marks+sparks help

[crampers]

hi everyone heres a quandry .2001 i had a m+s charge card and personal reserve account balance of around £3500 this was rescheduled into a loan for roughly £7500 of course i used both again resulting in the whole thing being rescheduled into a £12000 loan which i am still paying .i requested ppi back on the personal reserve and first loan m+s admitted they missold both were does this leave me with the £12000 loan have i a case for rendering the loan null and void or is ppi separate.

[hellhasnofury]

hi everyone heres a quandry .2001 i had a m+s charge card and personal reserve account balance of around £3500 this was rescheduled into a loan for roughly £7500 of course i used both again resulting in the whole thing being rescheduled into a £12000 loan which i am still paying .i requested ppi back on the personal reserve and first loan m+s admitted they missold both were does this leave me with the £12000 loan have i a case for rendering the loan null and void or is ppi separate.

 

Hello,

 

I have had dealing with M&S. I felt after a fight they were actually quite helpful. They did start of the denial and though you have stated they admit to mis-selling, I don't think they will, they will just give you a goodwill gesture to keep your faith in their company.

 

Unfortunately, as you have stated that after the loan for £7,500, you used both again, and ended up with a loan for £12,000. Therfore you do have some responsibity for spending the money.

 

Claim back the ppi on the previous loans plus the interest and they interest they charged you.

 

Tell them that you wish to control the refund and you wish a cheque payable to you.

 

I received over £7,000 back for mis-sold ppi. This was the total amount of the ppi plus interest they took, plus over £2,000 interest from 2001. I negotiated and got a cheque to me for £3,000 and the rest taken of the balance of the loan. So everybody won in a sense.

 

This is my opinion only.

[crampers]

they have admitted that they didnt stick to the script on one of the ppis therefore not informing me of certain rights of cancellation etc and that i never ticked the box or signed the other one sounds like an admission to me .thanks for the reply

[reidnet]

It does sound a bit like an Admission there Crampers.. I pressume you will of course be going after them now..lol

 

Good Luck

 

Ian

[crampers]

they have paid back ppi plus interest

[reidnet]

Well done Crampers...

[hellhasnofury]

they have paid back ppi plus interest

Excellent news:D

Well done, enjoy:D

 

Maybe get one of the mods to put you thread on the success sticky

[crampers]

how do i do that sent a donation for all the help couldnt have done it otherwise

[dx100uk]

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