Kuffs1978 wrote: »
Already done that. The FOS are truly crap, as they claim that because GE effectively loaned the money to Norton to lend to my sis, GE aren't bothered where the repayments come from,and since Norton have gone bust, the only person who can pay it back is my sister. But as the policy was cancelled last April and therefore it's no longer being paid for, surely GE are obligated to restructure the loan payments? The original loan agreement stated that my sister should pay £13,259 upon full repayment, and we were informed last week that her repayment balance stood at at £13,034 at the moment. Even without the interest etc that the FOS awarded, my sister repaid £1,154 in PPI so surely she'd be within her rights to ask that the same amount be deducted from the £13,034 which leaves £11,880, which is just under £1500 short of the full £13,259. This situation, and this country generally stinks. The rich keep finding ways to make the rest of us suffer whilst they get richer, and it really is no surprise so many people are taking their own lives. A lifelong friend of mine did exactly that just under two weeks ago. He was a very unassuming, gentle chap who never did anyone any harm. He never gave any indication of being unhappy with his life, but because he was also affected by this country's despicable government cuts and was also owed money by Norton Finance and like us, was paying far more money on a loan than he should have, he decided that he'd had enough and took his own life by jumping off Beachy Head in Sussex. I have a horrible feeling that one day I will hear that my sister has done something similar, but I wouldn't blame her if she did.
cappo wrote: »
I'm sorry to hear about your friend that's terrible, what can i say kuffs you have a few options this is one see belowhttp://www.fscs.org.uk/?utm_source=Yahoo&utm_medium=cpc&utm_campaign=Brand
Or the cab might also be able to help, or go back to GE money and see what they say
Kuffs1978 wrote: »
Nice to know we're on the same page, as I spoke to the FSCS a week ago and they asked me to keep in touch to see whether Norton have officially gone into liquidation yet. The FSA have given me some advice and referred to their handbook on rulings and redress, and the CAB have had the Ombudsman's decision as well as a breakdown of my sister's income and expenses. I think they are hoping to put us in touch with some legal person. We've accepted that although the FOS ruled in our favour on the PPI, we're probably never going to see a penny of the money, so this whole thing has been a complete waste of time and energy.[/QUOTE
I know, it's soul destroying isn't it, absolutely rotten and as usual it's the consumer who pays the price, wishing you luck with this, It sounds like your doing everything you can.
emmaspice77 wrote: »
Hi im a newbie on here.
I have just submitted a claim to Picture in which ive got a secured loan with them. I took it out March 2007 for 23,000. They strongly recommended i take the PPI to help manage my credit!! They have since been taken over by Webb resolutions. I asked for a settlement figure last year as i wanted to try and either move the loan or pay it off! I worked out that I had paid of approx 13,800 i did not expect this to be all taken off as knew interest would be added. I was horrified when they came back to me and said it would be 25,822 as they had also added the PPI on!! I am hoping to get something back so i can try and reduce the loan as am desp to get rid of it!!!! has anyone had any successess with picture/webb resolutions???
Also I have had 4+ loans with HSBC all with PPI since 2000 does anyone think it may be worth trying to get that back?? Im employed and have been the whole time with 6months full pay/6 months 1/2 pay???
Would really appreciate some help am not very good at this kind of stuff!!!!
icmelerlovers wrote: »
i have just received letter from halifax upholding my complaint
on 4 loans .
it only took 2 calls and questionaire.
£1607.15 coming back into my account , im so happy :0)
i would like to thank the experts on here for their advice and help , these people give alot of their time for us and deserve all the praise . :T
now waiting on nationwide.
dilus wrote: »
Brilliant news icmelerlovers :T good luck with Nationwide
icmelerlovers wrote: »
i received letter today , its says i need do nothing and check will arrive , not sure of time scales they take
but it will be nice when in my hand
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