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.
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
rather than hittting to be my friend - hit the star
Re: PPI can anyone answer a fairly simple question
Hi dx
When I took out the loan in question, the repayment terms were as follows :
60 repayments of £182.94....comprising £146.95 for Main Loan repayments and £35.99 for Insurance repayments.
I went into default 10 payments into the aggreement, and continued to make reduced payents up until 18 months ago, when I first started querying the outstanding balance.
My point is that since the loan went into default it would seem to me that the insurance policy would have been cancelled, as I was not making payment to it. Therefore since I have made no claim on the policy, why am I being expected to pay for something I have not actually owned or received any benefit from.
I think my query is both reasonable and logically sound. However until I get a copy of the original signed credit agreement and a statement of the account I cannot properly discover whether or not my point has any real validity.
a sort of fire-fighting role here. Hate HFC & their past compulsory PPI ethos
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24,953
Re: PPI can anyone answer a fairly simple question
your situation is no diff from 100's of others
the PPI would not of been cancelled , its how they make loads of money out of you!.
i would start a mis-sell on the ppi, look in the top of the ppi section, lots of guides and calculators there.
get this refunded [+ interest!] then get the charges done + interest, and i bet you'll find the balance almost goes.
as for paying off the balance see if the agreement is enforceable first.
dx
GETTING THREAT_O_TEXTS OR SPOOF BAILIFF CALL FROM M T COLLECT read here
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
rather than hittting to be my friend - hit the star
Re: PPI can anyone answer a fairly simple question
hi.....noomill...
I wrote to them last april last year, as soon as I did that the DCA bottled out.......fos are dealing with it at the moment. I've just repeated my request directly to the bank. I haven't offered to pay the statutory fee, as I am waiting for them to respond to my question about why the DCA involved did not pass my rquest to them last year.........I haven't paid anything to this account for 18 months..........so I think if they could have enforced this debt they would have by now.
Re: PPI can anyone answer a fairly simple question
I give this advice to everyone with regards to CCA requests it is useful sometimes, but all they are obliged to supply is a copy of the agreement, I suggest that an SAR is the best method of getting the information ..........under this they have to supply you with everything and includes a copy of the signed original agreement, terms and conditions...........with out the original a creditor is up a blind alley and you will know they are from the offset.............this is only my view............if they do not supply you with a copy of the executed agreement under your SAR...they cannot produce it in court as evidence as that would be considered "Fraud".... concealment of documents under the New Fraud Act 2006.
Re: PPI can anyone answer a fairly simple question
hi noomill.................. I haven't CCA'd the actual creditor yet.........I will in the fullness of time.........I've just twigged to the whole DCA/creditor game..............since I haven't made any payments to this account for 18 months now i don't see that there is any rush...........krj
a jacuzzi with Bananarama. I have not lived in Bolton since 1986
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6,823
Re: PPI can anyone answer a fairly simple question
the reason asked, is that the agreement would tell you how you agreed to the PPI. If miss-sold, the entire agreement, both PPI AND Credit Agreement would most probably be fatally flawed and put you in a very strong position to sue for all losses and PPI premiums and charges and interest...
Worked for me and got entire "debt" wiped off the face of the planet
PPI can anyone answer a fairly simple question
fee to a loan oustanding balance, if the loan goes into default?
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