PPI Reclaiming Discussion part 4

amersall

di3004 wrote: »

Hi there
Yes this is fine.
And of course being sold a Single policy for example which would only cover you for 5 years for a loan of say 20 years, this type of policy are now banned and are frowned upon.

If they did not explain to you the full cost of the policy, exclusions, the list goes on, with the interest added its very extortinate indeed.

Go for it, good luck.

i agree with di, you go for it! good luck and keep us posted x

amersall

clarkygirl wrote: »

Thanks for the advice. Will start the ball rolling on them both. Should I cancel the ppi on them now? I am still using the capital one card but the Egg one has been payed off recently so it has zero balance.

Many thanks

yes i would cancel them especially the one with zero balance, you shouldnt pay this if you have no balance to cover. good luck

wutus

Thanks for that , but now not sure if to write to Barclaycard or the morgan stanley address i was given just before your reply sorry bit confused now
thanks again any help is muchly appreciated

di3004

wutus wrote: »

Thanks for that , but now not sure if to write to Barclaycard or the morgan stanley address i was given just before your reply sorry bit confused now
thanks again any help is muchly appreciated

Hi there

Its up to you, maybe send one to both but make both aware you have written to the other, at least you know you will get a response from at least one of them who should confirm if they are responsible or not.

(At least you have covered this then - buts its up to you.);)

Good luck.

wutus

Thanks thats what I shall do
keep you posted

odyysey

Hi all

I received an offer from Lloyds TSB for compensation on my PPI. I sent the acceptance forms back but heard nothing for a month. I then received advice from here and posted them another letter, this time Rec Delivary, a week ago and still nothing. No reply to my letters, no refund.

Should I take any further action now or just sit tight and wait for it?

di3004

odyysey wrote: »

Hi all

I received an offer from Lloyds TSB for compensation on my PPI. I sent the acceptance forms back but heard nothing for a month. I then received advice from here and posted them another letter, this time Rec Delivary, a week ago and still nothing. No reply to my letters, no refund.

Should I take any further action now or just sit tight and wait for it?

Hi there
Good news on your success.:beer:

I would chase them up by ringing them and ask if they have sent anything out yet, even though there were no postal strikes last week I believe there have been backlogs, so just in case its still within the post, check with them to make sure.

However, it seems that many posters on here are in the same position, and have been in touch with lloyds tsb, who confirmed there is no timescale on paying the cheques out, so if they say this to you, and not given a timescale you are entitled to contact the FOS on this and see what they say about it.

You could give them your own timescale first, say about 14 days then if you not received your cheque then contact the FOS.
http://www.financial-ombudsman.org.uk/contact/index.html

I think personally - as they are over-run with these complaints, they have a job to keep up, since the news in the media, they do seem to be paying up and mellowing, so this could be another reason for delay..........just maybe.

I do hope though you receive your refund very soon, good luck and please keep us posted.:beer:;)

bathgatebuyer

Well, another wee update to say still no cheque from Sainsburys nearly two and a half months after the FOS advised thy would be contacting me with a settlement. More than a bit cheesed off about this as it's been over 2 years now, and I really had though it would all be sorted by the end of this year, but I really can't see that happening now.

It feels like nothing but lies and excuses all the time.

odyysey

Thanks for the reply!

It does actually say on the letter I received from Loyds TSB that they will action the refund to me as soon as they receive the accepteance sheets from me.

It's a good point about the backlogs, I may give them another couple of weeks and then get on the phone to them.

Thanks again.

di3004

bathgatebuyer wrote: »

Well, another wee update to say still no cheque from Sainsburys nearly two and a half months after the FOS advised thy would be contacting me with a settlement. More than a bit cheesed off about this as it's been over 2 years now, and I really had though it would all be sorted by the end of this year, but I really can't see that happening now.

It feels like nothing but lies and excuses all the time.

Hi bathgatebuyer, hope your well.;)

Blimey that is real bad......still waiting, what on earth are they playing at?