Cooperative Bank loan with mis sold ppi

[pinadagolf]

It was implied that taking out a ppi was essential in order to obtain a loan from the Coop Bank .I wasn't asked about any existing or previous medical conditions,

which unfortunately I have.

I h ave sent 2 letters ,starting early in June! I took the loan out in 2005,retired on health grounds in 1990.

Today I have filled a Financial Ombudsman form in, their last letter ie. Coop Bank, after a14 day deadline, was a delaying letter!!

I :) have also sent copies of correspondence.

I feel there is a good chance of mis selling.

Ido hope it doesn't take too long!!!

Wish me luck!!!!!

Pinada golf lady

[hellhasnofury]

It was implied that taking out a ppi was essential in order to obtain a loan from the Co-Op Bank .I wasn't asked about any existing or previous medical conditions,

which unfortunately I have.

I h ave sent 2 letters ,starting early in June! I took the loan out in 2005,retired on health grounds in 1990.

Today I have filled a Financial Ombudsman form in, their last letter ie. Co-Op Bank, after a14 day deadline, was a delaying letter!!

I :) have also sent copies of correspondence.

I feel there is a good chance of mis selling.

Ido hope it doesn't take too long!!!

Wish me luck!!!!!

Pinada golf lady

 

Hello,

 

Will watch with interest, Good luck and keep us posted.

[pinadagolf]

Hellhasnofury Hello,

I sent the form to the Ombudsman this morning by recorded delivery!

Will keep everyone up to date, although ,I suspect it will take a long time!!!!!

Best Wishes pinadagolf lady:)

[reidnet]

Hi,

I think you may have a bit of a wait with the FOS, though they should be a bit quieter just now with the test case for bank charges putting claims on hold.

 

Good Luck

 

Ian

[pinadagolf]

Thankyou reidnet, I have been reading some of the successes in Martins Moneytips, it seems quite a number of people have claimed ppi back!! Many have not had to resort to the FO.!!!!!

Best Wishes pinadagolf lady

[pinadagolf]

Still no reply from the Coop Bank , I hope the F Ombudsman writes to them soon!

[the big g]

Hi there,

 

I think you will have to wait at least three months before you get a response from the FOS, i have been waiting six months and have just been informed that they are now dealing with it.

Of course now the bank charges are on hold it should speed up but they will take more than a couple of weeks before you hear anything.

 

All the best

 

The big g

[pinadagolf]

Thankyou the big g ,I get so cheesed off waiting for ever for replies, I am sure the fact that the banks are on hold should speed things up!

At least my bank charges were settled in May!

All the best pinadagolf lady

[pinadagolf]

Pinada golf lady

 

F Ombudsman received my correspondence Sept 5th ,replied today ,to say they had received it and said they will provide a full response as soon as they can.

[the big g]

Hello all,

 

Had a letter from the Financial Ombudsman office informing me that my claim is UP HELD due to the way the PPI was sold,mainly on the lack of information regarding other PPI options at the time of selling.

So as the commercial says " happy days "

 

The Big G

[hellhasnofury]

Hello all,

 

Had a letter from the Financial Ombudsman office informing me that my claim is UP HELD due to the way the PPI was sold,mainly on the lack of information regarding other PPI options at the time of selling.

So as the commercial says " happy days "

 

The Big G

 

Hello Big Grin

 

What excellent new for you, well done. This news will be a inspiration to others who are becoming a bit dispondent with this process.

[the big g]

Hello Big Grin

 

What excellent new for you, well done. This news will be a inspiration to others who are becoming a bit dispondent with this process.

 

Hi HHNF

 

Yep it's good news, the contents of the letter contained a damming view of the broker ( happy days ) but what was pleasing to see written was that the FO overall feels that this type of insurance is aimed at the loan company/broker and insurance provider. They are the only winners not the protected so i feel that the FO will side with the office of fair trading who are currently investigating the practice.

So for everybody out there with this type of policy it's basically not worth the paper it's written on, get claiming back!!!!!

[pinadagolf]

Well done Big G ,really glad its good news. I am sure many people have been mis sold!!:D Pinada Golf lady

[pinadagolf]

PPI claim with Coop . Bank with the FO since September, sent loads of information to them. Telephoned today, they have already written twice to the Bank asking for info., so I think cases must be moving reasonably quickly.

Hope that will encourage anyone who is thinking of going down the FO. route. best of luck Pinada golf Ladyx