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magiciansgirl

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  1. Didn't need to do a spreadsheet as it was a straightforward claim and once I'd got the SAR I knew how much to claim, having paid off the loan itself in 2007. 8% interest on the PPI offered and accepted, also rebate of interest on the PPI paid so am satisfied. Will comment again when cheque received. Kind regards, MG
  2. Hi all, and Happy Christmas! Just wanted to report that Canada Square have now upheld my PPI claim (I started this thread). It has taken this long because they wanted proof of address before sending the SAR, then again when I had submitted the claim; moving this year may have been the reason but I did hint that I thought asking twice was a delaying tactic. after I had adapted a template letter to my circumstances they sent a questionnaire, and I took the advice on here and filled in the FOS one instead. Finally, in the week before Christmas they wrote to say they are sending me £2067. I am delighted by this as I had no idea there had ever been PPI so it really is worth following up if you get a letter out of the blue. (and recorded delivery every time, too). Thanks for the help everyone, and if the cheque is late I will use the 0800 number. Kind regards, Magiciansgirl
  3. Thanks, gentlemen! I feel encouraged and supported. So I won't admit to them this has all come as a surprise.....and don't worry, I won't take a phone conversation. I feel they must have ticked boxes without telling me, as I did know what PPI was earlier than 2007, and I'm not daft. (Well, a bit stupid to have shredded the paperwork - heigh ho - thought I was safe to do so 5 years after settling up). I've managed to find how much I paid off in 2007 by looking at bank statements online, and it was over £8000. I wouldn't have taken on a loan larger than £5000 in the first place as I've never had a credit card limit larger than £4500. Thanks again! MG
  4. Hello All I would be grateful for some advice. Out of the blue, I've received a letter from Canada Square Operations saying their records show I purchased PPI with an Egg loan. The loan was actually to repay the balance on an Egg credit card and the loan was suggested to me over the phone. I don't recall filling in a form. I can't remember the start date, but I settled the balance in November 2007. They've included a questionnaire for me to complete if I want to make a claim. My problems are: 1. I had no idea PPI was involved, and I understand from other threads that it is not a good idea to say this. 2. Since I didn't know about the PPI, I haven't got any paperwork on it at all; I kept it until a house move 2 years ago, dammit! SO Do I ask for an SAR - they probably do have the file as it's not yet six years since settlement? Otherwise there are a lot of questions I can't answer. However I am fairly confident that if an SAR reveals that PPI was involved that I will have a valid claim since: 1. I was self-employed and I had both an income protection plan and a critical illness policy with another provider 2. I have successfully claimed PPI from my bank To complicate matters I am moving house in 2 weeks' time. I gather they are pretty stern about proof of address. All help gratefully received! Kind regards, Magiciansgirl
  5. Hello, would be grateful for some advice here. My boyfriend recently did 57mph in a 50mph zone on the M1 in Yorkshire (roadworks) realised what he'd done and wasn't surprised to get a penalty notice. He's opted to do a speed awareness course rather than the fine and points. Then, and this was a complete surprise, he got a second penalty notice from Derbyshire for a week later, also a really marginal over the limit. South Yorkshire Police have sent his details to the awareness course providers, he's registered with them to do a course re: the M1 incident before September 2nd. The girl he spoke to says that you are only allowed to do one course (i.e. avoid points and a fine) every three years, so although the course covers off the South Yorkshire Police incident, he will have to take the fine and the points re the Derbyshire one. Is she wrong - she might not know the law? It crossed his mind that by doing one course, he might satisfy the requirements of both South Yorkshire and Derbyshire Police. He's not denying the fault, I should stress. Any help gratefully received; and I'm not hiding behind him - I don't drive! Kind regards, Magiciansgirl
  6. I wouldn't bother with a solicitor unless you have legal insurance cover. But here's a tip. I was lucky enough to be able to redeem my Blemain loan recently but their figures looked too high. So I took a copy to Trading Standards. They wrote just one letter to Blemain and then my early redemption charges were waived completely; nearly £2000. This is roughly the amount I thought they were overcharging so I didn't pursue it further. But they then did send me a breakdown of the figures which they earlier had not done. Trading Standards cost nothing; you should be able to find them via your Council or Consumer direct. Good luck! Kind regards, MG
  7. Update for anyone interested. B got back to my solicitor and they have waived the ERC entirely! Have not provided breakdown of admin charges as requested though. Trading Standards recommend paying to get the charge off, reporting them to the CCTA and FLA for not providing complete breakdown but saying without prejudice etc and not accepting the figures. Other advice a bit too confidential at the moment.... Kind regards, MG
  8. Thanks Frettful. Well, we applied for the figures a while ago now..... had to push to get them as per. I know the charges are mostly what I was expecting (if unfair etc) since I winkled a complete breakdown of charges to 31/10/08 from Blemain a year ago, when disputing their insurance charges. I have not incurred charges since. I also think I can see where the errors are as I believe they have added legal fees in twice. HOWEVER good news, I rang Consumer Direct yesterday, and Trading Standards in Glasgow will go through the figures with me, as soon as tomorrow. Not all TS offices offer this so I feel very lucky. And will obviously use any helpful information I find to help others. Thanks very much for the piece on the Rule of 78. I told my solicitor to write that they may not use this when making a calculation....
  9. ooops was trying to edit not resend.....sorry people:roll:
  10. Okay, 58 views and no comments. Beginning to wonder if someone on another thread there is very obvious answer to my question which people think I should have found myself. In truth have done a vast amount of searching with no luck. There used to be a FISA calculator but it's gone since they closed up. Am genuinely in need of help as my solicitor is dealing with the sale of the property as a priority - we are trying to complete a week today - so I want to give him chapter and verse and then let him attack them. I'm not wealthy, I've had a lot of bad luck, and the need for the loan was because I was the victim of a malicious neighbour whom I had to sue to get the right to sell my flat. Those legal fees nearly crippled me and the loan was to pay them. I was badly advised by the broker and didn't realise Blemain were sub-prime.... SO any help really really gratefully received. Kind regards, MG
  11. kay, 58 views and no comments. Beginning to wonder if someone on another thread there is very obvious answer to my question which people think I should have found myself. In truth have done a vast amount of searching with no luck. There used to be a FISA calculator but it's gone since they closed up. Am genuinely in need of help as my solicitor is dealing with the sale of the property as a priority - we are trying to complete a week today - so I want to give him chapter and verse and then let him attack them. I'm not wealthy, I've had a lot of bad luck, and the need for the loan was because I was the victim of a malicious neighbour whom I had to sue to get the right to sell my flat. Those legal fees nearly crippled me and the loan was to pay them. I was badly advised by the broker and didn't realise Blemain were sub-prime.... SO any help really really gratefully received. Kind regards, MG
  12. Hello all - am getting rid of Blemain at last by selling my flat. However I think their redemption figure is wrong. Got it on Friday and my solicitor hasn't commented yet, but I'm losing sleep. Their figures: Balance outstanding under Agreement: £40,399.23 Early repayment charge: £1954.96 (no breakdown showing how this was calculated) Total amount required to settle agreement: £46,73.44 (includes charges which are mostly correct) My figures: Loan amount: £37,838 Loan taken out October 2006 stated on agreement Total repayments to date: £23,843 SO adding what I have paid already to what they want this loan will have cost me £70,578.44 ie nearly twice the lent amount. N.B I did not take out PPI. Shouldn't there be a rebate for early settlement? I have seen rebates on other Blemain threads on the site. And I found this on the OFT site: The lender must provide a rebate on early settlement which is at least as favourable to the borrower as that calculated in accordance with the formula in regulation 4. This is intended to ensure that the borrower repays the outstanding capital, but not future interest or charges. The lender can omit certain items from the calculation, including brokerage fees and sums payable under certain linked transactions.e admin charge, legal costs and charges do look correct, it's the loan figure itself Any advice gratefully received. I need to give my solicitor enough ammunition to work with. Kind regards, MG
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