PPI Reclaiming discussion Part III

dreamer33

di3004 wrote: »

dreamer, I am off for a quick shower in a min, but I will be back okay hunni.:A x

Okie dokie x

booi666

di3004 wrote: »

dreamer, I am off for a quick shower in a min, but I will be back okay hunni.:A x

Me too,

Gotta look pretty and do my hair:rotfl: :rotfl:

di3004

dreamer33 wrote: »

I think eveythings just hit me all at once :sad:

Its not surprising, as everything is happening all at once for you:eek: , I can really understand that hunni, but try to take a few deeps breaths, have a sweet tea, this helps, and a steamy hot lavendar bath works wonders for stress levels as well I believe, it does for me.;) :A

booi666

Rete peeps ,

Sorry to desert you but if i dont go now ill miss my slot in the que:wall:

di3004

Back soon dreamer.;) :A x

Boo if you not back or still here when I get back, then I know your gone for the night, if so have a good one......:D :A x

booi666

Good night all :A

booi666

di3004 wrote: »

Back soon dreamer.;) :A x

Boo if you not back or still here when I get back, then I know your gone for the night, if so have a good one......:D :A x

BOOM BOOM:rotfl:

sacbaby37

marshallka wrote: »

Hiya sarah, seems like the PPI was completely useless to you then. I would get the complaint in to them then if you have not sent a letter already.

Just take a look at the link here and see what you can add and delete from the template letter. Its always best to do your own from this. There are lots of reason on there for the misselling so pick out the ones that are applicable to yours.

You then write to the firm that actually made the sale of the PPI to you if this is different from the lender and don't forget to send this recorded delivery so you always a proof and dates etc.

After that you have to give them 8 weeks for a full and final response. In this time it is usual to get a response of "sorry we sold this to you fairly" but you then respond to this and reiterate your complaint again. The next time they write they either give you a final response which you would need in order to take this complaint to the FOS or offer to settle.

http://www.moneysavingexpert.com/rec...urance#reclaim


Good luck

Hi Marshallka thankyou again, i will get my second letters sent off to two of them and the FO on to the other one, hope u have a good evening and i will let you all know the outcome. xxxx:beer:

dreamer33

booi666 wrote: »

Good night all :A

Nite boo:wave:

marshallka

nutmeg wrote: »

sorry if i confused you yesterday Marshallka,
The first loan taken out in April 02 was the start of everthing.
cash loan 5000
total charge for credit 1,624.00
ins loan 1,062.51
charge for credit for ins 319.89
APR 11.4%
monthly int rate 0.0907%


Then i asked to top up my loan, bank told me i had to finish above loan first then they arranged this second loan
11/11/02
cash loan 6,100
total charge for credit 1,981.40
ins loan 1,296.27
charge for credit for ins 390.33
APR 11.4%
monthly int rate 0.907%


Asked to top up loan again, same thing, had to finish current loan
then they arranged third loan
8/4/04
cash loan 6,500
total charge for credit 1,824.40
ins loan 1,460.17
charge for credit for ins 410.03
APR 9.9
monthly int rate 0.793%
insurance cancelled in feb 06 (£19.75)

not aware of ever having a rebate
thanks in advance

Right, when you had the original first loan and then topped it up with the next loan you should have received a rebate against the insurance and this would depend on what you paid to settle the loans and exactly how much you received in CASH for the top ups. There is no way of telling from the figures here how much you would get back as I would need to know which settlement method was used (regs of 1983) or 2004 and also what the breakdown of the settlement figures were. ie what interest was rebated etc. I think it would be best to get a breakdown of all the settlements and then perhaps wait for the claim amount and maybe we can check them then.

I am sorry cannot be of more help but these are not so straight forward..