PPI - Some Notes for Claimants..

[BaldyBaldwin]

"You shouldn't need long words for, "My money give it back" "

I know what you mean BB, but at least he will make it legable!!

Best of luck with your claim BB

[darftblerk]

How do you go about claiming PPI back when you never even signed up for it?

I'm currently asking Halifax back for PPI @ £500ish + £700 compund interest over the past 6 years.

I have a copy of the Application form that I used when opening tha ccount, noting on it indicates that I asked for PPI, even the box saying 'PPI Insurance' is not ticked.

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[car2403]

Originally Posted by darftblerk

How do you go about claiming PPI back when you never even signed up for it?

I'm currently asking Halifax back for PPI @ £500ish + £700 compund interest over the past 6 years.

I have a copy of the Application form that I used when opening tha ccount, noting on it indicates that I asked for PPI, even the box saying 'PPI Insurance' is not ticked.

Exactly the same way - ask for the money back, then pursue them until they pay.

If they don't have your agreement to take the payments, your sure to be successful in reclaiming them back.

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[Paintball]

Originally Posted by darftblerk

How do you go about claiming PPI back when you never even signed up for it?

I'm currently asking Halifax back for PPI @ £500ish + £700 compund interest over the past 6 years.

I have a copy of the Application form that I used when opening tha ccount, noting on it indicates that I asked for PPI, even the box saying 'PPI Insurance' is not ticked.

Hi

Can you start a thread in the PPI forum (if you haven't already). Then we can set about helping you reclaim your money.

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[Vain]

Hi not sure if this is the right place to post this am trying to claim back mis sold ppi from central capital we had a loan from swift which they have agreed to reduce amount to pay back and i can say they have been very good with this and don,t want too risk this as we are in process of selling as we were in arrears . am just getting confused as to the amount and interest i should claim for ppi but here goes

Total loan £34,095.00 over 300 months at apr of 14.52% monthly interest is variable starting at 1.2100%

PPI £4,773.30
so total loan is £38,868.30 over 300 months and inc ppi


interest is 14.52% apr
Monthly rate 1.2100% Variable

so i have calculated that
ppi interest since loan was taken is £1,559.44

total is £6,332.74 inc ppi and interest since loan was taken out ( so this is cost of ppi to date inc interest)

£4,773.30 ppi
£1,559.44 ppi interest to date
so am adding the following

£1,028.42 Statutory interest 8% on ppi
£410.52 statutory interest on ppi intrerest
with statutory interest added
total to claim is £7,771.68

Is thai right or have i gone off track hope this is the right place forgive me if not

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[Paintball]

Vain

Please create your own thread in the PPI forum, then people can help you.


Ah, I see you have

[Vain]

cheers thanks for that i realised i needed to do that an newbbie sorry for confusion

[N.P]

Originally Posted by bathgatebuyer

Here's a copy of the GISC guidelines for Private Customers. This is from their Rules which were operative between 03/07/2000 and 14/01/2005.

bathgatebuyer,

Do you have a link where I could download and print off a copy of these?

I have looked on the website but can`t find that information anyway. If anything, they site seems to be a home page for other sites.

I`d like to send a copy to Cetelem when I start my PPI claim, hopefully Monday.

Thanks



N.P

[bathgatebuyer]

Unfortunately not. I have the hard copy as I couldn't find these online. I had to contact the ABI and ask them if they had a copy of the guidelines they could provide me with which they did.

[determindator]

I will start a thread in PPI forum. I need to get info on int calcs on top of the original PPI amount plus taken out in 2003. I thought going back less than 6 yrs as bank charges was ok but not sure.

	Bank Charges You should have started your claim for your bank charges by now. Don't wait. You should send your bank a Subject Acess Request asking for all personal data they hold on you - not just statements. You should calculate all of your bank charges and related interest as far back as 1995. You should send your bank a demand for a refund giving them 7 days. You should commence your legal action adding 8% statutory interest. If you wait for the outcome of the test case, you may not be able to claim like this. you may not be able to claim interest. You may only be offered the difference between the charge and the OFT "fair charge". The repayment scheme will try to limit you to refinds from 2001 only. A repayment scheme will not deal with any bank charges related defaults on the credit register whereas in a court action you can ask for these to be removed and to be compensated for the damage caused to you and your family by them. You should also write to the bank and to the CRA and put all charges related credit entries in disupte and warn them that you will want them removed from the Register when the test case is over. Warn them also that you are likely to be seeking compensation for these wrongful data entries. Full and final settlement Have you previously accepted a partial repayment of your bank charges in full settlement? You will still be able to claim the rest of your money back after the Test case is decided. Get all your information back to 1995 and put in your claim now.

[car2403]

Originally Posted by N.P

bathgatebuyer,

Do you have a link where I could download and print off a copy of these?

I have looked on the website but can`t find that information anyway. If anything, they site seems to be a home page for other sites.

I`d like to send a copy to Cetelem when I start my PPI claim, hopefully Monday.

Thanks



N.P

I've just printed these screendumps and sent them to GE Money to tell them of their obligations in misselling me PPI.

Still waiting on a reply...

car2403 -v- GE Capital Bank

[alanalana]

Hello car,

try this link not sure if it is what you want but you will be able to check and advise me..

GENERAL INSURANCE STANDARDS COUNCIL CODE OF CONDUCT, LLOYDS UNDERWRITERS, MARINE SPECIALISTS, TRANS CONTINENTAL INSURANCE SERVICES GROUP - FREIGHT INSURANCE, CARGO INSURANCE, HULL INSURANCE, YACHTS INSURANCE, POWER BOAT INSURANCE, SAILING BOAT INSURA

hope this helps

aa

here is another

Insurance Law: Text and Materials - Google Book Search

[CRAGGER1980]

****MOVED****

Moved question to ppi section

[elliebell]

hi, i got a loan with welcome finance almost a year ago, over 3 years, with ppi, have finally got round to cancelling it, and have been told i will be credited 45% of my original premium. at the minute, i am quite happy with that, because i figure that i am teaching myself a hard lesson here, not to go for easy money.

but, i just realised, that although when i made the initial application i was employed, i was actually unemployed at the time of signing the agreement and actually receiving the money... do i have a case for reclaiming the full amount?

[Fred_Funk]

Originally Posted by elliebell

but, i just realised, that although when i made the initial application i was employed, i was actually unemployed at the time of signing the agreement and actually receiving the money... do i have a case for reclaiming the full amount?

Possibly. But that would depend on you having adjusted your employment status to 'unemployed' at the point you took out the loan. If you failed to do so then it could be claimed you took out the loan fraudulently, in which case you'd hardly be able top claim the PPI was mis-sold. If, however, the loan provider was fully aware of your status then you've probably got a very good case.

[elliebell]

i best just say nothing then, it was actually the day i got the sack that i signed the loan agreement and posted it off...

[Vain]

I have just recieved a letter form central trust in regards to mis-selling of my ppi ive just settled the loan which the ppi was added to they say they feel that they are unhappy with certain aspects and have offered £2000 now i have had to pay £10000 as the ppi was added to my loan so need to take this to FOS any help would be great i have the phone conversation and i would say that they did not go over the ppi and did not take all my circumstances into account.

	The Financial Ombudsman Service For the most part, don't bother. The Ombudsman is an industry arranged service which is under-resourced, takes too long, lacks clear transparency. You have no idea what evidence the FOS has received from the bank or how your complain has really been handled. The FOS is the preferred complaints route for the banking industry. The county court is to be preferred by consumers for its speed, openness, the quality of its awards and also because it will award 8% interest on top of any damages won by you. The Ombudsman should normally be used to solving little technical difficulties or customer service problems which you have expereinced with your bank.

[consumer59]

I took out a mortgage with HSBC in 1999 and I was told that one of the conditions of the loan was that I had to take out a PPI. At the time I was only working on a part-yearly basis (January to September) So for three months of the year I was going to be unemployed anyway. I eventually cancelled my PPI without any hassle a few years ago. Since it was so long that I was made to purchase this insurarance, which was really of no use to me, I am not really sure if I can make a claim to the bank to recover my money.

[afool]

Hello

The reason for the name AFOOL is in regards to how i really feel.
My wife and i took out a consolidated loan over 25 years for £58,000 and we were advised to take a policy in the words of the salesman like a saving scheme of £14,000 which we would recieve back after 5 years if we took out a ppi scheme. We trusted Barclay's without question as i had been with the bank for nearly 30 years.My wife and i readily accepted the loan to pay off credit cards. My wife and i quickly ran into trouble as her earnings were only £800 per month and mine was £1500 per month of which we had to pay £1000 mortgage and £500 loan and had 2 small children. Within 2 years we were in credit card arrears and we have been helped by family but at a huge emotional cost. Having got back on an even keal we attempted to restructure our mortgage only to be told by the bank we would be charged the £14000 ppi if we wanted to take out a mortgage with the Woolwich so the loan we took out for £58,000 now becomes £72,000. We are distraught and are finding life hard as the bank has continuid to increase our interest payments which are up from 8.2% to 10.5%. I have contemplated using a law firm to assertain whether this loan is legal as we are feeling more and more desperate can anyone please help!

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[banker_rhymes_with]

Hello AF!

A warm welcome to CAG, you have come to the right place.

Don't be too hard on yourself, I think you'll soon see that you have been led up the Garden Path by Barclays.

They've been keen on mis-selling anything they can over the last few years, and do like to add all sorts of silly Loan Protection and PPI onto things. They do this because it's a nice little earner for them.

I think your best bet is to start a new Thread in this PPI Forum. Just follow the link below to get you to the main Forum:

Payment Protection Insurance (PPI)

When there, look at the Top Left or Bottom Left, and you'll see a New Thread Button. Click that, give the Thread a suitable Title (say Afool v Barclays Loan with PPI or similar), and then outline the problem in the first Post.

People will then give you direct help there, and your plea for help won't get lost as it could do in this Thread.

If I can't help, there should be plenty of people who can.

Cheers,
BRW