I've had a look at the figures and they are correct: 5576.96 payable as 60 payments of 134.91 is indeed 16.9% APR

However, the agreement is not properly executed as it doesn't give the Total Cost of Credit. Therefor it would have to be enforced by court order under s65. I have no doubt that a court would enforce it though.

Thanks all for the help and information. I will have a look at reclaiming the PPI.

I have a loan through Lloyds TSB that I took out around 2004 and it has PPI included. The account at the moment is on a payment plan through Lloyds and I was getting help in this thread below after hitting problems with first credit.

http://www.consumeractiongroup.co.uk/forum/dealing-debt-scotland/153703-help-1st-credit.html

It has been suggested on that thread that I may be able to reclaim the ppi but I don’t have a clue if I can or how I go about it. I pay the loan at a reduced rate just now and they did produce my CCA so I don’t know if that goes against my claim. I have attached a copy of the cca and would appreciate any help.

Thank you

Hiya Scorpion,

Can you use http://www.photobucket.com and scan the agreement there post the link onto this thread then i can expand the doc bigger and have a read.

Soon as i have done that i can then offer advice.

Regards

PF

I currently have a loan on a payment plan as I had to give up work due to ill health.

A CCA request was made and I eventually received it and it shows PPI was on it.

A claim was made on the 1st of June last year through their own team dealing with these claims and at first they said no PPI was on the account

when I said I had the paperwork showing it they said they would look again.

I’ve never been contacted by then but I have phoned them several times but all I get told they will pass a note to the team.

Anyone any suggestions as what to try next?

Thanks

Hi

If this was done on the phone then I would now do it in writing with a completed fos questionnaire (available from the fos website) and a spreadsheet of claim.

Have a read of No.1 in my signature.

LLoyds are good at giving the run around

ims

Thanks for that. I will have a read a yours.

Hi all, it's been a while and I have an update.

It turned out that cca they had sent me was for another account that I hadn't asked for and not this one.

At the time I hadn't noticed the account number being different and as I wasn't expecting another

I thought it was the correct one and eight years on I'm still waiting for it.

I did tell them at the time it was the wrong one but I've never received the correct one.

The reason I'm back is for some more advice.

I kept my reduced payment up until about two and a half years ago and then stopped it due to being ill and getting next to no money.

Last week I received a letter from Lowell saying they now own the account and want payment.

Does my dispute still carry onto them or do I need to start again by sending another cca request?

Thanks all

I would send a CCA request

Thanks for that. I wasnt sure since I originally sent a request back in 2008 and still never received the cca

I would send them another CCA request and make it clear that you will not be paying any money to them without it, and send it 1st class recorded delivery, and await there response. It could be that you are due a refund if it is not your debt.

as it has been passed on you send a new CCA request to Lowells.

They wont have it and you can continue to not pay them.

No need for RD,

just use the proof of posting that you get for free at teh PO.

In law a letter is deemed delivered 2 days after it is sent 1st class so they cant deny getting it anyway

I have a bank loan that's been in dispute for about six years due to Lloyds not complying with a cca request.

It has now been sold and the new company are asking for a payment plan to be put in place despite being told the account was already in dispute. Can they do this?

Yes and Yes... Oh and Yes they can...

We need more info though. Whos the DCA?

Is it Stat Barred yet? When was your last payment?

is this the one that was bounced to 1st credit and you reclaimed PPI?

dx

For some reason I can't get back onto the other thread. I thought it was deleted but yes it's the same account. I've read on other threads that it can't be sold as it's a breach of the cca so just thought I'd check

4 threads merged on same debt.

get a new CCA request running.

No probs, will do. Thanks