Sorry..another EIF question!!
We received a pack a few months back about the infamous PPI claims etc. Having taken advice from you guys here on the forum, we returned the pack stating 'NO PPI TAKEN' written across every page as we know we've never had any PPI on anything.
Recieved a letter last week off DFD claiming we hadn't returned the pack. I e-mailed them stating we had returned the pack and informed them of the above..to which I received a reply stating it was a clause within the IVA and we had to return the pack for EIF to check whether or not there's a claim to be made! Now, NO PPI TAKEN to me is quite clear but they're now saying they still want to check?! Do they not think if we had taken PPI out we'd have told them so?! Grrrr!
When you make a mistake, don't look back at it long...the past cannot be changed. It is the present and future that counts
i have never heared of a ppi clause in aproposal,only that all assests to assesed as they appear.
this ppi reclaim buisness is tantamount to fraud when you know you were "not" sold it without your knowlegde.
this is going to drag on till it dies of natural causes.
cc received 6th January 2014 now upwards and onwards
Thats exactly what I did Niobe..funny how their response says 'we have no interest in wasting time', yet despite me confirming we've never had PPI, they obviously willing to waste time checking for themselves!!
And back on track...that's the clause they are referring to! Nightmare really. Honestly don't see the point if we know we've never had it! I was always too tight to pay that little bit extra lol
When you make a mistake, don't look back at it long...the past cannot be changed. It is the present and future that counts
Following on from the letter I received last weekend, I have a feeling Payplan will get us to complete the form, as they are proposing a variation meeting for closures. It reads as though they they will explore all possible PPI despite us saying we've never had any. If they send the forms again, I'll sign them, as long it will not hold up closure. x
IVA journey started: 30th March 2009. Settled: 17th July 2012. Completion Certificate received: 13th March 2013. Breathe. x
i too had the letter for the mass variation.i sent my ppi forms back in the end and one has comeback as having ppi attached that i never knew about.so i might have been missold if i did not know it was included.
cc received 6th January 2014 now upwards and onwards
Hi
Even if you did not take out PPI they may have put it through under another name referred a charge somewhere etc My friend did not take out PPI he got £1000 back and still being looked at his was car finance so let them have a look it may work in your favour
Or just write to them saying you are not persuing the matter and are not prepared to make a claim now or in the future
You cant be forced into it
There are many people who have subsequently discovered that they had PPI that they did not know about or had not requested. It is always worth to do a check - and I suspect that your IP may insist on it, so my advice is to sign and return the forms and let the claims management company get on with the job. If they find there is not PPI, as you have confirmed, then they will trouble you no longer - but if they do find some, then you will need to determine whether it was genuinely sold or missold.
I have to agree with Mel, I really don't see why you have an issue with your IP exploring this as a possibility, it is now well known that people who categorically thought they never had any PPI have subsequently been found to have had it applied to something in the past, it doesn't affect you at all so I really don't understand why people in an IVA seem so antagonistic against their IP's just looking into it?
For me lem, when I received my forms in January, it was more of an ethical issue for me, as I knew my PPI wasn't mis-sold. That said, the more I learn on here is the more I question whether it may have occurred on other cards and loans I had without my knowledge, so I don't mind it being explored, as long as the creditors agree that cases can be closed pending PPI/VAT being added to accounts thereafter. I'm rather hoping there is some, as with funds running low and no help whatsoever from DWP with my mortgage, I'm facing homelessness in the New Year. x
IVA journey started: 30th March 2009. Settled: 17th July 2012. Completion Certificate received: 13th March 2013. Breathe. x
You see I know we had PPI on a couple of loans, but I can't categorically state we were missold or not to be fair, I haven't seen enough factual evidence to state what the criteria are for misselling which the lenders have to abide by when they are looking at each case and making the decision, which is why it gets my goat a bit when people come on here and say 'I know I wasn't missold as I asked for it' as an example, just because you asked for a particular financial product in the first instance, does not necessarily mean that it was fit for purpose or not missold and I think we should let the experts decide and not dig our heels in thinking we know it all, we clearly don't.
I agree with you lem in terms of whether the product was fit for purpose, and I think the more we learn and share on here is the more our minds are opening to the PPI debacle. x
IVA journey started: 30th March 2009. Settled: 17th July 2012. Completion Certificate received: 13th March 2013. Breathe. x
If you have a read what situations are arising from the PPI you can see its not just 1 issue or 2 Its mis sold on different levels examples are you should be told its interest based or the better example you can go across the road and get the same PPI for £20 less a month they spiel you with their insurance and anybody going for a loan is going to want the money so you feel obligated to say yes thats how they pressure you hence the mis selling
Other issues are calling it something else
The banks have held their hands up and now its Pick Pockets Instantly time
Let them investigate they are the experts they know the loopholes and if they come back with a No then you can say I told you so If its a yes then you can say ah yes yes I thought so
