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Old LLoyds Business Loan


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Going through some old files and stumbled on this scanned document of mine, in actual fact Bank Fodder was helping me this back in 2007 although I do not expect him to remember this the thread still exists.

My question is this PPI, if it is can I claim this back going back to 2007 when the loan was paid off?

 

Fixed Rate agreement Front edited.jpg

Fixed Rate agreement Front edited.jpg

 

 

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Hi,

 

Looks like PPI to me, can't see why you couldn't claim it back, what does it say in the clause they refer to.

 

Here's what they claim is PPI...

 

https://www.lloydsbank.com/payment-protection-insurance-complaints/existing-customers.asp

Any advice I give is honest and in good faith.:)

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RIP: Rooster-UK - MARTIN3030 - cerberusalert

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Always best to send a SAR, should get you everything you need.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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I know it'll take longer waiting on the reply to your SAR but it will be worth it in the long run, let's see how they respond.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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With the SAR can you just request specific details or must you apply for the lot, this account was closed by the bank due to me successfully receiving my charges back so getting all my statements would be a waste of time in my opinion

 

 

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I have unapproved your documents in the first post as it would appear you have left some personal information visible.

 

If you would amend your documents and repost, they can be made visible again :)

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PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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I have unapproved your documents in the first post as it would appear you have left some personal information visible.

 

If you would amend your documents and repost, they can be made visible again :)

 

will do, thanks

 

 

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yes that is PPI

and yes reclaim it.

 

on the sar form.

 

I would ask for ALL information they hold.

 

an sar is not about 'a loan'

its about all the paperwork they hold on YOUR

on all financial dealings.

 

get the statements first

then we can confidently calculate your redress.

 

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... 

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  • 6 months later...

Finally after a long long wait I have received a pile of paper work from Lloyds mainly statements and nothing showing the loan agreement as above but a set of statements illustrating the loan repayments. What is the next plan of action?

 

 

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look for the monthly PPI payment?

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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should be a bulk PPI payment [front loaded PPI]

 

 

however

looking at post 1 the info is there

in your hidden pix

use

http://www.consumeractiongroup.co.uk/forum/showthread.php?318646-PPI-Single-Premium-Your-questions-answered(1-Viewing)-nbsp

 

 

845.76/12345.76 * 100=6.85%

 

 

so every payment you made

6.85% was PPI.

 

 

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... 

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yes that's included in the 6.85%

 

 

so should be simple to do now?

did the loans run its full course

and you paid on time the correct amount?

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

yes that's included in the 6.85%

 

 

so should be simple to do now?

did the loans run its full course

and you paid on time the correct amount?

 

No the loan did not run its full course because after i claimed back bank charges they payed off the loan and shut the account by doing so i reckon they cut about a year off

 

 

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OK but you have a list of every payment

Inc that bank charges offset?

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

OK but you have a list of every payment

Inc that bank charges offset?

 

yes i do, I tried to download the "Spreadsheet 1 - Statutory interest @ 8%" but the link is down...is there another link?

 

 

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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

should be a bulk PPI payment [front loaded PPI]

 

 

however

looking at post 1 the info is there

in your hidden pix

use

http://www.consumeractiongroup.co.uk/forum/showthread.php?318646-PPI-Single-Premium-Your-questions-answered(1-Viewing)-nbsp

 

 

845.76/12345.76 * 100=6.85%

 

 

so every payment you made

6.85% was PPI.

 

 

dx

 

what figures on this sheet do I use to calculate the 6.85% and is there a spread sheet available?

many thanks

img-160804000116-001.jpg

 

 

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use any windows/phone calculator.

 

 

I suspect that if you were charged PPI it would be 6.85% of each payment...

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

urm no

enter each £18.30 PPI on the date you made it on its own line

then the same 6.85% for any other payments and their dates

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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