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Seems Halifax want this debt off their books and are not going to repurchase it.

 

The term used to define the legibility of the Ts & Cs is 'Easily Readable'.

 

If 1st Credit are that concerned on legibility personally my next move would be to reject the whole thing as noncompliant.

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Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

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Thanks Brig..I dont suppose you could draft me up a little letter about the whole thing being non compliant..? If halifax know its Enforc then why sell it to 1st cred? looks like 1st credit are questioning Halifax and Im questioning 1st cred..

 

Yes certainly will be done over the weekend!

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I also have PPI on this account from 2001 to 2005 ..quite a bit but to late to claim now I think

 

No limit on PPI reclaims I believe.

 

Have you got any details?

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Is PPI the same has Credit card Repayment cover ?

 

Very similar I think also not obligatory so could well be miss sold.

Details PPI payments, amount of payments made?

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NO admission of liability to Halifax they have sold the debt to 1ST Crud so any repayment come to you, nothing to do with 1ST Crud at all.

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So it would start the SB clock?

 

Thanks Brig am about to add it all up ?

 

The actual reclaim process is not my area of expertise I'll put out an SOS for you.

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The first few statements are just print out which say CREDIT CARD REPAYMENT INSURANCE ..INCLUDING INSURANCE PREMIUM TAX ..THE OTHER STATEMENTS LOOK LIKE THE ONES YOU GET THOUGH THE POST THEY ALL SAY CREDIT CARD REPAYMENT COVER...

 

Only about 50/60 £ of IPT the payment protection started in 2001 and I cancelled in 2005 ..so it must be one of the same ,,,Got loads to add up

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put them all in this sheet

put the cards avg APR in cell D 15

 

CISheet v101.xls

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... 

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not got office installed?

 

then you need to download open office

 

when you get the spreadshet working

you'll need to workout the AVERAGE interest rate theyhave charged you over all the years

and enter that in cell D 15

 

not important though

if the card is still active

you could use todays ARP

 

dx

  • Confused 1

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... 

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Share on other sites

Have installed and got spread sheet

 

Do I need the account number of the card ..Or the account number for the Repayment cover..how do I add up the interest ? I really dont have a clue :) Is there a letter template to claim back PPI ..?

 

Thanks DX

Edited by babydoll0141917
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read the links below my sig.

 

add up the int details you have

then divide by the number of diff ints you have. gives avg of them.

 

that gives the MONTHLY int rate

you need to covert that to APR.

http://www.stoozing.com/calculator/apr-rate-converter.php

 

then put that in cell d 15.

 

enter each PPI payment individually on the date it happened [date/description/amount - 3 columns]

 

the sheet should do the rest.

 

then fill out the FOS CQ from here

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

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... 

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