black horse and welcome

[linda m]

Hi hope someone can help,whilst doing a long overdue cleanout I came across paperwork from 2002 concerning loans with black horse and welcome both with ppi included. Will I still be able to reclaim this back or is it too late ,if I remember correctly my husband injured his back and was off work for a few months which then led to a few more months off with deppresion and none of the ppi's would pay out . Iwould be gratefull for any advise.

[alanalana]

Hi hope someone can help,whilst doing a long overdue cleanout I came across paperwork from 2002 concerning loans with black horse and welcome both with ppi included. Will I still be able to reclaim this back or is it too late ,if I remember correctly my husband injured his back and was off work for a few months which then led to a few more months off with deppresion and none of the ppi's would pay out . Iwould be gratefull for any advise.

 

 

You should claim claim claim

 

Please read the stickies at the top of this forum there is a lot to absorb and multiple links to read through. Once you are happy you have a valid claim for mis-selling please post back on your thread for more advice.

 

You will however have a tough time reclaiming from black horse as they allegedly make life very difficult for consumers trying to reclaim mis-sold PPI. The good new is when complaints are submitted to the FOS about black horse the FOS are upholding complaints to the level of 98% so you IMO would have a good chance of getting your money back if you have a sound case within all of the mis-selling rules.

 

PPI - Some Notes for Claimants..

 

Mis-sold PPI? Want your money back? use these links to help

 

Prepare you case gather the data and then claim your premiums back and the 8% statutory interest.

 

aa

[Stylish1]

Can anyone help me please? I am new to the site and I am having problems with two companies at the moment the first is Welcome Finance. I have been chasing them for the horrendous PPI charges and sent them a letter back in June 09 for around £6K and they are not answering me. Has anyone had any success with them? And, the second is Carphone Warehouse ! But I've been told to log under mobile phone issues!

 

Please help - Thank you

[dx100uk]

click this link and start your own thread:

http://www.consumeractiongroup.co.uk/forum/newthread.php?do=newthread&f=111

 

dx

[linda m]

Hi I think I have won and only one letter sent , my ppi from first loan in 2002 was rejected:( loan 2 from2005 I have been offered 457.30 with135.59 stat interest, loan 3 from2006 [this was a top up loan] Ihave been offered 1312.20 with167.19 stat interest

 

Not too sure if these figures are right or if they are trying to fob me of though

 

Any advice THANKS

[dx100uk]

we would need to know how much ppi they charged each month and how long ago to guage that. but well done, atleast they have coughed...

 

now, why cant you get 2002? not pulling the 6yrs limit rule are they?

 

dx

[alanalana]

Hi I think I have won and only one letter sent , my ppi from first loan in 2002 was rejected:( loan 2 from2005 I have been offered 457.30 with135.59 stat interest, loan 3 from2006 [this was a top up loan] Ihave been offered 1312.20 with167.19 stat interest

 

Not too sure if these figures are right or if they are trying to fob me of though

 

Any advice THANKS

 

You would need to provide more detailed breakdown on your monthly PPI premium payments, how many payments, dates the premiums were paid etc it is not possible to give you an accurate assessment on the information you have provided. However if you know what you paid ie xx pounds by xx months with the interest included you should be able to use the figures and using this calculator work out the statutory 8% interest.

 

Blake Lapthorn - simple interest calculator

 

Just type in the principle sum ie the monthly amount you were paying for PPI.

 

Then type in the interest which should be the 8%

 

Then type in the date the payment was made ie

 

1 Jan 2008

 

then type in the date you expect settlement or use the date you are sending your response.

 

then do the same for subsequent payments

 

1 Feb 2008 to date

 

1 Mar 2008 to date etc

 

hope this helps

aa

[linda m]

thanks accepted their offer and cleared of my payment arrears with it

many thanks for all the advice

[alanalana]

thanks accepted their offer and cleared of my payment arrears with it

many thanks for all the advice

 

Well done another success. Please post up your success in the PPI successes at the top of the forum.

 

aa