PPI Reclaiming Discussion part 4

DazzlerG

Afternoon all,

I've read a fair bit of the PPI discussion thread and today decided to phone Natwest with a claim on a loan that I took out 4 years ago. They have a direct number that you can complain about PPI mis-selling on, so I've told them that it was implied that taking out PPI would improve my chances of being accepted for the loan, the bank employee was very 'enthusiastic' (nay pushy) about my taking it out and that I feel on reflection that it was not appropriate for me (all true). They've said that they will investigate, but it will take 16 weeks before I hear anything.

Is there anything else that I should do and does their timescale sound right?

Thanks in advance.

cappo

smitchy73 wrote: »

Yeah I know, she had dollar signs(or pund signs) going round in here eyes, but we're being very strict on it, we're clearing debts, and maybe buy a large big mac meal, lol

ha ha i know what your saying!

Emma2588

Hi All

I'm still waiting for my offer letter that was sent out on Thursday (Lloyds) just need someone to confirm that I have done this the right way.

I want a new settlement figure with the remaining PPI taken off plus any interest associated. I have emailed customer services today for that to be arranged and When that has been done to have the rest of the loan paid off with my offer and what is left paid into my account where the repayments are taken from.

Is this the right way to do it???

Sorry just to add I know my figures are right because I got Niggly to calculate 8% the other week.

Well done to all winners today.

Thanks everyone (hope people are fully dressed now)

cappo

kelly993 wrote: »

Thank you Amersall and Cappo for your replies. It is turning into a full scale war with Egg at the moment but I am not going to give them another penny and I will be getting back to them as suggested!

It's all a game to them kelly they just hope that people get disillusioned and give up it's all part of the little game they've played since losing the j.r,i'm having the same with LTSB at the moment, i must have sent 20 emails to the ceo i've asked them for my credit card numbers so i can understandably put a claim in for misold as i was self employed when i took both of them out,the bank will not admit to me even having ppi when i knew i had it, i think the bank will pay all the smaller claims,the bigger claims are a different kettle of fish,be strong you will get this as understandably the banks don't want to pay the money back. perseverence is the name of the game here the ico and fsa will get them moving if they don't want to play ball

cappo

Emma2588 wrote: »

Hi All

I'm still waiting for my offer letter that was sent out on Thursday (Lloyds) just need someone to confirm that I have done this the right way.

I want a new settlement figure with the remaining PPI taken off plus any interest associated. I have emailed customer services today for that to be arranged and When that has been done to have the rest of the loan paid off with my offer and what is left paid into my account where the repayments are taken from.

Is this the right way to do it???

Sorry just to add I know my figures are right because I got Niggly to calculate 8% the other week.

Well done to all winners today.

Thanks everyone (hope people are fully dressed now)

we are all dressed again now as the police just tried to storm the building, we're talking to you on the computer scarpering out the door as we speak,that sounds fine (about the refund)

cappo

DazzlerG wrote: »

Afternoon all,

I've read a fair bit of the PPI discussion thread and today decided to phone Natwest with a claim on a loan that I took out 4 years ago. They have a direct number that you can complain about PPI mis-selling on, so I've told them that it was implied that taking out PPI would improve my chances of being accepted for the loan, the bank employee was very 'enthusiastic' (nay pushy) about my taking it out and that I feel on reflection that it was not appropriate for me (all true). They've said that they will investigate, but it will take 16 weeks before I hear anything.

Is there anything else that I should do and does their timescale sound right?

Thanks in advance.

sounds about right dazzler the banks are choc a bloc now,due to there own fault of not investigating claims whilst they waited for the results of the j.r, it's better to hang on at the mo unless you get a rejection then fos it.

cappo

litllou33 wrote: »

Hello - I'm a bit of a newbie - not sure where to post for advice on where to find the PPI agreement numbers? Does this mean I have to contact every single provider (am on to letter number 12 so far) and ask them? Or should I just put in the credit card number that I had?
Thank you

Hi just send off your complaint letters/fos questionaires with your account numbers of your cards on and the banks will find the information sorry for the delay in getting back to you.

Emma2588

cappo wrote: »

we are all dressed again now as the police just tried to storm the building, we're talking to you on the computer scarpering out the door as we speak,that sounds fine (about the refund)

Whoa, what kind of things are you up to for the police to get involved??:rotfl:

cappo

Emma2588 wrote: »

Whoa, what kind of things are you up to for the police to get involved??:rotfl:

now that would be telling

moneyangel22

moneyangel22 wrote: »

Hi,

Lloyds have admitted I have PPI on my 2 loans, but say they cannot make any decisions until they have located the original agreements with The Loans Team. Can someone tell me why they need to see the original agreements if they have already confirmed the figures for the PPI and my reasons for the mis-selling are straightforward? Incidentally I already provided them with a copy of all documents I had, which includes the agreement for one of them. Yes I did sign an acknowledgement of purchase but that does not show whether I understood, or if it had even been explained to me that the policy would not pay out in my circumstances!

can anyone advise me please?