Lloyds TSB, useless wnakers!
15 December 2011, 10:22 AM
#1
Lloyds TSB, useless wnakers!
My eldest wrote and claimed back PPI charges from these thieving idiots in January.
In August they wrote to say they would be paying everyone.
In November they wrote to him saying they owed him nearly £800 and he would have it within 21 days.
Twenty EIGHT days later he rang them, no it hasn't been paid and no they can't say when it will be paid or why there is a such a hold up.
What should he do? just wait and wait?
I LOATHE Lloyds TSB, bunch of thieving *****!
In August they wrote to say they would be paying everyone.
In November they wrote to him saying they owed him nearly £800 and he would have it within 21 days.
Twenty EIGHT days later he rang them, no it hasn't been paid and no they can't say when it will be paid or why there is a such a hold up.
What should he do? just wait and wait?
I LOATHE Lloyds TSB, bunch of thieving *****!
15 December 2011, 10:51 AM
#3
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It wasn't just Lloyds mate, Halifax stiffed me for PPI too and I hadn't even asked for it.
I only found out as they wrote a letter saying that if I had any concerns about being mis-sold PPI, I should contact them.
Got £220 in the end. It went a week passed the date that the interest was paid upto, so I called them asking if they were now going to pay me interest for the days waiting for the cheque? The cheque arrived 3 days later.
Worth a try. The offer will state when the interest on the offer will be paid upto. If it is passed that date, they will have to act.
I only found out as they wrote a letter saying that if I had any concerns about being mis-sold PPI, I should contact them.
Got £220 in the end. It went a week passed the date that the interest was paid upto, so I called them asking if they were now going to pay me interest for the days waiting for the cheque? The cheque arrived 3 days later.
Worth a try. The offer will state when the interest on the offer will be paid upto. If it is passed that date, they will have to act.
15 December 2011, 11:18 AM
#5
Part of the problem was/is Lloyds credit services staff who lie. I was missold PPI by Lloyds TSB credit services...the lady on the phone told me it was FREE!
Outright lie. As I was billed the next month for it. Of course I queried and cancelled, and refunded straight away.
Also found out I didn't qualify anyway, yet I was originally told I did!
The highstreet bank staff admit that the staff at the credit centres are a total embarrasment, quite rightly too!.
15 December 2011, 11:21 AM
#6
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The UK Courts ruled that this widespread misselling was illegal, and it would have to be paid back if claimed.
So yes, he does deserve to get it back.
15 December 2011, 11:26 AM
#7
This seems similar to the endownment mortgage saga - anyone with half a brain would realise that they might not pay out at the end of term.
So what does the government do - make the banks payout in order to insure people against their own stupidity.
Still, if it is OK for the government to make banking risk free for the (clued up) rich banker types, I guess it is OK to do the same for your average (not very intelligent) man on the street.
ps do you want to buy any of their shares :-(
So what does the government do - make the banks payout in order to insure people against their own stupidity.
Still, if it is OK for the government to make banking risk free for the (clued up) rich banker types, I guess it is OK to do the same for your average (not very intelligent) man on the street.
ps do you want to buy any of their shares :-(
Last edited by cster; 15 December 2011 at 11:27 AM. Reason: humility injection
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15 December 2011, 11:26 AM
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So stick that in your pipe and smoke it.
PPI was so badly mis-sold that they even made sure they didn't tell you they were charging for it. They just included it in any 'interest payment' amounts. That was from the horses mouth from the guy I spoke to at Halifax.
That is why so many people were caught out.
Now go and be of some use and tell us how good oranges are....sorry, I meant apples!
Last edited by Gear Head; 15 December 2011 at 11:29 AM.
15 December 2011, 11:29 AM
#9
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Tell me how you can be miss selled something I've always known ppi is not compulsory , pc world nearly got me once they added it without asking but wait! I have this magic power of eyes and I checked my agreement before signing it and got it removed.
15 December 2011, 11:35 AM
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However, it was usually added when you called to activate your card, so you never received anything to say that it was being charged. Again, the guy from Halifax told me this too.
I always say no to PPI when it is offered. But if it is offered and you decline to take them up on it, you don't except them to add it anyway.
Not stop posting on something you clearly know very little about.
Many innocent people were scammed like this and to be honest, the banks got off lightly with just having to pay back the money charged, plus 8% interest.
15 December 2011, 11:37 AM
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This seems similar to the endownment mortgage saga - anyone with half a brain would realise that they might not pay out at the end of term.
So what does the government do - make the banks payout in order to insure people against their own stupidity.
Still, if it is OK for the government to make banking risk free for the (clued up) rich banker types, I guess it is OK to do the same for your average (not very intelligent) man on the street.
ps do you want to buy any of their shares :-(
So what does the government do - make the banks payout in order to insure people against their own stupidity.
Still, if it is OK for the government to make banking risk free for the (clued up) rich banker types, I guess it is OK to do the same for your average (not very intelligent) man on the street.
ps do you want to buy any of their shares :-(
(ii)It has nothing to do with the Government. The judiciary ruled n favour of the consumer.
The consumer was not offered any alternative or choice at the point of sale. And it was offered at the same time as the loan or Credit card.
Tell me how you can be miss selled something I've always known ppi is not compulsory , pc world nearly got me once they added it without asking but wait! I have this magic power of eyes and I checked my agreement before signing it and got it removed.
See above - the courts rules on the basis of consumer choice and point of sale techniques.
15 December 2011, 11:39 AM
#13
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Again Ant, my original contract that I had to return and keep a copy of showed no to PPI.
However, it was usually added when you called to activate your card, so you never received anything to say that it was being charged. Again, the guy from Halifax told me this too.
I always say no to PPI when it is offered. But if it is offered and you decline to take them up on it, you don't except them to add it anyway.
Not stop posting on something you clearly know very little about.
Many innocent people were scammed like this and to be honest, the banks got off lightly with just having to pay back the money charged, plus 8% interest.
However, it was usually added when you called to activate your card, so you never received anything to say that it was being charged. Again, the guy from Halifax told me this too.
I always say no to PPI when it is offered. But if it is offered and you decline to take them up on it, you don't except them to add it anyway.
Not stop posting on something you clearly know very little about.
Many innocent people were scammed like this and to be honest, the banks got off lightly with just having to pay back the money charged, plus 8% interest.
15 December 2011, 12:01 PM
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I suppose you say the same to people that have had their identities stolen.
Or in fact, any victim, of any crime?
Come on fella, I know you are holier than holy (as you own an apple ) but you can't blame those who were scammed by the banks regarding PPI. Miss-selling, then yes you have a point. But if you catagorically say 'no' and they apply it anyway, don't tell you about it and hide the charges, even you wouldn't have realised.
Or in fact, any victim, of any crime?
Come on fella, I know you are holier than holy (as you own an apple
) but you can't blame those who were scammed by the banks regarding PPI. Miss-selling, then yes you have a point. But if you catagorically say 'no' and they apply it anyway, don't tell you about it and hide the charges, even you wouldn't have realised.
15 December 2011, 04:03 PM
#21
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I never seen a penny of it and they got the money back that was originally theirs anyway, WIN WIN.
15 December 2011, 04:40 PM
#22
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So still his fault then. He was told he had to take and took the loan with it anyway.
For it to have been miss-sold he must either have been ineligible to claim or have proven cover elsewhere.
Amazingly over the years of dealing with many banks I have never been sold PPI - it is so obvious when they try and add it.
But hey, it's always someone else's fault
15 December 2011, 04:55 PM
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So still his fault then. He was told he had to take and took the loan with it anyway.
For it to have been miss-sold he must either have been ineligible to claim or have proven cover elsewhere.
Amazingly over the years of dealing with many banks I have never been sold PPI - it is so obvious when they try and add it.
But hey, it's always someone else's fault
For it to have been miss-sold he must either have been ineligible to claim or have proven cover elsewhere.
Amazingly over the years of dealing with many banks I have never been sold PPI - it is so obvious when they try and add it.
But hey, it's always someone else's fault
I don't care what you say, that is miss-selling.
No different to buying a new Porsche and being told that you must buy some gay orange wheels in order to purchase the car!
Last edited by Gear Head; 15 December 2011 at 04:57 PM.
15 December 2011, 06:16 PM
#26
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Of course it was miss-sold if he was told he had to pay an insurance fee for his loan when he didn't have to.
I don't care what you say, that is miss-selling.
No different to buying a new Porsche and being told that you must buy some gay orange wheels in order to purchase the car!
I don't care what you say, that is miss-selling.
No different to buying a new Porsche and being told that you must buy some gay orange wheels in order to purchase the car!
For example all mortgages require building insurance.
If a company says that you must buy it with my mortgage, it's not miss-selling it is choice, you go somewhere else.
Lloyds may have had policy that PPI was required for loans under age 25 for example - that's not miss-selling that is there offer.
HOWEVER, if they force you to take but you do not qualify to claim then it is miss-sold.
Offering it to you is not the same as miss-selling. Taking premiums and not telling you is also miss-selling.
15 December 2011, 07:05 PM
#27
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All banks also fall under the ruling not just LBG, I also have never been mis sold and the PPI information was always clear and obvious on any loans etc I took out years ago.
15 December 2011, 08:46 PM
#30
My eldest wrote and claimed back PPI charges from these thieving idiots in January.
In August they wrote to say they would be paying everyone.
In November they wrote to him saying they owed him nearly £800 and he would have it within 21 days.
Twenty EIGHT days later he rang them, no it hasn't been paid and no they can't say when it will be paid or why there is a such a hold up.
What should he do? just wait and wait?
I LOATHE Lloyds TSB, bunch of thieving *****!
In August they wrote to say they would be paying everyone.
In November they wrote to him saying they owed him nearly £800 and he would have it within 21 days.
Twenty EIGHT days later he rang them, no it hasn't been paid and no they can't say when it will be paid or why there is a such a hold up.
What should he do? just wait and wait?
I LOATHE Lloyds TSB, bunch of thieving *****!
!