Jump to content


PPI on top of PPI on top of PPI on loans


Please note that this topic has not had any new posts for the last 2879 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

Hello one and all

 

Site donation due, but can someone please provide instructions on how to please

 

I received a payment from the Bank before I even received thier letter with regards ppi on a loan and then refinanced with another loan provided by them.

 

EXAMPLE

 

Loan 1 PPI (Bank)

Loan 2 PPI refinanced PPI (Bank)

 

Problem is refinanced again with another loan not bank

 

Loan 3 PPI refinanced loan (Egg loan - ppi on this loan already paid back)

 

What and should I, write back to my bank and state, as I have no idea how to explain the above and whether they are even responsible for me getting this last loan to pay off thier loan 6 months later and also a credit card bill :roll:

Link to post
Share on other sites

so lloyds was refinanced by egg?

 

trying to match this into your existing threads

rather than guess

 

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

Hello once again DX

 

Thanks for your help, but previous threads are not really related to this one.

 

If I posted all the issues with general insurance and credit cards loans and even pension there would be about 15-20 theads. Been such an idiot.

 

PS gonna use the donation link when son gets up, figured out about donation - just never used PAYPAL.

 

:-D

Link to post
Share on other sites

ok so i'm trying to workout what you are asking.

 

you had 2 loans that rolled with one bank

 

then a third from another bank that paid those 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

and the banks are

 

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

You already guessed - may have to have user id changed.

 

Worse still I might as well complicate matters even further.

 

I had a business loan "non-cancellable agreement" with first bank, one of the exclusions was must work for the company for at least 16 hours per week.

 

Anyway's - first bank state we agree your insurance was mis-sold, but because you Ltd has been dissolved we cannot correct the mistake (not what the FOS state) mis-sold is mis-sold.

 

But I get the feeling that the first personal loan may of been used to pay some of the "Business Loan" too - but needs confirming. See what I mean about 15 threads.

 

Thanks

 

Mike

Link to post
Share on other sites

no need for a username chagne at all.

 

and you are correct

it was a ltd co. still should be returned

 

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

Thanks DX

 

FOS and you think the same,

but I get the feeling now that the reason the settlement for the personal loans was "Bank A"

Hope I don't realise I have a PPi,

onto a PPI onto a PPI onto another external PPI loan and then a re-mortgage

 

What I am thinking is "Deny first business loan" so the PPI starts with second personal loan and finishes with third personal loan? hence payment before letter.

Link to post
Share on other sites

whoosh........

 

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

Whoosh you lost me there mate, lol don't really help with getting an idea on what to write when reclaiming, but at least I can now giggle at my past mistakes. Thanks :-D

Link to post
Share on other sites

thats what woosh means you lost me...

 

you've a knack of explaining things in the most obscure way..

 

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

Sorry here is an explanation, hope its kind of clear and not obscure

 

Business Loan Bank (A) - One of the exclusions means could never claim on it. - mis-sold PPI

 

Bank (A) - States we accept the insurance was mis-sold, but because you have not got the business account to refund it too claim rejected, Ltd Co dis-solved

 

Personal Loan (1) Bank (A) - Repays remainder of Business loan, this loan (1) has PPI on it again mis-sold

Personal Loan (2) Bank (A) - Repays personal loan (1) this loan (2) has PPI on it again mis-sold

Personal Loan (3) Bank (B) - Repays personal loan (2) to Bank (A), this loan (3) has PPI on it again mis-sold

 

Re-financed after 4-5 years with a re-mortgage to pay off remainder of loan (3)

 

Thanks

Link to post
Share on other sites

After a little rooting it looks as though the business loan was paid off before the initial first personal loan.

 

Now just wondering if a loan is refinanced but not with the same Bank is it still worth trying to reclaim refinanced PPI?

Link to post
Share on other sites

i dont know of anyone that has successfully charged a PPI provider

interest from another account/bank.

 

however there is nothing to stop you knocking up a ppi reclaim

 

as long as you know the PPI PCM %

you then charge that on the refinance figure over to the other loan.

 

have you all the statements

 

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

Hello DX

 

Something to pass onto other CAG user requests regarding refinancing loans with PPI.

 

Spoke today to FOS - Informed me that parts 1 & 2 can be dealt with regarding personal loans with Lloyd's, As to part 3 Egg loan and refinanced Lloyd's loan they will not take on the case as its a another party and should be dealt with separately.

 

So DX your initial thought is correct - big shame otherwise I would have right up till 2012 from 2001

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...