Thread: Missold Ppi By Barclays And Halifax

Hi
Thanx Alanaca,i Am Starting A New Thread And Can Post The Paper In Photobucket
In Short My Wife Had Two Seperate Loans
1 From Barclays For 4,900 From 6th Feb 2006 For 60 Months Emi 156.00.the Ppi 1,268.97 She Has Not Been Given Option To Opt Out Or Information About Other Insurance Providers. I Have Been Paying The Instalements Regularly.
Now After The Welcome Finance Issue Got Into The Forum Which Has Helped Me A Lot To Take Up The Issue And Hence Came To Know About The Missold Ppi And Reclaiming It. Accordingly I Have Sent A Letter Yesterday To Insurance Provider Barclays Insurance Dublin For

Reclaiming It With Interest.
So Also She Has A Loan From Halifax For 3,000 Commencing From 18th August 2008 With A Ppi Of 1,318.52 Over A Period Of 48 Months Plus Interest. At The Time Of Loan Application Over A Phone She Was Told That Ppi Would Increase The Chances Of Getting A Loan, So Also After Receiving The Insurance Paper She Called To Cancel It But Was Told That Once Sold It Cannot Be Cancelled.so We Continued Payning . But Yesterday I Have Sent A Letter To Claims And Admin Department Uxbridge, Asking Them To Pay Back The Amount Of Premium Alongwith Interest Paid By Her So Far.

What Should Happen After The 14 Days Notice Period Given To Them (They have 40 days to respond from the day they receive the SAR)

Any Guidance Will Be Of Great Help And Appreciated.

Vilka

Firstly I would split the two claims and put each one on a separate thread to prevent confusion.

Once you have done this you will be able to keep track more easily on each claim.

As before the SAR is the way to go so I will post up this again for your information.

Letter templates here..

Full SAR for ppi and also here..

Data Protection Act 1998 - Subject access request

and be sure to ask for these:

You can be specific with what data you request although the Subject access request is really asking for everything. The Statutory fee is £10.00 Postal Order is fine but keep the details of the number for future reference. Send all correspondence by at least recorded to be signed for so you can track delievery through Royal Mail.

The things you should get from a Subject Access Request are:

True copies of your Consumer Credit Agreements (CCA) with the terms and conditions that were applicable to the agreement at the time the loan started.

Copies of all your statements.

Copies of all correspondence with regard to the loan, letter, fax, transcripts of phone calls or transcripts of phone calls, or other notes taken by them during the calls.

Also be specific in your request for full disclosure on any PPI added to the loans this should be identifiable on the CCA.

Specifically request the needs and wants/Customer duty of care questionnaite which should have been completed at the point of sale. This questionnaire should be filled out by the bank advisor to ensure all the relevant questions have been asked to ensure the product is fit for purpose and suitable to your needs. See this as an example.....

When you send your Subject Access Request you should ask for evidence of the questions asked at the point of sale.

Please see this link for an example:.....http://wwwa.mbna.co.uk/insurance/files/CP0608_INSU_MB_LP_S.pdf


The data requested should be data in any format that their organisation uses for filing, electronic, paper, microfiche, CD, Floppy, Magnetic tape.

Please have a read through the following links for further information.

PPI - Some Notes for Claimants..

For claims before 2005 and the FSA ruling from which campaign
How to tell if you’ve been mis-sold PPI

Quick check: were you mis-sold? - How to tell if you’ve been mis-sold PPI

Another useful site to help you reclaim missold PPI UPDATED 16 JUN 08
Reclaim your PPI premiums - payment protection insurance | This is Money

This is a little snippet from the above link....
Quote:
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.
All of the above and more in this sticky at the top of the forum.

links

It's a lot of reading but some useful stuff in there

Hope this helps

Homework first

Then claim your money back

aa

Just start two new threads as you have only started on your claim so click in the first link and name it something like Vilka v Barclays mis-sold PPI

http://www.consumeractiongroup.co.uk...ewthread&f=111

Then do the same on the next link and name it Vilka v Halifax mis-sold PPI

http://www.consumeractiongroup.co.uk...ewthread&f=111

This should give you two separate threads to keep track of each claim separately which makes life much easier for all.

aa