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ghettopimp

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  1. RBS / Lombard +£3k - pursued via FOS and a payout despite little initial documentation and 20 years gap - thanks dx100uk https://www.consumeractiongroup.co.uk/forum/showthread.php?487614-Bradford-Bingley-RBS-Lomard-Tricity-Loan-PPI-reclaim-20yrs-old-**WON**
  2. Update on success - Sent SAR to the underwriters Pinnacle - their response must have been sent back the day they received it given the turnaround - the response was along the lines of 'we have no record of you' I sent the claim to Lombard /RBS just as the FOS wrote to me suggesting as much as they had spoken with RBS who told FOS they would look at the claim if sent in by me. Seven weeks later - RBS have settled with a letter beginning "Thank-you for accepting our offer via the Financial Ombudsman Service" Nice, but I don't recall accepting - must have been FOS on my behalf. The sum is as we calculated above, adjusted for the payment date, thanks dx100uk ! The only shock is the removal of £453 for income tax on the statutory interest with an explanation of HMRC ruling of Oct 2013. Leeches. £3,348 - not bad for a 20 year old loan with no paperwork save a 'thanks for your final payment' letter The only advice I can give to anyone else with little in the way of proof of the loan, is per the thread and advice on the PPI pages here, SAR every organisation involved before claiming - the seller, the loan provider, the PPI underwriters and any other company you can if they have been sold on or taken over and once you have usable documentation, claim against the company providing the documentation. Good luck!
  3. Did the General Insurance Standards Council codes apply in 1998 ? From what i can find it appears to be around 2001 though the Association of British Insurers code seems relevant and predated this at 1989. I see the FOS has some useful guidance under financial-ombudsman.org.uk/publications/technical_notes/ppi/rules-codes.html particularly the section at the bottom under the headings application and other litigation Thanks for the guidance dx100uk
  4. 'They' are Bradford & Bingley Building Society Going after Lombard / RBS - yes I was thinking that's my next step since I have clear proof they provided the loan and the insurance was under their name with the insurance provider, Pinnacle. Is there any pitfall with this and should I be going after Pinnacle rather than Lombard / RBS ?
  5. Finally had a response back from the building society which arranged the loan - they state the provider, Lombard (RBS) confirmed to them have no data regarding the selling agent and will investigate no further until I can provide the building society with proof they were the selling agent of the Lombard loan. I do have loan documents from Lombard on the back of a SAR but the agreement is a blank photocopy with a hand written month / year reference circa the time of the loan. Any suggestions on what I can do to move this forward ? Just to be clear, originally all I had was a confirmation from Lombard regarding the final payment being received, the only hard proof I have is the SAR documentation from Lombard which specifies the loan account, amounts, payments but no seller data. At the moment I'm thinking of SARing the building society since all I've sent to them so far is a PPI claim
  6. Current agreement and policy added So with monthly repayments of 165.55, entering £32 in the sheet for each month gives me £3,741 Just to recap, this was a loan of £4700, over 48 months with total PPI (not interest) of £1126 with a total repayable amount of £7946.40 over the full term agreement_policy_1998.pdf
  7. From what I can find, s77 CCA doesn't apply for a copy of the agreement once the loan is paid off, and the agreement sent with the SAR response looks to be a blank copy - I imagine you won't want that. Other than that what have I not read properly ?
  8. Hi dx100uk, I looked at the spreadsheets but the output didn't look appropriate. I have a SAR response for a 20 year old loan with PPI, the agreement form appears to be a blank copy or such a poor scan that it looks like it hasn't been filled in. The loan was arranged/sold by a building society but was from Lombard, now part of RBS. What I have is: Amount of loan Total interest Total insurance Total repayable amount Term of loan Monthly installment amount - fixed amount, same amount each month Due date And a payment history I'm trying to work out the total amount I should be claiming from the building society in a direct PPI claim, ie not small claims (as yet)
  9. Can anyone provide a copy of the software or is someone willing to perform the calculation and provide the output ?
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