PPI Reclaiming discussion Part III

jadest

marshallka wrote: »

The maximum levels of compensation are:

• Deposits: £50,000 per person (for claims against firms declared in default from 7 October 2008).
  
  100% of the first £50,000.*

• Investments: £48,000 per person.
  
  100% of the first £30,000 and 90% of the next £20,000.

• Home finance (e.g. mortgage) advice and arranging: £48,000 per person (for business conducted on or after 31 October 2004).
  
  100% of the first £30,000 and 90% of the next £20,000.

• Long-term insurance (e.g. pensions and life assurance): unlimited.
  
  100% of the first £2,000 plus 90% of the remainder of the claim.

• General insurance: unlimited.
  
  Compulsory insurance (e.g. third party motor): 100% of the claim. Non-compulsory insurance (e.g. home and general): 100% of the first £2,000 plus 90% of the remainder of the claim.

• General insurance advice and arranging: unlimited (for business conducted on or after 14 January 2005). 100% of the first £2,000 plus 90% of the remainder of the claim. Compulsory insurance is protected in full.

Thank you very much for information

marshallka

jadest wrote: »

Thank you very much for information

You're welcome. There is more information here...

http://www.fscs.org.uk/consumer/FAQs/

jadest

di3004 wrote: »

Hi there hun

sorry to hear of the company has gone into adminstration.

Myself and others here have applications being dealt with by the FSCS, mine is about a company called Twopart/Eloan and others are about Picture Finance, here is a link to the FSCS which will give you more information, as we are still waiting for investigations to complete we do not know any further really, but the link I add here should give you more of an idea.;)

http://www.fscs.org.uk/consumer/

They should have someone like the administrators/liquidators who take charge of this as well, just maybe, I will check on companies house tomorrow as the the site does not allow a search on Sundays.x

Cheers and good luck.

Di
x

How long has your claim been with FSCS?
Do you know appromately how long it take for there investigations to take place?

showergirl

Have just spoken to Mr Glynn Rixom my case officer at Tesco PF. He has received my second letter and will be going through my case soon, but would not give me a timescale as he has to still look at cases older than mine. They are realy dragging their feet over this. Will be contacting the FSA this morning.

Hope everyone is well. Haven't been able to look at posts over the weekend due to work commitments. Marshallka is your eye any better, Di how is the job situation coming on. hope you hear some good news soon. Dreamer how is your step dad

dreamer33

showergirl wrote: »

Have just spoken to Mr Glynn Rixom my case officer at Tesco PF. He has received my second letter and will be going through my case soon, but would not give me a timescale as he has to still look at cases older than mine. They are realy dragging their feet over this. Will be contacting the FSA this morning.

Yes these companies like to drag their feet when they have to pay out, however if the shoe was on the other foot they would sharp be after you if you owed them money.

It's so frustrating having to wait for these slow companies.:mad:

I have contacted the FSA in the past and although they have their rules and regs they did'nt really help me not even when I quoted Treating Customers Fairly. Good Luck I hope you get somewhere with this one

I have also heard that line about "dealing with cases older than yours" from Freedom. At the end of the day they have to respond within a certain time.

dreamer33

Hi Marshallka

How are you feeling today. I've sent you a message about my OH

pinknico

Showergirl, I had my complaint with Mint which was also Royal Bank of Scotland and was investigated by the PPI team in Manchester.
I kept getting told "we have older cases than yours" for about 4 weeks after the initial 8 weeks, obviously what they are told to say!
I sent the complaint forms to the FOS but next day got a reply!

So dont give up though I know it is very frustrating, it was for me.

dreamer33

pinknico wrote: »

Showergirl, I had my complaint with Mint which was also Royal Bank of Scotland and was investigated by the PPI team in Manchester.
I kept getting told "we have older cases than yours" for about 4 weeks after the initial 8 weeks, obviously what they are told to say!
I sent the complaint forms to the FOS but next day got a reply!

So dont give up though I know it is very frustrating, it was for me.

Hi pinknico

How are you?

showergirl

pinknico wrote: »

Showergirl, I had my complaint with Mint which was also Royal Bank of Scotland and was investigated by the PPI team in Manchester.
I kept getting told "we have older cases than yours" for about 4 weeks after the initial 8 weeks, obviously what they are told to say!
I sent the complaint forms to the FOS but next day got a reply!

So dont give up though I know it is very frustrating, it was for me.

Did you get your money back. I am expecting a letter stating "you signed for it so tough"

marshallka

showergirl wrote: »

Have just spoken to Mr Glynn Rixom my case officer at Tesco PF. He has received my second letter and will be going through my case soon, but would not give me a timescale as he has to still look at cases older than mine. They are realy dragging their feet over this. Will be contacting the FSA this morning.

Hope everyone is well. Haven't been able to look at posts over the weekend due to work commitments. Marshallka is your eye any better, Di how is the job situation coming on. hope you hear some good news soon. Dreamer how is your step dad

Hiya showergirl, that is so bad of Tesco. I really think the FSA should do something now with them as they are not responding to anyones complaints within the given time. What are these rules made for if not for following by all companies??

Let us know what the FSA are saying about it. I bet they will just say "your comments have been noted".:rolleyes:

My eye is nearly cleared up now thanks, just a small amount of blood that seems to have taken up residence. :eek: It will go, they always do.