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Shery

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  1. Thank you DX! I sent the SAR to Welcome Finance on the 15 April & yesterday I received a bulk of paperwork through the post. Account 1 opened around Jul 2007 which was for £2000 with PPI worth £673.02 (+ interest of £478.53 bringing the total to: £1151.56). My father needed more money in Jan 2008 so he asked for another £2000 and they closed this account to opened another one with which would cover the outstanding on this account and give him another £2000. Also on the day of closure of account 1 they refunded £439.59 (labelled as "Insurance Rebate"). Account 2 started in Jan 2008 this one had my mum's name added to the loan too. PPI of £1448.24 ( + interest of £1029.70 bringing the total to: £2477.94) and Lifecare24 was also added for £195 (+ interest of £138.72 bringing the total to: £333.72) and as my Mum was added to the loan they added Lifecare24 for my mother too for£195 (+ interest of £138.36 bringing the total to: £333.36). All this from Account 2 equals £3144.99 In June 2008 the account was transferred to a new account, which from now we will call account 3. Account 3 started in June 2008 , it looks like a simple transfer to a new account. However a credit of £1040.97 was applied and labelled as "FSCS PPI REDRESS" in Jan 2012 which meant the loan came to an end 10 months earlier than original maturity. Note: The interest on loans was added on a monthly basis and none of the accounts 1&2 which had the products applied ever reached their full term so would some interest be removed which reclaiming? In account 1 only £673.02 was added at the start of the loan then the interest of the loan and product combined was added each month. Same with Account 2. & I got the interest figures from their own paper work which shows a price/product breakdown. Reasons for miss-selling PPI are that: My father was told that if he took out the PPI and Lifecare24 it would get the loan approved and it would speed up the process as he had little credit history & also it that it was compulsory with their loans. What are my next steps? What sort of amount will I get back? Thank you in advance!
  2. Shery

    Amex Gold Card

    I have a near perfect credit history: Vanquis Card (Limit: 1500), Mortgage, Car Loan: finished, and a few other credit entry which are green and no late payments! My over all borrowing is 11% from all my available credit ( this does change time to time as I want to improve my credit file) My score on Experian is 973 (excellent) Experian: 567 (excellent) Callcredit: Excellent My income is good over 32k, my question is will I get accepted for Amex Gold card? I have one default from 3 (mobile phone company) which is due to come off this October. It has been satisfied within 9 months of defaulting back in 2008.
  3. Thank you so much dx100uk! Would you advice I SAR them first or send in the template from link 1?
  4. I have found the credit agreement and it shows the breakdown of the PPI: "Payment Protection Policy in terms of months: 36 Price inc IPT: £673.02 Interest: £478.53 Total payable: £1151.56 Monthly payment: £31.99" The loan was for £2000 In the end it says: " Monthly payments: £95.06 Acceptance fee: £3.56 Insurance: £31.99 Total per month: £130.61" Which SAR do I send them? How much will I get back?
  5. Thank you, I'll be needing step by step help in reclaiming this PPI.
  6. Thank you, I'll get the SAR sent out on Monday! & Is it okay to leave the agreement number part blank as we don't know this? & should my father sign the SAR?
  7. My father took out a loan from Welcome Finance 6/7 years ago and then renewed it half way through as he needed more money. He has since paid off all of the amount and completed the agreement. He remembers that he had PPI on the loan, he never claimed on it though. How do we go on about re-claiming the mis-sold PPI? We can't find the agreement at the moment and Welcome Finance have closed down. Should we go through a claims management company? Thank you
  8. No the account didn't have any direct debts active on it and it was an overdraft of £1.94 that got bigger with their own charges and at the time in 2009 we didn't want to make a fuss and just wanted to end but last year we realised it was on the credit file and this year we want to apply for a mortgage but can't because of this stupid default! Over household income is very good but banks look at credit files more than anything! & yeah they didn't apply the default maker until 3 years after.
  9. My mother had an current account with Lloyd's TSB back in 2005, we then moved houses in July 2006 and as far as my mum was concered she had told them about the move and closed the account. She had already opened a current account with HSBC in as she wanted to bank with the same bank as my father. We were then contacted at our new address sometime in late 2009 I think and told that were owned them £214 and made this payment over the course of 3 months and that was it! When last year (2013) my mother applied for a credit card and she was turned down so we ordered her credit history from the 3 credit reference agencies and everything was good and clear expect the Lloyd's default which was defaulted April 2009 which means it will fall off April 2015! Back to when we got our first letter of saying we owned then £214 we asked then what is was made up of and we were told that the account went into a overdraft of £1.94p which then accumulated charges. My mother now has a Vanquis Card with a credit limit of £1,000 which has run for over a year with a 39.9%APR all because of one unfair default! Other then that her credit file is excellent with lots of finished greens and active greens! Do you think I should SAR them?
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