Jump to content


herodog

Prestige Finance Ltd - PPI reclaim?

style="text-align:center;"> Please note that this topic has not had any new posts for the last 2510 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

Trying to help my brother and his partner sort their affairs as he has been diagnosed with Secondary Progressive MS after being wrongly diagnosed for many years with Vertigo

- he is a self employed Heating Engineer and is now unable to work as he has no balance and very little feeling in his hands.

 

He and his wife took out a Secured loan with Prestige Finance in March 2007.

 

They are really struggling to make these payments along with Mortgage and other Household bills

- they are not entitled to any benefits as his wife works full time.

 

I have written to Prestige on their behalf asking if they would take a full and final settlement offer on this loan but they refused.

 

He also took out PPI on the loan but they state he can not claim on this !

 

They feel that their only way out of this is to sell their home but after paying for the loan they will not have enough money to buy another property and they would not get a mortgage.

 

My query is that the Consumer Credit Licence No on their paperwork is not registered in the name of Prestige Finance Ltd - what are the implications of this.

Share this post


Link to post
Share on other sites

Herodog.

 

Hi what is your brother doing with PPI when he is self employed,

 

I assume he was when he took out the loan in 2007,

if this was the case it was mis-sold and can be claimed back plus interest

 

.Was the PPI front loaded or is he paying PPI each month?,

dependent on your answers "ims21" is the expert on PPI and will give you sound advice.

 

Prestige Finance probably made PPI a condition of the Loan anyway so that is another case of mis-selling if he was not self employed at the time

 

The Consumer Credit Licence Issue depends on who it is registered to and do they own Prestige,need more info on this

 

FS

Share this post


Link to post
Share on other sites

Hi Following is the text on his signed agreement.

 

'Your monthly instalments will be £252.73 per month over a term of 120 months.

This includes an Insurance premium of £749.00.

This cover will last for 3 years.

 

As you are aware there will be a brokers fee of £600.00 which will be deducted from the loan upon completion and sent to Loans.co.uk '

 

My brother has been a salesman' s dream in the past and seems to think that anybody in a suit was a 'nice bloke'.

 

The details I have found on Prestige are :

Ashbroome Facilities Ltd became incorporated on 07/11/1972 under Company number 01080632

- it then changed its name to Prestige Finance Ltd on 02/10/2002

- on the same day it changed its name to Prestige Loans

- this meant that Prestige Finance no longer existed under that number -

 

They have contacted my sister in law recently and suggested they change her loan to another company but she has refused.

Share this post


Link to post
Share on other sites

time to get reclaiming that USELESS PPI then!!

 

how much of the loan is outstanding ?

 

can you scan up the agreement?

 

scan the required letters/agreements/sheets - as a picture[jpg] file

don't forget you can use a mobile phone or a digital camera too!!

'

BUT......

ENSURE: remove all pers info inc. barcodes etc using paint program

but leave all figures and dates. {DO NOT USE A BIRO OR PEN]

convert existing PC files to PDF [office has an installable print to PDF option]

..

goto one of the many free online pdf converter websites [http://docupub.com/pdfconvert/]

it would be better to upload a multipage pdf if

you have many images too rather than many single pdfs

.

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

or use word and save as pdf

try and logically name your file so people know what it is.

i'e Default notice dd-mm-yyyy

.

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

.

 

 

as for benifits....why cant he go for DLA, thats non income dependent

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

spreadsheets 

 

Share this post


Link to post
Share on other sites

Hi

 

I'll scan all the documents later on my return from work

- he applied for DLA when first diagnosed in May 2011 and was turned down.

 

His appeal was last week and despite the fact that his wife has to help him self catheterise, take his medication and give him eye drops

all of which he can't do as he has no feeling in his hands, and take him up and downstairs

 

- he was awarded £20.00 per week.

 

The new appeal could take another year, they are getting deeper and deeper in debt and the stress is making his MS worse.

Share this post


Link to post
Share on other sites

Herodog.......Hi..dx100uk has responded,you're in good hands plenty PPI to reclaim

 

All the best

 

FS

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...