ppi claim dealer/finanice/underwriters

[dazzer82]

hi all my name is darren a new to forum my story as follows

in 2004 i took finance out on a kawasaki motocross bike this was bought through doug hackings in bolton ( now not trading) . in total i paid £5182

in april 2005 i came out off work an could nt afford the bike so i decided to sell the bike an settle the finance.

over the past year i’ve been getting calls about ppi (never took them on as i new i’d never took ppi out. how wrong was i )

i rang the finance provider (the funding corporation ) who told me i had paid £850.77.
they said i paid £26.27 a month towards this
i had the finance 14 months before early settlement
14x26.27 =£368.78 but i paid £850.77

they said i should follow this up with the broker how is now closed

i’ve requested sars from funding corporation
ive also spoke to axa (underwriters) an they have sent me the terms an condition off the policy

i never new this was attached to the finance if so when i came out off work i would off claimed on the ppi policy so i wouldn’t have had to sell the bike i do fell ive have been misssold this policy an because this was miss sold i do believe it was the result of having had to sell the bike to settle the account. i ended with nothing to show for £5182 because off the ppi

ive spoken to a few advisor an they say go for the under writers can any body please give me advice on how to go about a letter to send them , is there certain regulations in that time which had to be followed. is there thing s on my paperwork i should look for (errors etc)

i appreciate any response thank you

- - - Updated - - -

sorry for the spelling mistakes. writing this on my phone ��

[dazzer82]

Re: ppi claim dealer/finanice/underwriters

hi all my name is darren a new to forum my story as follows

in 2004 i took finance out on a kawasaki motocross bike this was bought through doug hackings in bolton ( now not trading) . in total i paid £5182

in april 2005 i came out off work an could nt afford the bike so i decided to sell the bike an settle the finance.

over the past year i’ve been getting calls about ppi (never took them on as i new i’d never took ppi out. how wrong was i )

i rang the finance provider (the funding corporation ) who told me i had paid £850.77.
they said i paid £26.27 a month towards this
i had the finance 14 months before early settlement
14x26.27 =£368.78 but i paid £850.77

they said i should follow this up with the broker how is now closed

i’ve requested sars from funding corporation
ive also spoke to axa (underwriters) an they have sent me the terms an condition off the policy

i never new this was attached to the finance if so when i came out off work i would off claimed on the ppi policy so i wouldn’t have had to sell the bike i do fell ive have been misssold this policy an because this was miss sold i do believe it was the result of having had to sell the bike to settle the account. i ended with nothing to show for £5182 because off the ppi

ive spoken to a few advisor an they say go for the under writers can any body please give me advice on how to go about a letter to send them , is there certain regulations in that time which had to be followed. is there thing s on my paperwork i should look for (errors etc)

i appreciate any response thank you

- - - Updated - - -

sorry for the spelling mistakes. writing this on my phone ��

bump

[dazzer82]

Re: ppi claim dealer/finanice/underwriters

little update , spoke to the funding corporation (night mare to say the least)
they still can’t answer the question on the policy costing or give me a breakdown on my ppi payments. there in the process of sending me my docs .
also spoke to axa ppi claims department who have now opened a complaint an are going to look into the matter. very nice lady an very helpful they want some further information off me which i know what off when the letter comes. i have got a hold of di’s template letter to which i will re edit to suit my claim an send that back also an see what the out come is , fingers crossed

a copy of my credit agreement came today an at the bottom it says
-signature for and on the behalf of
THE FUNDING CORPORATION
signed/dated
date of signature by the funding corporation and of this agreement


does this his not mean that they have sold me the policy ?

[dazzer82]

Re: ppi claim dealer/finanice/underwriters

does anybody ever reply ?