary policy for me to opt for

Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date which total £674.82. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made, which amounts to £53.27.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,

marshallka

di3004 wrote: »

If this is the case here then this is no fault of Pinknico, I would contact the FOS and suggest about GISC and that it has been checked (if the correct company shown as authorised 2001) that they were covered and request to re-submit her complaints and go from where they left off.

Not unless this is another company altogether who were not authorised at all
Need to get the correct FSA firm number to double check on this one I think:rolleyes:

Authorised in 2001 by the FSA does not mean that they were authorised for the sale of insurance. They would have been in 2005 and FOS are wrong to quote they were not until 2007. Like i say everyone selling insurance had to be so if pinknico sale was after 2005 then she needs to get back to the FOS and inform them that she think they have it wrong or if it was pre 2005 find out if they members of the GISC.

di3004

sparky0107 wrote: »

Hello again
Having a go at Halifax credit card PPI reclaiming, if you don't mind can you take a look at my letter & see if I need to add or remove anything from it.

Thanks again for the help

Xxxx X Xxxxxxx

XX Xxxxxxxx Xx
Xxxxxxxx
Xxxxxxxx
XXXXXXXXX
XXX XXX
September 27th 2008

Halifax Card Services
Customer Services
Pitreavie Business Park
Dunfermline
KY99 4BS

Dear Sir or Madam,

Re: Account number: xxxx xxxx xxxx xxxx
I purchased the above policy from you October 2006 but now believe that I was mis-sold this policy for the following reason:

This is due to the fact that I was not given the correct information when the policy was sold to me, as

• I receive two years statutory sickness pay from my employer, and also I receive two years death in service benefit

• Because of the above benefits I receive from my employer PPI insurance would be an unnecessary policy for me to opt for

Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date which total £674.82. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made, which amounts to £53.27.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,

Hi hun
Letter looks good and well done for making a start here.;)

As long as you feel all areas of the mis selling have been covered hun then I have nothing to add, if you would like Marshallka's and tiggrae's opinion here just in case as I'm sure they will also be able to let you know if there is anything to add.;)

The very best of luck, keep us posted, cheers.:D

Di.
x

di3004

marshallka wrote: »

Authorised in 2001 by the FSA does not mean that they were authorised for the sale of insurance. They would have been in 2005 and FOS are wrong to quote they were not until 2007. Like i say everyone selling insurance had to be so if pinknico sale was after 2005 then she needs to get back to the FOS and inform them that she think they have it wrong or if it was pre 2005 find out if they members of the GISC.

Yes thanks hun, this was penalty charges though lol.....:D , so a banking complaint then.....:D .

marshallka

sparky0107 wrote: »

Hello again
Having a go at Halifax credit card PPI reclaiming, if you don't mind can you take a look at my letter & see if I need to add or remove anything from it.

Thanks again for the help

Xxxx X Xxxxxxx

XX Xxxxxxxx Xx

Xxxxxxxx

Xxxxxxxx
XXXXXXXXX
XXX XXX
September 27th 2008

Halifax Card Services
Customer Services
Pitreavie Business Park
Dunfermline
KY99 4BS

Dear Sir or Madam,

Re: Account number: xxxx xxxx xxxx xxxx
I purchased the above policy from you October 2006 but now believe that I was mis-sold this policy for the following reason:

This is due to the fact that I was not given the correct information when the policy was sold to me, as

• I receive two years statutory sickness pay from my employer, and also I receive two years death in service benefit

• Because of the above benefits I receive from my employer PPI insurance would be an unnecessary policy for me to opt for

Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date which total £674.82. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made, which amounts to £53.27.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,

Was this a single premium policy?? If it was then why are you only asking for what you have paid to date - I assume it was charges on a credit card - if this is so then this looks good but if it was a single premium that you need to ask for the interest paid over the term of the loan too and to be put back into the position as if you never had the PPI.

Just seen the addy here and it was a card so looks good to me.

maxdp

sparky0107 wrote: »

Hello again
Having a go at Halifax credit card PPI reclaiming, if you don't mind can you take a look at my letter & see if I need to add or remove anything from it.

Thanks again for the help

Xxxx X Xxxxxxx
XX Xxxxxxxx Xx
Xxxxxxxx
Xxxxxxxx
XXXXXXXXX
XXX XXX
September 27th 2008

Halifax Card Services
Customer Services
Pitreavie Business Park
Dunfermline
KY99 4BS

Dear Sir or Madam,

Re: Account number: xxxx xxxx xxxx xxxx
I purchased the above policy from you October 2006 but now believe that I was mis-sold this policy for the following reason:

This is due to the fact that I was not given the correct information when the policy was sold to me, as

• I receive two years statutory sickness pay from my employer, and also I receive two years death in service benefit

• Because of the above benefits I receive from my employer PPI insurance would be an unnecessary policy for me to opt for

Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date which total £674.82. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made, which amounts to £53.27.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,

Hi Sparky

The 8% should not be of the final amount it needs to be from the date the payments came out of your bank account. If you put the amounts of PPI including interest and the date they came out into thee bank charges calculator this will do the sums for you.

If you have done this already then I apologise
Good luck:D

pinknico

di3004 wrote: »

Thx hun, so this is to do with banking then ?
Surely they could really look into this one

Store cards BHS GE MONEY TRADING AS GE CAPITAL BANK registered no.1456283

REFERREDTO AS GE MONEY CONSUMER LENDING LIMITED.


GE CAPITAL BANK LIMITED TRADING AS Mothercard (mothercare)

maxdp

Am I right in thinking that G E Money have already been fined , or am I on the wrong track:rolleyes:

This is the link http://www.fsa.gov.uk/pages/Library/Communication/PR/2007/015.shtml

di3004

maxdp wrote: »

Am I right in thinking that G E Money have already been fined , or am I on the wrong track:rolleyes:

This is the link http://www.fsa.gov.uk/pages/Library/Communication/PR/2007/015.shtml

You beat me to it hun, thanks for adding this.;)
I assume they are all part of the same group.

di3004

pinknico wrote: »

Store cards BHS GE MONEY TRADING AS GE CAPITAL BANK registered no.1456283

REFERREDTO AS GE MONEY CONSUMER LENDING LIMITED.


GE CAPITAL BANK LIMITED TRADING AS Mothercard (mothercare)

Thanks hun
So is this the actual address here then?

Capital House
2 Bruntcliffe Way
Morley
Leeds
West Yorkshire
LS27 0JG