Welcome Finance PPI claim 2001

[SummerRaine]

Hi all

 

I am in the very early stages in trying to claim back PPI on the loan

 

I took out a secured loan with Welcome Finance back in 2001.

 

I took out a £5,000 loan and was told I had to take the PPI out or I would be refused the loan.

 

I repaid the loan in 2007 and I think I paid in the region of £21,000 all in!

 

I didn't think about claiming PPI until quite recently as I thought once I had paid it off it was finished therefore no point.

 

I have emailed Welcome Finance as I do not have the original paperwork or account number.

 

They have emailed me back and asked me to send off either £1 for copies of my loan agreement or £10.00 for a full Data Subject Access Request,

where they provide all information held by Welcome Financial Services Ltd.

 

They have also emailed me a PPI reclaim form which they cannot deal with until I pay the fee.

 

I am fine with this and think the £1 fee is enough as I only had one loan with them, would that be right?

 

as my loan was pre 2003 which seems to be a sticking point for most,

will my claim be automatically rejected?

 

I have no idea how much PPI I would have paid for this loan.

 

It was a loan over a 10 year period but I paid it off early.

 

Many thanks for anyone that can help with my queries.

[dx100uk]

send them an SAR the £10 one.

 

as for if they'll cough

 

before the FOS etc it was GISC and another set of guidelines AMT or something?

 

they have to abide by?

 

lets await the SAr

 

dx

[SummerRaine]

Thank you for that dx, I will get a £10 PO (don't have a cheque book) off to them tomorrow and wait to see what comes back. I assume they will have no objections to posting it to a different address from the one on the application? We have since sold the house.

[dx100uk]

as long as you prove by say ctax bill whom you are.

 

refer to the old address on the sar too.

 

 

dx

[SummerRaine]

Thanks for your help. Should I send it recorded so I know they have received it?

[dx100uk]

not worth it

 

2nd class with free proof of posting from the PO counter will do

 

dx

[SummerRaine]

Am dredging up this old post as

 

 

I had to jump trough hoops to get my paperwork back from Welcome.

 

 

It didn't helped I had moved address (from Scotland to England) and changed surname either.

 

 

I have got my paperwork from them which includes everything I need to get started on trying to claim back PPI.

 

 

What do I need to do now?

 

 

Do I fill in the existing form they emailed me to reclaim PPI?

 

 

I no longer have it as it was sent to my work email's address (I have a new job)

 

 

could I just contact them again to ask for this to be sent to another email address?

[dx100uk]

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

 

 

fill this out

 

 

and do a

 

 

do a spreadsheet as per link 1 below. [sheet is at the end but read it first

 

 

dx

[SummerRaine]

Thanks DX, I read the corresponding information and it all seems to make sense now. I can't however open the spreadsheet, am I doing something wrong?

[dx100uk]

have you MSoffice installed?

 

 

if not open office is free

 

 

dx