yes!

And remember under EVIDENCE in the FOS booklet...the fact there may be a signature is not of itself proof that the circumstances in which it was sold were not questionable

Hi ...If Santander are currently the owners of PPI...but the PPI was taken out way back around 1997/8 who is it that the request should actually be addressed to... ..by the way...this was originally a Debenhams Store Card owned by GE Capital One....so who would be the correct organisation to write to Thanks

Just quickly....the above case also gives an interpretation on the ''Date on which the action accrues'' I constructed an a poc based on the above when the Solicitor of Santander used the SB route in Parts 1..AFTER having dilly dallied.... The solicitor for my friend was not going to take the case on UNTIL he saw my POC (was VERY impressed) based on the above cases and LA 1980 PART 11...Legal Aid has ALSO now been granted my friend..on the merits of the POC...and so the routes taken by Santander...i.e DELAY/Costs/SB are being suffocated...

There are other areas in the Limitation Act that allow for more than 6 years....there is also a 15 year backstop which can be used in appropriate cases...actions in tort and contract are expressly subject to part 2 of the ACT...Also look to Glaister v Greenwood [2001]EWHC Ch 453 (26th February,2001)...it will give you an idea of how statute barred arguments may be defeated..IN YOUR FAVOUR depending on dates/facts/knowledge/constructive/actual.... All the best...I shall be watching thread with interest!

Agreed!

how much?

Here are the relevant provisions....but you will need at least a minimum of account history from them to work from...i.e transaction dates...account notes showing nature of transactions..i.e credit limit reduced from or increased to etc... Companies Act 2006 c.46 http://www.legislation.gov.uk/ukpga/2006/46/part/15/chapter/2 (see in particular SUBSECTION (3)(a) of Section 386 http://www.legislation.gov.uk/ukpga/2006/46/part/37/crossheading/company-records Money Laundering Regs 2003/3075 http://www.legislation.gov.uk/uksi/2003/3075/regulation/6/made Money Laundering Regs 2007/2157 http://www.legislation.gov.uk/uksi/2007/2157/regulation/3/made http://www.legislation.gov.uk/uksi/2007/2157/part/3/made (in particular see Section 19 Subsection (3)(a and b) http://www.legislation.gov.uk/uksi/2007/2157/regulation/2/made ...for meaning of 'business relationship'

I have just received a letter in response to my sar on behalf of friend whose account Debenhams Store Card/Ge Capital One (now in control of SANTANDER CARDS UK LTD) goes back to 1998 according to accompanying account notes BUT they only provided transactions from Aug 2005-Oct 2006....accompanying notes shows credit limit reduced in Nov 2011...therefore according to Companies Act 2006 c.46 and Money Laundering Regulations 2001,2003,2007/2157 they have destroyed documents prematurely OR playing concealment They have given a total for the actual premiums offered but to my mind this is far too low in view of historical length of account evidence....so sent in a letter mentioning they have broken the law...as fifth Principle Schedule 1 DPA 1998 does not specifically mention any time limit but the above STATUTES do!!! The FACTS of this particular ppi shows that they have unlawfully destroyed documents BEFORE the time limits...or something more sinister involved...

Santander bought GE capital one and GE were fined by FSA big time in 2007 for systematic mis-selling..that is a FACT..yours may have been one.....one of your is Debenhams...have alook at my progress on this thread...http://www.consumeractiongroup.co.uk/forum/showthread.php?352716-Friend-s-Santander-PPI-Claim Also described as 'account cover premium' on my friends' whom /I am helping..

From the extremely limited information they gave me in the SAR...I have looked at transaction dates and based on Money Laundering Regs and Companies Act 2006...th:jaw:ey appear to have destroyed the docs unlawfully/prematurely:|

Yes I do have but one sheet from Aug 2005-Oct 2006 Exactly how can she have come up with that figure of 360 without any further information/documents in her possession as per above post...'6 years'

No...they have only started from Aug 2005 until 2006...but I have an account statement which I sent them a copy at least going back to 2004 how has she come up with a figure of 360 if she states that they do not hold information going back 6 years.

Hi RE-DEBENHAMS STORE CARD/GE CAPITAL ONE-SANTANDER I have received the reply to SAR...However the letter states ACTUAL premiums paid at approx £360.00 ''I can confirm that insurance was taken out on the account.The total amount of insurance premiums charged is £360.00'' BUT the SAR was just one sheet going back only to August 2005 until Oct 2006...and on that sheet I have calculated approx £45.00 How do I calculate the contractual interest concerning the figure of £360.00 and 8% interest as there is no indication anywhere on what the Purchase Rate was... Many thanks

Request a SAR first...have a look at your monthly statements...if there are months missing in between them take the average.....for months missing PRIOR to the months starting in your SAR again take the average from what is known and bang in an offer....I have managed to get statements as far back as 2001 for Halifax forester card on behalf of friend...It is NOT always the case that you wont get ALL statements...but if you do ..then use the above procedure and you would use the PURCHASE PRICE interest rate... eurocup77... it is best that you start your own thread as you will get attention specific to your own circumstances with input form the more experienced site team.... and likes of me if I can without confusing the issues...

Well done PPI Rani:jaw:

I sent off a SAR to debenhams 2004 store card c/o Ge Capital one..now owned I believe by Santander....they really are a difficult bunch to deal with but 40 days not up yet...lets see:x

Hi SFU...yes but surely GLC has only ltd manpower and resources to do this?

Thanking you in advance..no doubt when it is finished I shall attach the spreadsheet up for your opinion and subject to that send it off on bhalf of my friend where a speedy response will certainly result in donation to this wonderful site.

Yes...just moving ahead...when loan Consolidation 3 is settled early there will be no rollover...how does one deal with that settlement figure which is actually is £16,217.51 settled on 10/02/2005

It will take some time to understand this...but I am just cracking on with the figures and entering them into spreadsheet or I will be not making any progress just for wanting to understand what goes where...I must confess i still have no idea...but what the hell as long as correct figures go in correct cells in excel...i'll leave the method to you guys/gals so in addition to £63.56 i must enter alongside that for every date payment was made the figures of 2.13% of £366.34 is £7.80 7.0% of £366.34 is £25.64.... I keep forgetting that loan ppi rollover keeps on being paid thru consolidation loans 2 AND 3...hence the 2 figures Thnks for persistence..

phew!!!..I got that right

are u saying 'that is correct' meaning the calculation is right...or 'that is correct'...the answer is wrong:|

I think I am losing the plot because I do not know from where the 4.8% is coming from in the first place..and also is my calculation wrong for monhtly proportion of ppi for 366.34 being £63.56..