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 have only recently been alerted to the fact that I can claim back charges for exceeding my overdraft. I have found this site useful and full of information. I do however, have a question or two.
A few years ago, when I was a bit younger and a little less careful with my money, I found myself repeatedly exceeding my overdraft limit. I had a meeting with my bank manager to extend my current loan. I told him what I wanted and he came back to me and said he doubted I would be accepted for the loan extension. He came back with a new offer which he said would be accepted. This included money to pay off my current overdraft as well as the money I had asked for. He also said he would have to reduce my overdraft limit.
Was he right in doing this (forcing me to take extra money to pay off my overdraft)? Am I entitled to claim any of this back?
Also included on the loan was PPI. I said at the time I didnt really need it as I got good sick pay from work, but he was having none of it and said I should take it. Have been into my bank today and it turns out that on a loan for about £3500 I will have paid over £1400 on PPI.
I asked today for the PPI to be cancelled but was politely told where to go.
I have since found some letter templates asking to have the PPI refunded so I suppose I will give it a go.
After looking at your notes it appears you were mis-sold your PPI, This would be a seperate complaint you would need to make to the bank as mis-selling is quite different to unfair bank charges.
Insurance is not compulsory with anything anymore and although there might be a charge for you to not take it with the provider of the loan there is no way they can force you to take.
Its called an assumptive sale, however with no sale actually taking place no doubt he would have received some sort of commission for "flogging" you the PPI.
So in brief I would complain about the mis-selling of your PPI as a seperate complaint.
Kingliam
On behalf of the Ginger one Lloyds TSB - 1ST 12/07/06-LBA 26/07/06-MC-14/08/06-Court-31/01/2007 Halifax - D P A 02/10/06
On behalf of MumKing Barclays Bank D P A 29/08/06
On behalf of DJ Sunny Alliance & Leicester D P A 29/08/06
On behalf of GrandmaKing
GE Capital D P A 30/10/06
Barclays Bank D P A 30/10/06 - 1ST 15/11/06 *Microfiche [problem]
Just spoke with the bank, they said I cannot cancel my insurance but I could take out another loan without insurance to pay off my current loan.
Hmmmmm will have to think about that
TBS vs me
. I have found this site useful and full of information. I do however, have a question or two.
Reply With Quote
