Practically Classics Forum

ive been listening to the rucus over this insurance with growing anger, 1997 i bought a car with a loan from lloyds who sold me their insurance knowing fully that i was self employed.. i find out that had a problem arisen they would not pay out as im self employed... this is fraud someone should go to jail.. its a good thing you cant hear me as the air is blue

Don't get mad,get even and put a claim in! The banks have set aside millions for this as they fully expect a flood of claims ,and quite rightly so,if you were self-employed you were miss-sold the cover. I have just written a letter to Barclaycard as a similar thing has happened to me.

They've set aside four billion pounds according to Radio 4!

Martin Lewis, of moneysavingexpert.com, stated (several times) on BBC Watchdog Thursday past that the amount was six billion, I don't know how many zeros that is but it's a few.

Thing is, how does this come about? The exclusions are always visible but he reckoned that many credit providers actually started the insurance without the cardholder's permission, it's that which I think is wrong. That and someone called British Gas signing people up erroneously and at random for a gas supply, then billing for same when in fact gas doesn't come to their home and they have LPG tanks. I let them take that one to court and oh what fun it was!

Lewis also said that the Financial Services Ombudsman service was severely log-jammed and that they'd be taking quite a few years to clear, but that people should use the online pro-forma claim forms and do it for themselves which was working in most cases, apart from GE Money-related claims.

im not sure if i could claim as i took out the loan in 97? its been paid off & ive left the country, ive still got the account etc but finding any paperwork would be difficult to say the least.. im over in september so ill go & play hell then..

Don't need to,write to them and ask them for the information,they have to actively find and compensate anyone who has the right to claim.

ok ill give it a go!