Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Hi All,
Grateful for any help on this one.
I took out a loan with picture in February 2006 for a loft conversion PPI cost me a whopping £9980. Repaid the loan early 6 months later and never received a penny back from the PPI. Ive only just discovered that the insurance only covered 5 years of a 20 year loan. I know that I have been niave. Is there any way to claim the PPI back its a lot of money for 6 months cover.
Matthew Green, 41, from Stenson Fields, near Derby, took out a 25-year secured loan with Picture Financial in April last year. The loan was for £45,000 but with PPI on top the total cost was £59,000. The cover turned out to be valid for only five years.
Late last year, Matthew, an engineering machinist, decided to clear his debt by remortgaging his home, but he was staggered to find that he would receive just £1,500 back in insurance premiums even though he had had the loan for only eight months.
'I was not told that the insurance would only cover me for five years or that I would get so little back if I repaid the loan early,' he says. Matthew had to pay Conkers nearly £2,500 out of his payout of almost £12,000 - a discount on its usual fee of 25%. But he adds: 'I don't think I would have had a chance of claiming my money back without Conkers' help.'
Picture Financials PPI
cost me a whopping £9980. Repaid the loan early 6 months later and never received a penny back from the PPI. Ive only just discovered that the insurance only covered 5 years of a 20 year loan. I know that I have been niave. Is there any way to claim the PPI back its a lot of money for 6 months cover.
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