Jump to content


  • Tweets

  • Posts

    • Following all of the activity in Autumn of last year in which AJJB Law did not respond to my response to letter of claim they've started again!    Despite me giving them my new address as per the original thread they sent me two texts this week one on Tuesday saying they have issued a Letter Before Claim and one this morning saying I haven't replied to their Letter before claim and will incur costs...   I just wanted to check that I don't have to respond to this phantom letter of claim and that my original response (for which I have proof of postage) will be sufficient to just ignore them?   Thanks again for your help!   GIB  
    • Thanks Dixon,   I need a couple of days to consider this and come back to you but I fear your options are limited.
    • What did she actually put on the form? would be good to see what was sent to them, as likely she has outed the driver .
    • Attachments (Exhibits)   FTMDave and I have called them "Attachments" but I note Andyorch used the term "Exhibits".  I don't think it makes any difference which you use but perhaps Exhibits is more correct.  Whichever you use, make sure you use the term consistently.  (i'm going to use Attachment for now).   You use Attachments as supporting evidence for things you mention in the numbered particulars of your claim.  Might be a report from a third party or a quote from a third party.  In the relevant numbered particular of your claim you refer to the appropriate Attachment supporting that part of the claim.  eg like this "(See Attachment A)".   You can use numbers or capital letters to identify each Attachment.  I don't think it matters which but be consistent in your usage.   It helps if the Attachments are organised and incorporated into your claim in a logical sequence.  (eg A, B, C etc)   Make sure each attachment is clearly labelled "Attachment A"  etc.   If it is not immediately clear to the reader what an attachment is, put a brief description.  Eg "Quote from XXXXX Ltd to complete unfinished plastering" or whatever.  Make sure the reader can understand what each attachment is.   Ideally each Attachment will be no more than one page.  So you can make the labelling of attachments even clearer by labelling them "Attachment A  -  page 1 of 1" etc etc.   If an attachment is longer than one page you label it "Attachment A - page 1 of 2" and then "Attachment A - page 2 of 2", or whatever it is.   By doing all that you are making it easier for the judge to follow - and you want the judge on your side...   Now - what you've posted in #109 is helpful because it adds up to to £16577.  Which is good.  But if I were the judge, I'd want to know where the individual items come from.     So what you have posted in #109 should - I suggest - be your final attachment.  Let's call it "Attachment H" for now.  So at the end of your particulars of counterclaim where you say you are claiming £16577 from the defendant, you put the reference "See Attachment H".   The judge then looks at Attachment H and sees a total of £16577.  What you then need on Attachment H next to each individual item on there, is a reference to which earlier Attachment that item comes from.  eg "See Attachment C".  The judge can then look at Attachment C and understand where the item on Attachment H comes from.  By doing that rigorously and methodically for each item on Attachment H you are justifying each item and the total of £16577.  Yes?   Your schedule in #109 is OK but raises questions that need answering.  eg: spelling as spotted by Honeybee13 Grand total as spotted by Honeybee13 TBA or estimates as per my previous post and Honeybee why is it in two separate sections (£8577 and £8000)? The item numbering is absolute garbage At the end of the day it is going to be the detail (or lack of detail) in your attachments that will win (or lose) you the case.  It has to be just right and you have to be consistent.  It has to be logical, methodical and consistent so it can be understood immediately.   I don't want you to give me answers to these questions.  I want you to act on them.   As I said earlier, don't post any more work you have done for now.  Wait until FTMDave is back this evening so we are all working from the same page at the same time.   If Andyorch or FTMDave suggest anything that disagrees with me, go with what they say.  They know more than me.   (I suspect one of them might suggest some kind of contents list identifying and listing all the different attachments)    
    • Hi again I sent my letter off on Monday, signed for delivery as I wanted to make sure it's got there, it was finally delivered yesterday Last night I had a text from them:   "There is a 50% settlement discount available on your account.  If you cannot pay in full this can be paid across 3 equal monthly instalments of £339.57.  To take advantage of this offer please visit" and then a website link.   Hopefully they will be in touch soon to say they've taken the letter on board and will leave me alone now.   I'll update this thread if I hear anything, it really helped me to see others had been in my situation. Fingers crossed
  • Recommended Topics

  • Our picks

  • Recommended Topics

Claiming back PPI on Halifax loan from 2002 **WON FULL AMOUNT REFUNDED**


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 2436 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hello Everyone

 

I took out a loan with the Halifax back in 2002 which i paid off in 2007. It had a single payment upfront PPI policy attached.

 

The cost of the PPI was £1488.63 + £ 347.97 credit charge for the insurance.

 

I have a couple of questions as i am a little confused.

 

Am i still able to put in a claim for misselling on this policy even thought the loan was taken out more than 6 years ago? I have read a few sites that says yes i can as the policy was active within the last 6 years. I also have all the paperwork for the loan & the PPI still.

 

Also, can you claim the statutory 8% interest against this amount like i dd on my bank charges claim? If so, how does this work? how do you calculate it?

 

Finally, what is the first stage in starting a claim and are there any templates i can use here in the website?

 

Thanks in advance,

 

Danny :)

Link to post
Share on other sites

  • Replies 101
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

  • 2 weeks later...

Danny,

 

You do not need to do a SAR.

 

Just add the total charge for PPI plus the charge for interest. Then add 8% per annum to each monthly repayment for PPI from the date of each repayment to date of settlement. As you cannot know the date of settlement at this time, personally I would use 1st September 2010.

 

For interest calculator I use www.bllaw.co.uk/...for.../simple_interest_calculator.aspx

Link to post
Share on other sites

  • 6 months later...

Believe it or not i STILL haven't started this claim yet! Are you still able to claim back on loans this old or has anything changed recently that would prevent me?

 

I'm going to start this off tomorrow.

Link to post
Share on other sites

PPI is never limited to 6yrs

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Believe it or not i STILL haven't started this claim yet! Are you still able to claim back on loans this old or has anything changed recently that would prevent me?

 

I'm going to start this off tomorrow.

 

The banks are seeking clarification , but this does not stop any claim going forward .

 

The six years start when you realised that you were missold the PPI

 

it may take longer due to the backlog thats built up

 

good luck

 

rs

Link to post
Share on other sites

  • 2 months later...

Hello All

 

I'm wondering if someone can help me working out my claim amount for PPI? I've had a look at the calculator on here but can't seem to get it to work.

 

I have all the paperwork from the loan (Single Premuim PPI Policy)

 

The total loan amount was £7500 over 5 years.

 

The monthly payments were £187.03 per month.

 

The first payment when out approxiamtely 10/11/02. I settled the loan slightly early on 21/08/07.....so i think i made about 57 payments each month in total.

 

The interest was 8.9% APR.

 

I really am a bit lost with it all. I have all the original paperwork from the loan, so what would the first step be in starting a claim?

 

Sorry for so many questions, hope someone can help. If any more info is required please let me know.

 

Kind Regards,

 

Danny

 

The PPI cash lump price was £1488.63 (*and it says in another box under it 'total charge gor credit for insurance loan')

 

The

Link to post
Share on other sites

use this one

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

and have a read of the fos site

 

http://www.financial-ombudsman.org.uk/publications/technical_notes/ppi.html

 

calcs are there as well as the complaint form and case examples in pdf format

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

That's great thanks, so who do I complain to first of all? Do i write to my bank requesting a refund or complain straight to the ombudsman? Also, when working out the reclaim value on the calculator, so i just calculate using the PPI value then add the 8% interest, or do i add the 'total charge gor credit for insurance loan' to the PPI figure and then the 8% onto the the combined total?

 

Thanks.

Link to post
Share on other sites

workout what you paid PCM for the PPI [work out the total % the PPI was of the total loan - then work out that % of the repayment]

 

thats what you claim each month from its paid date to the date of your claim.

 

if you look on thre elevent PPI PDF for you type of loan on the fos website

it shows you how to calc it at the end of the examples.

 

else ping ims21

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Hi Danny

 

Just picked up this thread.

 

If you want help with your claim calcs just shout in this thread and I'll pick it up and join in.

 

Regards

 

ims

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Hi ims21,

 

If you could give me a hand with the calcs i'd really appreciate it!

 

Details are as follows -

 

1st loan payment was approx 10/12/02, last payment approx 21/08/07 so paid 57 payments of the 60 in total then paid off the rest early, however, im sure this early settlement figure probably included a PPI cost in it? So unsure whether or not to base the claim on 60 payments over the full 5 years.

 

Loan was for £7,500 @ 8.9% apr over 60 months.

 

The 'total charge for credit for cash loan' was £1885.20

 

Total amount i pay for cash loan was £9,385.20

 

PPI cost was £1488.63

+ 'total charge for credit for insurance loan' was £347.97

so, total charge for credit for PPI was £1836.60

 

Montly payments were £187.03 over the 5 years.

 

So, the total for everyhting i paid was £11,221.80, which = £187.03 @60 months.

 

£1836.60 (PPI inc interest) divided by £11,221.80 (Total loan) equals 16.36%.......

 

16.36% of £187.03 (monthly payment) = £30.61

 

---OR---

 

Put simply just divide the total PPI cost of £1836.60 by 60 payments and that equals £30.61 a month???

 

I have put it into a spreadsheet that was in this thread and i have worked it out to be a total claim of £2966.60 of which £1836.60 is the original PPI with the interest charge, plus the 8% simple interest from the date of each claim.

 

Does this looke right as I'm really confused!!

 

Thanks very much, Danny.

Link to post
Share on other sites

Hi Danny

 

Happy to help

 

I'l have a look but might not be able to post a reply till tomorrow

 

ims

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Hi Danny

 

Nice easy one for me to look at.....your spreadseet is fine.....you even got the final payment correct, i.e. the lump sum.

 

Nicely done

 

ims

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Great stuff! That's reassuring to know!

 

So what's the first step?

 

Do i write to Halifax requesting a refund for the mis-selling reasons that I have and include the spreadsheet as a breakdown? Or do i complain to the FOS? Or both? :???::???:

 

Danny

 

Hi Danny

 

Next trip is to the fos website where you will find some templates and info about your next step.

 

Download their questionaire and fill it in.

 

Send your preliminary letter ( template on fos site I think) together with your spreadsheet and the questionaire to Halifax. Wait for their response whcih can take up to 8 weeks for them to give a final decision.

 

If they don't cough up then you have a decision at that point as to whether to let fos handle it or take it to court.

 

Cross that bridge when you come to it.

 

Incidentally, just tidy up your spreadsheet by putting your personal stuff in the top and in Column A, for each entry put "ppi Payment"

 

ims

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

You're :welcome:

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Have a read up on Section 32 of the Limitation Act 1980, you may need to refer to that in any future correspondance, especially if you are going back more than 6 years. Its here :

 

http://www.legislation.gov.uk/ukpga/1980/58

 

Postponement of limitation period in case of fraud, concealment or mistake.

WARNING TO ALL

Please be aware of acting on advice given by PM .Anyone can make mistakes and if advice is given on the main forum people can see it to correct it ,if given privately then no one can see it to correct it. Please also be aware of giving your personal details to strangers

Link to post
Share on other sites

 Share

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...