Am I being fobbed off?? Who are The Finance and Leasing Association?

[Sutera67]

Ive just had a letter from Santander (formerly GE Capital Woodchester), rejecting my PPI claim.

 

The letter says that because my policy was taken out more than six years (taken out in 2001 over five years) that ''we are unable to comment as we consider this to be statute barred'' What does that mean?

 

They also mention that I write to The Finance and Leasing Association if Im not satisified with their response.

 

Sounds like Im being fobbed off.

 

Is an SAR my next step?

 

Thanks for your help,

 

S:???:

[FLAcomms]

You're not being fobbed off - we may be able to help. The FLA is the leading trade association for the consumer credit sector in the UK. Santander are right in referring you to us because we offer a concilation scheme. We can consider your complaint or you can request the Financial Ombudsman Service to review your case. Details about the FLA and how to complain are on our website.

[dx100uk]

you most certainly ARE being fobbed off.

 

there is no limit to time concerning PPI reclaims

 

GO GET 'EM!!

 

dx

[Sutera67]

Thanks for the reply. I will register a complaint with the FLA. I dont understand what statute barred has to do with my claim.

 

Thanks Again

[dx100uk]

if you have not hada letter from the OC stating it is their final responce

then that will be a waste of time.

 

all they are doing is to try and put you off.

 

write back, stating that the limitations act 1980 sec 32c apples & that your PPI reclaim is not subject to a 6yrs time limit.

 

now stop faffing me around and cough up.

 

dx

[Sutera67]

I will certainly let you know how I get on. I am not going to let this drop til I've explored every avenue. Ive estimated Im owed approx £3500.

 

If I do get it back, I'll be making a donation to CAG!

[postggj]

letter says that because my policy was taken out more than six years (taken out in 2001 over five years)

 

what crap are they going to come up next

 

the claiming for ppi starts when you found out the policy was missold

 

even if it was under the statute of limitations, the dates dont add up

 

ITS SIX YEARS FROM WHEN THE ACCOUNT CEASED TO BE ACTIVE

 

TAKEN OUT 2001

 

FINISHED 2005

 

2005 PLUS SIX YEARS = 2011

 

CRETINS

[postggj]

The finance and leasing association are all hot air

 

they get paid by the creditor to look after there own interests

[landy_alert]

Hi Sutera67,

 

All the FLA did for my complaint was send me a copy of a letter I had already received from the company concerned several months before - an absolute waste of time and effort...........

 

Good advice from dx and postggj!

 

Landy x

[Sutera67]

Thank you Landy

[intheblack]

i have just been told by a secured loan lender that they are governed by the complaints procedures

of the FLA. Glad this was here to read

I borrowed 67.000

they have made tthis 71,000

and added

40,000 interest

5,000 early redemption

1600 charges

4500 unspecified charges

taken off the 30,000 i have paid

and want 93,000

the brokerage that sold it were in liquidation and had no consumer credit license at the time

I have rang OFT and FSA and Trading Standards and FOS and Consumer Direct

 

the company says they are not a bank and the loan is unregulated and they are not obliged

to honour the banking code

They are called Pres t ige Fin anc e -

I feel its unfair rel as per CCA - any opinions welcome