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    • well the only way now to get it removed is via a set aside cost £255.   even paying the CCJ and it being marked as satisfied will not sadly improve his credit file nor prevent it poss killing any credit for the 6yrs it will show on his file for regardless to payment.   TBH: there would have to be something seriously wrong for a set aside to succeed  location of the car park might help us at the least.    
    • I had  a 5yr fixed rate mortgage with Norwich & Peterborough before they merged YB. I was to pay £585.27 Per month for 60 months fixed @ 5.85%.   first year ok,   for the following three years as their SVR increased so did my mortgage; £589 1st increase 2nd increase £595, 3rd increase £599. Along with the increases I was also charged late fees etc. from 2008 onwards.   I did receive a letter due to the enquiry into their fees but that only refunded from 2009, where I had been incorrectly charged after one month in 2008, plus the charges wern’t consistent with the £25 they allege to charge sometimes i was charges £32.50. I know the increases are not considerable however with them increasing the mortgage due to their SVR increases did they  1.    breach the terms & conditions of the mortgage contract. 2.    switched my mortgage to a SVR.   Any ideas appreciated.  
    • Thanks Dx, I’ll have to ask him if he wants to go any further and tbh I’m not sure he has anything kept, the claim form, etc. I’ll ask him tomorrow and see what he says or has.
    • opps no outside of the 33 days he had to pay it for it not too show sadly.   we are going to need far more info than what we have here now to even think of suggesting a set aside. this is compounded by the fact hat you say he totally ignored everything inc the claimform?   oh well time for you to get scanning. scan everything he has please  every letter, the lot.   one good point is we only need the front page of the claimform..not the complete pach from northants bulk.   please makes sure you redact things properly but leave times and dates etc. just remove his pers details, reg/pcn/ref numbers and any bar or QR code boxes. read upload  put everything in ONE MULTIPAGE PDF FILE ONLY please     the sad fact here is premier haven't ever won any CCJ's when cases are defended. they run away.
    • in their WS they state its a recon, [pages 1-10] urm something smells here for this to happen for an online 2012 signup.   pages 1+4+5 appear to be missing??   need to discover whats going on here  so scan up the pages 1-10 as clear non blurred uploads no good to us if we can see them   if you need to send them via the secure email then do so and i'll do it. but we need to see the text of all 10 pages very clearly to workout what they have done..   its better you look stupid infront of us than lose another case infront of a judge.  you only waste the forums time when you don't follow what has been already advised  esp when it runs the clock closer to a deadline - its 3 weeks we've been waiting for these docs now and what do we get..mostly blurred uploads we cant read...
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pcassie

GE Money and Central capital Help needed

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i am seeking help from anyone on the forum who may be able to help with this difficult PPI claim against GE Money and Central Capital.

 

we borrowed a total of £183,292 remortgaged in november 2005. during a time of financial dificulties, we applied for the mortgage through Central Capital , and GE money approved the mortgage,

the total amount borrowed includes paying off for 2 other mortgages. other charges on the agreement is: central capital £1,995, GE money £25, processing and completion costs £575, telegraphic tramsfer fee, £50. and Central Capital Limited£6197. Further letters from Central capital outlining the PPI details are as follow, Premium £5901.88, Insurance premium tax £295, Total premium £6197.12. it also confrim that at present interest rate the total amount payable for this insurance will be £10,389,60. I still have the PPI insurance certificate ,issued by wessex group, which expires november2010 , and confirm single premium of £6,197. I wrote to Central capital back in 2009, recieved rejection letter from them , tried to contact them by telephone ,but told at the time they were no longer in buisness . I left it took no further action.

 

i contacted both GE money and Central Capital again in May 2012, after realising they were still in buisness with slight name change, GE money first response letter was to denied PPI is added to the mortgage, and stated i may have negotiate this with the Broker,and have recieved x3 standard letters of refusal , and directed to the ombudsman

Central Trust claimed that i have exausted my claim , and stated i also will not be able to go to omsbudsman because its past the 6months limit to refer.

I then decided to send a final letter of action to both, on 8/1/13,

GE MONEY stated they are unable to consider the case any further , and again refer me to FOS.

Central Capital -they have already investigated and do not intend to undertake any further actions, they stated that that i am free to go o the courts, and sent me their Soliciters details, they conclude that if i chose court action, they will seek to have the matter struck out as statute barred, in accordance with limitation act 1980. and they will seek to recover any legal cost they incur as a result of such application from me.

Ihave recieved full SAR from both.

I am currently paying £960 monthly to GE Money , and now owed about £130,000

Any one can advice me what to do next, I am vey inexperience when it gets to the Legal side.

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any help in what charges i can press against them in the courts?

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What are the reasons you gave for the mis-sale?

 

If you go to court for mis-selling, the onus of proof of mis-selling will be on you as the claimant (civil burden on the balance of probability)

 

You would also have to rely on the provisions fo S32(1)© of the Limitations Act 1980 for payments made under a mistake if they are going to say that your action is time barred.

 

Your court claim would need to be against the broker although S56 of the Consumer Credit Act is worth reading regarding a principal being responsible for the actions and representations of its agents etc.


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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

 

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Hello again ,its been some years since I wrote to you regarding the above complaint re GE money and Central Capital , I have since passed on the complaint to the FOB services who have thankfully ruled in my favour , I have since heard from Central Trust to advise me they are in the process of calculating compensation due and this will take up to 8 weeks, I would like your assistance in giving me a rough guide as to how much I should expect. The original amount borrowed is £183,292 over 20yrs, PPI was £6197 with added interest total PPI, £10,389,50. interest were 5.000% fixed for 2 years then 5.750 thereafter, I am still paying for this mortgage to GE money at £960 per month and last statement shows that I still owe £124.000. Please give me an indication what offer I should expect from Central Capital. I would advise anyone with PPI with these company never give up and take the complaint to the FOS . awaiting your response.

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Have a read of the item listed as No.1 in my signature.

 

All of the information is there on how to calculate the amounts.


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

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thanks I am still having problems with the calculation, anyway I will wait for the offer then get back in touch,

I have made a donation.

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hi there , I need some further advice on the above matter ,

I got an offer of redress from Central Trust today, a total of £8,728,78, the calculation is PPI payment £3,694 plus £1,321,19 of 8% interest tax on interest £264.24 , subtotal = £4,751.51. then a further £3,977.27 was added to reschedule the loan going forward without the cost of PPI, making a total amount of redress to £8,728,78. They claimed that they are unable to fully restructure the loan without the cost of the PPI cover going forward due to previous arrears on the account, therefore in accordance with DISP App 3.7.41 (a) (ii) they intend to make the entire redress payment directly to me, in accordance with DISP 3.7.41b. Please advice me if this information is correct , or shall I contact the Financial Ombudsman or citizen Advice service,

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Their principle is correct but whether the figures are correct is another matter.

 

You would need to use the information previously linked so that you can work out whether their figure is correct. There is a spreadsheet in that link which will do the calculations for you.

 

The basis of your maths will be the use of percentages so you need to work out what percentage of the total loan was for the PPI part of the loan and then apply that percentage to the monthly repayments you have made. You then use the spreadsheet for the monthly PPI payments up to the date that the offer was made.

 

Then you need to work out what the as yet unpaid PPI in the loan is so that you can check whether the restructured part of their calculation is correct.


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

 

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