Halifax Credit Agreement

[PlanB]

Re: Halifax Credit Agreement

I did do a a ppi claim back in 2009, but can't remember what account on most likely on the loan but possibly on card . . .

. . . I've had ppi on every loan I had with them . . .

I signed the box on the credit card agreement for card cover, which is payment protection for the credit card I think?

If there are any references to PPI or card protection on a credit agreement then the s.78 response must include the Ts & Cs of those *products* too and without them the s.78 request is non-compliant under s.18.

You have several accounts with Lowells and maybe starting missold PPI claims on those would be a good way of fending off a SD or county court proceedings because it would muddy the waters. BUT the thing to watch out for is whether a PPI claim would have a negative impact on your statutory barred status (I believe it might). Hopefully one of the PPI team will comment on here for you.

[Lynnyloo]

Re: Halifax Credit Agreement

Thanks Plan B. PPi is something I might end up considering if it gets to that stage, as I believe I've paid thousands to it over years, so if anything it would enable me to possibly make some kind of payments towards the debts if I need too.

Cheers

[FlamingParrot]

Re: Halifax Credit Agreement

The credit card is £3500, the overdraft £2600.

I have sent sent off the overdraft cca letter, but would they regulations apply to my overdraft? As it was opened in 2001 went into unauthorised overdraft in 2009 and defaulted in 2010 when they EU regulations came into play.

Did you get any response?

Yeah that's me! I did do a a ppi claim back in 2009, but can't remember what account on most likely on the loan but possibly on card (I was a bit of a mess back then) I was only reminded of that it because there is a letter in the SAR that was sent a year after the claim was declined inviting me to take part in a review of their disability claims. It doesn't mention which account I claimed against though (I've had ppi on every loan I had with them)

Did you pay off those loans or did you default on them?

and I probably just ignored the letter. I also don't have my claim form in the sar to refer to. In fact there is loads missing from the sar, no letters that would have been sent to me, no default notices or warnings of default.

I signed the box on the credit card agreement for card cover, which is payment protection for the credit card I think?

Yes, the box you ticked on that agreement is for PPI. SARs don't always include every letter they've sent you, the ones I got also didn't have every communication from them at the time of default. What you should have got is statements, which you can use to calculate how much PPI you paid on your credit card and then you can add interest on top. There are some excellent PPI specialists like Turbo and Di30 on here :yo: who will point you in the direction of spreadsheets for that purpose. They can be used purely to calculate the amount you would stand to receive, even if you decide not to reclaim in the end. You may want to take a look at this: http://www.legalbeagles.info/forums/...lator-programs You could also post on the PPI forum for them to take a look.

If may be worth reclaiming if the amount is enough to clear the debt or comes close. There are two issues to consider here. One is that a PPI reclaim can reset the SBd clock, that's why it's not recommended unless you can clear the debt. The other is that this debt has been sold to Lowell. Normally when you reclaim PPI on a defaulted account, any redress would go towards reducing the debt, however, there have been cases where the redress has been paid to the debtor instead, :whoo: because the account has been assigned in absolute to a debt purchaser. :thumb:

[Lynnyloo]

Re: Halifax Credit Agreement

Hi Flaming Parrot

No response to Overdraft CCA letter yet, my letter has been signed for though on 7th Nov. Not heard from Lowell's all week actually wonder what they're up too.

All other loans were paid off, had several off HBOS over the years.

I'll trawl through the mound of statements they've sent me at some point and work I out just how much I've paid towards PPI on all the accounts over the years. I don't think it would cover full amount for both the CC & O/D debt but it could contribute towards a F&F to Lowell's if it gets to that. Or I could always just go on a nice holiday if HBOS were to pay it out to me

Really appreciate the help.

[PlanB]

Re: Halifax Credit Agreement

All other loans were paid off, had several off HBOS over the years.

I'll trawl through the mound of statements they've sent me at some point and work I out just how much I've paid towards PPI on all the accounts over the years.

Why not claim the PPI on all the loans which you have paid off first since you're not seeking to get those SB and Lowells won't be chasing you for them either So any money you are due to recover from those old loans will definitely be paid direct to you.

[Lynnyloo]

Re: Halifax Credit Agreement

That's not a bad idea I actually, they are the ones with the most PPI paid on them. I'll need to tot it all up over the weekend then take it from there.
Also HBOS knew I'd not benefit from ppi, due to my employers sick pay terms and the fact they declined a claim, I'm sure I could prove miss selling. I've claimed back my partners ppi so I'm familiar with the forms, just need to word it correctly.

Cheers

[PlanB]

Re: Halifax Credit Agreement

That's not a bad idea actually

I'll take that as a compliment msl:

[Lynnyloo]

Re: Halifax Credit Agreement