Help with #####PPI LLoyds TSB & GE Capital

[b3ckford]

Hi, I wonder if you guys could help me, I’ve searched but couldn’t find the relevant info apologies if I’ve missed it.

 

I have two loans, one with Lloyds’ and one with GE capital. I have attached the agreements on here so you can have a look at them. What I want to know is, is the PPI on these loans a single premium or not? I had these loans before I went into an IVA about 12 -24 months to be precisely. These where taken into the IVA agreement which is now complete, would anyone know if PPI payments where still being paid in the IVA Payment? And if reclaiming PPI back, what figure should I be looking at, if any?

 

 

 

 

 

 

Many thanks in advance, hope you can help

Edited April 21, 2011 by b3ckford

[dx100uk]

yes they are both front loaded loans.

 

it might be diff to get the reclaims to your pocket though if you are on an IVA as the 'data path' to what you have ACTUALLY PAID in PPI and what' is yet to be paid' will be blurred.

 

what PPI tou have paid should go to you pocket, but it might well be offset against outstanding

 

its a diff one.

 

see the FOS website for various PPI PDF's that are very useful.

 

dx

[b3ckford]

Hi, thanks for the reply. Before my iva started i was paying roughly 28 months for lloyds and 21 months for GE capital. My iva has now completed and my credit report shows all the loans are satisfied, so there are no more outstanding debts. I have a certificate of completion to state that it is all complete. When the iva started, did the PPI payment stop or where they included with the debt? (Seeing as they are front loaded? id imagine they where included within the debt? ) that i made voluntary payments to in my agreement?

Edited April 21, 2011 by b3ckford

[dx100uk]

i would the surmise that if these loans with PPI are now done and dusted that the PPI is complete

i would doubt the PPI 'stopped' whenthe IVA started, no such luck

 

ii'd be inclinded to treat this a normal PPI reclaim

try reading this:

[b3ckford]

Interesting read. Thanks for that. Im basicly looking for a figure of what i paid into it plus the 8%. I still think payments where made in the iva because as you said, its a front loading ppi so the banks have already coiffed up the money so there looking to get that back and if they try to put it to any debt that has been wiped off, then there in breach of the terms n conditions of the iva document.

[b3ckford]

Just got a letter back from Lloyds rejecting my complaint and said its there final decision. so off the the FOS i go. will update with progress once i hear from the FOS. Its going to be a long one