Lloyds PPI from 1996

[Lakesboy]

Hi

I am chasing Lloyds for PPI from 1996. I have 4 statements. On each statement are there paymaents of over £400. the loan was cleared early with me paying the balance of over £10,000 in April 2001. If I calculate 3 payments per statement the loan would have been for over £35,000 I remember taking out a loan for £30,000. Today I found out that the loan was also covered by the governments small firms loan guarantee scheme which I carried on paying the premiums of 2% of the loan total until Auguist 2003.The government team at the dept of Industry confirmed Lloyds insured £35,000 .My loan ammount that I paid off came to under £35,000 I can prove the loan was paid off early and the subsequent small firms premiums were paid.Lloyds have never made a refund onf this or any BLRI premiums assuming it is existed. Lloyds are not aware of the small firms evidence yet

I got the usual response from PPI team

Thank you for the information you have provided. Unfortunately the statements do not provide evidence of insurance, merely the monthly premiums you were paying for the loan itself. We are unable to ascertain what, if any, insurance was applied to the loan from this information. To be able to assess your Business Loan Repayment Insurance (BLRI) complaint on loan ending xxx we would require one of the following:-

 

 

 

 

• A copy of the original loan agreement
  
• A copy of the original Application Form
  
• A statement showing the Loan entering the Bank Account (and therefore the initial BLRI premium deducted from the account)
  
• A statement showing any potential BLRI rebate at the end of the Loan (xxxxxx) entering the Bank Account.
  

Obviously the more evidence you are able to provide us the better but we would require one of the above to fully investigate your complaint.

 

I have sent a SAR. The loan should have ended in 2003 .Do I need to do anything else and I likely to get the right info from the SAR and if i dont is the case lost

[ims21]

Hi Lakesboy

 

I've created a new thread for you outside the stickies.

 

So do you have a copy of the agreement?

 

Is the loan account number referenced on the statements at all?

 

Exactly what paperwork do you have for this loan?

 

ims

[Lakesboy]

Hi Ims

 

I have got the loan statements covering 2000 and 2001. I also have statements showing the D of I premiums being paid untill 2003 even though I paid off the loan early in 2001.It was a 7 year loan and government department records show it was for £35,000. We were paying off a loan for £34912.00. As subsequent loan from Lloyds was settled vby them as I had the opening statement. I have as mentioned sent them a SAR with the relevant loan number.

 

Cheers

 

Lakesboy

[ims21]

Hi

 

If you haven't got the loan agreement I would wait for the SAR information as it might reveal the information we need to calculate the claim amount.

 

ims

[Lakesboy]

Hi Ims

 

I spoke to a person at the Lloyds DSAR centre today.She told me that they had thre paperwork on the loan taken out in 1999 even though I have already been paid out on it and as such it is f no use.On my loan from 1996 she said they have nothing yet and as the 40 days runs out at the end of the week, she would malke a call to chase it. 2 questions here am I likely to get anything and should I accept their word if they produce nothing, and if not is my case lost.I know that I paid insurance and the numbers make a compelling case.How could the loan come to £34912. I remember asking for £30,000 ev4en If they claim I asked for £34,000 you cant get to £34912 by charging a set up % or flat rate fee.

[ims21]

Hi

 

Best to wait for the formal SAR response. That way we don't have to guess at things...always best to take these things a step at a time an consider a response based on what actually happens and what is said by them.

 

ims

[ims21]

Hi

 

Responding to your PM

 

Here's how to upload the letter, courtesy dx100uk....make sure all personal information and identifiers are removed first..

 

scan the required letters/agreements/sheets

as a picture[jpg] file

remove all pers info inc barcodes etc using paint program

but leave all figures and dates.

 

goto one of the many free online pdf converter websites

it would be better to upload a multipage pdf

than many single ones

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

or use word and save as pdf

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.

then hit reply button

 

ims

[Lakesboy]

Hi Ims

I received a reply from DSAR to Lloyds today.They provided some statements on a loan that they have already settled but not on the one from 1996. Is there anything else that I can do here.They provided a screen grab which I have attached. I am certain that they added BLRI.

Cheers in anticipation

Lloyds 1-3.pdf