PPI Reclaiming discussion Part III

maxdp

masmit wrote: »

afternoon all,
phoned FOS passed on to FLA spoke to them asked what they do, they said post all letters i send to them to the finance company, i said no mediation between the complaint, no we dont get involved, what's the point then. i asked if you have a code of practice & your members are not adhering to it you say they will be expelled from the association. if there letting these company's answer to themselves, they are not a governing body implementing codes of practice, what a sham.
phoned OFT explained this to them & asked how is it fair.
told to call FSA called explained, was told i needed to speek to insurance team, no answer have to call back.
what a nightmare its no wonder so many people were ripped off.
will let you no answer of insurance team at FSA, i think my only option is court. totally let down by a system again in this country. DEPRESSED

Hi Masmit.

Sorry you having so many problems. Do not give up there is more that 1 way to skin a cat. I am sure Marshallka or Di will explain your next action. I have not caught up with your prior postings.;)

maxdp

magnum wrote: »

Hi ,
After 3 letters to them I have just received a letter this morning from Lloyds TSB saying they are refunding my credit card PPI !!
They say they are calculating how much and will be in touch in due course.
Many many thanks to di3004 and Marshallka for their advice and to everybody else, good luck and dont give up.
All the best

Oh Well done Magnum. Post the figures up on here when you get them so that somebody (Marshallka:rotfl:) can check them for you to make sure they are not refunding as a "good will gesture":D

marshallka

masmit wrote: »

afternoon all,
phoned FOS passed on to FLA spoke to them asked what they do, they said post all letters i send to them to the finance company, i said no mediation between the complaint, no we dont get involved, what's the point then. i asked if you have a code of practice & your members are not adhering to it you say they will be expelled from the association. if there letting these company's answer to themselves, they are not a governing body implementing codes of practice, what a sham.
phoned OFT explained this to them & asked how is it fair.
told to call FSA called explained, was told i needed to speek to insurance team, no answer have to call back.
what a nightmare its no wonder so many people were ripped off.
will let you no answer of insurance team at FSA, i think my only option is court. totally let down by a system again in this country. DEPRESSED

masmit, I really feel for you on this... The FLA is a sham of a company and displaying the FLA on any finance company is totally meaningless as they do NOTHING:mad: :mad: .

I don't know what to say to you here.. Is this worth going the court route to you. I know plenty on here that have and won.. ..

Don't be depressed... we can try to help you here..

marshallka

magnum wrote: »

Hi ,
After 3 letters to them I have just received a letter this morning from Lloyds TSB saying they are refunding my credit card PPI !!
They say they are calculating how much and will be in touch in due course.
Many many thanks to di3004 and Marshallka for their advice and to everybody else, good luck and dont give up.
All the best

Well done there magnum, hope they pay up in time for christmas, this should give some hope to Di too as she is also pursuing these through the FOS at the moment..:beer: :j :beer: :j

marshallka

maxdp wrote: »

Oh Well done Magnum. Post the figures up on here when you get them so that somebody (Marshallka:rotfl:) can check them for you to make sure they are not refunding as a "good will gesture":D

I am being refunded by goodwill but its the same as if we never had the PPI I think or so I was told by my adjudicator...;) . Time will tell and I will be posting up my figures for myself to go through...lol

marshallka

masmit wrote: »

afternoon all,
phoned FOS passed on to FLA spoke to them asked what they do, they said post all letters i send to them to the finance company, i said no mediation between the complaint, no we dont get involved, what's the point then. i asked if you have a code of practice & your members are not adhering to it you say they will be expelled from the association. if there letting these company's answer to themselves, they are not a governing body implementing codes of practice, what a sham.
phoned OFT explained this to them & asked how is it fair.
told to call FSA called explained, was told i needed to speek to insurance team, no answer have to call back.
what a nightmare its no wonder so many people were ripped off.
will let you no answer of insurance team at FSA, i think my only option is court. totally let down by a system again in this country. DEPRESSED

masmit, when was your actual Loan as you have quoted that Black Horse did not become regulated before 2007 in two posts and I know that they would have had to be regulated in January, 2005 as ALL sales of insurance became regulated then..???

maxdp

marshallka wrote: »

I am being refunded by goodwill but its the same as if we never had the PPI I think or so I was told by my adjudicator...;) . Time will tell and I will be posting up my figures for myself to go through...lol

Tee Hee. Hope you both agree:rotfl::rotfl::rotfl:

masmit

marshallka wrote: »

masmit, when was your actual Loan as you have quoted that Black Horse did not become regulated before 2007 in two posts and I know that they would have had to be regulated in January, 2005 as ALL sales of insurance became regulated then..???

hi marsha
28/9/05 to when loan started i explained this to FOS & they mentioned 2007 & contact FLA. seems to me its out off hand & nobody wants to help if they can get away with it,
thankyou for your help

ziggy80

Hi
I left a post on here a couple of weeks ago regarding my Natwest Loan. I have received a letter today confirming they have cancelled my PPI and they have credited two payments to my loan account totalling nearly £5000. I am very suprised that they have acted so quickly. They have said they are sorry to hear about my concerns regarding the way the PPI was sold and that they take the issue very seriously. They have said they have passed my letter to their PPI complaints team.

I am really pleased to have got this far so quickly and will let you know when I hear more.

Thanks again Di3004

robbiewilliams

Have been on phone today chasing Black Horse who confirmed agreement no and a total PPI cost of £2364. This loan was repaid in 2003. What is my next step please? What would be the interest payable to me on this figure? Still waiting on info from Welcome - could be a long wait!