Thread: Lloyds Tsb Amended Ppi On Form In My Absence

Hi all

Just wanted a little help on this one:~

I signed for a business loan in branch 18.07.05 with, from what I recall, no PPI.

I then received a letter from the bank in August 2005, stating that the forms were completed incorrectly by them. They enclosed a copy of the application which had highlighted areas that were the amendments and it appears that they added the PPI on after the initial application.

FO say I have to complain to the bank in the 1st instance, and I was unsure how I do this.

I have sent a SAR but haven't heard anything as yet.

Is there a letter template?

Thanks

S.B.

Jogs

Thanks a million, I will amend to suit, as it was a business loan!!

Cheers

S.B.

Can anyone clarify my question please?

Thanks

S.B.

Hi All

I need abit of help with the following please: ~

I have received a non favourable reply from Lloyds re the mis selling of the Business Loan repayment Insurance.

I need to write one mre letter as they have not stated that it is their final response.

A few points:

1) I wrote the complaint as I was the one taking the loan out, I signed the form.
2) They address the response to my partner as they arranged the BLRI in his name.
3) They state he elected to protect the risk by purchasing an insurance contract for a one off premium. It goes on to state that all the necessary eligibility questions were answered by him and that he confirmed he did not have any alternative insuraance in place. They state HE signed the application form.

The problem I have is that I signed the form, he was not present, has not signed the from and therefore could not have answered any questions.

Therefore is this a sraight forward case of mis selling as they sold a product for my partner to me?????????

As mentioned in my earlier posts they amended the form a month later and had just highlighted the amendements, surely this is also incorrect??

They go on to state about the 30 day colling off period etc

Really wanted to know my next step to Lloyds before taking to FO, do I let them know their errors or just go straight to FO?

All help greatly appreciated as always.

Thanks


S.B.