PPI Reclaiming Discussion part 4

RuthnJasper

marcusarelius wrote: »

re: rbs/lombard

Just wrote a letter back to them with a copy of the agreement showing the ppi and asking them to look into it - does anyone have any email address for Lombard/RBS please as i think i will send it buy post and email? Also should i give them a deadline to reply by as they have taken virtually 16 weeks to establish that they have no information on my ppi at all?

Sweets, you could send it by Recorded Delivery if you want to (merely getting a Certificate of Posting is not enough, as that doesn't constitute proof of receipt).

And yes - I WOULD give them a deadline. Helps to emphasise that you are not a pushover chancer. Something like "I look forward to hearing from you at your earliest convenience" or "I anticipate your response within two weeks of the date of this letter".

Best wishes to you. Hope you are successful. xx

eddie_would_go

Hi,

I wonder if someone can help me out here, there's a few things I don't understand with regard to reclaiming PPI.

I know in the past that I have had PPI on a loan and possibly a second loan. I also recall having PPI on a credit card with MBNA (initally it was a sony card with RBS but MBNA bought the accounts later) and I also remember having PPI on a store card (Burton). Both of these, as the years went on, I can to the conclusion myself that they were a waste on money so I cancelled the insurance myself.

Now, as I no longer have these loans or cards, the question I have is - the loans in question were with a bank that I no longer bank (First Direct) with and was probably more than six years ago (but I think it was within the last ten years) - as for the second loan, that may fall within 6 years. The store card and credit card I closed in the last year.

can I do anything about the PPI that i would have paid on these?

I most certainly won't have any paperwork for any of these accounts.

Is there anything I can do or is it a lost cause?

Finally - should any feel I have a case... where do I start!?

Thanks.

dilus

beamerguy wrote: »

MAKE YOUR WEEKEND BETTER

Clearly these disgusting banks are now knowingly using delaying tactics and referring people to the FOS. The time will come that the FOS will be unable to function.

THE LETTER
Below you will see a letter that YOU should send to Government, your local MP, the FSA, The media and anyone you can think of who will show interest. Email it or send by post, MAKE YOU VIEWS KNOWN before these banks clog up the FOS completely. That is their tactic, so far its working and it's UP TO YOU TO CHANGE THIS, WE WILL IF EVERYONE SENDS THIS LETTER ... THANKS


Dear Sir,

REF: BANKS AND PPI RE-PAYMENTS

May I draw your attention to this site
http://forums.moneysavingexpert.com/

Then locate
Reclaim Bank Charges, PPI & more where you will see, there have been 392,974 posts
Then locate Reclaim PPI & Other Insurance then ....
PPI Reclaiming Discussion part 4

There are over 1000 pages all relating to PPI and re-payments

Since the Court ruling earlier this year, whilst banks have little option but to repay to consumers, there is a very noticable trait/pattern happening with the way these banks are now handling complaints. There is a huge increase of consumers being told to contact the FOS with their claim/complaint.

I understand now that the FOS are receiving some 2500 complaints a week and resulting in a huge backlog which as the FOS say, could take over a year to clear.
This clearly is detremental to those in hardship who are desperate to receive monies back, stolen from them by the banks

It appears that whilst banks are paying out, it is not a bottomless pit for them and therefore they are now knowingly using delaying tactics and rejecting claims and referring to the FOS ?

I would even suggest that the banks are now running a cartel between them to use these stalling tactics.

The worst offenders in this "cat and mouse" game are
1: ROYAL BANK OF SCOTLAND
2: LLOYDS BANKING GROUP
3: CAPITAL ONE
The smaller institutions also play this game

These banks are fully aware that there is no other avenue for the consumer other than place their complaint with the FOS and they are using this service for their own means to delay payments even though they are aware that there is a huge rise of upheld complaints by the FOS. The more these banks can refer back to the FOS creating a backlog, the more time they have to pay back monies stolen in the first place.

You are of course aware that the banks have committed fraud on a major scale under The Fraud Act 2006 ?

A financial penalty should be applied to these banks if they have rejected a claim yet the FOS has upheld the same claim.
If the penalty was big enough, it would stop banks rejecting Adlib to suite their own purposes.

This method of trading should be outlawed by the authorities as it is not "in the interests of the consumer", It is certainly not in the interests of the FOS if they have such a backlog that could take over 12 months to clear. The banks wil ensure that the backlog grows and grows.

We are already seeing severe reaction to the banking industry with the protests,

It is indeed the responsibility of the Government and the Authorities such as the FSA to put an end to such mal practice the Banks are using against the consumer.

What are the authorities currently doing about this under the Fraud Act 2006

MAKE THIS WEEKEND THE TIME WHERE WE ALL HAVE ONE VOICE TOGETHER

Sent to my local MP DO IT FOLKS
Also sent to FSA

cappo

eddie_would_go wrote: »

Hi,

I wonder if someone can help me out here, there's a few things I don't understand with regard to reclaiming PPI.

I know in the past that I have had PPI on a loan and possibly a second loan. I also recall having PPI on a credit card with MBNA (initally it was a sony card with RBS but MBNA bought the accounts later) and I also remember having PPI on a store card (Burton). Both of these, as the years went on, I can to the conclusion myself that they were a waste on money so I cancelled the insurance myself.

Now, as I no longer have these loans or cards, the question I have is - the loans in question were with a bank that I no longer bank (First Direct) with and was probably more than six years ago (but I think it was within the last ten years) - as for the second loan, that may fall within 6 years. The store card and credit card I closed in the last year.

can I do anything about the PPI that i would have paid on these?

I most certainly won't have any paperwork for any of these accounts.

Is there anything I can do or is it a lost cause?

Finally - should any feel I have a case... where do I start!?

Thanks.

Hi eddie, yes you have a good chance of a reclaim here on these, paperwork isn't a problem as you can sar the bank for the info and as you know we're always here for you with advice and help, here are some links that you might find useful.




http://www.moneysavingexpert.com/reclaim/fight-back-fos#wrong


http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step3



https://forums.moneysavingexpert.com/discussion/1475553

dizzeeblondee

beamerguy wrote: »

Hi, yes same thing if it protects your payments. Amazing that RBS do not have the info when you have, beggars belief as to how these banks work

Happened to my brother. He put in a claim to Yorkshire bank on the same day as I did to the HX in May. They swore they had no details, so he forwarded a copy to them.....all for a loan hes had for a fair few years, which is due to finish in February!

They then conveniently lost it, and have now gone well over the 16 weeks, and pretty much the 8 weeks for coughing up, and they aren't even pulling the finger out to calculate yet.

beamerguy

dizzeeblondee wrote: »

Happened to my brother. He put in a claim to Yorkshire bank on the same day as I did to the HX in May. They swore they had no details, so he forwarded a copy to them.....all for a loan hes had for a fair few years, which is due to finish in February!

They then conveniently lost it, and have now gone well over the 16 weeks, and pretty much the 8 weeks for coughing up, and they aren't even pulling the finger out to calculate yet.

Ever thought that Yorkshire Bank are running out of money ???

dizzeeblondee

beamerguy wrote: »

Ever thought that Yorkshire Bank are running out of money ???

:rotfl:Of course I have!

eddie_would_go

cappo wrote: »

Hi eddie, yes you have a good chance of a reclaim here on these, paperwork isn't a problem as you can sar the bank for the info and as you know we're always here for you with advice and help, here are some links that you might find useful.

Hi Cappo,

Do you think it is worth me writing a SAR and sending to each of the finiacial instutions I feel I may have had PPI with?
One of them may be a problem as I don't have any record of the account number that existed during the course of my loan.

lisajaynec

cappo wrote: »

Hi guys the cap 1 claim is finally over, just received notification that axa are paying £1500.00 on a disability claim on the ppi, thanks Di this is all your doing as i was going to drop my fos claim, Di your a star, sweetheart.

Well done couldn't have happened to a nicer chap!
You deserve it
Lisa

lisajaynec

beamerguy wrote: »

Ever thought that Yorkshire Bank are running out of money ???

Hope they aren't i have 3 claims in with them!