PPI RECLAIM YES CAR Credit

[skyman114]

Hi All,

Having had some success with other PPI reclaims (Capital One CC) I am now embarking on tracking down YES CAR CREDIT.

Like most people that went to YCC we were in a finnacial mess, low income a failed business behind us and "YCC could help us rebuild our credit rating" !!!

We purchased our first car from them in 2002. and the second in 2005. How far back can we go with PPI Reclaims ?

Both were sold to us with PPI, GAP and warrenty as a pre reqesite of the sale to "be accepted".

I have prepared a (SAR) Subject Access Request Letter as I no longer have any paperwork relating to either transaction.

This i intend to send to:

Direct Auto Financial Services
PO BOX 1135
Bradford
BD1 9PU

I will post back the results and the steps I take until the matter is resolved.

S.

[miliitant]

Re: PPI RECLAIM YES CAR Credit

welcome to legal beagles

please keep your thread updated ebery step, does not matter how small you think the information is worthy.

it all helps future posters in their claim

you will get practicle advice from people who are ahead of you as well, and remember

KNOWLEDGE IS POWER

[skyman114]

Re: PPI RECLAIM YES CAR Credit

This is the template letter is sent:

Subject Access Request letter

xxxxxxxxxxxxxxxxx

xxxxxxxxxxxx

xxxxxxx

xxxxxx

22/11/12

Direct Auto Financial Services
PO BOX 1135
Bradford
BD1 9PU

To the company secretary

Re: xxxxxxxxxxx ( My Details)

xxxxxxxxx

xxxxxx ( MY ADDRESS)

xxxxxxxxxx

xxxxxx


I am writing to make a subject access request under the Data Protection Act 1998 for any personal information you hold about me.
Specifically relating to the purchase of the following motor vehicles:
Registration Index:
XXXXXXX

XXXXXXX


Please inform me, prior to processing this request, if you require a fee to be paid.

I will look forward to receiving this information within 40 days.If you have any queries or questions then please contact me on XXXXXXXX or via email at: XXXXXXXXXXXXX



Yours faithfully,


XXXXXXXXXXX

[miliitant]

Re: PPI RECLAIM YES CAR Credit

have you sent it yet

[skyman114]

Re: PPI RECLAIM YES CAR Credit

yes i sent it on 22/11/12
Is there a problem ? Have i missed something ?

[miliitant]

Re: PPI RECLAIM YES CAR Credit

no problem, they have now up to 40 days to respond, thats all

[skyman114]

Re: PPI RECLAIM YES CAR Credit

Well i`ll not hold my breath.

This i think will be the start of a long battle

[skyman114]

Re: PPI RECLAIM YES CAR Credit

25 days gone and nothing, seems like they will play for time

[skyman114]

Re: PPI RECLAIM YES CAR Credit

Now heres a strange thing.... i received a reply this morning >

Dear Mr Fraser ????

Thats not my name ?

So it will be interesting what information they provide me with once i dispatch my £10 to them !!!

[skyman114]

Re: PPI RECLAIM YES CAR Credit

Ok a little update...
Sent Today:>>

Direct Auto Financial Services
PO BOX 1135
Bradford
BD1 9PU
Vehicle Index xxxxxxx

Dear Sirs,

I bought the above Vehicle from you on 19/08/2002. This included PPI, I now wish to claim back my premiums plus interest. This policy was mis-sold, I contend, for the following reason/s.

• I was self-employed and could not have claimed fully on the policy without ceasing work – a more onerous condition than someone employed. I was not informed or warned of this.
.
• I told your staff about my medical history but I was not warned this would
invalidate part of the policy.

• Your staff stated or led me to believe that taking out a policy was a pre-condition of applying for a loan and would improve my credit rating.

• Your staff did not offer me a clear choice of the loan with and the loan without insurance.

I now contend that I was mis-sold this policy. I claim back all the premiums and interest I have paid in connection with this payment protection insurance policy plus statutory interest at 8% from the first payment that I made until the date of your settlement of this claim.
I would like a reply as soon as possible but, in any case, within the eight weeks allowed for responses to complaints by the Financial Services Authority.

Yours faithfully

Time to sit back and await the reply.

[garfster99]

PPI DAF

Ok a little update...
Sent Today:>>

Direct Auto Financial Services
PO BOX 1135
Bradford
BD1 9PU
Vehicle Index xxxxxxx

Dear Sirs,

I bought the above Vehicle from you on 19/08/2002. This included PPI, I now wish to claim back my premiums plus interest. This policy was mis-sold, I contend, for the following reason/s.

• I was self-employed and could not have claimed fully on the policy without ceasing work – a more onerous condition than someone employed. I was not informed or warned of this.
.
• I told your staff about my medical history but I was not warned this would
invalidate part of the policy.

• Your staff stated or led me to believe that taking out a policy was a pre-condition of applying for a loan and would improve my credit rating.

• Your staff did not offer me a clear choice of the loan with and the loan without insurance.

I now contend that I was mis-sold this policy. I claim back all the premiums and interest I have paid in connection with this payment protection insurance policy plus statutory interest at 8% from the first payment that I made until the date of your settlement of this claim.
I would like a reply as soon as possible but, in any case, within the eight weeks allowed for responses to complaints by the Financial Services Authority.

Yours faithfully

Time to sit back and await the reply.

Hi there,i have also sent a letter to yes/DAF at the adress in bradford,but have waited over 8 weeks and heard nothing,FOS said because it was late 2002 need to go after the insurance underwriter as this was prior to 2005 so i may not get anything back form DAF.

[skyman114]

Re: PPI RECLAIM YES CAR Credit

Time for an update.

Well i have dragged my heel a little on this one.
With Christmas finally out of the way i sent off my letter for the first car we had from yes car credit (we had two the second we declined the PPI)
they have responded in good time asking us to fill out the PPI Consumer questionnaire from the ombudsman's web site and return it within 28 Days.
i`ll keep you posted.

[skyman114]

Re: PPI RECLAIM YES CAR Credit

Today I received a reply from YES CAR.

see below.....

What should i do next ?

[di30]

Re: PPI RECLAIM YES CAR Credit

Write to the Manager/CEO (Chief Executive Officer) ask them to review by 14 days, and state to them that in your letter you note they have basically said you waited this long to raise the complaint, confirm that you have only recently become aware of the mis selling of these insurances, where you realised that you have a case with the reasons you sent the complaints dept.

I would also confirm that you assumed it all part of the package as you were pressurised into taking out the policy as if it was part of the complaint package and note you DO and DID have pre-med conditions at the time it was added to your finance, but as the policy was not thoroughly discussed by your adviser who applied these insurances.
I also believe it is now poor selling tactics to have been informed that having the insurance - to improve my credit rating!

I would also add, "if I did state that I recommended a friend" this does not mean it counted for the sale of the insurance, but the sale of what you purchased, and please provide me "concrete evidence" of what you hold on the sale of when the insurance was sold to you, as I believe that you must have this information on your systems to have come to this decision.

"The policy was worthless to me, and I now realise it was not sold to me in my best interest, as it was no gain for me but for the sales adviser who pressurised the products on to me for their own gain".

Ask to review by 14 days, and state that you have not had the opportunity with the complaints team to forward further information, so as a respectable business you believe will reconsider my complaint and take into account my further info I have provided to you.

Also request for details of the Underwriter/Insurer, as its possible the FOS will not be able to adjudicate this complaint if they were not then FSA regulated at the time you were sold the policy.
(That is standard what they add about the FOS), and its highly likely the underwriter/insurer will have been regulated, (as for dealing with the insurance before it was accepted for you).

We can then move on to the underwriter if the CEO does not get back by 14 days or overturn the decision in your favour.

Good luck x

[YCCemployee]

Re: PPI RECLAIM YES CAR Credit

I am an ex manager at the finance company. I am looking for clients of Yes Car Credit to launch a class action