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karljj1
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Hi to everyone. Iam in the process of claiming back just over £1000 from HSBC from my current accounts. However i am wondering if there is anything i can claim back from a managed loan which i took out with HSBC.Any help/suggestions greatly appriciated

 

:|

HSBC- £1186 :DSettled in full

 

Yorkshire Bank - Settled in full :D £1214

 

Nationwide - Data Protection Act sent

 

CC Homes - LBA issued

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Hi and welcome on board !

 

Not sure about a 'managed loan' I take it you mean one that is with acollection agency, or is it being managed internally by the bank ?

Dec 2006 - Sucessfully recovered over £3k from HSBC with much help from CAG :-D

 

 

if you found this post helpful, please click my reputation, thank you

 

(The small print-my advice and opinions are my own, and are given freely and without predjudice or liability whatsoever)

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Welcome!! And nice to meet you to Steve!

[CENTER][SIGPIC][/SIGPIC][/CENTER] [CENTER]My claim against HSBC for £4,957!! :rolleyes: [/CENTER] [CENTER]6th November - letter sent requesting refund[/CENTER] [CENTER]20th November - MCOL filed[/CENTER] [CENTER]23rd November - MCOL acknowledged[/CENTER] [CENTER]24th November - Breakdown faxed to Debs at DG![/CENTER] [CENTER]20th November - defence entered[/CENTER] [CENTER][SIZE=5][COLOR=red][B][I]FULL OFFER RECEIVED TODAY!! 21/12/06[/I][/B][/COLOR][/SIZE] :D[/CENTER]

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steve, the managed loan is the loan that hsbc practically forces people in to by their unlawful charging. you get further and further behind - make your overdraft bigger and bigger until they are each month taking just about all you put in to the bank as a payment for their charges. then the friendly people at hsbc strongly urge you into this managed loan.

karjj1, put managed loan into the search above and you will see - there is lots of discussion and at least one case where they have actually got the whole thing back. let me know if you can't find it.

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Ok, thanks Lateralus, I wasn't sure, but knew it wasn't going to be good news, I'll remeber that now !!

Dec 2006 - Sucessfully recovered over £3k from HSBC with much help from CAG :-D

 

 

if you found this post helpful, please click my reputation, thank you

 

(The small print-my advice and opinions are my own, and are given freely and without predjudice or liability whatsoever)

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Oh, nice to meet you to Clare ?

 

(hmm, must be my charm I guess)

Dec 2006 - Sucessfully recovered over £3k from HSBC with much help from CAG :-D

 

 

if you found this post helpful, please click my reputation, thank you

 

(The small print-my advice and opinions are my own, and are given freely and without predjudice or liability whatsoever)

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:p

[CENTER][SIGPIC][/SIGPIC][/CENTER] [CENTER]My claim against HSBC for £4,957!! :rolleyes: [/CENTER] [CENTER]6th November - letter sent requesting refund[/CENTER] [CENTER]20th November - MCOL filed[/CENTER] [CENTER]23rd November - MCOL acknowledged[/CENTER] [CENTER]24th November - Breakdown faxed to Debs at DG![/CENTER] [CENTER]20th November - defence entered[/CENTER] [CENTER][SIZE=5][COLOR=red][B][I]FULL OFFER RECEIVED TODAY!! 21/12/06[/I][/B][/COLOR][/SIZE] :D[/CENTER]

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karljji and steve n if you are watching:

 

here's what i wrote to bong (my new f inancial advisor) and how she explained what is going on with ml to me:Bong v HSBC *Contractual Interest & 13yr claim* see post 100.

 

also, check out this whole thread if you have a lots of time the name says it all - you will see loads of people in the same boat for a quick idea:

look at post 114 by lisa, it's a typical example of ml: Who has had Managed Loans? (multipage.gif1 2 3 4 5 ... Last Page

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Hi Lateralus,

 

Thanks for the advice - appreciated . . .

 

Steve

Dec 2006 - Sucessfully recovered over £3k from HSBC with much help from CAG :-D

 

 

if you found this post helpful, please click my reputation, thank you

 

(The small print-my advice and opinions are my own, and are given freely and without predjudice or liability whatsoever)

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