Jump to content



  • Tweets

  • Posts

    • There's one other card for just over £400 in my credit file. Three of the cards were taken out end of 2017 or beginning of 2018. The largest amount. That card was probably taken out early 2017 or sometime in 2016.   I've battled with a life long drink problem. Mixed with periods of heavy in the most part recreational drug use. I've been told I have mental health problems but nothing officially diagnosed.   I was made officially bankrupt 15-20 years ago. Not long after the year was up I started borrowing again because it was offered to me. I again reached the point where it all got out of control. I didn't have the money to declare myself bankrupt again so I just ignored it. A while after the 6 years were up I was offered another card and that was that.   I start out with good intentions of building my credit file back up. But then my 'issues' kick in and it all goes wrong. Addictions aside. I have a problem with spending money. I always have.   Basically no financial company should lend me money. That is blatantly obvious from my credit history and spending patterns on previous and the aforementioned cards.   I might have some more smaller debts not on my credit file. But to be totally honest I wouldn't know. I was too out of it to know or care.   Rather surprisingly given my credit history as  far as I'm aware this is the first time I've ever had a ccj against me. As I mentioned earlier not knowing much about bailiffs was my fear. Life is a lot easier for me if I can't borrow or have access to borrowing money.
    • Well done on referring to the consumer rights act. You're absolutely right, you are within 30 days and you have the right to reject it out of hand and to insist on a refund. Have you asserted your right in writing? If not, do it immediately. Do it by email and confirm by letter – referring to the email. It's essential that you do this now. Well done on having issued a letter before action. Please can you post it here in PDF format so we can have a look. On the basis of what you have told us, – in particular if you have evidence that you have asserted your right to reject, then there is absolutely no reason why should loose. However, to reassure you on the point of costs – your maximum risk factor is your own costs of bringing the action, the hearing fee if it goes that far – and their reasonable cost of travel if it goes that far and if there is an in-person hearing. Most hearings nowadays are conducted on the phone. Other than that there is nothing else to lose. The only slight point here that they could leverage is that you appeared initially to concede your right to reject by taking it to the manufacturer. I don't understand why you did this. I don't understand why you would pay good money for a brand-new machine and then accept the fact that it needed to be repaired. However, I don't really think that this will stand against you. It would have to be very unusual judge who would accept this. You need to understand that – especially with companies like Currys – whose customer service is extraordinarily bad – you must stand absolutely on your rights, give no ground – no prisoners. They will be merciless with you – any concession to them is simply giving ground. Let's see the letter of claim. Have you started preparing your particulars of claim? We can help you with that as well.
    • Thanks for your thoughts. I guess I could go to the OC and get them to add the defaults but that might be a long process.   I have only just started entertaining the idea of not paying as my main priority was getting a clear credit report as needed to move home urgently due to personal reasons. Now I am sorted on the credit file front its a case of seeing if I can stop paying this turkeys without going backwards.
    • then they can't comeback IMHO if you stop paying. you should have stopped paying there and then, but i suppose stepchance again poked their nose in and said either you cant just stop some debts through the plan, keep lining ours and their pockets.?   they are correct they cant register defaults themselves only the OC can.    
    • Hi Bankfodder   Yep, it's these guys.  I paid by debit card; online purchase.   I have been emailing them.  Should I send a letter?   Thank you for your help x
  • Our picks

    • I sent in the bailiffs to the BBC. They collected £350. It made me smile.
        • Haha
        • Like
    • Hi @BankFodder
      Sorry for only updating you now, but after your guidance with submitting the claim it was pretty straight forward and I didn't want to unnecessarily waste your time. Especially with this guide you wrote here, so many thanks for that
      So I issued the claim on day 15 and they requested more time to respond.
      They took until the last day to respond and denied the claim, unsurprisingly saying my contract was with Packlink and not with them.
       
      I opted for mediation, and it played out very similarly to other people's experiences.
       
      In the first call I outlined my case, and I referred to the Contracts (Rights of Third Parties) Act 1999 as the reason to why I do in fact have a contract with them. 
       
      In the second call the mediator came back with an offer of the full amount of the phone and postage £146.93, but not the court costs. I said I was not willing to accept this and the mediator came across as a bit irritated that I would not accept this and said I should be flexible. I insisted that the law was on my side and I was willing to take them to court. The mediator went back to Hermes with what I said.
       
      In the third call the mediator said that they would offer the full amount. However, he said that Hermes still thought that I should have taken the case against Packlink instead, and that they would try to recover the court costs themselves from Packlink.
       
      To be fair to them, if Packlink wasn't based in Spain I would've made the claim against them instead. But since they are overseas and the law lets me take action against Hermes directly, it's the best way of trying to recover the money.
       
      So this is a great win. Thank you so much for your help and all of the resources available on this site. It has helped me so much especially as someone who does not know anything about making money claims.
       
      Many thanks, stay safe and have a good Christmas!
       
       
        • Thanks
    • Hermes and mediation hints. https://www.consumeractiongroup.co.uk/topic/428981-hermes-and-mediation-hints/&do=findComment&comment=5080003
      • 1 reply
    • Natwest Bank Transfer Fraud Call HMRC Please help. https://www.consumeractiongroup.co.uk/topic/428951-natwest-bank-transfer-fraud-call-hmrc-please-help/&do=findComment&comment=5079786
      • 33 replies

Help with Lloyds TSB PPI (Asset Card)


Please note that this topic has not had any new posts for the last 2519 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hi,

 

I've been trying to reclaim the PPI on an old Lloyds TSB Asset credit card from 1999,

however both Lloyds and now the FOS have rejected the claim.

 

The card itself defaulted 4 years ago and has been passed around several DCA's, both in house and external.

 

I believe it to be unenforceable due to missing prescribed terms and no original terms and conditions.

 

I'm a bit gutted as a successful claim should clear the balance of just over £6,000.

 

The PPI was missold as I was told it was essential in order to get the card, despite having some cover through work.

 

Also, the terms and conditions for the PPI policy were not sent out to me until 4 month after the card started.

 

Is this worth persuing through the Court or should I just accept the defeat?

 

Thanks,

MP.

 

Any other info, just ask!

Link to post
Share on other sites
  • Replies 99
  • Created
  • Last Reply

Top Posters In This Topic

Hi

 

What were the reasons fos gave for not upholding your claim?

 

ims

  • Confused 1

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Thanks for getting back so quick.

 

They said that on the application form, the tick box for ppi was clearly stated as an optional feature.

They did give my complaint credibility, but said that it was more than likely that the sales advisor only advised it was taken out and did not say it was compulsory.

 

The card and ppi were taken out during a financial review in branch.

 

I was only told where to sign and wasn't given any info on the ppi policy, only that I had to take it out because of my limited credit history at that time as I was only 22.

 

The Ombudsman said that even though I never received the t's and c's on the day,

this wasn't enough to claim an unfair disadvantage.

 

MP.

Link to post
Share on other sites

You can ask for the complaint to be escalated within fos but you should be prepared for it to take a long time.

 

The other option is for you to sue in court.If you take that route there will be a considerable amount of work involved but the payout will be higher than fos would award.

 

Hve you done a spreadsheet or calculation as to how much you feel you are due back?

 

ims

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Already went to an Ombudsman for final determination and he agreed with the adjudicator. he just went into a little bit more detail as to their reasons.

 

I went back to LTSB after the FOS rejected as the initial complaint was sent well before the High Court ruling this year, (About 2 years ago in fact) as I thought that they hadn't covered every point of the complaint. Just received a letter yesterday from LTSB confirming that the case wont be reopened and if i want to take it to small claim court, then to do so!

I dont know the exact amount to reclaim, as I no longer have all the previous statements. (I've got some, but none of the earlier ones from when I lived with my parents) But the card was opened in 1999, so I would expect it to be quite substancial with the interest added on top. Some of the monthly premiums were in excess of £50, so I believe it could run into 5 figures!

 

I only want to clear the debt once and for all, so I was thinking of getting a claims management firm involved. Even with their fee, the debt would be cleared if i won. If I went it alone, would I be liable for all Lloyds costs if I lost?

 

MP.

Link to post
Share on other sites

NO NEVER EVER DO THAT.

 

theres another way to look at this

in 2yrs it falls off your CRA file

 

they will never go to court about he debt

as it is subject to a PPI claim.

ok it might not be water tight

but enough doubt exists i'm sure

 

as why pass it around DCA's if they were so confident you owe the OD bal.

 

pers i'd just let it drop off.

 

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
NO NEVER EVER DO THAT.

 

theres another way to look at this

in 2yrs it falls off your CRA file

 

they will never go to court about he debt

as it is subject to a PPI claim.

ok it might not be water tight

but enough doubt exists i'm sure

 

as why pass it around DCA's if they were so confident you owe the OD bal.

 

pers i'd just let it drop off.

 

dx

 

 

But that wont stop them chasing me for the money forever,

or worse selling it on and then being chased by a DCA forever.

 

We all know that people are chased for completely unenforceable debts for years and years.

 

Thats why I really want to clear it this way, then I would be certain that the debt would never reappear!

 

Would it be worth sending a SAR to work out exactly how much I would be due?

As I said earlier, I think it would be easy a 5 figure sum with compound interest on top of the premiums!

 

I hate LTSB with a passion, so the thought of them winning on this really hacks me off!

 

MP.

Link to post
Share on other sites

certainly yes worth it

 

they'd be a good chunk left to go into your pocket for sure

 

you might even get the defaults removed too

 

however your choice

 

it 'troubles' me that the fos have found with the OC

 

i'm unsure how this would look to a judge?

 

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
certainly yes worth it

 

they'd be a good chunk left to go into your pocket for sure

 

you might even get the defaults removed too

 

however your choice

 

it 'troubles' me that the fos have found with the OC

 

i'm unsure how this would look to a judge?

 

dx

 

Yes, it worries me too!

 

I haven't got the FOS letter to hand,

but the jist of it was that the complaint was no upheld because the original application form had a tick box for ppi within the "Optional Features" section.

The Ombudsman said that I should have realised that because of this, the policy wasn't compulsory.

 

The thing is, the application form was filled out by the sales advisor.

It is quite clearly not my handwriting.

I was only shown where to sign the form,

and this was after she had told me that I had to have it.

 

There aren't even any ppi t's and c's to read on the form before signing and none were pointed out to me by the advisor.

 

Strangely though, I've already claimed back two loan ppi policies from LTSB, both of these also said "optional" on the loan documents.

 

Lloyds refunded one straight away, and the other was upheld through the FOS, so there are inconsistancies here.

 

Both these loans were also sold in branch, the only difference being that they were both single premium policies.

 

Dont know if this made any difference.

 

MP.

Link to post
Share on other sites

so we not only have a judge lottery, but an FOS lottery here

 

what was the FOS comment on the fact it was not you that filled it in?

 

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

very poor synopsis in my opinion

 

been there done that.

 

gets passed a doc

sign where the 'x's are please.

 

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

Dug out the final FOS letter:

 

Makkapakka69 says he thought he had to take the policy out to qualify for the credit card.

 

He says while the application form he signed does allow for the PPI to be declined,

the adviser said his status was such that he needed to take it out.

 

Makkapakka69's explanation is plausible, so I have given it some weight.

But I have also considered that these events took place over a decade ago and even the clearest memories can fade or become confused with time.

I also note that the option to decline the policy, on the application which Makkapakka69 signed, was right beside the option to take it out (and just as prominent)

and that this was under the heading "Optional Features".

 

Taking all this into account I am not persuade I can safely conclude Makkapakka69 was told this policy was compulsory.

I consider it more likely he was told he should have the insurance (by way of the adviser's recommendation) rather than he must have it.

 

Given I consider the policy was suitable I do not think the adviser making such a comment would have been inappropriate.

 

He believed the policy was suitable because I was not affected by any of the exclusions or limitations on the cover provided by the policy,

and that the policy would have "provided a useful benefit to him in the event of accident, sickness or unemployment."

Even though I had excellent cover through my employer for accident and sickness.

 

Only the unemployment cover was extra.

 

MP.

Link to post
Share on other sites

Just receieved a recorded phone message tonight from Westcott Credit Services asking me to call them!

Dont know if this is linked to this account yet, but it wouldn't surprise me if LTSB have sold the account on or farmed it out to them to attempt collection again.

 

Better get that SAR sent off soon. Where is best to send the SAR? Local branch?

 

MP.

Link to post
Share on other sites

nope look at the stickies at the top of the lloyds forum.

 

or any lloyds PPI thread

use the advanced search top right.

 

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'll do!

 

wetcloths as with all DCA

 

HAVE NO LEGAL POWERS

 

ignore them.

 

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
  • 2 months later...

After sending Lloyds a Sar request back in December, have still not heard anything back. It was sent recorded, but the Royal Mail tracker is just syaing that it is being processed through our system. The cheque has not been cashed either. Could it have got lost in the post as it was sent in the busy run up to Christmas?

 

Also, Wescott are also hounding me over this with calls and letters, despite me sending them a letter that the debt is disputed.

 

MP.

Link to post
Share on other sites

Hi

 

You need to get in touch with RM to find out what has happened to it

 

ims

If I have helped you please leave me a message by clicking my star

 

1. Single Premium PPI Q&A Read Here

2. Reclaim mis-sold PPI

Read Here

3. Reclaim Loan & Credit Card Charges Read Here

4. The CAG Interest Tutorial

Read Here

5. Feel Bullied by Creditors or Debt Collectors?

Read Here

6. Staying Calm About Debt

Read Here

7. Thinking of a Full & Final Settlement?

Read Here

 

How To Upload Documents To Cag

Instructions

 

I DON'T GIVE ADVICE BY PM BUT IF YOU SEND ME A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER HELP THERE

 

 

 

Private message facilities are offered for users to communicate issues that are perhaps inappropriate for posting on the main forum. Site rules explain this in more detail.

 

If you receive a private message which you consider abusive, derogatory or otherwise inappropriate, whether it be about yourself or other members, please report it using the "report" icon

 

If you are approached (or have been approached) by private message with an offer of help "Off Forum" or with a view to asking you to visit another website, please inform the site team via the report icon, especially if this results in a request for a fee. Remember, this is for your own protection

my views are my own and are given in good faith to try and help people. Please seek professional advice on your case if necessary

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

Royal Mail are worse than useless!

 

A rather rude woman said that I should have sent it Special Delivery because for one, it was an important document, and for two, it contained a cheque which RM class as money!

 

As normal recorded delivery is not tracked right through the delivery process, there is no way of checking where in the system the letter may be. So it seems normal post is a sub-standard service.

 

She advised me to contact Lloyds to see if they had received it, and if not to re-send via Special Delivery! Joke!

 

MP.

Link to post
Share on other sites

thats why i never both

just use 2nd class and get proof of postage

good enough in a court of law.

 

cancel the cheque and resend it.

 

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

if you like

dont be too exacting

 

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
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...