Gear Head

iTrader: (2)

That does sound a little suspect.
But then again, may be they were told that they 'had' to have PPI in order to get a loan.
This is the main issue. Agreed if they hadn't taken out PPI they wouldn't have been able to claim, so that comes down to a moral issue.

Trout

iTrader: (1)

I can grasp what you did - every month you got a statement telling you how much your your PPI premium was.

It takes two to tango on this one

Chip

Correct

Gear Head

iTrader: (2)

What part of young and stupid do you guys not understand?
I still did not give them permission and it is not like I am the only one that they did this too. This was common practice apparantly.

I'm sure you two are not perfect!

Trout

iTrader: (1)

Two key points - in your original contract there would have been something somewhere that meant that you agreed to it being taken. Otherwise it would have been theft. It was an opt out/momentum sale. Mis-sold possibly; illegal, no.

In contractual terms - if the premium being taken was visible to you (it was) and you did not object then in terms of the law it is an acceptance of the terms.

Theft, no. Permission not given, no.

Mis-sold, possibly. Unethical sales approach, possibly.

As I said above - it happened to me with Halifax too - nothing to hide or get worked up about. It's not about being perfect, it's about how you respond when something goes wrong.

Gear Head

iTrader: (2)

Really? Well how come the chap I spoke to from Halifax last night stated that most of time in these cases, PPI was applied when the account holder activated their card.
Because of this, he said that my original contract may not show that PPI was applied.

Work that one out.
Basically, the card activation operator took it upon themselves to add PPI and net a tidy commission.

As I have said before, I have never and will never take out PPI as I don't see the point. (That is what savings are for. )

Rae

from what ive read allot of applications had a box already ticked for ppi ,thats why you can claim .

Gear Head

iTrader: (2)

If you applied online, yes.
You had to untick the box if you did not want PPI.

That isn't what happened in this case, it was all done over the phone.

Chip

Yes but you still had 14 days to cancel your contract (you did read the contract didn't you?) after youn received it where it would have been clearly stated.

And neither I nor Trout said we were perfect, almost but not quite

derekboy71

Just wanted to add to those still wanting to claim for Halifax PPI. They changed their ppi contact address a while back. Listed on here:

http://www.ppiclaimsguide.com/halifax-ppi-claims/

I claimed for over 3k. Never used a PPI company you don't need one, honestly just fill out the questionnaire from FoS.

dukeoffenland

i was with intelligent finance, had PPI i didnt know about on 2 loans (one after the other)

given up after 2 years of letters backwards and forward, telling me im in a que, got a professional firm in now for 10% of claim

GazTheHat

I'm thinking about this PPI. Had a mortgage, bridging loan, car loan, general loan and 2 credits running the last 6-7 years. Heavily, as was freelance and earning and spending loads.

I doubt i'll get my **** into gear to do it personally, as no paperwork etc. I had a look online and wasn't sure what to put in the paperwork. So I'd rather receive "something" if i'm entitled to it via a firm, than nothing. Any recommendations who i should speak to?

ditchmyster

iTrader: (7)

Just contact them direct, i did this with an "overdraft" / loan account i had a few years back and they had all my details on file, i did not even have to fill a form in, as i was self employed at the time, it was an open and shut case.

I got a very tidy sum.

mart360

The issue is not about claiming against PPI, its whether it was clearly

explained in the first place, or pushed as a method of obtaining thel loan

In our case we werent told about the restrictions on who the ppi applied

too, and that there was a huge chunk of interest levied because of this!

Mart