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.
I've not been on here for a good few months due to an emotional time at home. As you can imagine, there loads for me to catch up on ! I am looking into reclaiming the PPI on 3 previous loans with the above companies. I, as I'm sure many others, never realised that this was optional and I certainly don't think it was even mentioned as i thought it was compulsory when taking out a loan. Anyway, I've kept hold of my paperwork and on the credit agreement it does list 'optional payment protection' and the amount. Would I still be able to claim even though it does clearly say that (athough I've never noticed it before) ?
I've not been on here for a good few months due to an emotional time at home. As you can imagine, there loads for me to catch up on ! I am looking into reclaiming the PPI on 3 previous loans with the above companies. I, as I'm sure many others, never realised that this was optional and I certainly don't think it was even mentioned as i thought it was compulsory when taking out a loan. Anyway, I've kept hold of my paperwork and on the credit agreement it does list 'optional payment protection' and the amount. Would I still be able to claim even though it does clearly say that (athough I've never noticed it before) ? The optional box does not let the creditor off the hook. They have to ensure your needs and wants were met and that all the relevant questions were asked when the policies were taken out. As follows:
1) Did you have any pre existing medical conditions?
2) Were you self employed?
3) were you a student?
4) were you retired?
5) were you over 65 years of age?
6) were the PPI premiums single premiums added to the loan? These have now been banned by the FSA.
For more information please see these links.................... .
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.
Also please check this out for more information it is in the stickies at the top of the forum...................
Just post and Someone will pop in to help you I am sure.
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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
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.
Central Trust/London Scottish PPI policies
on 3 previous loans with the above companies. I, as I'm sure many others, never realised that this was optional and I certainly don't think it was even mentioned as i thought it was compulsory when taking out a loan. Anyway, I've kept hold of my paperwork and on the credit agreement it does list 'optional payment protection' and the amount. Would I still be able to claim even though it does clearly say that (athough I've never noticed it before) ?
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