PPI Reclaiming Discussion part 4

tiggrae

di3004 wrote: »

Blimey they are all going down one by one.....

So it will be with the FSCS now then I take it, which can take forever

the FSCS have not even heard that Magic are in liquidation so won't take any claims yet !!! I've one client who just had her claim settled - just had to ring to say the monies been snatched away again !!!

di3004

tiggrae wrote: »

the FSCS have not even heard that Magic are in liquidation so won't take any claims yet !!! I've one client who just had her claim settled - just had to ring to say the monies been snatched away again !!!

oh dear.......:eek: and I know it can take some time before they move on to the FSCS.

I have sent you a pm anyway.:D

WhyDoILikeYou

I have just been to my bank and tried to do this but all barclays did was tell me they would stop the ppi i had a refund due and it would come off my total loan amount. Have i had a refund for what i paid or just cancelled my policy

di3004

WhyDoILikeYou wrote: »

I have just been to my bank and tried to do this but all barclays did was tell me they would stop the ppi i had a refund due and it would come off my total loan amount. Have i had a refund for what i paid or just cancelled my policy

Hi there

Its possible just due to you cancelling this.
When did you take this loan out hun, what year? So we know how long you have been paying this out for.

If a few years, then they should be refunding you all you have paid plus interest etc.
You could ask them to provide you with a breakdown of calculations and see what is what with them.

Do you know how much you were paying in ppi as I imagine it was added with the loan repayments?

If you want to you can then post the figures on here and they will be checked out for you.;)

WhyDoILikeYou

HI again it was 3000 over 4 years with £97 a month paying back and its now taken 6 months off my loan and 2% less intrest coz of better rates so not all bad but nothing back after 18 months of paying

di3004

WhyDoILikeYou wrote: »

HI again it was 3000 over 4 years with £97 a month paying back and its now taken 6 months off my loan and 2% less intrest coz of better rates so not all bad but nothing back after 18 months of paying

Arh right I see, its best to request for them to post you how they calculated this then, just in case anything is amiss, but yes not bad at all otherwise.;)

They should post these to you if you request them hun, Turbo is amazing with working figures out and I'm sure he will take a look at them for you once you posted them.;)

maxdp

tiggrae wrote: »

Hi Di,

How are you ?? you seem to be helping everyone still !!!

Just came on this morning to get any information regarding Magic Loans Limited as they appear to have gone bust !!!

:j :j :j :j
Tiggrae How very wonderful to see you. Please do not leave us again we value your wonderful advice. Please come back and help us.:D :A

xxisabellexx

Hi all, wondered if I might get a little advice...

I am trying to reclaim missold PPI on a Lloyds loan for my mum. We sent the first letter in January 08 and the second letter in Feb 08. We received a final response from them (saying jog on, as you may have guessed) in March 08. I suggested to my mum to continue with the claim by going to the ombudsman. For whatever reason; being scared off by the letters from Lloyds or general apathy, the ombudsman form sat untouched for the best part of a year. In Feb 09, we decided to start trying to reclaim bank and credit card charges and agreed to look into the PPI reclaim again.

The ombudsman have replied today saying that because its been over six months since the final response, 'we cannot deal with such cases unless the ombudsman is satisfied that there are exceptional cicumstances for the delay in referring the matter to us or the firm does not object to our considering your complaint'.

Does anyone have any experience with how 'exceptional' the circumstances have to be? Is there any point in us carrying on with the claim or are we just wasting our, and the ombudsmans, time?

TIA

di3004

xxisabellexx wrote: »

Hi all, wondered if I might get a little advice...

I am trying to reclaim missold PPI on a Lloyds loan for my mum. We sent the first letter in January 08 and the second letter in Feb 08. We received a final response from them (saying jog on, as you may have guessed) in March 08. I suggested to my mum to continue with the claim by going to the ombudsman. For whatever reason; being scared off by the letters from Lloyds or general apathy, the ombudsman form sat untouched for the best part of a year. In Feb 09, we decided to start trying to reclaim bank and credit card charges and agreed to look into the PPI reclaim again.

The ombudsman have replied today saying that because its been over six months since the final response, 'we cannot deal with such cases unless the ombudsman is satisfied that there are exceptional cicumstances for the delay in referring the matter to us or the firm does not object to our considering your complaint'.

Does anyone have any experience with how 'exceptional' the circumstances have to be? Is there any point in us carrying on with the claim or are we just wasting our time?

TIA

Hi hun

There have been a few on here this has unfortunately happened to.

However, if you had a good reason why you did not continue with this last year, maybe personal reasons for example the FOS may consider this.

But another way is, write to lloyds again, (it may work, it may not but maybe worth a try) and tell them you want this treated as a brand new complaint, you strongly believe you were mis sold because of your reasons and would appreciate if they considered investigating this for you.

Unless others have other ideas here for you hunni, I do wish you luck though and hope they do take another look at this for you, but again if you had personal reasons of why you did not move this forward let the FOS know.

Good luck and please keep us posted.;)

Di
x

tiggrae

maxdp wrote: »

:j :j :j :j
Tiggrae How very wonderful to see you. Please do not leave us again we value your wonderful advice. Please come back and help us.:D :A

hi max,

thanks for that - but you all seem to be helping each other out really well !!!