How do I reclaim PPI from a ge money aka I group secured home loan (all paid)

[cmb0147]

Hi

 

Hope someone can help me here....

 

In 2004 I took out a secured home loan (ge money aka I group) for £7500.

Single premium PPI was added to this for £1200

Also a broker fee was added £187

So now loan is £8887

 

I have repaid the whole loan as I sold the property in 2007

 

I never used the PPI and felt under pressure to have it as needed the loan at the time.

 

Now I have ALL the original paperwork and also the FULL statements from throughout the loan.

 

In 2011 I tried to reclaim the PPI via a 'claims company' who after four mths told me I had no case as the loan was sold by a broker (who now not trading) and the loan provider is not liable. This was the official stance from the loan provider. Is this right?????? The claims co closed my case. I was not charged any fee.

 

But I hear many bad stori:lol:es of these claims companies as some are quite incompetent too.

 

So now I want to try and claim again but without the claims companies.

 

On my original paperwork the Signed Credit Agreement on an I Group letterhead (I Group is the loan provider) it clearly shows Both the loan and PPI so they were tied together.

 

Do I Have A Case???

 

So where do I start?? What do I write?? Could FOS do anything??

 

Any advice would be much appreciated.

[dx100uk]

GE money are troublesome to get PPI back from

 

 

who was the insurer?

 

 

and WAS IT a GE loan or one of their other names like FNB etc

[cmb0147]

Just checked the paperwork..... The insurer was I Group

 

Same as loan provider

 

 

Thanks for reply much appreciated

[dx100uk]

nope igroup is GE money.

[dx100uk]

https://cse.google.co.uk/cse?cx=partner-pub-8889411648654839:6449422593&ie=UTF-8&q=IGROUP+PPI&sa=Search+CAG#gsc.tab=0&gsc.q=IGROUP%20PPI&gsc.page=1

[cmb0147]

Yes

 

I Group changed to GE Money as all closing statements are from GE Money

 

Thanks for reply

[dx100uk]

I group are not the PPI insurance providers

See those threads in the link

 

Dx

[cmb0147]

Read the threads...

.looks like there is NO success with getting a successful claim from GE Money

[dx100uk]

http://www.consumeractiongroup.co.uk/forum/showthread.php?349209-GE-Money-IGROUP-Loans.co.uk-***-SUCCESS-with-Loans.co.uk-***

[cmb0147]

OK thanks for reply.

 

Read the threads...lots of info.

 

Now....what route would anyone recommend???

 

HFS Loans was the broker....now not trading.

 

GE Money are likely to blame the broker.

 

Is there any other grounds I could go after the Loan Provider..GE Money????

 

Was thinking of the 'plevin' case in mind.

[dx100uk]

FSCS as the brokers dead or find out who the insurance Co were that under wrote the PPI insurance