PPI Reclaiming Discussion part 4

-SDW-

pmsl @ govt is your cushion.... awesome :D

cclissold

beamerguy wrote: »

WHO KNOWS, the fact though is that huge claims are not substainable to any company.
The problem is this, they set aside all these £billions on calculations of what might happen. They have not taken into account the future and ongoing claims which could double or treble their estimates.

As word spreads, they are facing a daily input of new claims from those who were unaware they could claim. This will continue into the unforseen future.

HOWEVER, this is not a case of panic if you have an account with a UK bank, the government is your cushion.

Thanks. Its just a bit unsettling for all of us waiting for money when we have been upheld and not being able to get any timescales from the banks. However I have moved from the calculations queue on Tuesday to the Calculations department today. Was told this morning by halifax that I would receive a calc letter and information on how they were going to pay it in due course. I thought I would just receive a cheque or something. I wont hold my breath....

C.x

smitchy73

lisajaynec wrote: »

Just to let everyone know that because of this website and my results claiming PPI, i tried on miss selling my endowment and after being turned down twice and persevering today I have been offered just over 20k, so thanks to everyone, i will be 31k better off and thats just because I found this site with all these lovely people, thank you all your all your help, support and knowledge. :j
The best part is me and my other half still have 8 other claims pending and one lodged with FOS
Good luck everyone :beer: and thanks :j

Well done lisajayne, great news, was this an endowment policy sold alongside your mortgage.

beamerguy

cclissold wrote: »

Thanks. Its just a bit unsettling for all of us waiting for money when we have been upheld and not being able to get any timescales from the banks. However I have moved from the calculations queue on Tuesday to the Calculations department today. Was told this morning by halifax that I would receive a calc letter and information on how they were going to pay it in due course. I thought I would just receive a cheque or something. I wont hold my breath....

C.x

If you don't owe them money elsewhere on loans etc, you will get a cheque. If you owe them more than they are going to pay then, they have the right to offset the amount against what you owe

cclissold

beamerguy wrote: »

If you don't owe them money elsewhere on loans etc, you will get a cheque. If you owe them more than they are going to pay then, they have the right to offset the amount against what you owe

well the loan is paid off. it was actually through my husbands account although I had to have my name on it otherwise he wouldnt have got the loan. does this mean that because I have an overdraft on my account that they could offset some of the money to that account.

C.x

stephen_g_3

thanks beamerguy cant remember it was 11 years ago i would be surprised if they can produce the original paperwork we will see . a have rang the fos who are going to send me the foarms ext to me mbna where no problem paid up in 8 weeks same situation with barclays they start to riggle an so no

beamerguy

cclissold wrote: »

well the loan is paid off. it was actually through my husbands account although I had to have my name on it otherwise he wouldnt have got the loan. does this mean that because I have an overdraft on my account that they could offset some of the money to that account.

C.x

They can only offset to the same account so if the claim is not on your account you will get a cheque.
If it is your account, they may well try to reduce your OD, BUT .. they would go against the conditions applied your OD

cclissold

beamerguy wrote: »

They can only offset to the same account so if the claim is not on your account you will get a cheque.
If it is your account, they may well try to reduce your OD, BUT .. they would go against the conditions applied your OD

Cheers. Its not my account that we have claimed the ppi through. might rest easy for a while now.

Lets hope we get a cheque before xmas. apparently its not long now....... even the tv music channels have started playing xmas songs (thats the world according to teenager in the house)

C.x

parsnips

Has anyone got an alternative number for lloyds tsb or is the only one the 0845 number

beamerguy

cclissold wrote: »

Cheers. Its not my account that we have claimed the ppi through. might rest easy for a while now.

Lets hope we get a cheque before xmas. apparently its not long now....... even the tv music channels have started playing xmas songs (thats the world according to teenager in the house)

C.x

So, its on your hubby's account to which the loan has been repaid so they can only send a cheque.

YOUR JOB NOW:
On a daily basis contact them for the payment, if need be go to the CEO, THE MORE PRESSURE YOU APPLY, THE QUICKER YOUR CHEQUE WILL ARRIVE