Jump to content

 

BankFodder BankFodder


conchy_joe

Welcome/Norwich Union PPI.

style="text-align:center;"> Please note that this topic has not had any new posts for the last 457 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hi everyone,This is my first time on this topic

 

.I am currently paying off two loans on reduced payments, one with Welcome which is almost finished and one with Norwich Union which is halfway through.

 

The Welcome document shows an optional payment protection insurance for £344 and healthcare for £170.The Norwich Union shows an item for Norwich Union Creditcare Gold for £369.Would I have case to reclaim these charges.Both date back to 2001.

Share this post


Link to post
Share on other sites

Hi everyone,

 

I took out two loans in 2001,

 

the first was with Welcome Finance and

 

the second with Norwich Union.

 

The Welcome loan was for £1300 but I was also sold "optional" payment protection for £344.67

 

and Healthcare for £170. the APR was 57.1%.

 

The norwich Union loan was for £1000 but they also added "Norwich Union Creditcare Gold"

which came to £369.50.the APR was 21.8%.

 

When I look at the loan agreements now I'm amazed to see that the Welcome loan ppi/healthcare comes to 39% of amount borrowed

,and the Norwich Union loan creditcare gold comes to almost 37%.

 

The Welcome loan has been paid but I'm repaying the Norwich Union loan to Cabot(who have bought the debt).

 

Does anyone know if I have a chance of reclaiming these ppi's.:confused:

Share this post


Link to post
Share on other sites

Yes indeed you do, get you claim in pronto ;) it was massively mis-sold and was just a money spinner for the financial sector.

 

Read the links at the top of the PPI FORUM loads of info there to get you on your way.

 

Good Luck

 

If you need more help or advice post here and someone with the knowledge will be along.

 

PF


If I have been of help to you please feel free to click my scales to the left Thanks.:)

I have no legal training and the advice I offer is what I have learnt here and offered as a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner.

 

Finally if you succeed with your claim please consider a donation to consumer action group as those donations keep this site alive.

 

CARTER V Co-Op

BANK CHARGES

REFUNDED £3567

 

POMPEYFAITH V Co-Op PPI

OFFER MADE BUT REFUSED

ONGOING AND STILL ONGOING

NOW WITH THE OMBUDSMAN

 

R.I.P BOB aka ROOSTER-UK you have always been a Gent on these boards and you will be remembered for that.

 

Share this post


Link to post
Share on other sites

Thanks pompeyfaith,I'll check out the links.Thanks for helping me with my problem.

Share this post


Link to post
Share on other sites

Hi everyone,

 

Today I phoned the OFT regarding claiming back PPI.

 

I was told that any agreements prior to 2005 were dependant on the finance/credit card company

being members of the General Insurance Standards Council,

 

if the company was not a member of GISC it could make any claim difficult.

 

Does anyone have any info regarding this matter.

Share this post


Link to post
Share on other sites

Hi, The FSA regulates PPI from Jan 2005, prior to this it was regulated (to an extent) by the GISC. Insurance companies did belong to the GISC but Finance comapnies were not compelled to to join.

Ask the Insurance company if they were members of GISC

  • Haha 1

Share this post


Link to post
Share on other sites

Hi PPI-HELP,

 

My claim is against Welcome and is for approx' £780.

 

Do you happen to know what this company is like to deal with.

 

I'm told they have now been taken over,

 

would this complicate my claim.

Share this post


Link to post
Share on other sites
Hi PPI-HELP,My claim is against Welcome and is for approx' £780.Do you happen to know what this company is like to deal with.I'm told they have now been taken over,would this complicate my claim.

 

Some info on welcome.

 

305742 - Welcome Financial Services Limited

Current status: Authorised Effective Date: 02/11/2004 Tied Agent:

Undertakes Insurance Mediation:

Registered under Money Laundering Regulations:

Address: Mere Way

Ruddington Fields Business Park

Ruddington

Nottingham

Nottinghamshire

NG11 6NZ

Phone:44 0115 984 9200

Fax:44 0115 984 9302

Email:[email protected]

Website:www.cattles.co.uk

Notices: Unable to hold client money.

305742 - Welcome Financial Services Limited

Regulator Name Firm reference number Effective From To Financial Services Authority 305742 02/11/2004

Complaints Officer Address: Mere Way

Ruddington Fields Business Park

Ruddington

Nottingham

Nottinghamshire

NG11 6NZ

Phone:44 0845 618 7804

Fax:44 0115 984 9302

Email:

Website:www.cattles.co.uk

Hope this is of use

aa

 

 

 

 


I have no legal training and the advice I offer is a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner.

------------------------------------------------

Bank charge successes:

Halifax - Full settlement incl interest.

HSBC - Settlement, goodwill no admission of liability about 75% of claim.

RBS - Settlement, goodwill no admission of liability about 70% of claim.

2 ongoing claims for bank charges with HSBC with more to come. (Supreme Court ruling could have upset these claims) They did :mad:

PPI Successes

PPI 4 settlements on 9 loans. FOS involvement on 7 added on the 8 % Statutory interest another 30% to both.

2 claims settled in full with LV without FOS involvement.

2 claims settled in full with HSBC without FOS involvement

 

PPI Claims ongoing with:

Cap one Now with the FOS

Barclays. Paid up today 24/04/10 cheque received for over £4,500 and in the bank.

LTSB still have to decide on this as their SAR production was abysmal. Papers data mixed up documents missing etc

 

1 Complaint not upheld by FOS they said it was ICO issue. Complaint upheld by ICO. See this..

Post 290 from

***RBS PPI Claim Long fight but, WON***

 

Please do not PM me for advice as it may be sometime before I can respond.

 

Keep at them. Do not give way and do not accept all they tell you, they will delay and stall for as long as they can to prevent repaying you your mis-sold PPI.

 

Share this post


Link to post
Share on other sites

Hi Alanalana,Thank you for the info.

Share this post


Link to post
Share on other sites

Hi,I've seen quite a few ads on TV regarding PPi,they say you can make a claim for PPI refunds on loans ,etc up to six years.Is this a hard and fast rule or is it possible to claim further back.

Share this post


Link to post
Share on other sites

the advertisements, the claims management companies – and most of the lawyers don't understand the principles involved here and therefore they don't know what your talking about.

 

If you claim the refund of payments on PPI which has been mis-sold to you, you are seeking the return of money paid under a mistake. The six years limitation period begins from the date that you appreciated the mistake or the date that you could reasonably have done so.

 

This means that if you only realised that PPI had been mis-sold to you, say, three years ago, then the six-year period began from that moment which means that it would have another three years to run.

 

If it was only reasonable that you could have discovered the mis-selling now, then the six-year period begins now and runs to 2017.


Share this post


Link to post
Share on other sites

Thanks Bankfodder,We have had several loans over the last ten years or so,also a couple of credit cards.Can you tell me if there is a step by step guide to reclaiming PPI. From what I can gather it seems more complicated than the bank charges were.

Share this post


Link to post
Share on other sites

The claim is not really all that complicated at all Joe.

 

Assuming you do not have copies of all the agreements, your first step would be to send a Subject Access Request (SAR) to your creditors.

 

This is a legal request for them to provide all the information they hold on you as a data subject.

 

There is more information about the SAR on the PPI homepage sticky entitled "full sar for ppi"

 

Once you receive all the documents give us a shout and someone will be along to help you with the next step.

 

Don't forget to send the letter addressed to the data controller at the creditors registered address and post it special delivery, keeping a copy of the receipt as proof of postage.

 

Good luck

 

DJ

Share this post


Link to post
Share on other sites

Many thanks, I'll start the process now.Let you know how things pan out.

Share this post


Link to post
Share on other sites

Hi everyone, Does anyone have an up to date address for Wellcome Finance ?.I'm in the process of reclaiming PPI from them.I sent off the first letter in August and got no reply.I used the address on the loan form, Wilford Business Park,Notts.

Share this post


Link to post
Share on other sites

you need to use the cattles address at batley , yorkshire

Share this post


Link to post
Share on other sites

Hi Postggj, Sorry but i'm a little confused.I managed to get a number for Welcome from the Web,their Birmingham branch gave me an address in Ruddington,Nottingham.

Share this post


Link to post
Share on other sites

ruddington is the mere way address (compliance)

 

things have a habit of going mising

 

send recorded to this address and head it welcome finance

 

Cattles Limited Registered Office:

 

welcome finance

Kingston House

Centre 27 Business Park

Woodhead Road

Birstall

Batley

WF17 9TD

Share this post


Link to post
Share on other sites

Beware i got my loan and PPI from Welcome finance and wasted an entire year exhausting thier complaints procedure . Getting no response i contacted the ombudsman who ordered Welcome to issue a final response .

 

The response stated i must direct my complaint to Bluesky Personal Finance and to this day i have no idea why ? something to do with broker ?

 

Bluesky Personal Finance

Tintern House

William Brown Close

Liantarnam Industrial Park

Cwmbran

Gwent

NP44 3AB

 

Anyway i wasted a year writing to Welcome , then another year writing to Bluesky , then another year writing to the Ombudsman , and this week i lodged a complaint against the financial ombudsman service because i am convinced the director actually owns both bluesky and welcome and so it is he whom ripped me off to begin with .

 

Its been a total waste of time for me but i wish you luck .

Share this post


Link to post
Share on other sites

Thanks Minus-Millions,I'll try to have a look at Bluesky.In the meantime is there any cagger who may be able to shed some light on this matter.

Share this post


Link to post
Share on other sites

well known con from welcome this

 

anything to do with welcome send direct to the address given in post number 4

 

cattles was welcomes parent company

Share this post


Link to post
Share on other sites

Thanks Postggj,I'll send the identical letter to that address.The date of origin will differ though,Will that pose a problem ?.

Share this post


Link to post
Share on other sites

no problems

 

as l;ong as recorded delivery

Share this post


Link to post
Share on other sites

Hi everyone,I complained to Welcome Finance in August re PPI,today I received a letter from them (Final Response) they state that my complaint "is outside the relevent time limits."

They go on to say that "The rules of our regulator(FSA) state that where a complaint relates to an event that took place before 27 February 2003 we are not required to investigate your complaint.Sales of insurance made before this date were the responsibility of the insurance provider,not the broker who sold it"

They say as a result they have not investigated my complaint,and that if I am not happy with their decision I should deal with the FOS..within six months.

I really detest these bottom feeders and would be grateful for any help.

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...