Jump to content


  • Tweets

  • Posts

    • Thank-you dx, What you have written is certainly helpful to my understanding. The only thing I would say, what I found to be most worrying and led me to start this discussion is, I believe the judge did not merely admonish the defendant in the case in question, but used that point to dismiss the case in the claimants favour. To me, and I don't have your experience or knowledge, that is somewhat troubling. Again, the caveat being that we don't know exactly what went on but I think we can infer the reason for the judgement. Thank-you for your feedback. EDIT: I guess that the case I refer to is only one case and it may never happen again and the strategy not to appeal is still the best strategy even in this event, but I really did find the outcome of that case, not only extremely annoying but also worrying.
    • Indians, traditionally known as avid savers, are now stashing away less money and borrowing more.View the full article
    • the claimant in their WS can refer to whatever previous CC judgements they like, as we do in our WS's, but CC judgements do not set a legal precedence. however, they do often refer to judgements like Bevis, those cases do created a precedence as they were court of appeal rulings. as for if the defendant, prior to the raising of a claim, dobbed themselves in as the driver in writing during any appeal to the PPC, i don't think we've seen one case whereby the claimant referred to such in their WS.. ?? but they certainly typically include said appeal letters in their exhibits. i certainly dont think it's a good idea to 'remind' them of such at the defence stage, even if the defendant did admit such in a written appeal. i would further go as far to say, that could be even more damaging to the whole case than a judge admonishing a defendant for not appealing to the PPC in the 1st place. it sort of blows the defendant out the water before the judge reads anything else. dx  
    • Hi LFI, Your knowledge in this area is greater than I could possibly hope to have and as such I appreciate your feedback. I'm not sure that I agree the reason why a barrister would say that, only to get new customers, I'm sure he must have had professional experience in this area that qualifies him to make that point. 🙂 In your point 1 you mention: 1] there is a real danger that some part of the appeal will point out that the person appealing [the keeper ] is also the driver. I understand the point you are making but I was referring to when the keeper is also the driver and admits it later and only in this circumstance, but I understand what you are saying. I take on board the issues you raise in point 2. Is it possible that a PPC (claimant) could refer back to the case above as proof that the motorist should have appealed, like they refer back to other cases? Thanks once again for the feedback.
    • Well barristers would say that in the hope that motorists would go to them for advice -obviously paid advice.  The problem with appealing is at least twofold. 1] there is a real danger that some part of the appeal will point out that the person appealing [the keeper ] is also the driver.  And in a lot of cases the last thing the keeper wants when they are also the driver is that the parking company knows that. It makes it so much easier for them as the majority  of Judges do not accept that the keeper and the driver are the same person for obvious reasons. Often they are not the same person especially when it is a family car where the husband, wife and children are all insured to drive the same car. On top of that  just about every person who has a valid insurance policy is able to drive another person's vehicle. So there are many possibilities and it should be up to the parking company to prove it to some extent.  Most parking company's do not accept appeals under virtually any circumstances. But insist that you carry on and appeal to their so called impartial jury who are often anything but impartial. By turning down that second appeal, many motorists pay up because they don't know enough about PoFA to argue with those decisions which brings us to the second problem. 2] the major parking companies are mostly unscrupulous, lying cheating scrotes. So when you appeal and your reasons look as if they would have merit in Court, they then go about  concocting a Witness Statement to debunk that challenge. We feel that by leaving what we think are the strongest arguments to our Member's Witness Statements, it leaves insufficient time to be thwarted with their lies etc. And when the motorists defence is good enough to win, it should win regardless of when it is first produced.   
  • Recommended Topics

  • Our picks

    • If you are buying a used car – you need to read this survival guide.
      • 1 reply
    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
        • Like

Deloitte - FSCS ----- Picture Loans


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4503 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 All

 

Just wondering if anyone has had dealings with FSCS/Deloitte regarding Picture as ive sent my completed forms off with relevant documents this week and curious as to know how long to expect to have to wait until the case is looked into or even completed ??

 

Many Thanks

Link to post
Share on other sites

  • 2 weeks later...

Hi again

 

If anyone can help with this query i would appreciate it , I have recently sent my claim for mis selling of ppi on a loan with Picture , however this is a loan previous to my current loan (which the fscs paid redress 2 years ago ) , the current loan was a top up loan to the one im currently claiming mis selling

 

Does anybody know if still redress on origianal loan if already received redress on the current loan ?? All confusing but tried best to explain the situation !!

Link to post
Share on other sites

yes!!!

you are prob owed a lot more back that you think

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

I was paid out around £14000 two years ago via fscs on my current loan , this is a top up loan to the loan im now claiming on , the paper work says amount of ppi on origianal loan was £7550 and the top up loan was £14950

 

Just hoping my claim on the original loan is accepted and having been paid out on the top up loan already doesnt affect my claim

Link to post
Share on other sites

Why would being paid out on your second loan affect the claim on your first loan?

 

Also, you need to be aware that, depending on how the top up loan was written, you may have been paying off PPI on loan 1 via loan 2.

 

Have a read of No.1 in my signature for information about this

 

ims

 

Link to post
Share on other sites

Hi , thanks for helping me !!

 

I dont really understand what you mean about paying off ppi on loan 1 via loan 2 ???? does this affect my claim then and if so is it bad news regarding being redressed at all ??

 

If you had ppi on the first loan it would likely have been a single premium policy and the bank loaned you the money to pay for that policy. When loan 2 came along, if it was a refinance of loan 1, then part of the balance of loan 1 which was re-financed would have included a PPI balance. That means that in loan 2, part of the repayments wwere going to pay off the ppi loan balance for loan 1.

 

It all depends on how loan 2 was constructed.

 

It will not affect your claim but you need to be sure that you are getting the correct amount back.

 

As I said, No1 in my signature will give you chapter and verse on this.

 

ims

 

Link to post
Share on other sites

Thanks again !!

 

Loan one was for £30000 and ppi added was £7550 however much foolish of me 8 months later i refinanced it again with Picture and on the paperwork for the current loan the ppi added was £14950 ......... To be totally honest i was in such a dire financial situation at the time i didnt understand what i was doing

 

Ive sent my form plus both agreements for loan 1 and loan 2 to Deloittes/Fscs and hope they go in my favour , just hope the fact having already received payout from Fscs on current loan that it doesnt affect this claim on the original loan

Link to post
Share on other sites

If like you said that i may have paid ppi off on loan 1 via loan 2 does this mean i would receive less compensation ?? please excuse me , just dont understand the process and i cant access your signature page for some reason

Link to post
Share on other sites

Hi

 

Here's the direct link

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?318646-PPI-Single-Premium-Your-questions-answered

 

Why would you receive less compensation?

 

You are after ALL the ppi you paid in loan 1 PLUS whatever ppi in loan 1 which you paid off through loan 2 PLUS loan 2 PPI PLUS the interest on loan 1 PPI wherever paid PLUS the interest on loan 2 PPI PLUS 8% stat interest on all of those payments LESS any amount you have already been refunded LESS any rebates given.

 

Forget about any thoughts of "less compensation"...you want to be put back in the position you would have been in had the PPI not been applied in the first place PLUS 8% on amounts paid over.

 

ims

 

Link to post
Share on other sites

Hi , i did have both agreements but i sent them off to Deloittes last week as requested along with my application form sent by fscs

 

I hope beacuse the FSCS upheld my claim on the current top up loan that they will also do the same with this original loan !! Im just confused as to know roughly how much to expect if this is the case , what sort of infromation would you require from the 2 loan agreements to assist me ??

 

Many Thanks

Link to post
Share on other sites

The 2 loan agreements were copies sent to me by picture ( now webb resolutions ) after i rung requesting them as on the form sent to me by FSCS it required this information

 

Loan 1 which started in march 2006 was for £30000 with £7550 added ppi & was for 20 yrs at £356 permonth HOWEVER in october 2006 i refinanced this and the added ppi was £14950 and again for 20 years at £546 permonth

 

Is this information any use ??

Link to post
Share on other sites

Hi

 

Excellent. I thought for a moment you'd sent off all information without having a copy for reference...sorry.

 

OK I'm working on some figures for you so will post back later.

 

In the meantime, go to No.1 in my signature and download the 2 spreadsheets in the final post of that thread. Also have a read of the thread so that what I post later will make sense.

 

ims

 

Link to post
Share on other sites

Hi

 

Loan 1 was for 30,000 plus £7,550 for ppi which totals to £37,550. The ppi part of the loan was therefore 20.11% of the total (given by 7,550 / 37,550 x 100). This means that of every repayment you made, 20.11% was for the ppi part of the loan. The monthly repayment was £356 so an amount of £71.59 was for the ppi part of the loan.

 

Loan 1 was taken in March 2006 and so the I assume the first payment was in April 2006. So you would probably have made payments for April, May, June, July, August and September 2006 and then the loan was refinanced in October 2006 into loan 2.

 

If you use the loan analysis spreadsheet I have linked you to, you will see that after six monthly payments, the balance on loan 1 when it was refinanced was about £29,841 of which 20.11% was for the ppi part of the loan i.e. an amount of £6,001.10. So when they rolled the balance of loan 1 into loan 2, an amount of £6,001.10 for ppi was rolled into loan 2. So for every repayment you made on loan 2, part of that repayment was going to pay off the loan 1 ppi. (Unless of course they gave you a rebate on loan 1 ppi when the refinancing happened.

 

So if loan 2 was for £60,000 plus £14,950 ppi making a total of £74,950 then 10% of that loan was for the ppi on loan 1. (6,001.10 / £74,950 x 100). So for every repayment you made, 10% of it was for loan 1 ppi and 10% of £546 = £54.60. In addition, you were also paying the loan 2 ppi and this is 19.94% of the loan (£14,950 / 74,950 x 100). 19.94% of £546 is £108.87.

 

Now, you have already received a payout for the loan 2 ppi which you have accepted and therefore we do not need to worry about that because that is settled. We do need to worry about loan 1 ppi though.

 

So, take the StatInt spreadsheet which I have linked you to and change the personal details in the blue section. Then, in the white list section underneath the coloured bits, enter the 6 monthly repayments of 71.59 giving the date, a description and an amount. The spreadsheet will do the rest for you. Then from October 2006 (or the date of the first repayment of loan 2) you need to enter the amounts for loan 1 ppi being paid through loan 2. List these underneath the 6 payments you have already entered. Again, give the date, a description and the amount (which is £54.60). You need to enter these payments for however many loan 2 repayments you have actually made.

 

The spreadsheet has now calculated your 8% interest on the payments you have made for loan 1 ppi.

 

For the loan 1 ppi you should expect to get back the figures per the spreadsheet plus a refund of the part of loan 1 ppi premium which has not yet been paid through the loan accounts.

 

I don't know what percentage the FSCS are paying out on Picture loans but you would adjust your figures to reflect the fact that they may be paying out perhaps 90% of the value of claims.

 

ims

  • Confused 1

 

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...