Old loans help!

[dx100uk]

http://www.financial-ombudsman.org.uk/publications/technical_notes/ppi.html

 

This first spreadsheet is the latest version of the statutory interest calculator and is used for Single Premium PPI cases. It can also be used where rollover PPI is involved, i.e. a new loan re-financing a previous one and where PPI is included in one or more loans.

 

StatIntSheet v101.xls

 

 

Barclaycard

Customer Relations Department

PO Box 9131

51 Saffron Way

Leicester

LE18 9DE

 

Dear Sir or Madam,

Re: Providian Visa owned by Barclaycard Account **** **** **** 1459

 

I am writing in relation to the above payment protection (PPI) policy which i believe was mis-sold to me in relation to my visa card.

I believe you have not treated me fairly for the following reasons;

· The PPI was added without my knowledge..

· You have been punished by the Financial Services Authority for failing to treat customers fairly and I do not believe that the PPI I bought was sold in my best interest.

Unless you can prove that the policy was fair and reasonable and that I was treated fairly when I was sold the insurance, I demand a full refund of all premiums, and subsequent interest on these payments, that I have paid in relation to this policy. I also expect 8% interest to be added to each payment I have made as this is the statutory amount a court would pay.

I look forward to your full and prompt response to this letter. If this matter is not settled within eight weeks of this letter I shall be contacting the Financial Ombudsman to investigate my complaint.

This letter is in respect of the above account that was issued by Providian Credit cards.

Yours faithfully

 

 

dx

 

adapt as required

[dx100uk]

as your agreement are pre 2007

they'll need the orginal signed ones if they wish to enforce these loans in court.

 

dx

[blissfull5]

Hi all,

 

ive just received some statements from barclays ()

 

and on one of the loans my EX HUSBANDS name is on it:mad2:!!!

 

He hasnt payed a penny towards this loan.

 

Can i take this to court and ask if they could chase him for the rest of the money even though i know he wont pay anything.

 

Where do i stand?

 

and if i claimed for the ppi is he entitled to any of it?

 

I was really taken for a mug with this one:tsk:

[dx100uk]

on these recontructed cca's

your name IS on them?

 

dx

[slick132]

Hi BF,

 

If your ex's name is on the a/c statement, it's a joint a/c and I believe you both have joint and several liability to pay. This means the bank can look to you or to him for payments and they'll usually chase whoever is more able or willing to pay.

 

If you wanted your ex to pay some, half or all of the loan, this should have been dealt with when you broke up as part of the divorce proceedings.

 

The only recourse I can see is, if you pay the debt, you then sue your ex for his share of what you paid. But from what you say, he may not even pay you, even if you get a CCJ awarded against him.

 

Re the PPI, you can reclaim this and use any refund to reduce the debt. However, the bank may need proof that PPI was mis-sold for both of you. If there's a balance repayable after the debt is settled, again the bank may difficult about refunding to one party only.

 

[blissfull5]

Hi all. just an update i found out my Ex`s name is not on the loan it was the name of our joint current account where a standing order was set up for the payments of the loan. So i've just finished the 1st ppi claim form and am going to send it off tomorrow. Now should i send a copy of the reconstuted loan agreement or not?

I really do appreciate all the advise you have all given me on this you have really helped im so glad i found this website

[dx100uk]

FOS CQ + SOC + covering letter

 

all to the OC.

 

dx

[blissfull5]

FOS CQ + SOC + covering letter

 

all to the OC.

 

dx

Ok im sorry but what is an SOC?

[blissfull5]

FOS CQ + SOC + covering letter

 

all to the OC.

 

dx

Ok im sorry but what is an SOC?

[slick132]

Schedule of Charges, or your spreadsheet.

 

FOS CQ is the FOS Claims Questionnaire (I guess)

 

[slick132]

Schedule of Charges, or your spreadsheet.

 

FOS CQ is the FOS Claims Questionnaire (I guess)

 

[blissfull5]

Schedule of Charges, or your spreadsheet.

 

FOS CQ is the FOS Claims Questionnaire (I guess)

 

oh ok. thank you

[dx100uk]

ops forgot the quick links weren't done for a minulte there

 

yep soc is the schedule of charges

the bits on post 26

 

all three to the Original Creditor.

 

for each PPi Claim

unless the loans refinanced each other.?

 

dx

[blissfull5]

Ok im soo confused ive looked at different threads and ppi calculators and other websites and i still cant work out how much i should be claiming. Heres the breakdown if anyone would help;

 

PPI ; £899.31

TOTAL CHARGE

FOR CREDIT; £245.49

TOTAL AMOUNT

PAYABLE; £1144.80

MONTHLY

REPAYMENT; £23.85

NUMBER OF

REPAYMENTS; 48

[dx100uk]

post 4 in link 1 below

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?318646-PPI-Single-Premium-Your-questions-answered

 

dx