Hi Can anyone help I made a claim for Mis-sold PPI. Loan taken out pre 2005 and PPi added as a single payment. Loan agreement showed Amount of Loan Protected Payment premium Total loan facility Rate of interest and APR. GE have advised that the cancellation rights were clearly available and opportunity to contact the office if dissatised with any detail. They also refer to section 9 on the T&C which confimrs the policy is entirley optional and is to be included in the loan..They advised they have acted in good faith, and if I had preferrd not to take up the policy a new agreement with the policy premium omitted, could have been produced accordingly. I have never received the exact details of the contract which is insured with pinnacle insurance ans never received a letter they advised was issued which states I have opted for payment protection (not sure where this evidence is kept) as I have only just realised that this has been added to the loan and interset on the PPI has been accruing I would ahve certainly cancelled it from outset. In additonal I had full redundancy cover and sickness cover. Civil service worker.. Never asked any questions about me personal circumstances. The loan was re-scheduled during the 60 month term and I presume they have included that in the loan amount for re-schdueling. The new loan did not have PPI as we said NO. They have stated this is their final response and if I wish i can complian to Finance & Leasinf Association. Any helpm in what I do next

thanks for you help

should we have received a revised agreement showing the interset being charged over the extra period. I think if we had known the total payable would have been so much we would have thought twice about it. Why would they suddenly start writing in Dec 2008, when the loan should have expired on the original agreemnt in 2002. These letter have sparked us into looking closely at the loan. Thanks it good to talk to someone

Sorry, i should have added, from our point of view we never fell behind on the payments we asked for revised terms (extend to 15 years)and they verbally agreed. They never put anything in writing. We have randomly started to receive letters each month since December 2008 saying we are behind in payments, but for only only £140.00 and this is slighly incraesing each month. (and will be charged £40.00 for the letter) We have spoken to them, and they have advised that it's an expired loan and nothing to worry about it isn't being added and ignore the letters. Seems very strange. I just want to amke sure that they are playing fair.

Hi Approx £8,000. Reading through the posts on this forum , I would have thought they would have had to supply revised documents as the terms of the loan had changed. I don't know what interset rate or the new terms it was on. I may be wrong, but just wanted comments, so Ia can speak to them.

Hi I have a secured loan taken out with ocwen then changed to IGroup, then GE Money Home Lending. The amount was £23,100 with £2,000 broker fee. The term was originally five years starting 1997, payment became tough and we reduced the payments. We have no documenation on the change except the premiums reduced. The loan is running and running with no end. I have the original agreemnt which states 5year term and the original monthly amount. No documenataion has been issued for the reduced amount. should i ask them for the chnage of agreement deatils. We have currebtly paid off nearly £40,000. Help please Any ideas

Hi New to all this, so bear with me. I am working through my fionances and I have found a credit agreement (unsigned) for a loan that I took out in 2003 with First national for 60 months. I have noticed the loan has PPI insurance of £1039.11, this was conditional with the loan. Why I don't know. I think the loan has been re-finaced with GE Money. Can I calim for this and where would the cliam be directed First national or G E Money. If you need any further info, let me know. Thanks in anticipation.