c credit card insurance and loan ppi lloyds bank

[almikenina]

hi

i took out a loan with lloyds in 2003 the loan was for 15000pounds they brought it all up to 23500pounds..with interest and ppi..i asnt asked about the ppi...and i was and am retired

i have been told that it was wrong to sell me this insurance because it was void since i was retiresd..is this right

the same goes for the insurance on my credit card

alsoi have gone over the limti with my credit card and try as i might i cant get it below thie limit level..

i am paying two lots of interest on the credit card +late payment charges and insurance which total over a hundred pounds..its driving me nute

i am also trying to get charges paid back to me ..i live abroad but have my pension paid to lloys where i have been a customer in the same branch for 40 years.

i wrote to them in January and had no reply..i tried phoning but could not get through..i left contact numbers etc

finally i tried to complain through the emails at internet bankinbg and they have been like a ping pong game.

i wrote to head office in andover with ho reply too..yet every letter i have sent to frineds anf family have got to various countries without a hitch!!

i

would welcome any comments good or bad..and any sort of adviceas to what my right are

i have applied to the ombusnman to look at the charges ..but just realizzed about the ppi insurance etc today

thanks..great site

[crystaltipps]

I recently got a refund of PPI on 2 Lloyds TSB loans, and am now going to chase for the credit card (signed for on same day, so they haven't really got an arguement). Take a look at my thread:

 

http://www.consumeractiongroup.co.uk/forum/ppi/113456-lloyds-tsb-loan-ppi.html

 

Good luck!

[almikenina]

thats great..its given me a lift to read it.

i was retired when i took out this loan....so in fact it didn't cover me at all.

 

i have been reading that is you are unemployed or self employed or retired the insurance wouldn't cover anyway..but im not hundred per cent sure..they are so slippery.

i have been trying to get bank charges back this year and have now taken my complaint to the ombudsman

at the time i wish id known about the ppi i could have added it to the list of complaints.

 

thank you so much for your reply ..i was feeling a bit left out

[hellhasnofury]

thats great..its given me a lift to read it.

i was retired when i took out this loan....so in fact it didn't cover me at all.

 

i have been reading that is you are unemployed or self employed or retired the insurance wouldn't cover anyway..but im not hundred per cent sure..they are so slippery.

i have been trying to get bank charges back this year and have now taken my complaint to the ombudsman

at the time i wish id known about the ppi i could have added it to the list of complaints.

 

thank you so much for your reply ..i was feeling a bit left out

 

Hello Alm,

 

You have an extremely good case for the mis-selling of ppi, as you could never have used it.

 

The FOS might not be interested in the ppi bit as the loan was taken out in 2003.

 

Personally I would just write directly to Lloydds, stating your reasons of mis-selling and ask for it back.plus interest at their contractual rate

 

If you need help with letters etc, just ask.

 

They will pay it back

[almikenina]

thanks

i feel a bit despondent after reading the loan protection on their web site..as it talks about hospitalization compensation if you are retired..if hospitalized..???

 

however i do know that i thought i must take this insurance the girl who arranged the loan never asked me just ticked the box..she filled out the form posted it to me...i signed it and sent it back..

the other thing is that i live abroad and was living most of the time abroad then..which lloyds knew about..i never hid that from them..so even if i was ill and in hospital here they wouldn't have paid me here outside the uk.

what do you think.??