claim for ppi

[willy53]

hi can anyone tell me if i have a case, i tokk out loans with welcome finance and it included ppi, i told them i had to and it was put on in advance, i informed them i didnt want it but they said i had to or i couldnt get the loan and made me sign something, also i had loans with household bank were i had payment protections, unfortunatley i think i may of claimed and also defaulted on the loans, i do not have account number etc, does anyone know if i have a claim. can we also claim of credit cards

[alanalana]

Hello willy,

Originally Posted by willy53

hi can anyone tell me if i have a case, i tokk out loans with welcome finance and it included ppi, i told them i had to and it was put on in advance, i informed them i didnt want it but they said i had to or i couldnt get the loan and made me sign something, also i had loans with household bank were i had payment protections, unfortunatley i think i may of claimed and also defaulted on the loans, i do not have account number etc, does anyone know if i have a claim. can we also claim of credit cards

I am unable to give you sound advice on the information you have provided. It would be wrong of me to advise on the information you have posted.

However please have a look at this information. Read all the information in the links and you will find a massive amount of information to enable you to assess if you have a valid claim on the mis-selling of PPI.

PPI - Some Notes for Claimants..

All new posters this is **important**

links and within this is much much more here are some important bits...


For claims before 2005 and the FSA ruling from which campaign
How to tell if you’ve been mis-sold PPI

Quick check: were you mis-sold? - How to tell if you’ve been mis-sold PPI

THIS LINK IS IMPORTANT TO YOU ON RECLAIMING IT IS FROM 2001 FROM THE fos
loan payment protection insurance and a quote from this link...

Quote:
When determining whether a policy is suitable, a seller – whether a lender or an agent for the insurer – must obviously take into consideration any information the prospective policyholder volunteers. However, we do not consider the seller’s duty is limited simply to recording what the borrower discloses. It is only by asking questions that the seller can properly determine suitability. These questions cannot cover every aspect of a borrower’s personal position and should not be expected to do so. To paraphrase the ABI Statement, only those matters deemed to be relevant by the insurer should be the subject of questions
Another useful site to help you reclaim missold PPI UPDATED 16 JUN 08
Reclaim your PPI premiums - payment protection insurance | This is Money

This is a little snippet from the above link....

Can I reclaim on any PPI policy?
Your claim for compensation is dependent on when you took the insurance. PPI sales only came under the jurisdiction of the FSA on 14 January 2005. Any sales made before then are not covered by the latest rules.
However, it may still be worth complaining to your lender if you feel you have been mis-sold. If you bought before January 2005 it is likely that they will have been covered by a previous regime of rules. This means that the Financial Ombudsman Service will be able to consider these complaints. If you took PPI after January 2005, your claim is subject to the latest rules.

For legal issues relating to Data Protection check this link...Lots of very useful info in understandable terms.
Data Protection | OUT-LAW.COM

it includes the following and much much more
Negotiating with the Data Subject (This should be important to Banks)

At this stage, it is advisable to negotiate with the data subject. The location information the data subject will have already given will give a clue as to what it is the data subject really wants to have information about. The benefit of the Data Protection Act 1998 is that it allows data controllers to negotiate with data subjects to get the data subject to specify the exact information he or she wishes to receive.

The data controller is entitled to ask for a fee of £10 and two further pieces of information. Firstly, the data controller must satisfy himself that the person making the request is, in fact, the data subject. The use of a Subject access request form is advised, since the greatest breach of a data controller's security is for the data controller to satisfy a Subject access request made by a person impersonating the data subject. The use of the form goes towards proving that the data controller has adequate identification and verification procedures in place. Secondly, the data controller is entitled to ask the data subject for further information to enable the data controller to locate the information which that person seeks.

When the last of these three pieces of information has been obtained, the forty day period starts to run. It is advisable to put procedures in place to ensure that the receipt of the request and the further information is correctly dated so that an organisation knows how long it has to satisfy the subject access request.

However, if the data subject is adamant that he or she wishes to receive a copy of everything the data controller holds on him or her, then there is very little the data controller can do about this, and a completely exhaustive search of the computerised and manually held data in the organisation will be required. (nice to know what you see in the Act is what you get)


That is just a taste you will need to read research and ask then prepare to get your money back.

[willy53]

ok that looks great thanks

[alanalana]

do not be daunted by the amount of information. Read through make notes, copy and paste into documents and save to a file on your pc mark up all files for ease of accesss and generally keep tabs on all correspondence and anything you consider useful.

aa