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by Dee.23
Sun Mar 01, 2015 10:41 am
Forum: Ask IVA Forum and Industry experts
Topic: PPI. How can Supervisors be allowed to charge extortionate interest rate ?
Replies: 12
Views: 2421

Thanks guys, and yes I remember the purple spotted letter now you mention it.
by Dee.23
Sat Feb 28, 2015 11:10 pm
Forum: Ask IVA Forum and Industry experts
Topic: PPI. How can Supervisors be allowed to charge extortionate interest rate ?
Replies: 12
Views: 2421

I don't know what the rules are, but I intend to find out. I've started the ball rolling by making a formal complaint to GT, and I wont stop until I'm satisfied.
Thanks to all who have responded and feel free to continue having your say as I'm truly interested.
by Dee.23
Sat Feb 28, 2015 8:59 pm
Forum: Ask IVA Forum and Industry experts
Topic: PPI. How can Supervisors be allowed to charge extortionate interest rate ?
Replies: 12
Views: 2421

Yes, claim 2 was made by EIC. I was with BE but GT took over. I've read the original documents from BE and it states: 'Supervisor Fee exc. VAT will be equivalent to 15%. When I contacted GT they informed me I signed their t&c's, to which I truly do not remember but I have requested a copy of the doc...
by Dee.23
Sat Feb 28, 2015 7:27 pm
Forum: Ask IVA Forum and Industry experts
Topic: PPI. How can Supervisors be allowed to charge extortionate interest rate ?
Replies: 12
Views: 2421

Yes, statutory interest £902.72;= £180 HMRC tax,Supervisor fee =£225.68 no claims management fee as I was the one that made the claim. No 2 was statutory interest £92.25; no tax, claims management fee= £35.98 and supervisor fee= £23.06. Does that sound right to you???
by Dee.23
Sat Feb 28, 2015 6:59 pm
Forum: Ask IVA Forum and Industry experts
Topic: PPI. How can Supervisors be allowed to charge extortionate interest rate ?
Replies: 12
Views: 2421

Thanks Foggy, but i was charged separately for tax. I thought this was a ridiculous amount, afterall, they charged me just over a quarter for my IVA....
by Dee.23
Sat Feb 28, 2015 1:39 pm
Forum: Ask IVA Forum and Industry experts
Topic: PPI. How can Supervisors be allowed to charge extortionate interest rate ?
Replies: 12
Views: 2421

I successfully completed my IVA last year and received my CofC. My question is: How can the supervisors be allowed to charge an extortionate 25% on all individual statutory interest payments on successful PPI claims?
by Dee.23
Thu Jul 24, 2014 12:09 pm
Forum: Ask IVA Forum and Industry experts
Topic: New excuse for not sending certificate - 'closures department is up for repair '
Replies: 3
Views: 2181

My IVA went for closure in December and I was informed it will be complete in July this year. I still have not received it and when I contacted them their response was 'as a creditor hasn't claimed we have given them until 21/07 to respond, please call back 22/07'. I have called back twice to be tol...
by Dee.23
Wed Jun 25, 2014 10:11 pm
Forum: Ask IVA Forum and Industry experts
Topic: EIC informed me PPI claims can run in the background and not effect the CC ??
Replies: 1
Views: 1984

Hi, my IVA went into the closures department Dec 13th 2013 with an expected wait of 6 months for my Certificate of Completion. I have now been informed that due to PPI claims this in fact could take longer, but I was informed by EIC that the claims can run in the background and not effect the CC??? ...
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