Empingham wanting a large sum

[paulmorfett1983]

Hi Guys - Fairly new to this posting malarky so i'm expecting a good response from those who know:

 

I took out a loan from Welcome Finance some 6 years ago now and fell behind with repayments on the loan shortly before this PPI scandal kicked off. Pretty sure most of the debt is now paid off however I've had a letter from Empingham chasing me for just under 3k to which clearly I dont have. I was sold PPI at the time of the loan to which i told was a condition of acceptance. I've SAR'd these con merchants and they've sent me a copy of the agreement with my signature on it. My question is how do i proceed from here in terms of going about to repair my credit file as this is proving to be a massive dent and red mark all over my credit report. Any advice on this would be most appreciated. Who to email? Write to? Sample's all would be most helpful. Thanks in advance

[Bombaymix]

Did welcome send you all your statements?

 

If so, get calculating what is owed.

 

It doesn't matter that your signature is next to the PPI section. It still sounds like a mis-sell!

[citizenB]

If you have all the figures then you will need to complete a spread sheet. I think this is likely to be a single figure premium that was then paid monthly. Have a read of the links below. You will also find the spread sheet that you will need.

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?318646-PPI-Single-Premium-Your-questions-answered(2-Viewing)-nbsp

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?330996-Latest-Spreadsheets-PPI-Claims-and-Charges-Claims-Dec-2011

 

The updating of your credit file should cease after 6 years I think.

[paulmorfett1983]

Thanks for the information so far guys. Feeling a little confused. Been reading a few pages from some signatures. I took the loan out in around 2004ish and not made a payment since 2006 time. Although I've sent Empingham an email can it still be statue barred? If so can I send the letter to them?

[citizenB]

If you are absolutely certain you have made no payments or acknowledged liability since 2006 then yes, the statute barred letter will be the one to send.

[paulmorfett1983]

The email i'd sent to empingham was to state the reason i'd not made any payments for the amount they've requested was because i was disputing the PPI on it? Does this mean I've acknowledged it?

[citizenB]

I will ask for you

[citizenB]

The email i'd sent to empingham was to state the reason i'd not made any payments for the amount they've requested was because i was disputing the PPI on it? Does this mean I've acknowledged it?

 

We don't think so.

 

IMHO, I would send the Stat barred letter. Then if they make a fuss, then you have the PPI to fall back on.