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.
Not sure if I've got the right forum but I hope someone can help! I took out a loan with Lloyds TSB in 2004. It was for £6000 and I was in a very secure job so I said I didn't want PPI. As well as trying to push me to take 10k I really didn't want, the bank manager I saw basically said that if I didn't take the PPI I couldn't really have the loan. He said it was because the debt is unsecured and if I don't take the PPI and I become unemployed what guarantee will they have of getting the money back etc etc. I explained why I didn't want the PPI, that my job was really secure and that the redundancy I would get if the worst happened would more than likely cover the loan. He said not to worry, if I really didn't want it I could cancel it at any time. He gave me a little pack about my loan. It didn't include any information on the PPI. So, when two months later I thought this is ridiculous, I really don't need it, I found out I couldn't cancel it. I had never had a loan before so I didn't really know much about the process. When my loan was rejigged in 2006 I finally got rid of it but it really annoys me to think that i paid it all of that time, especially now I find out that banks can't force you to take PPI to offset the risk. Not called an unsecured loan for nothing - you're either a good risk or you aren't and I have never missed a payment. Can anyone tell me if I can claim it back?
then just click on the blue PPI [payment protection insurance] up the top
and you will see lots of stikies there to help you.
the guidance notes are very good.
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
Not sure if I've got the right forum but I hope someone can help! I took out a loan with Lloyds TSB in 2004. It was for £6000 and I was in a very secure job so I said I didn't want PPI. As well as trying to push me to take 10k I really didn't want, the bank manager I saw basically said that if I didn't take the PPI I couldn't really have the loan. He said it was because the debt is unsecured and if I don't take the PPI and I become unemployed what guarantee will they have of getting the money back etc etc. I explained why I didn't want the PPI, that my job was really secure and that the redundancy I would get if the worst happened would more than likely cover the loan. He said not to worry, if I really didn't want it I could cancel it at any time. He gave me a little pack about my loan. It didn't include any information on the PPI. So, when two months later I thought this is ridiculous, I really don't need it, I found out I couldn't cancel it. I had never had a loan before so I didn't really know much about the process. When my loan was rejigged in 2006 I finally got rid of it but it really annoys me to think that i paid it all of that time, especially now I find out that banks can't force you to take PPI to offset the risk. Not called an unsecured loan for nothing - you're either a good risk or you aren't and I have never missed a payment. Can anyone tell me if I can claim it back?
Thanks very much!!
IMO yes you have a solid case to claim mis-sold PPI.
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. The post office will be able to confirm when it was encashed (just call 01246 542091 they will even send written confirmation if you request it) Send all correspondence by at least recorded to be signed for so you can track delivery through Royal Mail
You should request the following documents:
A true copy of your Consumer Credit Agreement with the Terms and Conditions that were applicable at the time you took the loan/card/mortgage.
Copies of all statements applicable to the loan/card/mortgage.
Copies of all correspondence that apply to you as a data subject ie letters, emails, faxes etc.
Copies of all recorded telephone calls or transcripts of the recordings.
Copies of any notes made by bank/loan company staff in their dealings with you as a data subject.
Do not be fobbed off by them citing issues such as relevant filing systems.
If they have any records/data on you as a data subject and it is held under your name, address, post code, account number/s or any other system where the data is identifiable to you then it is a relevant filing system. Even if it is a specific serial number on microfiche records and the serial number is applicable to you.
You should also have a look at these links which show the grounds for claiming mis-selling of PPI.
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.
12 months work and investigation got me £10.5K refunded.
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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.
Can I claim back the PPI I paid
TSB in 2004. It was for £6000 and I was in a very secure job so I said I didn't want PPI. As well as trying to push me to take 10k I really didn't want, the bank manager I saw basically said that if I didn't take the PPI I couldn't really have the loan. He said it was because the debt is unsecured and if I don't take the PPI and I become unemployed what guarantee will they have of getting the money back etc etc. I explained why I didn't want the PPI, that my job was really secure and that the redundancy
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Originally Posted by sandysue103
