ge money ppi reclaim

[Anna67]

Hi im new here

 

iv been trying to pursue GE since 2008 first by myself then with a solicitor

 

the solicitor dint give my case time and attention so i took them off the case and decided to try and go it alone,

 

i took a loan out in 2006 for £7,500,they put a ppi on it for £2065.50 then added it together as a whole sum

£9565.50plus application and completion costs total cost of credit £6863.70

 

anyway had 2 firms of ppi firms calling me today one was firm i fobbed off for taking too long and the solicitor said that the two items put together isnt illegal thats how it should be that i wont be able to say the loan was therefore void and i cant claim restitucinery damages ect and i wouldnt then be able to claim all the solicicitors fees they charged plus legal fees when they tried to possess my home (loan was secured)

 

isold my car and took another loan to save it to sell myself as my now ex husband didnt tell me he wasnt paying it anymore as i was divorcing him and the solicitor said i wouldnt win anyway on my own and id end up paying thier legal fees as i know nothing about litigation s

 

so after feeling i was finally taking them on im deflated, before i spoke to the solicitor i ranf GE they gave me a new ref no and asked what outcome i wanted i told them i wanted ppi back plus interest plus all the legal fees when they tried to re possess my home, they said the solicitors i was using stopped responding so as it had been a while i wasnt bothering ???

 

i dont trust them i think they will start with the rejection letters of 2008 but i kept a copy of every letter i sent them and thier replies from when i started to when the crappy law firm took over so will i stilll be in with a chance if i pursue sorry its long winded

[Anna67]

oh

[Anna67]

im new

 

please advise

 

i took a secured loan with GE money(first national) through a broker (click for freedom) in 2006 with my now ex hubby, it was for £7500

 

they added the ppi for £2065.50 together to make one lump sum(is this illegal)?as they charged me the sum as a whole with the interest instead of separate.

 

Anyway the pppi was forced on us we where told no ppi with them no loan plus iv found out it only covered 5 yrs of the loan instead of the 10yrs the loan period with,

 

i also found out that as a second applicant my ex hubby was main applicant i wast covered anyway and as i worked for the council at the time i didnt need it as they have long term sickness payments anyway,(solicitor told me )

 

anyway i tired and got the same its not our problem response and i have kept every copy of every letter i sent plus wht they sent

 

i instructed a ppi law firm in nov 2008 they till 6 weeks ago dint do much so i instructed them to stop on my behalf,

 

i then today decided i would pursue it myself,

 

i have been to court in 2007 with GE trying to re possesss my home as my now ex hubby decided he wouldnt carry on paying it as i was divorcing him so he stopped paying the secured loan with GE and the mortgage with the Chelsea ,

 

so j ha d 2 re possessions on it

 

i had to sell my car and take anpther loan to pay it all

 

i went to court and even though i had the money GE still wanted possession

 

the judge was on my side

 

but to get back to my claim the ppi was missold and is it illegal to out the loan and ppi together????

and if it is i was going for resitutionary damages as it was not a legal loan and if its not legal all the interest the court fees (trying to repossess) solicitors fees default notices ect ect calling in notice ect ect but the solicitors i called off the case

 

rang today and said that the loan and the ppi together isnt illegal (im confused)

 

i was telloing her i was going it alone she also said id only get my ppi back plus interest but if i went to court myself id lise and that GE woukd eat me alive and id pay all thier fees s

 

o after ringing GE TODAY they gave me a new claim number and said they would deffo be in touch(think they will go back to fobbing me off in 2008)i thought i might be getting somewhere as they said they hadnt heard from the law firm i instructed for such a long time they wasnt sure what was going on they seemed ok on phone

 

then the law firm i instructed the told not to bother rang me and said id never do it alone id end up payingt thier legal bill ect so after determination to go it alone

 

im scared law firm said id never get restutionary damages im lost scared deflated HELP XX

[dx100uk]

you REALLY need to tidy up your story before we can help you.

i've done my best

 

 

dx

siteteam

[dj1971]

Anna,

 

Sounds like the solicitor firm are trying to scare monger you into going back with them so they can wrip you off.

 

There is nothing they could do for you, you cannot do for yourself with a little help from caggers on this site.

 

Sounds like you may have a good case for claiming all the PPI back for yourself.

 

How much have you been paying per month just for the PPI? You should be able to get this information from your loan agreement and also what was the interest rate on the loan?

 

DJ

[Anna67]

Hi i have paid the loan off a year after i took it out as i sold my home, the APR was 12.9 .The monthly repayments where £138.16 but that included the ppi as it was totted up in one monthly payment, does anyone know if i should have been reimbursed the ppi as i paid the whole amount in full after one year instead of the 10 year term

[Anna67]

Oh and i really want to take GE to court as they did with me i was in bits after what they put me through because of my ex , id really love to turn the tables on them and win just dont want to lose the case and end up paying thier legal fees but part of me is saying so what just do it, has anyone won a case against them after taking them to county court themselves :/

[dx100uk]

yes you can get that PPI back + int.

 

have you got the agreement you could scan -up....?

for us to be sure of the figures?

 

scan the required letters/agreements/sheets

remove all pers info inc barcodes etc but leave all figures and dates.

goto one of the many free online pdf converter websites

convert the image to pdf format.

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

NB:you can set where it goes in the post by hitting insert inline.

the hit reply button

 

 

dx

[Anna67]

Hi, have scanner i think but i dont have a clue how to use the thing lol il ask for help from my son when he gets back but sure he doesnt either will try very hard lol we bought it 2 yrs ago and used it for print and copying but coulodnt figure out the scanner :0

[dj1971]

Anna,

 

What was the date of your first and final monthly repayments?

 

DJ

[Anna67]

hi the date of first payment was around the 15 th of July 06 the final payment was on 14th march 2008 we sold the house to pay them off final payment was £10,911,48 that included £52.13 interest,£172.49 settlement fee plus £200 settlement admin fee its not good what they charged me

[dj1971]

Ok Anna,

 

So according to my calculations and following the FOS guidelines, you should be claiming back:

 

Cost of PPI: £2,065.50

Compound interest: £252.94

8% on monthly repayments: £173.96

8% on balance from loan settlement: £473.09

 

Total claim = £2,965.49

 

Now go get your money back Anna.

 

DJ

[dx100uk]

well done dj

 

dx

siteteam

[dj1971]

nice1 dx

[Anna67]

Thank you guys for your advice ,can i claim all the legal fees ect if they pay my ppi back too ? and how long does it take to get through the court and will they contest iv got my court claim pack and if i win il put some money into this great forumn xx:)