Jump to content


Tboor74

90s Business Loan

Recommended Posts

Hi all, I'm after some advice hopefully.

 

We took out a business loan in 1995,

at the time we were told that I had to take out a personal insurance cover in order to secure the loan.

Don't take the cover, no loan.

I've still got all the docs and paperwork etc.

 

The issue is I already had life insurance in place elsewhere.

This was never asked about or considered,

I was just told you must take the insurance policy with us or you can't have the loan.

 

It now seems ridiculous I was paying twice for the same product.

Is this a case of miss selling?

 

Any advice much appreciated.

Share this post


Link to post
Share on other sites

Yes perfect

Do it properly though

Spreadsheet and the FOS questionnaire


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

Share this post


Link to post
Share on other sites

Thanks very much. I'll get it looked into.

 

Sorry, being ignorant here, I ve done PPI before but this is obviously different.

 

Is the spreadsheet to show what I paid over the duration?

 

Is there a template letter for this sort of thing?

 

I want to word things correctly.

 

Thanks again

Share this post


Link to post
Share on other sites

 

 

statint sheet put in every PPI payment you made each month.

the FOS questionnaire is in the fos website or from the FCA PPI website link.

 

and no this is no diff to how every PPI claim should be made.

 


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

Share this post


Link to post
Share on other sites

Thank you very much

Share this post


Link to post
Share on other sites

 


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

Share this post


Link to post
Share on other sites

Thanks for all the info. I've actually got 2 insurance covers, both business loan cover, which we were told we had to take out and which we already had elsewhere.

I've got both loan agreements and all statements so I'll follow your instructions and see what happens.

 

Thanks again.

Share this post


Link to post
Share on other sites

Sounds like this could be profitable..

  • Thanks 1

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

Share this post


Link to post
Share on other sites

Lloyd acknowledge the issue but require : account details, proof of payment, statements etc. I have them all so will scan them and send them off but this seems like stalling and surely they can't legally require all that?

Share this post


Link to post
Share on other sites

P'haps they dont have them

and want to do a proper job.

 

bear-in-mind they have been heavily fined at least twice by the ppi refund regulators FOS/FCA etc


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

Share this post


Link to post
Share on other sites

Fair enough. I've got everything here, belt and braces  so I'll send the lot in.

 

Thanks again.

Share this post


Link to post
Share on other sites

Clydesdale have replied too but just saying they'll reply within 8 weeks. Fingers crossed it may be sooner.

Share this post


Link to post
Share on other sites

Clydesdale... thats not Lloyds..


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

Share this post


Link to post
Share on other sites

Found another with Clydesdale. 

Share this post


Link to post
Share on other sites

I've sent Lloyds all the requested info, and more.

One last query, when they sent their request, I assume the 8 weeks doesn't start again and that they still have 8 weeks from original receipt to advise of their decision?

 

Thanks again for the assistance.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...