PPI on first plus loan 15/12/2005

[Newyearnewme]

Hi, just found paperwork from a first plus loan from 15/12/2005, it was for £21,000 and had an extra £4385.30 added by loanmakers for ppi, loanmakers have ceased trading and this loan was later added to my mortgage, is there anything I can do to try to claim this back, many thanks

[amersall]

You need to contact the FSCS*https://www.fscs.org.uk/ÂÂ*they compensate when a company has gone bust, You can go to these because you took out the loan after 14 Jan 2005, had you taken the loan before this date you would have no recourse other than the underwriter, if you could actually find out who they were !. Single premium PPI is the reason for the mis sell of the PPI, this was in effect a loan on the loan to be repaid to term end with interest. Hope this helps

[Newyearnewme]

You need to contact the FSCS*https://www.fscs.org.uk/ÂÂ*they compensate when a company has gone bust, You can go to these because you took out the loan after 14 Jan 2005, had you taken the loan before this date you would have no recourse other than the underwriter, if you could actually find out who they were !. Single premium PPI is the reason for the mis sell of the PPI, this was in effect a loan on the loan to be repaid to term end with interest. Hope this helps

Thankyou so much, will sort through their pages and hopefully get a claim sorted, thanks again for the quick reply.

[amersall]

Have you an update?.

[Newyearnewme]

[QUOTE=amersall;n1390760]Have you an update?.[ hi, yes looked on site and it said when I put details in that they weren't registered at the time, I have filled out forms on Barclays website and they should reply in five days, I done this yesterday, Thankyou for asking, once Barclays get back, will let you know.

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[amersall]

You can claim from FSCS according to their online form, I don't understand how it said "they were not registered at the time". Loanmakers went into administration, Barclays will only direct you to them as Barclays did not sell you the PPI.https://claims.fscs.org.uk/PreScreen...f-47d80b3f545d
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[Newyearnewme]

You can claim from FSCS according to their online form, I don't understand how it said "they were not registered at the time". Loanmakers went into administration, Barclays will only direct you to them as Barclays did not sell you the PPI.https://claims.fscs.org.uk/PreScreen...f-47d80b3f545d
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Ok, thanks, will try the link again, thanks again, will update if I can get it to work.

[Newyearnewme]

Ok, thanks, will try the link again, thanks again, will update if I can get it to work.

great, your link worked, I think I was putting in first plus, thanks so much.

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[amersall]

You are welcome, let me know how you get on, fingers crossed.

[Newyearnewme]

You are welcome, let me know how you get on, fingers crossed.

Yes fingers crossed, most of application filled in just need to get Id documents then it can be fully started, thanks, wouldn't have know what to do without the sites help.

[Newyearnewme]

The fscs claim form also requires this info ---Â*
Â*Credit Agreement (if your PPI was linked to a loan)Â**
Delivery method:Â*Upload
Â*Policy DocumentÂ**
Delivery method:Â*Upload
Â*Proof of premium(s) paidÂ**
Delivery method:Â*Upload
Â*Proof the Firm gave you the adviceÂ*. Â* Â* Do I ask Barclays for subject access to get this info, I do have some details but not all that they ask for, thankyou

[Amethyst]

Yes a Subject Access Request should get you those details. Did you make a PPI complaint to Barclays as well as FSCS ? Thinking ig you're having to wait 40 days for the SAR response you could get a complaint in to Barclays just in case the misselling is attributable to them ( well firstplus ) rather than loanmakers - https://www.barclays.co.uk/important-information/ppi/

Sounds like LoanMakers went under to avoid having to refund PPI. ( https://www.mortgagestrategy.co.uk/i...utive-buys-it/ )

[Newyearnewme]

Yes a Subject Access Request should get you those details. Did you make a PPI complaint to Barclays as well as FSCS ? Thinking ig you're having to wait 40 days for the SAR response you could get a complaint in to Barclays just in case the misselling is attributable to them ( well firstplus ) rather than loanmakers - https://www.barclays.co.uk/important-information/ppi/

Sounds like LoanMakers went under to avoid having to refund PPI. ( https://www.mortgagestrategy.co.uk/i...utive-buys-it/ )

Thankyou, yes it's gone through Barclays online complaints, I have just rang and they are going to chase it quicker for me, whilst on the phone was told they held barclaycard details for me from 1997-2007 and they suggested subject access to see if I would want to try ppi on that also, .lady on phone said the SAR would cover everything I had had with Barclays, , yes she said upto 40 days so hoping Barclays can sort it, thanks
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