CCA, charges & credit agreement

[dx100uk]

work out what % of the total cash price was PPI [1441.54]

then that % of the monthly payment was what you paid each month for the PPI.

then for EVERY payment fron EACH Date it was paid

hit them with 8% int

to the date of your claim

using the above calc

 

rest = 12

 

days 360

 

std calc as with any other agreement from welcome .

 

just look at other threads of welcome & PPI in the welcome or PPI forums

 

dx

 

 

 

http://www.egalegal.com/compoundWindow.html

[dx100uk]

no.

 

two sep claims.

 

now please slow down

 

you need to get this right

else it'll make you look silly.

 

READ some other threads here and in the PPI forum

ABOUT WHAT TO DO.

 

you dont add any int to the PPI other than 8% stat int.

 

so what have you worked out as you portion of your monthly payment THAT YOUR ACTUALLY paid ...was PPI?

 

to that you add 8% stat fromEACH payment date to the date of your claim [make a spreadsheet get it checked]

 

as for charges YOU CAN add the int rat quoted on your agreement, use the same process as the PPI but use THEIR int rate NOT the 8%.

 

IF AND WHEN it goes to the FOS THEN you can add the 8% to to each unlawful fee but only then.

 

 

get everything checked before you do anything

dx

[dx100uk]

no bother thats great

charges..hit them with the highest of the two!

 

i doubt they'll cough so the fos wil check everything anyhow

they might do

but i bet they wont.

 

dx

[dx100uk]

the letter you posted had pers info showing and cant see a SOC

 

dx

[dx100uk]

i think you will find the contact might be welcome staff?

 

the FSCS took over the welcome stuff when they collapsed 18mts ago.

 

where has the letter come from?

 

dx

[dx100uk]

good to see you back......

 

i would suspect that is the welcome staff acting under the FSCS rules

 

ok so are you looking to get this running again.

 

dx

[dx100uk]

so you got all the details?

 

dx

[dx100uk]

charges & PPI will be sep Spreadies

 

PENALTY fees upto 6yrs old can be reclaimed at their int rate

 

foscisheet

 

ppi the staint sheet

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?330996-Latest-Spreadsheets-PPI-Claims-and-Charges-Claims-Dec-2011

 

see below too

 

dx

[dx100uk]

set your default scan page size to A4 less than 300DPI [150 will do]

scan the required letters/agreements/sheets - as a picture[jpg] file

don't forget you can use a mobile phone or a digital camera too!!

'

BUT......

ENSURE: remove all pers info inc. barcodes etc using paint program

but leave all monetary figures and dates.

*********************************************************

{DO NOT USE A BIRO OR PEN OR USE SEE THRU TAPE OR LABELS]

try www.pdfescape.com TO BLANK STUFF,

*************************************************************

or

DO IT IN MSPAINT.EXE or any photo editing program

goto one of the many free online pdf converter websites ...

http://freejpgtopdf.com/

if you have multiple scans/pics

put them in a word doc FIRST and convert that to PDF

or use www.pdfmerge.com

convert existing PC files to PDF [office has an installable print to PDF option]

..

 

it would be better to upload a multipage pdf if

you have many images too rather than many single pdfs

.

or if you have PDF as an installed printer drive use that

or use word and save as pdf

try and logically name your file so people know what it is.

i'e Default notice dd-mm-yyyy

.

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

.

dx

[dx100uk]

for the PPI you'll need to fill out the FOS CQ

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

 

and a simple covering letter

 

Dear Sir or Madam,

Re:

 

I am writing in relation to the above payment protection (PPI) policy which i believe was mis-sold to me in

relation to my

I believe you have not treated me fairly for the following reasons;

· The PPI was added without my knowledge..

· You have been punished by the Financial Services Authority for failing to treat customers fairly and I do

not believe that the PPI I bought was sold in my best interest.

Unless you can prove that the policy was fair and reasonable and that I was treated fairly when I was sold the

insurance, I demand a full refund of all premiums, and subsequent interest on these payments, that I have paid

in relation to this policy. I also expect 8% interest to be added to each payment I have made as this is the

statutory amount a court would pay.

I look forward to your full and prompt response to this letter. If this matter is not settled within eight

weeks of this letter I shall be contacting the Financial Ombudsman to investigate my complaint.

This letter is in respect of the above account that was issued by

Yours faithfully

or

The Complaints Department

[Lender’s address]

[Date]

Dear Sir/Madam,

Ref – policy number

I believe I have been mis-sold a payment protection insurance policy and would like to request a full refund

of my premiums, plus interest paid.

I took out a £xxx loan/credit card at your [branch name] branch on [date] and also bought a payment protection

policy which would cost me an extra £xxx over the life of the loan. [The name of the salesperson who sold me

the policy is …] The total amount of my premiums plus interest is £ xxxx.

When I took out the loan, I was told that my application would be refused if I did not also buy a PPI policy.

The Financial Services Authority’s advice to consumers is that, while it does not breach FSA guidelines, a

borrower should not be refused a loan if they choose not to buy an insurance policy.

Possible additional paragraphs – include any which apply to you

[i also told your salesperson that I had adequate insurance cover through a separate income protection

policy.]

 

[i said I did not need the PPI as my employer provides a generous illness and redundancy package.]

[You are not allowed to make PPI a condition of taking out the loan unless you include the costs of PPI in the

quoted interest rate, which you did not do.]

[in forcing me to buy this policy, you have also breached paragraph 8.6 of the Banking Code, to which you are

a signatory.]

I do not believe being forced to buy this policy as part of the loan was a fair and reasonable obligation as I

did not need this insurance and said at the time of taking the loan that I did not want it.

I am requesting a full refund of all my insurance payments, plus interest, which total [£ xxx].

If I do not receive a favourable response from you I will pursue this claim through the Financial Ombudsman.

Yours faithfully,

 

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

 

as its done by the FSCS the payment will go off the balance

 

you should get the 8% to your pocket though.

 

as for the charges

 

there is a credit card charges complaint letter in the library adapt that

 

dx

[dx100uk]

where are the statements the charges came from please?

 

dx

[dx100uk]

typical welcome statement

 

al absolute rubbish and made up.

 

are you saying you are still paying this...

 

pers i'd write welcome a letter

 

the agreement is invalid and falsified

so thus under the CCA you should get aLL you payments back + 8% int.

 

the bit you related to above about the sig i senough

 

howver

 

add to your charges list...

 

fee assessment [hidden penalty charges int]

 

5/1/9 fee

9/1/9 fee

7/1/9 letter fee

9/4/10 letter

[dx100uk]

ref post 11

 

dx

[dx100uk]

did you reclaim then or get the money back too?

 

I hope the default has gone too?

 

The Consumer Action Group needs help to cover itsexpenses.

You could help by making a money contribution to http://www.consumeractiongroup.co.uk/paypal.php?go=donate

dx

[dx100uk]

ok don't let it go!

 

dx