PPI AA Fin. Serv. Centrica Bank of Scotland

[estela]

Hi all
I have been reading some of your threads and I think I have a case for reclaiming the PPI from AA Financial Services (Centrica Personal Finance |Limited) that I think is Bank of Scotland could anybody confirm this!! who do I have to send the letter.
I got a loan in 2000 in the Credit Agreement Particulars of Loan 10000 + 1860 AA Creditcare Basic total loan 11860 . I also have a Bill Protection Plan Acceptance Form (St Andrews Insurance plc that I think I never signed as I have the form here it was dated a month later of the agreement it states monthly bill protector benefit 100 monthly bill protector premium 5.95 this have a Summary of Cover. I think this is something else.
I cancelled the AA creditcare basic 7 months later when I realised that I could then they credit my account with 1362.86 so they charged me 497.14 for 7 months of cover.
Can I reclaim the £497.14???
Thanks for any help with this

[old_andrew2007]

bump

[hellhasnofury]

Originally Posted by estela

Hi all
I have been reading some of your threads and I think I have a case for reclaiming the PPI from AA Financial Services (Centrica Personal Finance |Limited) that I think is Bank of Scotland could anybody confirm this!! who do I have to send the letter. You send the letter to whoever sold you the ppi. I would think it would be AA Financial services.
I got a loan in 2000 in the Credit Agreement Particulars of Loan 10000 + 1860 AA Creditcare Basic total loan 11860 . I also have a Bill Protection Plan Acceptance Form (St Andrews Insurance plc that I think I never signed as I have the form here it was dated a month later of the agreement it states monthly bill protector benefit 100 monthly bill protector premium 5.95 this have a Summary of Cover. I think this is something else.
I cancelled the AA creditcare basic 7 months later when I realised that I could then they credit my account with 1362.86 so they charged me 497.14 for 7 months of cover.
Can I reclaim the £497.14??? Yes
Thanks for any help with this

Hello and Welcome,

I have put a couple of comments above for you.

You need to work out how much interest they charged you for the ppi

The £1860 would have attracted interest as well. Can you post up what it states on your credit agreement please

[estela]

Originally Posted by hellhasnofury

Hello and Welcome,

I have put a couple of comments above for you.

You need to work out how much interest they charged you for the ppi

The £1860 would have attracted interest as well. Can you post up what it states on your credit agreement please

Thank you for your comments and my credit agreement shows:
Advance A 10000
AA Creditcare B 1860
Amount o Credit (A+B+C) D 11860
Total Charge for Credit E 3662
Total amount payable (D+E) F 15522

APR 10.9

Thats all in the credit agreement

[hellhasnofury]

Originally Posted by estela

Thank you for your comments and my credit agreement shows:
Advance A 10000
AA Creditcare B 1860
Amount o Credit (A+B+C) D 11860
Total Charge for Credit E 3662
Total amount payable (D+E) F 15522

APR 10.9

Thats all in the credit agreement

Hello estela,

On your credit agreement does it state the interest rate they used, or does it state it as the apr?????

How long did the term run for???? months/years

[estela]

Hi hellhasnofury

The term was 5 years
APR 10.9 it doesn't state the interest .
Now there is a part2 Credit Insurance where it says
"You apply for the following insurance cover AA Credit Basic
If you have applied for credit insurance you confirm that you have been informed of and understand the eligibility criteria and that you (and when married your spouse) meet those criteria
Name of insured date of birth"
The problem with this was that I was working hourly paid so they wouldn't pay if something happen with my job .

[estela]

Well well I have been looking into other accounts loans I have and found more ppi, one is also with AA . Now I remember that this was like a bank account and I am sure it had a card and that was Bank of Scotland but I also have found a statement at the bottom is a bank giro credit (to pay and it is for Capital Bank Plc so now I don't know who is the company I had to ask for their AA credit care back, This was charged monthly and of course some months like at the beginning £3.45 but then £18.94

I am sure I had more I am going to look at my files I now think it was good to keep old statements.

[estela]

Originally Posted by hellhasnofury

Hello estela,

On your credit agreement does it state the interest rate they used, or does it state it as the apr?????

How long did the term run for???? months/years

Hi hellhasnofury

The term was 5 years
APR 10.9 it doesn't state the interest .
Now there is a part2 Credit Insurance where it says
"You apply for the following insurance cover AA Credit Basic
If you have applied for credit insurance you confirm that you have been informed of and understand the eligibility criteria and that you (and when married your spouse) meet those criteria
Name of insured date of birth"
The problem with this was that I was working hourly paid so they wouldn't pay if something happen with my job .

[estela]

HI

Can anyone tell me how do you work out the interest that you have to claim back, for the ones that are charged monthly and the ones in one lump sum.

Thank you

[estela]

Hi

Can someone help me with the interest bit. I have read some posts that add 8% is that correct????

I have also found an agreement that states PPP eligibility full time employment or Self employed .

Do you send a detail form with the charges like with bank charges I mean when a monthly charge for PPP.

Thanks