Thread: PPI on Land of Leather Sofas

Hello BB,

Don't know if you are aware of this

BBC NEWS | Business | Land of Leather in administration

I have some experience of lol as I have been helping a friend with her claim,

LoL are not the more helpful to say the least They are denying profusely.

I do believe in these cases, which are complex to say the least.

These point of sale insurances, were applied by LOL for commission based payments from the Lender. Open and Direct.

Open and direct as you are aware have been taken over by Creation Finance who are they most sbstructive company I have ever had the misfortunate to deal with. They deny deny deny and are rather up their own botties.

You have to look further than just the mis-sold PPI they applied,

Commission based selling
Unenforcable credit agreement
Extortionate credit bargain ie interest of 29.9%

I have written a letter to creation finance regarding the credit agreement, which is very similiar to yours. Stating as Noonmill has advised, on your other thread, that the ca is in fact a Multiple agreement.

I have also demanded to know how much commission was paid to LOL at the point of sale. These companies have to take some responsibility regarding the mis-selling of ppi for a cash incentive They all had their finger in the pie.

Will let you know if I get a response, if I do

Originally Posted by hellhasnofury

Hello BB,

Don't know if you are aware of this

BBC NEWS | Business | Land of Leather in administration

I have some experience of lol as I have been helping a friend with her claim,

LoL are not the more helpful to say the least They are denying profusely.

I do believe in these cases, which are complex to say the least.

These point of sale insurances, were applied by LOL for commission based payments from the Lender. Open and Direct.

Open and direct as you are aware have been taken over by Creation Finance who are they most sbstructive company I have ever had the misfortunate to deal with. They deny deny deny and are rather up their own botties.

You have to look further than just the mis-sold PPI they applied,

Commission based selling
Unenforcable credit agreement
Extortionate credit bargain ie interest of 29.9%

I have written a letter to creation finance regarding the credit agreement, which is very similiar to yours. Stating as Noonmill has advised, on your other thread, that the ca is in fact a Multiple agreement.

I have also demanded to know how much commission was paid to LOL at the point of sale. These companies have to take some responsibility regarding the mis-selling of ppi for a cash incentive They all had their finger in the pie.

Will let you know if I get a response, if I do

well you'll be happy to hear hellhasnofury L.O.L. announced they are closing 33 of its 109 stores