PPI Reclaiming Discussion part 4

samshugaa

thanks moneysavingexpert, best site online

after complaing to egg re my missold ppi i recieved a reply on 18 December 2010 which cut down stated that they will wait to see what the out come of the judicial review is to see how much they will refund me...

do i just wait?, do i take it to the FOS? or send them another letter?

"having carried out a review of your complaint regarding egg loan payment protection insurance (ppi), i am able to confirm that your complaint has been upheld. However, you may be aware that on 8 oct 2010 the British Bankers association commenced .... uncertanty as to the rules applicable to how we should calculate any refund in relation to your complaint..."

Thanks

amersall

samshugaa wrote: »

thanks moneysavingexpert, best site online

after complaing to egg re my missold ppi i recieved a reply on 18 December 2010 which cut down stated that they will wait to see what the out come of the judicial review is to see how much they will refund me...

do i just wait?, do i take it to the FOS? or send them another letter?

"having carried out a review of your complaint regarding egg loan payment protection insurance (ppi), i am able to confirm that your complaint has been upheld. However, you may be aware that on 8 oct 2010 the British Bankers association commenced .... uncertanty as to the rules applicable to how we should calculate any refund in relation to your complaint..."

Thanks

Hi there and well done on your win. Send your complaint to fos and they will deal with it, put copies in of your upheld letter and the letter stating they are waiting for the jr to finish.

samshugaa

amersall wrote: »

Hi there and well done on your win. Send your complaint to fos and they will deal with it, put copies in of your upheld letter and the letter stating they are waiting for the jr to finish.

Hi, thanks for that, will send it to them shortly.
Regards

Footiemad_2

samshugaa wrote: »

thanks moneysavingexpert, best site online

after complaing to egg re my missold ppi i recieved a reply on 18 December 2010 which cut down stated that they will wait to see what the out come of the judicial review is to see how much they will refund me...

do i just wait?, do i take it to the FOS? or send them another letter?

"having carried out a review of your complaint regarding egg loan payment protection insurance (ppi), i am able to confirm that your complaint has been upheld. However, you may be aware that on 8 oct 2010 the British Bankers association commenced .... uncertanty as to the rules applicable to how we should calculate any refund in relation to your complaint..."

Thanks

Well done on your claim..fingers crossed its a nice tidy some. Whatever it is, it will be better back in your pocket.:T:T

citibird27

Your advice is fab, thanks! Do you think I need to get the paperwork first? These cards were taken out ages ago, and I don't have the original paperwork..goes back to 2001, I think...Am just concerened about time dragging on....

di3004

citibird27 wrote: »

Your advice is fab, thanks! Do you think I need to get the paperwork first? These cards were taken out ages ago, and I don't have the original paperwork..goes back to 2001, I think...Am just concerened about time dragging on....

Hiya

If you still have the account numbers, then that will do for a start, but to request for paperwork, there is a SAR letter template below, which may be of some help, but you have to enclose £10 cheque or postal order, they have 40 calendar days to comply.
https://forums.moneysavingexpert.com/discussion/1475553

If the account is still active, maybe you could just request for the copy of the agreement by writing a simple letter, ask them to send you a copy of the Agreement by 12 days of your letter, and enclose a £1 cheque or postal order.

But that is up to you of course, you can still make a reclaim without the paperwork at this time.;)

citibird27

Hi There,

Will go for it!! I'll just use the account numbers, save some time! Just one more question....( sorry..:o...sure I should know all of this) is there a liklihood that the banks will get shirty and try and close the account and demand the balance cleared..?( That might be today's stupid question..)

Cheers and thanks again...!

di3004

citibird27 wrote: »

Hi There,

Will go for it!! I'll just use the account numbers, save some time! Just one more question....( sorry..:o...sure I should know all of this) is there a liklihood that the banks will get shirty and try and close the account and demand the balance cleared..?( That might be today's stupid question..)

Cheers and thanks again...!

Hi and your welcome.:)

Banks have a lending code to follow to treat customers fairly, and should not threaten to close down your account, you have the right to reclaim what is rightfully been mis sold to you.

Any problems, I believe you would have to contact the Office of Fair Trading and/or FSA, but this should not be a problem.;)

No its not a silly question, I remember being anxious about this lol, so no worries.:A

jenster2009

Hello

I have received a refund offer from Nationwide. After about 5 letters, a recording of the phone call agreeing PPI, I found a few points to prove it was missold.

Super news I have been offered a full refund.... but the wording is a bit werid.... I have to sign an acceptance of offer...

" I am wrtiting to you confirm my acceptance of your offer to refund the PPI premuiums applied to my account. In addition, I understand interest will be calculated on each of these preiums based on the monthly interest rate applied to my credit card over the period. This interest figure will be calcutated upon receipt of my signedd acceptance, and paid for a max period of 28 days from the date of this letter and is in addition to the refund of the PPI premiums."

also in the letter to my they state that the calulations have been conducted in line with FOS guildines.

this is there 2nd offer, the first was 1 year of refunds.

What do you think??

Thanks for your help, Jeni

Sorry for spelling, keyboard and brain, are very worn out!!!!

nomnom_2

hi there iv got a new query my partner was missold a ppi for an alliance and leicester loan because he was self employed.
we had a letter last year out of the blue i hadnt contacted the bank or anyone! they offered us a nice sum:j but the letter said this was the only amount offered and if we didnt accept it we would get nothing :(we did accept but after reading other peoples fun:mad: i wondered if we did the right thing and would we have any comeback?
cheers
nom nom