New PPI Claim, how?

[cfcboy]

Hi,

I have recently had a cold call from a claims company telling me I can claim thousands of £'s back from PPI's. I went through my loans over the last few years and they said I could claim back a minimum of £6k, this was without being sure if I had ever PPI with these loans. At the end of the convo he said "you could claim all this for £199 upfront fee"... hmmmm

 

Sounds nice but I dont have £199 at this moment in time! Is there a process to do this off my own back? I have the loan refernce numbers but I cant remember if I had any PPI's im sure i must have had one or two somewhere.

 

Thanks guys

[birchave0]

yes you can apply to claim back any PPI you think may have been miss sold and it will cost you nowhere near that amount!

 

As long as you have your account number contact the bank/company in question issue a SAR, include your £10 and by law they will have to send you all of the information on the account. Then you can decide if you have a case.

 

Do not be taken in by these companies

 

you can do everything yourself

[cfcboy]

Thanks for the quick reply.

I have to pay £10 for a copy of each loan details? Seems a little steep, esp when i got 6 or 7 of them and I have no idea if i took out PPI

[silverfox1961]

Hi,

 

You have to pay £10 for ALL the information the bank have. If that means they have to supply the details of 10, 20 or more accounts then so be it. Just include all account numbers

 

ONE £10 fee per bank

[cfcboy]

Ok, that should break it down a bit, HSBC, M&S and EGG.

Sorry to be a pain bet is there a default SAR form in the consumer forum library? Struggling to find one.

Also, do i enclose a £10 cheque as its states UPTO £10 so I wont know the cost when sending the SAR out.

 

Thanks again

[silverfox1961]

It's a straight £10 not "up to £10"

The SAR is here, letter 2

 

The Consumer Forums - Bank charges templates (consumer)

[alanalana]

Ok, that should break it down a bit, HSBC, M&S and EGG.

Sorry to be a pain bet is there a default Subject Access Request form in the consumer forum library? Struggling to find one.

Also, do i enclose a £10 cheque as its states UPTO £10 so I wont know the cost when sending the Subject Access Request out.

 

Thanks again

 

It will be £10.00 per bank and a Postal Order or cheque is the way to pay.

 

You should also ensure you send the mail recorded signed for delivery so you have a proof of receipt. You can then count down your 40 day deadline.

 

SAR from the stickies at the top of this forum.... Full SAR for ppi

 

There is another one in the bank templates library

[cfcboy]

Ok cheers guys, they have been sent.

I have found an old one from HSBC, is there a possiblity i can claim? Im being hassled by two claims companys to pass me the details bit at £200 upfront cost and 20% commision (plus they are way to pushy!) I would like to do this myself:

 

HSBC - loand started Dec 05

Principal Loan £4800

PPI £790

30 months

14.9%

 

29 payments of 190 for loan and £32 for PPI.

 

Total interest - £914 for loan and £150 for PPI

 

I have noticed I ticked and signed the following box:

 

" I X X wish to purchase a Personal Loan Protection Plan

I understand that I am purchasing the product ticked above on credit provided by you and the the terms relating the credit to the product can be found above and in the Loan Terms attached"

 

Any ideas where I stand on this??

Thanks again

[alanalana]

Ok cheers guys, they have been sent.

I have found an old one from HSBC, is there a possiblity i can claim? Im being hassled by two claims companys to pass me the details bit at £200 upfront cost and 20% commision (plus they are way to pushy!) I would like to do this myself:

 

HSBC - loand started Dec 05

Principal Loan £4800

PPI £790

30 months

14.9%

 

29 payments of 190 for loan and £32 for PPI.

 

Total interest - £914 for loan and £150 for PPI

 

I have noticed I ticked and signed the following box:

 

" I X X wish to purchase a Personal Loan Protection Plan

I understand that I am purchasing the product ticked above on credit provided by you and the the terms relating the credit to the product can be found above and in the Loan Terms attached"

 

Any ideas where I stand on this??

Thanks again

 

If you have a valid reason for claiming mis-selling.

 

CLAIM IT.

 

You may have ticked the box but unless all the details were explained to you and you should see this as they should have completed a questionnaire to ensure all the correct questions were asked to ensure the PPI was suitable to you needs... this is an example...

 

..http://wwwa.mbna.co.uk/insurance/files/CP0608_INSU_MB_LP_S.pdf

 

PPI products have been pushed onto unsuspecting consumers. Very few products have fulfilled the requirement of Insurance due to the exclusion clauses, some have been added on without the creditor being made aware and quite a lot have been added with no Consumer Credit Agreement only an Application Form which does not fall within the Legistlation of the Consumer Credit Act 1974 and so would more than likely be unenforceable.

 

aa