PPI Reclaiming discussion Part III

marshallka

boo34 wrote: »

hi can any one give me advice please, i sent first letter to natwest on 1st november to reclaim ppi.on 3 loans for my othere half.the bank sent the letter to rbs as they are the ones the ppi was with,i ring them weekley to see how they are going with the claim,and for 2 weeks the lady has said at the present time iam still gathering information about the case,as soon as i get it i will write and let you no.do u think they are trying to fobb us of.they have 14 days to day to reply if not i shall contact the fos.also is there a calculater on here to work out the amount of ppi my oh has paid...... thank you.

They are just looking into it for you now and you have to give them 8 weeks to give you a full and final response to this complaint. Lets hope its good news.;)

marshallka

di3004 wrote: »

Hi folks

Just a quick hi, will come back and check here later....will be due for a quick break shortly.:D . So please bear with me.

Marshallka hope you and your family are feeling better today hun.;) :A xx

Still here Di but feeling rough...:eek:

marshallka

Dreamer06 wrote: »

I had 3 loans (1 secured,1 personal & 1 car finance) with WELCOME FINANCE a few years ago, do I need to write seperate letters for each loan or can I include all agreement numbers on one letter for ppi reclaim. (My printer is broken!)

I would write one off to them if they are all the same address.????? you need to make it understandable though that this is a complaint for these 3 seperate agreements.

marshallka

Dreamer06 wrote: »

No, but it was one of their customer service advisors that gave me the agreement numbers over the phone, after asking me some security checks!

If they have all the agreements at one place then one letter should be OK and it sounds like they do.

marshallka

Inespa wrote: »

Hello,
I'm new to the site and just wanted some advice really. In May 07 myself and my partner took an unsecured loan out with Halifax, they also gave us insurance for this. So the total for the loan and the insurance came to £21260.97 we then brought our house in Dec 07 so paid the loan of in full. During the time we had the loan we paid out £4222.88 on repayments and our settlement figure was £18157.42. After watching Martin's video i dont think we've got the money back for the insurance as we only took it out for 7 months not the 62 months... is this correct or am i getting it all wrong? Any help is much appreciated.

Are you saying that you were unfair rebated on this insurance or missold??

marshallka

smudge2002 wrote: »

This article has just appeared on BBC regarding PPI

http://news.bbc.co.uk/1/hi/business/7784054.stm

Thanks for the news here;)

marshallka

di3004 wrote: »

Emailed the adjudicator again as its 2 weeks now when he said he should hear from the business, but not heard anything yet....... , to me it does not look good yet it could be that the adjudicator are dealing with so many claims at the same time......:rolleyes:

I think that there may be problems with this one then and it may be that they are arguing the upholding of this. What do you think has happened Di???

marshallka

di3004 wrote: »

Wow thats cool Pinknico........:T wish mine would get back to me.....:rolleyes: lol:D .

Not too bad thanks hun lol (proffessor Di) pmsl :rotfl: :rotfl: :rotfl: , you ?:A xx

Have you tried writing to him DI??

Credit-Crunched

Just a quick question for the people who are here purely to fuel the re-claiming ppp fires.

In the current financial climate, would these people be so quick to cancel their policies if they were to need them, for arguments sake a redundancy. I know its hard to believe that a redundancy could happen in such stable economic conditions, but hey stranger things have happened.

Before you start advising cancelling policies, maybe take some time to see what existing cover they have in place, to see if there is an actual need for it.

I am NOT, i repeat not advocating forceful sales and underhand sales of insurance, i am merely pointing out that sometimes, they are necessary.

I would not be allowed to offer some of the inaccurate and mis-leading advice i read on this forum as i am so heavily regulated by the FSA.

My point is before you run head long into a PPP reclaim frenzy, take a step back, and see if it is actually a benefit to you.

Inespa

Are you saying that you were unfair rebated on this insurance or missold??

Well i've just spoken to my partner who said he's pretty sure that when we took the loan out we had no choice but to have the insurance or we couldn't have the loan, but also when we made the settlement i'm sure that included paying the whole amount for the insurance over the 62 month period and i just wondered whether some of this should have been refunded as we only had it for a few months. Sorry i'm not really clear as to how this whole insurance thing works. Also Halifax are now sending me a breakdown as to what our settlement covers so that should clear some things up.