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Mooky vs Lloyds TSB - please help!


Mooky
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Hi,

Been reading this forum for a good while now, and would like to take a moment to commend everyone involved for their participation, tenacity and open sharing of information. Knowledge is indeed power, and this is the biggest consumer revolt I have experienced in my 23 years; very comforting to know people will not longer lie down and take it!

Anyway, the story so far is…

After leaving uni, I had no job and was therefore unable to make my Lloyds credit card payments. Late charges, interest and PPI fees took me over my limit, and subsequent charges snowballed from there, meaning I am now over £350 over my limit, an amount which in addition to not being in a position to clear, I feel ethically I should not pay. Although I made donations where possible, amounting to just under £200 (this was when I was taking their phonecalls and threatening letters seriously), these donations haven’t dented my arrears.

I am now doing the ping-pong letter game, having sent a LBA and demanded my statements for 6 months (although it seems the problem has been going on longer than this as I am already over my limit in the first statement, so shall have to request some more!). After receiving various threatening letters (exact copies of which I have read on this forum) and a default, I am now stuck as to what to demand.

Initially I demanded all my statements, my charges refunded and my credit record wiped of the default, which has fallen on deaf ears.

The majority of the arrears are composed of £12 late payment/no payment charges, crazy interest, and PPI fees. What strikes me is the insurance is not protecting my lack of payments, and has served to drag me further into the red, therefore how can they justify it? Also, the charges are less than £12, therefore are they immune from my demands for a refund? All I want is to get back to my limit, however if I can get the charges/PPI disregarded, my voluntary contributions thus far should have paid some debt off…

Oh and they even phoned me on boxing day. Swine!

Any help on where I should go from here would be greatly appreciated!

Best,

M

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I am not an expert I am sure someone more knowledgeable will be along soon but were you a student when you applied for the card? - I applied for a credit card and told them I was a student 12 months later I found out that the PPI wouldn't cover me because I am a student MNBA agreed to repay the PPI premiums provided I provided proof of student status

If you can keep you head when all of those around you are losing theirs try parking your helicopter somewhere else

 

 

The PPI Saga

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Thanks for the interst in my case! Unfortunatly, I got the card before being a student, and was working 18 hours a week the whole time, however in between July and mid Sept I was unemployed, do you think this has any relevance?

Many thanks :)

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I honestly can't answer that but it is worth asking about. But it might hinge on whether you told them you were a student and also how long you have been sucessfully making on time payments (and therefore PPI payments) before you became unemployed

If you can keep you head when all of those around you are losing theirs try parking your helicopter somewhere else

 

 

The PPI Saga

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So does anybody know if its legitimate to file a case against the extent to which i am over my limit via charges + PPI? I guess its not so much claiming money back as they never took it, just added it to my balence...

 

Cheers!

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So does anybody know if its legitimate to file a case against the extent to which i am over my limit via charges + PPI? I guess its not so much claiming money back as they never took it, just added it to my balence...

 

Cheers!

 

Hi

Go for it, let us know how you get on.

Good luck!

Barty:)

I WON!!!! :D :D :D

http://www.consumeractiongroup.co.uk/forum/lloydstsb-successes/1774-barty-lloyds-tsb.html

 

IF I HAVE BEEN HELPFUL PLEASE CLICK THE SCALES:)

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The plot has thickened...

 

Got a letter from lloyds saying they have passed my credit card account onto MBA Collections; when I phoned them, they wanted me to set up a pay-back plan for the entire account within 3 weeks, or they'll take me to court. They say even if i do win my charges/PPI back from Lloyds, they'll just take it off the balence I pay them.

 

What should I do? thus far I have demanded a budget form, and that everything be done in writing, but dont know if i should pay a penny to anyone until this is settled... going to write a 5th letter to lloyds tallying up what they've added in charges to my account over 6 months and what i've paid where I can, however should I risk being taken to court by MBA?

 

Any help would be much appreciated!!!

 

Ta

 

Mooky :)

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do a little more reading around - i understand that when an account is in dispute the bank can not do any thing with that account until the dispute is settled .

Prem letter sent 26/2/2007:)

"bog Off" received 4/3/2007:mad:

LBA letter sent 9/3/2007:)

Money claim .com filed - 27/3/2007:)

Notice of issue received 29/3/2007

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Thanks Butterfly Collector

 

have been reading around - am I right in thinking that I need to send the DCA a CCA requesting the documentation of Lloyds selling my account to them, so that they have to prove they own the debt?

 

And can i then nail Lloyds for selling on a debt that is in dispute?

 

Thanks in advance!

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  • 2 months later...

I filled against LTSB for charges, ppi, mis-applied interest and expenses (total: £1970 ish), and they just dumped £750 in one of my accounts. Haven't received a letter yet, but this obviously doesn’t cover what they owe me… should I ignore it and press on with my claim, or call them/write to them and find out why they have honored one of my points but not the rest?

Many thanks!

 

Mooky

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Hi

Send them one of the letters from here:

http://www.consumeractiongroup.co.uk/forum/bank-templates-library/25716-rejection-settlement-offer.html

Then carry on for the rest of your claim.

Barty:)

I WON!!!! :D :D :D

http://www.consumeractiongroup.co.uk/forum/lloydstsb-successes/1774-barty-lloyds-tsb.html

 

IF I HAVE BEEN HELPFUL PLEASE CLICK THE SCALES:)

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