PPI Reclaiming Discussion part 4

kermitsnephew

Hi all,
I've noticed that reclaims by HSBC customers seem fairly few and far between! I've put in a PPI questionnaire and have not received anything in writing (it's now 18 days since i posted it). So I messaged the bank via online banking and got a reply telling me that my issue was being dealt with and asking me to be patient. Frankly, they are expecting far more patience from me than I received from the when my finances were in free fall and they decided to milk me for some extra cash by implying the PPI was essential to get the loan! Anyhoo (rant over lol) anyone having any success with hsbc??
Thanks

di3004

kermitsnephew wrote: »

Hi all,
I've noticed that reclaims by HSBC customers seem fairly few and far between! I've put in a PPI questionnaire and have not received anything in writing (it's now 18 days since i posted it). So I messaged the bank via online banking and got a reply telling me that my issue was being dealt with and asking me to be patient. Frankly, they are expecting far more patience from me than I received from the when my finances were in free fall and they decided to milk me for some extra cash by implying the PPI was essential to get the loan! Anyhoo (rant over lol) anyone having any success with hsbc??
Thanks

Hi there
Wishing you luck on your reclaiming.;)

Yes that's a good point LOL.
Quite a lot on here to what I am aware of have made reclaims against this company.

Fingers crossed.:)

kermitsnephew

Thanks Di!

di3004

kermitsnephew wrote: »

Thanks Di!

Your welcome.;)

kenf2210

hi,ive not posted for a while but heres an update,im still waiting to hear back from fos about my hsbc loan which was sent oct last year 2010,fos sent me an update letter which says i could wait up to a year that was at least a month ago & hsbc also keep sending me letter after letter saying the same thing STILL INVESTIGATING,i thought they lost the judicial review court case but still they are stalling on paying out ??
im now in the process of leaving hsbc & ive opened another bank account,hsbc are crooks & wont give back what they have stolen from me im sick of it :mad:

amersall

If you owed them money they wouldnt wait !!!!!
Hang on in there,you may not wait too long.

di3004

kenf2210 wrote: »

hi,ive not posted for a while but heres an update,im still waiting to hear back from fos about my hsbc loan which was sent oct last year 2010,fos sent me an update letter which says i could wait up to a year that was at least a month ago & hsbc also keep sending me letter after letter saying the same thing STILL INVESTIGATING,i thought they lost the judicial review court case but still they are stalling on paying out ??
im now in the process of leaving hsbc & ive opened another bank account,hsbc are crooks & wont give back what they have stolen from me im sick of it :mad:

Email the CEO as well, he will not directly get back, but tell him your not happy with all this waiting since last year, he should then get his team to deal with matters more quickly for you, fingers crossed.
[EMAIL="managingdirectoruk@hsbc.com"]managingdirectoruk@hsbc.com[/EMAIL]

kenf2210

yes i know about that,i owed them £200 pound & they hounded me for 2 weeks non stop phone calls & eventually took from my account without my consent

Mandras_Man

My wife was "helpfully" sold a 5 year Personal Loan for £3,300 in May 2009 by Lloyds, to consolidate her debt with the bank - at 21.1%!

I would pay it back ASAP if I could afford to do that.

This is the only part of our creaking household finances my wife is in charge of, I am to blame for the rest of the mess.

It has recently come to light that she was told to get the loan she needed to take Lloyds insurance cover. Until I read this website I did not think that was miss selling - it was just their terms? They certainly never told her she could go elsewhere for cover.

In summary we are still paying the loan and insurance so can you claim even if the loan is not settled? Should we tell the bank to stop the cover immediately to help our case?

Any advice/views welcome???

Mandra's Man

amersall

Hi there, do not cancel the ppi, with this being a loan they will reset the loan, this could mean a longer term and higher APR !!.
Yes you can claim with the account still running.

Look here for reasons for mis sell
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step2

If any/all apply to you then get a claim in.