Thread: Black horse PPI Do I have a miss sold claim?

Hello Kalahari,

Hi,

Got a Black horse loan about 2 years ago. Still got a few years left on it.

I remember in the interview being read a form, the questions involved were, as well as I can remember...

Do you have any insurance to continue these payments if you can't make them yourself. (I said no)

Do you want us to add our PPI to the loan then, (I said yes).

She filled in the form ticking boxes as I answered then I think I signed the form.

Was this PPI miss-sold as I was not told I could get PPI from other sources or given a comparison of their rates to others.

Oh and this PPI was added to the loan as a lump sum so would that have any relevence if I did claim it as miss-sold?

For claims before 2005 and the FSA ruling from which campaign
How to tell if you’ve been mis-sold PPI
Quick check: were you mis-sold? - How to tell if you’ve been mis-sold PPI

Another useful site to help you reclaim missold PPI UPDATED 16 JUN 08
Reclaim your PPI premiums - payment protection insurance | This is Money

This is a little snippet from the above link....

Can I reclaim on any PPI policy?
Your claim for compensation is dependent on when you took the insurance. PPI sales only came under the jurisdiction of the FSA on 14 January 2005. Any sales made before then are not covered by the latest rules.
However, it may still be worth complaining to your lender if you feel you have been mis-sold. If you bought before January 2005 it is likely that they will have been covered by a previous regime of rules. This means that the Financial Ombudsman Service will be able to consider these complaints. If you took PPI after January 2005, your claim is subject to the latest rules.

For legal issues relating to Data Protection check this link...Lots of very useful info in understandable terms.
Data Protection | OUT-LAW.COM

it includes the following and much much more
Negotiating with the Data Subject (This should be important to Banks)

At this stage, it is advisable to negotiate with the data subject. The location information the data subject will have already given will give a clue as to what it is the data subject really wants to have information about. The benefit of the Data Protection Act 1998 is that it allows data controllers to negotiate with data subjects to get the data subject to specify the exact information he or she wishes to receive.

The data controller is entitled to ask for a fee of £10 and two further pieces of information. Firstly, the data controller must satisfy himself that the person making the request is, in fact, the data subject. The use of a Subject access request form is advised, since the greatest breach of a data controller's security is for the data controller to satisfy a Subject access request made by a person impersonating the data subject. The use of the form goes towards proving that the data controller has adequate identification and verification procedures in place. Secondly, the data controller is entitled to ask the data subject for further information to enable the data controller to locate the information which that person seeks.

When the last of these three pieces of information has been obtained, the forty day period starts to run. It is advisable to put procedures in place to ensure that the receipt of the request and the further information is correctly dated so that an organisation knows how long it has to satisfy the subject access request.

However, if the data subject is adamant that he or she wishes to receive a copy of everything the data controller holds on him or her, then there is very little the data controller can do about this, and a completely exhaustive search of the computerised and manually held data in the organisation will be required. (nice to know what you see in the Act is what you get)

Hope this helps

aa

Hi Kalahari

I had a couple of loans taken out with Black Horse Finance and I believe I went through a similar process to yours. A rapid interview where you are not given sufficient time to consider what is being proposed, you are not given enough info to help you make an informed decision as to the suitablility of the product nor of alternative options. Not good business practice!!

I shall be sending a SAR to BH to obtain all the relevant documentation and would suggest that your starting point would be to do the same.