PPI Reclaiming Discussion part 4

amersall

davey1961p wrote: »

i have received an offer for my ppi claim but its complicated by the facts that the acc in qustion was a joint one with an ex partner. She didnt financially contribute to the loan, but was named from day 1 until the loan was repaid. In my offer it mentions that the offer will be split 50/50 between both parties - is this correct if i was the one who made all financial contributions???

Dave, Cheshire

I think cappo is correct,you will have to talk to the bank with this being a joint loan,explain the situation and they will advise what to do.
You may have to get your ex involved if they insist it is 50/50.
Give them a ring and see what they say.

amersall

KUFFS1978,Niggly will need the redress amounts too,to do any workings out for you.

cappo

Metoyou wrote: »

Hi Cappo,

Many thanks for your response. Being a newbie on here can you please tell me how I go about forwarding to FOS?

Many thanks


Metoyou

Hi metoyou what you now need to do is to fill in a ppi questionaire printed by the fos and generally a fos complaint form, both can be downloaded directly from the fos web site if you are working in pdf or word, i'll try to find the links i know you can download the questionaire from this site follow the instructions on the forms and send them into the address printed on the forms, photocopy everything and keep copies and send everything by recorded delivery, i found it useful to keep a ppi folder for the different banks to keep everything straight.






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



http://www.financial-ombudsman.org.uk/publications/consumer-leaflet.htm

Newgirl711

cappo wrote: »

Go straight to the ombudsman you have more chance of them upholding it.

Thanks Cappo.

Not sure if I'm wasting my time going to the FOS? What do you think my chances are of them upholding it?

Has anyone else had any success with the FOS on Nationwide MPPI claims??

Any feedback would be appreciated x

cappo

Newgirl711 wrote: »

Thanks Cappo.

Not sure if I'm wasting my time going to the FOS? What do you think my chances are of them upholding it?

Has anyone else had any success with the FOS on Nationwide MPPI claims??

Any feedback would be appreciated x

The good thing with the fos is they will rule on what they consider "fair and reasonable" and will not get bogged down with strictly judging your case by the letter of the law, some of the stories on other forums citing people who have taken there banks to court and lost this is not considered the way to go at the moment as to the merits of your case i'd say from what you said earlier you have a good chance:)

Kuffs1978

amersall wrote: »

KUFFS1978,Niggly will need the redress amounts too,to do any workings out for you.

Hiya,

This is the redress that my sis got from Norton. Or an attempt at an explanation anyway. we still haven't seen the money yet.

Premium =£1537.50
Total Payments/Interest paid to date on PPI=£340.20
Interest at 8% on payments made =£133.12
Compensation =£200
Total = £2210.82
Less Rebate already received =£384.38
Total redress due=£1826.44

Since we cancelled the PPI in April my sister had paid 33 instalments, so the interest on the PPI amounted to just £10.31 per month. That means that between £60 and £90 in interest was charged on the loan each month, which is extortionate when she should have only been charged less than £55. We spoke to GE last night who confirmed that the repayments so far totalled £12,534.20 so even if we are generous and deduct the full £1537 PPI that means that my sister's repayments have been at least £11,034.20 which is just under £2,000 short of the £13,009.70 the FOS have agreed she should repay.

silv.surfer

Thanks amersall

I would say Arkle up the Home Straight :rotfl::D

I will type one out to give him Mon when we phone the Bank so he can take it in when he next goes in to collect PPI Agreement before his next JSA in 2 weeks - and a copy to keep on him just in case they argue anytime.

Sort of :

Dear Sir/Madam
I give .Mrs ......... of 41 .................. DOB Authority to deal / liase / ? on my behalf with regard to my Account No ........... with Barclays Bank PLC until such time as I withdraw my Authority

Yours faithfully

How is that, anything I have missed out - which do you think best deal / liase or what else.

Thanks for your advice I will post what is said on phone on Mon re PPI Agreement. Delaying action has started I think, or just bad Customer Service

michellegaz

hi have got money from lloyds but went through people from a claims direct, they didnt do a lot didnt have a phone call until today to ask for money for what they didnt help with getting money back,do i pay them ??

iancrotty

Hi Everyone,

I applied for an egg credit card between 2004 -2006 would I still be eligible to try and claim back PPI. I also had a loan with Halifax proabably around 1996-1997 would it be possible to claim on this and if so how would I go about getting the info required from Halifax.

Thanks Ian

cappo

michellegaz wrote: »

hi have got money from lloyds but went through people from a claims direct, they didnt do a lot didnt have a phone call until today to ask for money for what they didnt help with getting money back,do i pay them ??

Hi michelle i'm afraid you've got to as you would have signed a contract with them.