PPI Reclaiming Discussion part 4

mollymoo96

please do not do this my nephew has done the same thing and it is not true the can get the loan money back as fot ppi you can do it your self for the price of a stamp and the tmplate letters from here.Also there are lots of ppi companys out there offer a no win no fee why do they want money up front my nephew signed up 15 weeks ago and has only had 1 letter. DONT DO IT . us martins letters and the wonderfull help from this sight

di3004

mollymoo96 wrote: »

please do not do this my nephew has done the same thing and it is not true the can get the loan money back as fot ppi you can do it your self for the price of a stamp and the tmplate letters from here.Also there are lots of ppi companys out there offer a no win no fee why do they want money up front my nephew signed up 15 weeks ago and has only had 1 letter. DONT DO IT . us martins letters and the wonderfull help from this sight

Hi MollyMoon
Hope your well hunni.;)

Thanks so much for posting this up, this is appreciated.;)

aw78

HI all, bee reading this forum for months as im try to reclaim PPI off a TSB Credit Card, contacted them direct with my complaint as i never signed anything for PPI ( it was 1999 - and in the local branch ).

Anyways , they noted my complaint and sent me a letter after 4 weeks saying that they are still investigating and they would reply to me with a final response in 4 weeks.


4 weeks passed and another letter..

" we are unable to provide a final response as of yet as our investigation is incomplete, we do hope to give you a final response in the next few weeks, as 8 weeks have passed you are now within your rights to contact the FOS" etc etc.

now are they just wasting time here or will they give me a final response, im aware that i have 6 months after the initial complaint to contact the FOS.

any help or advice would be great

thanks

AW

di3004

aw78 wrote: »

HI all, bee reading this forum for months as im try to reclaim PPI off a TSB Credit Card, contacted them direct with my complaint as i never signed anything for PPI ( it was 1999 - and in the local branch ).

Anyways , they noted my complaint and sent me a letter after 4 weeks saying that they are still investigating and they would reply to me with a final response in 4 weeks.


4 weeks passed and another letter..

" we are unable to provide a final response as of yet as our investigation is incomplete, we do hope to give you a final response in the next few weeks, as 8 weeks have passed you are now within your rights to contact the FOS" etc etc.

now are they just wasting time here or will they give me a final response, im aware that i have 6 months after the initial complaint to contact the FOS.

any help or advice would be great

thanks

AW

Hello and welcome.

Wishing you luck with these.
Hopefully the next time you hear it will be the news your waiting for, but if not then you can move on to the FOS.
However, as they have already mentioned the FOS and the 8 weeks have passed you are entitled to do this now if you want to.
http://www.financial-ombudsman.org.uk/consumer/complaints.htm

Myself and my hubby were both successful in regards of the Credit cards PPI through the FOS, and now we are waiting for a result from lloyds in regards of the loans ppi, and still awaiting to hear the outcome from them.
We are actually in the same position as yourself with the 8 weeks that have passed but are giving them a little longer due to the xmas period as well, maybe another 14 days from here, then if we hear nothing its FOS time.;)

Please keep us posted, good luck.

Di

252mahon

marshallka wrote: »

Hi Longword, was your complaint originally that Egg had told you that by having the PPI it would help in your application?? If this is the case and you applied online then this would be classed as a non advised sale whereby Egg would have not advised anything. I realise you are pretty miffed at the FOS but was the box perhaps pre ticked?? If it was then there is a chance that you could still win but certainly not by saying you were advised that the PPI would help in applying unless of course you rang them first and could perhaps prove this???

So sorry how this has turned out.

what was your employment status at the time you took out the ppi

tiggrae

Andrena wrote: »

Hi, I took out a loan with Halifax for £5000 over 4 years, I have recently received a call from Bridgewater Claims Managment, they asked me a couple of questions about my loan and said that i have a good case, not sure what for exactly, it is for the PPI but it must be for something else aswell because they said that they would be able to class the loan as void and i would get the £3900 (that is still left to pay) cleared and also get the money that i have already paid back!! This is very interesting although they are looking £399 + VAT before they do anything, so i want to check it all out before paying that amount out for something i might not even win! The only thing that is putting me off is that my loan was taken out on October 2007 but i have read that you have to have a loan before April 2007 for this to apply, i said this to the girl on the phone and she said that it can be anytime in 2007 but of course she would say that if she is getting money out of it!! I was just wanting someones opinion before i pay out that money!! Do you think i should go for it and take a chance??

Thanks
Andrena

I'm surprised there are companies out there still saying they can get loans voided - the Claims Management Regulator are looking into these - as for handing over any money - definately don't do it !!!

tramby58

Hi, I was made redundant in September and contacted my card and loan issuers straight away. I had taken PPI with Egg on my card and loan.

I received a letter today with details of the payment made to the card which is great, however they are saying that the loan has a 180 day excess period on it and that payments will not start until then and will not be backdated.

I wasn't told about this excess period when taking the loan should I have been?

tiggrae

tramby58 wrote: »

Hi, I was made redundant in September and contacted my card and loan issuers straight away. I had taken PPI with Egg on my card and loan.

I received a letter today with details of the payment made to the card which is great, however they are saying that the loan has a 180 day excess period on it and that payments will not start until then and will not be backdated.

I wasn't told about this excess period when taking the loan should I have been?

yes definately, what you now need to look at is whether what you will be paid back on the insurance is more than you've paid for the PPI as you have a case for mis selling

mollymoo96

Hi Again

I have send for my alliance and Leicester credit card statments to reclaim the ppi. I took out the credit card in 1996. when I got the statments they only go back to 2003 when mbna took over from them but I have always got statments with A & L Logo on but I have had a look out for my statments post 2003 and the account number is different will I have to put in a seperate claim for this account number any help would be great

tiggrae

mollymoo96 wrote: »

Hi Again

I have send for my alliance and Leicester credit card statments to reclaim the ppi. I took out the credit card in 1996. when I got the statments they only go back to 2003 when mbna took over from them but I have always got statments with A & L Logo on but I have had a look out for my statments post 2003 and the account number is different will I have to put in a seperate claim for this account number any help would be great

make 2 claims - put both account numbers onto the mbna one and the a&l a/c number onto the a&l account