PPI Reclaiming Discussion part 4

di3004

Joelliott74 wrote: »

Hi,
Can anyone help me...
We recently made a claim from Halifax for PPI which tookthem several weeks to respond. Eventually they sent us a letter stating that they were going to repay all of our PPI, and that we would have to sign the document to agree to the way they were going to calculate it. We sent this off at the beginning of September and having chased them on Monday, (6 weeks later).... the lady from Halifax said that they still hadnt calculated the amount payable, then went on to say that there was a backlog, and no timescale could be given for when it would be settled. She also stated that in fact that there may not be any money to pay to us!!!
Has this happened to anyone else, and does anyone have any advice on how I can move forward with this.

Many Thanks Jo

Well done on your success!:beer:

Unfortunately, yes there is a backlog, but contact them often, and also contact the CEO of your concerns as well, because you have received a letter weeks back and was told your complaint's upheld and also mention what you were told about them may not having any money left.
Keep at them, good luck.

di3004

owenalana wrote: »

can anyone advise please, i made a claim for ppi to clydesdale bank in glasgow by letter on june this year,since then i have received 4 letters back with the exact same response saying that they are looking into my claim and will be back in touch within 4 weeks and an apology for the time it is taking and that if i wasnt satisfied i could go to the financial ombudsman with my complaint

Hi there
This is standard and because of the backlogs, but do contact them direct and ask for a timescale of when its possible you will hear.
Please be aware the FOS also have backlogs and can take some time, so hopefully you will receive your decision soon, and with a bit of luck in your favour, good luck.;)

di3004

Shypaynd wrote: »

:money: well thanks to Martin I contacted lloyds tsb ref a personal loan we took out 21 years ago I had no agreement number loan was for £2500 we were young needed a car were advised we can have loan if we took out ppi ... I wrote to the bank an have just had £1900 back orig premium and 21 years interest at 8%....martin we love you:)

Excellent!:T Congratulations!:beer:

di3004

juddy_4 wrote: »

Hi Thanks for the reply. Yes have just sent them a letter asking them to reconsider and giving them 14 days.
The frustrating thing is that i have paperwork that backs up the insurance was mis-sold and i sent them a copy of this with the original claim!!!

Hi

Wishing you luck on your reclaiming.
I'm sure it will be ok.;)

paulmcn

I have had an offer from Ulster Bank ( part of RBS) on my PPi claim and would be grateful i if anyone can advise if it seems correct

offer

refund of premium paid between 15/07/2002 to 15/09/2011 - £1384.23

*compund interest on premiums, based upon interest rate charged on card - £1025.49

refund of erroneous overlimit fee paid between 15/07/2002 to 15/09/2011 -£232.00

*compund interest on erroneous fees, based upon interst rate chagred on credit card - £3.49

total refund due - £2645.21

gross interest at FOS rate has - £180.45

less tax at 20 % - £36.09

net interest = £144.36

as complaint took more than 8 weeks to resolve, interest at 8% simple on gross offer amount - £28.99

less tax ar 20% - £5.80

net interest -£23.19

total offer = £2812.76


I would also like to thank all those who advise me to proceed with the application in the first place.


Paul

Channers

Greetings and Salutations,

Another update for one and all!

Have just received an email from my MP who is very happy to take on my case and raise a bit of hell with RBS, in terms of the delay to payments in the cases of accepting an offer.

Can I urge everyone to do this? Email, text, carrier pigeon, telegram to your MP’s. The same way we are rallied for their causes when it’s time for elections, is the same way that we need to utilise them for our causes when need be.

To quote a great film, “Government should fear the people, not the people should fear the government”

bex2980

After sending a letter of complaint to HSBC they have sent me a questionnaire and told me i need to fill it in. Do i need to do this as they have all my information surly!!

beamerguy

Channers wrote: »

Greetings and Salutations,

Another update for one and all!

Have just received an email from my MP who is very happy to take on my case and raise a bit of hell with RBS, in terms of the delay to payments in the cases of accepting an offer.

Can I urge everyone to do this? Email, text, carrier pigeon, telegram to your MP’s. The same way we are rallied for their causes when it’s time for elections, is the same way that we need to utilise them for our causes when need be.

To quote a great film, “Government should fear the people, not the people should fear the government”

Sounds good and YES everyone should lobby their MP, thats what they are for to help those who voted them in

di3004

paulmcn wrote: »

I have had an offer from Ulster Bank ( part of RBS) on my PPi claim and would be grateful i if anyone can advise if it seems correct

offer

refund of premium paid between 15/07/2002 to 15/09/2011 - £1384.23

*compund interest on premiums, based upon interest rate charged on card - £1025.49

refund of erroneous overlimit fee paid between 15/07/2002 to 15/09/2011 -£232.00

*compund interest on erroneous fees, based upon interst rate chagred on credit card - £3.49

total refund due - £2645.21

gross interest at FOS rate has - £180.45

less tax at 20 % - £36.09

net interest = £144.36

as complaint took more than 8 weeks to resolve, interest at 8% simple on gross offer amount - £28.99

less tax ar 20% - £5.80

net interest -£23.19

total offer = £2812.76


I would also like to thank all those who advise me to proceed with the application in the first place.


Paul

Well done Paul!:T:j Congratulations!:beer:

di3004

Channers wrote: »

Greetings and Salutations,

Another update for one and all!

Have just received an email from my MP who is very happy to take on my case and raise a bit of hell with RBS, in terms of the delay to payments in the cases of accepting an offer.

Can I urge everyone to do this? Email, text, carrier pigeon, telegram to your MP’s. The same way we are rallied for their causes when it’s time for elections, is the same way that we need to utilise them for our causes when need be.

To quote a great film, “Government should fear the people, not the people should fear the government”

Hiya

Thank you for posting this, and this I'm sure will be a help to everyone, cheers for that and good luck.:T;)