PPI Reclaiming Discussion part 4

paid_too_much

beamerguy wrote: »

I understand that MBNA are giving new delay tactics now, they say the cheque has been sent and give a date ?
There must be loads of cheques from MBNA floating around the Royal Mail ????

"The cheque's in the post"

:rotfl::rotfl::rotfl:

oh please don't say that! My friend got hers after claiming on my advice in 4 days:D

My offer letter is dated 2/11/11, I've just phoned them and they said it hasn't been raised yet! Do you reckon it's worth an email to that doherty fellow claiming extreme hardship and can he bacs it to me himself:rotfl:

Disgustified

ladyofthewoods wrote: »

I'm new to the forums for forgive me for breaking into a discussion. I just wondered if a limited company which was sold ppi when taking out a loan, could reclaim?

Making a claim is essentially about whether the policy sold was suitable to the needs of the person it was sold to. If it protects you against sickness and you already have protection than it is not suitable similarly if you are a housewife you can't lose your job so employment cover is worthless.

If the policy was sold to a Limited Company there is a good chance it was unsuitable because a company can not get sick and won't be made redundant. Accident cover for an entity that is not subject to the usual trips and falls of a human is probably pretty useless too.

Also some people experienced misleading sales tactics such as an advisor suggesting the purchase of cover enhanced the likelihood of the loan being agreed.

My suggestion is that you look carefully at the policy and what cover it provided, if the cover does not suit the circumstances of your company ask the question of the firm that sold the cover.

If you don't ask you wont get.

rolowinch

Hi, I've been a member of this site for about 4 years, i don't post very often but i am an avid reader of the forums, in particular the PPI thread. I took the plunge and sent off a questionairre to GE Money for a policy whichi believe we were missold as my husband and i were told it was compulsory in order to be accepted for the loan andwe both receive sickness benefits etc in our place of work. I receieved a letter to say that they were looking at our complaint and would respond by 23rd October, this came and went so i rang them and was advised that they has sent a letter stating they needed an extra 4 weeks. (The letter never arrived) I decided to ring them today for an update and was told that a final response letter had been sent out on 9th november (again we haven't received anything). I asked what a final repsonse letter was and what the content of the letter was but was told that they couldn't tell me and that they would send another letter. My question is
1. What is a final repsonse letter please?
2. Can i ring them back and ask to be told what is in the letter or do you think i will get the brush off?

Any thoughts would be greatly appreciated.

cappo

rolowinch wrote: »

Hi, I've been a member of this site for about 4 years, i don't post very often but i am an avid reader of the forums, in particular the PPI thread. I took the plunge and sent off a questionairre to GE Money for a policy whichi believe we were missold as my husband and i were told it was compulsory in order to be accepted for the loan andwe both receive sickness benefits etc in our place of work. I receieved a letter to say that they were looking at our complaint and would respond by 23rd October, this came and went so i rang them and was advised that they has sent a letter stating they needed an extra 4 weeks. (The letter never arrived) I decided to ring them today for an update and was told that a final response letter had been sent out on 9th november (again we haven't received anything). I asked what a final repsonse letter was and what the content of the letter was but was told that they couldn't tell me and that they would send another letter. My question is
1. What is a final repsonse letter please?
2. Can i ring them back and ask to be told what is in the letter or do you think i will get the brush off?

Any thoughts would be greatly appreciated.

Hi rolo a final response letter basically is the banks final say on whether they feel you have a case or not and if your claim is rejected it should tell you about your right to go to an ombudsman within 6 months of there final response, as to point 2 you can ask them again, some will tell you some won't, good luck with this. steve

rolowinch

Thanks Steve, I will post on here when i eventually find out what the letter says. I've got my fingers crossed as I genuinely believe it was missold as we wouldn't be able to claim against it, it was added as a lump sum at the beginning of the loan and it was £5,000!!!! against a loan of £18,000, we were also told we wouldn't be accepted for the loan without it.

Thanks again
Fiona

kenskyblueuk

Has any one got the email for the CEO of the Halifax so I can contact him as my 12 weeks is up on the 23rd ty

cappo

rolowinch wrote: »

Thanks Steve, I will post on here when i eventually find out what the letter says. I've got my fingers crossed as I genuinely believe it was missold as we wouldn't be able to claim against it, it was added as a lump sum at the beginning of the loan and it was £5,000!!!! against a loan of £18,000, we were also told we wouldn't be accepted for the loan without it.

Thanks again
Fiona

Hi Fee doesn't sound as if you'll have any trouble, telling you, you needed it to secure the loan was a big no no and the fsa and the fos frown on these front loaded policies, i deffo think you'll have an uphold there.:T:T

kaththomas

hi does anyone have an email address for British credit trust?


kath x

sarahlous82

i put in to reclaim my PPI from all my loans i had with Barclays. After many weeks i recieved a phone call in September advising that my claim will be upheld and that i was entitled to just over £2,000.
As i was currently still paying my loan they advised this would be paid off and any monies over the amount i would be owed. i was advised to continue paying my monthly payments and this would all be settled and paid back) ( im owed from July onwards!!!)
i rang Barclays middle of October for an update on this reclaim as i had not heard a thing! i was advised that Barclays have 40 working days to pay out from time of settlement figure.
This would of taken me to the 8th november, and guess what still no payment!!!!
There customer service is shocking , i was cut off a number of times and constantly put through to the wrong department! Im currently on Day 2 of waiting for someone to call me back!
The longer they are leaving this the more money they are owing me!!!

Any one else having these issues with Barclays or is it just me??? :mad:

cappo

sarahlous82 wrote: »

i put in to reclaim my PPI from all my loans i had with Barclays. After many weeks i recieved a phone call in September advising that my claim will be upheld and that i was entitled to just over £2,000.
As i was currently still paying my loan they advised this would be paid off and any monies over the amount i would be owed. i was advised to continue paying my monthly payments and this would all be settled and paid back) ( im owed from July onwards!!!)
i rang Barclays middle of October for an update on this reclaim as i had not heard a thing! i was advised that Barclays have 40 working days to pay out from time of settlement figure.
This would of taken me to the 8th november, and guess what still no payment!!!!
There customer service is shocking , i was cut off a number of times and constantly put through to the wrong department! Im currently on Day 2 of waiting for someone to call me back!
The longer they are leaving this the more money they are owing me!!!

Any one else having these issues with Barclays or is it just me??? :mad:

Hi sarah there not the quickest are they? i had a goodwill "uphold" through the fos after barclays told me to get stuffed back in january, i received the change of heart letter 4 weeks ago from the fos, i haven't even heard from barclays yet with calculations i will be contacting there ceo tommorow, i think they've had enough time.