Self Employed & going to try and claim PPI from MBNA

[octonaut]

Old MBNA credit card i defaulted on and debt has been sold to Link.

 

Sent SAR to MBNA and got back all info including lists of transactions including PPI.

 

Im sure there can be no dispute in my case for miss-selling as the CCA they sent to me

just before cout case clearly states in bold ink SELF-EMPLOYED.

 

Im just not sure which spread sheet to use and believe the adding of the PPI insurance

was a contributing factor to the default of the debt.

 

Towards the end the interest and insurance added meant the debt was just increasing.

 

Could someone advise as to which spread sheet i should use.

 

Thanks

[ims21]

Are they copy statements or just a transaction list?

[Hortz]

None, they'll just ignore it anyway.

If there is any kind of offer made they will use their own calculation methods.

 

There is also plenty of room for dispute over the Mis-selling.

 

Did it cover you?

Did it exclude self employed?

Were you covered with restrictions?

Did you know about the restrictions?

What did you think you were covered for?

Did you seek to clarify it?

Did you get a policy summary?

I'd do your research first, it doesn't pay just to wade in blindly.

 

That said, with MBNA their uphold rate is ridiculous at FOS which suggests there was something being done wrong there.

[dx100uk]

link?

 

hope you are still not paying them too

 

dx

[octonaut]

It is just stated on a page taken off the web application ... im sure that is how i applied for the card.

And no im not still paying ... account went into default and was sold to Link ... link won in court and i pat £10 per month lol.

 

So i never asked for insurance ... and i thought the fact that i am self employed was a good enough reason not to have the insurance ???

 

is this not the whole point ??

 

them selling something to you that 1 is a requirement of giving you the card and 2 something that is useless as a insurance lol.

[octonaut]

oh and sorry ims21 they are just transaction lists ... not copy of original statements ...

[dx100uk]

link got a ccj, blimey did you know about it

contest it?

 

sure i'd put in a claim.

if the PPI is listed monthly.

 

 

dx

[octonaut]

Yes the sheets they sent to me show it as either credit insurance fees or payment protection cover.

 

Yes they got me ...

i put my trust in someone recommended to me who would help defend and after lots of trying to get them to let me know what was happening they just cut me adrift ....

about 4 days before court date

 

i did manage to at least get a variation order reducing it from Pay full immediately down to £10.00 per month.

 

Then Link went for a Charging order .

.. i did have the assistance of someone from our local Community advice and law service .. but on the day we failed.

 

We argued that the charging order application should have been dismissed as i had completed an application to Vary the Order prior to the application for the charging order.

 

However on court day we learnt that the Variation had been granted but not dealt with until 26th January 2012

which was 5 days after they had applied for the interim charging order.

 

But im paying them regular on the dot £10 per month and payment is sent by postal order and by sign for post .

 

So right now as i am starting to sort myself out having been kicked to the bottom rung of the ladder i am wanting to seek redress where ever i can.

 

And having found out PPI was on the card account i decided this was the first to get sorted.

 

After i have this ball rolling i would like some advice on Mortgage charges because they had a chunk of charges

that as i have read here where not allowed ..

.. Like £30 admin charges .

.. and even worse added to the term of the mortgage lol.

 

But that a different project ... i would like any assistance or advice you can offer.

 

Regards

[dx100uk]

god how unfair

 

bet the debt is +50% charges/ppi as well

else MBNA would never had sold it.

[theoldrouge]

if you just say self employed, they will tell you you were covered. The point is that in order to claim for the ppi unemployment benefits, you would have had to cease self employment and prove this with evidence from hmrc. This is a significant onerous term that someone who is employed does not have to comply with and as this was not made clear to you on application but only buried in the small print of the t&cs you were misold

[octonaut]

ok ... i think lol ... so should i claim ... i was lead to beleive reading here that if you where self employed it was pretty cut and dry ...

[theoldrouge]

yes def, just giving you the reason to use why you were misold

[octonaut]

ah ok got ya ... yes i can see it now lol .... ok i am going to check the spread sheet tonight... apparently where the spread sheet says claim to ... thats where i have to put the date of the last charge added to the account before i went into default ... is that right .

[octonaut]

Is there any covering letter i need to send with the spread sheet ??

[octonaut]

nobody interested ;(

[octonaut]

Ok i will ask 1 more time ... is there a covering letter i need to send with the spread sheet and where the spread sheet says claim to ... thats where i have to put the date of the last charge added to the account before i went into default ... is that right .

[theoldrouge]

you need to send the fos questionaire, the spread sheet and a short covering letter giving the reason explained above. If you post up a copy of your speadsheet and draft letter, I or someone , will check it for you. Use the last date on which you were charged interest to

[octonaut]

Can someone just take a look at this spread sheet ... i really do need to get this off.

How will i know the interest rate ??? will this be on an old statement.[ATTACH]48696[/ATTACH]

[theoldrouge]

Use the average int rate that you were charged.Im away till next week so can't read spreadsheet very poor wifi