Patricia Pearl - Small Claims Procedure - A Practical Guide


An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)




Last Will and Testament Kit


Make a legally valid will without the fuss and expense of a solicitor - includes a full step-by-step guide.

£9.99 + £1.50 (P&P)

BAILIFFS - The Law and Your Rights

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.

£13.95 + £2.00 (P&P)


Reclaim the Right Ltd. - reg. 05783665 in the UK

reg. office:
923 Finchley Road
London
NW11 7PE



+ Reply to Thread
Results 1 to 9 of 9
  1. #1
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    sweetjane Informative sweetjane Informative

    Follow Real_CAG on Twitter

    Cagger since
    Nov 2008
    Posts
    430

    Default Halifax Demand New Loan For Repayment Of Ppi

    Hello all

    I've been reading this site for a while and getting great advice but this is my first post - apologies if it's not in the right place!

    We're having some success. Had a letter this weekend saying that a Halifaxicon will refund all PPIicon payments on a loan BUT they want me to take out a new loan to cover the outstanding amount after all PPI is deducted. I have recently sent them a CCA 77-78 letter requesting original agreement and statements with £1 enclosed. I think the "new" loan is a strategy to cover the fact they can't find the CCA. I asked why I should take out a new loan and they sad they can't deduct PPI payments from a loan . . . ???

    Any advice greatfully appreciated.

    Similar Threads:

  2. #2
    Classic Account Holder
    Help the CAG!!
    Make a contribution
    Josie8 Highly informative Josie8 Highly informative Josie8 Highly informative Josie8 Highly informative Josie8 Highly informative Josie8 Highly informative Josie8's Avatar

    Follow Real_CAG on Twitter

    Cagger since
    Nov 2006
    Posts
    1,452

    Default Re: Halifax Demand New Loan For Repayment Of Ppi

    Quote Originally Posted by sweetjane View Post
    Hello all

    I've been reading this site for a while and getting great advice but this is my first post - apologies if it's not in the right place!

    We're having some success. Had a letter this weekend saying that a Halifaxicon will refund all PPIicon payments on a loan BUT they want me to take out a new loan to cover the outstanding amount after all PPI is deducted. I have recently sent them a CCA 77-78 letter requesting original agreement and statements with £1 enclosed. I think the "new" loan is a strategy to cover the fact they can't find the CCA. I asked why I should take out a new loan and they sad they can't deduct PPI payments from a loan . . . ???

    Any advice greatfully appreciated.

    Then tell them just to refund the money to you dit=rect and you'll keep paying the exisiting loan. do not signicon a new loan until you find out the position with the exisiting agreement!

    You may receive different advice to your query as people have different experiences and opinions. Please use your own judgement in deciding whose advice to take.

    If in doubt seek advice from a qualified insured professional. Any advice I have offered you is done so on an informal basis, without prejudice or liability.

    If you think I have been helpful PLEASE click the scales

    court bundles for dummies

  3. #3
    Site Team Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff's Avatar

    Follow Real_CAG on Twitter

    Cagger since
    Mar 2007
    I am in
    the computer room.
    Posts
    9,341

    Default Re: Halifax Demand New Loan For Repayment Of Ppi

    As above. Ignore the new loan until they default on the CCA which, as you say, they probably haven't got.

    Trading Standards wants your help

    Dubious website businesses
    Conterfeit alcohol and cigarettes
    Illegal sales of alcohol, tobacco, knives & fireworks to children
    Cowboy builders or tradesmen
    Car clockers
    Counterfeiters
    Aggressive selling

    http://www.ripofftipoff.net/

    Never phone or accept phonecalls from debt collection companies.

    If you don't believe you can win, there is no point in getting out of bed.
    _________________________ ________________
    _________________________ ___________________


    The Consumer Action Group needs help to cover its expenses.
    You could help by making a money contribution to-
    to http://www.consumeractiongroup.c o.uk/paypal.php?go=donate

  4. #4
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    sweetjane Informative sweetjane Informative

    Follow Real_CAG on Twitter

    Cagger since
    Nov 2008
    Posts
    430

    Default Re: Halifax Demand New Loan For Repayment Of Ppi

    Just to update this: New loan plan was dropped after I spoke to National Debtline - they advised I refuse and insist loan was put back in position it would have been without PPIicon. It has been!!! That's over £4k less than it was.


  5. #5
    Gold Account Holder
    Help the CAG!!
    Download our toolbar
    alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana Authoritative alanalana's Avatar

    Follow Real_CAG on Twitter

    Cagger since
    Nov 2006
    I am in
    Cumbria
    Posts
    4,620

    Default Re: Halifax Demand New Loan For Repayment Of Ppi

    Quote Originally Posted by sweetjane View Post
    Just to update this: New loan plan was dropped after I spoke to National Debtline - they advised I refuse and insist loan was put back in position it would have been without PPIicon. It has been!!! That's over £4k less than it was.
    Have they paid the money back to you by personal cheque? or have they deducted the PPI refund from the outstanding balance on the loan?

    Is the loan in arrears of defaulted?

    If the loan was not in arrears or defaulted then they have no right to use the mis-sold PPI refund to offset the outstanding balance on your loan.

    However if you are happy to have the loan amount reduced thereby reducing or paying off your debt early then that is your choice

    I have no legal training and the advice I offer is a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner.
    ------------------------------------------------
    Bank charge successes:
    Halifax - Full settlement incl interest.
    HSBC - Settlement, goodwill no admission of liability about 75% of claim.
    RBS - Settlement, goodwill no admission of liability about 70% of claim.
    2 ongoing claims for bank charges with HSBC with more to come. (Supreme Court ruling could have upset these claims) They did
    PPI Successes
    PPI 4 settlements on 9 loans. FOS involvement on 7 added on the 8 % Statutory interest another 30% to both.
    2 claims settled in full with LV without FOS involvement.
    2 claims settled in full with HSBC without FOS involvement

    PPI Claims ongoing with:
    Cap one Now with the FOS
    Barclays. Paid up today 24/04/10 cheque received for over £4,500 and in the bank.
    LTSB still have to decide on this as their SAR production was abysmal. Papers data mixed up documents missing etc

    1 Complaint not upheld by FOS they said it was ICO issue. Complaint upheld by ICO. See this..
    Post 290 from
    ***RBS PPI Claim Long fight but, WON***

    Please do not PM me for advice as it may be sometime before I can respond.

    Keep at them. Do not give way and do not accept all they tell you, they will delay and stall for as long as they can to prevent repaying you your mis-sold PPI.

  6. #6
    Site Team Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff Authoritative Conniff's Avatar

    Follow Real_CAG on Twitter

    Cagger since
    Mar 2007
    I am in
    the computer room.
    Posts
    9,341

    Default Re: Halifax Demand New Loan For Repayment Of Ppi

    I think they like new loans as they are unsure of the agreement as it stands and by getting a new agreement, they know you will not be able to cca them at some time in the future without them being able to supply it as they will take care of this agreement.

    Trading Standards wants your help

    Dubious website businesses
    Conterfeit alcohol and cigarettes
    Illegal sales of alcohol, tobacco, knives & fireworks to children
    Cowboy builders or tradesmen
    Car clockers
    Counterfeiters
    Aggressive selling

    http://www.ripofftipoff.net/

    Never phone or accept phonecalls from debt collection companies.

    If you don't believe you can win, there is no point in getting out of bed.
    _________________________ ________________
    _________________________ ___________________


    The Consumer Action Group needs help to cover its expenses.
    You could help by making a money contribution to-
    to http://www.consumeractiongroup.c o.uk/paypal.php?go=donate

  7. #7
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    sweetjane Informative sweetjane Informative

    Follow Real_CAG on Twitter

    Cagger since
    Nov 2008
    Posts
    430

    Default Re: Halifax Demand New Loan For Repayment Of Ppi

    The new loan would be the amount outstanding on the old loan (minus PPIicon) including interesticon and new interest!!! It would have cost approx another 2k. Can you believe it? Anyway it was best to reduce the amount owed on that one but thanks alanalana - useful to know.


  8. #8
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    sleepz Novitiate

    Follow Real_CAG on Twitter

    Cagger since
    Aug 2006
    Posts
    209

    Default Re: Halifax Demand New Loan For Repayment Of Ppi

    When it comes to making you start a new agreement. "They are allowed to do this as long as the new loan is on the same or better terms and does not disadvantage you in any way, for example it shouldn’t be more expensive or last longer. You should also ask for this to be done without making a new search on your credit file."

    01/08/06- Royal Bank of Scotland - S.A.R sent
    24/08/06- Royal Bank of Scotland - Statements Received
    31/08/06- Royal Bank of Scotland - 1st Request sent
    13/09/06- Royal Bank of Scotland - LBA sent
    23/09/06- Royal Bank of Scotland - Offer received £1544 (Thanks but no thanks)
    02/10/06- Royal Bank of Scotland - *WON* Full settlement

    07/07/09- First Plus PPI - S.A.R sent
    18/07/09- First Plus PPI - S.A.R received
    22/07/09
    - First Plus PPI - Initial request sent

  9. #9
    Basic Account Holder
    Help the CAG!!
    Download our toolbar
    sweetjane Informative sweetjane Informative

    Follow Real_CAG on Twitter

    Cagger since
    Nov 2008
    Posts
    430

    Default Re: Halifax Demand New Loan For Repayment Of Ppi

    Oh dear - more to complain to the fosicon about.



Browsealoud
Video Tour



Reclaim the Right Ltd. - reg.05783665 in the UK reg. office:- 923 Finchley Road London NW11 7PE