PPI Reclaiming Discussion part 4

lucieloo

marshallka wrote: »

That is good lucieloo as this would be able to go to FOS if they do not uphold it and yes, it it Freedom you write to.;)

thanks do you think i should do a sar with them? or just go for it with account number?

marshallka

lucieloo wrote: »

thanks do you think i should do a sar with them? or just go for it with account number?

I would just make the complaint without the SAR. Its after regulations as it was 2006 so no real need if you know your reasons for misselling.;)

lucieloo

marshallka wrote: »

I would just make the complaint without the SAR. Its after regulations as it was 2006 so no real need if you know your reasons for misselling.;)

sorry to be a pain marshallka but i am so confused!!! my payments went to a different company that was brought from money partners. i rang money partners who said freedom were my brokers. i then contacted freedom who new about the loan and said i went through them but the account number that freedom and money partners gave me are different. so do i just use the one freedom gave me and write to freedom?

tiggrae

marshallka wrote: »

Does this mean if you win the whole correct amount back through FOS for misselling and 8% statutory interest on top (ie put back into the position as if you never had the PPI) then you can also make another complaint as well against the insurer for the unfair rebate?? Wouldn't the two be usually included in the one for misselling??

they won't pay out twice - but as the FOS is taking so long to adjudicate on claims that the underwriter may pay first against the unfair contract term and the the complaint with the FOS for mis selling hopefully pay the difference

tiggrae

lucieloo wrote: »

sorry to be a pain marshallka but i am so confused!!! my payments went to a different company that was brought from money partners. i rang money partners who said freedom were my brokers. i then contacted freedom who new about the loan and said i went through them but the account number that freedom and money partners gave me are different. so do i just use the one freedom gave me and write to freedom?

yes, that's all you need to do - forget money partners

mollymoo96

Hi everyone

I have had a very dissapointing letter today from the fos they are not upholding my complaint about egg credit card ppi this was and online application from 2000. My reasons were not strong enough.dissapointing . I still think it was a pre ticked box. anyone else lost out?

di3004

mollymoo96 wrote: »

Hi everyone

I have had a very dissapointing letter today from the fos they are not upholding my complaint about egg credit card ppi this was and online application from 2000. My reasons were not strong enough.dissapointing . I still think it was a pre ticked box. anyone else lost out?

Hi MollyMoo

I am so sorry to hear this and yes there have been a few over the threads the last few days.

Did you know though you can ask them to reconsider and/or ask for another opinion by another adjudicator?;)

mollymoo96

not sure this would do any good the adjudicator rang me a few weeks ago asking my questions about why i ticked the box and my emploment at the time. Dont think I came out of that vey well still at least I tried. I may just request another look into it

dirtdiver

hi everyone sorry to be a pain i have tryed working out figures but to no avail northern rock are going to refund me some of my premiums but im still thinking about going to FOS for full refund can anyone tell me if there offer is going to be considerably less

ppi amount was £16,412.40 on a £25000 loan total amount was £50,245.20

ppi mth premium was £136.77 and loan was £281.94 total £418.71 a mth

i paid 25 mths total was £10,467.75 and settlement figure was £26,608.18
after a ppi rebate of £7301.55
and interest rebate of £7897.72

they have admitted that the sale of ppi did not meet all of there standards and are refunding me

£6,525.34 and 8% interest of £1794.89 total £8,320.23

i know i was mis sold the policy it was never fully explained about front loading and partial refunds so i know i have a case there but im not sure how much the true figure would be if there is anyone who is good with numbers could take a look i would be gratefull then if it is a significant difference then i will push further thank you

lucieloo

well i posted the letter to hsbc on friday regarding three loans i had with them over the years, all of them completed early but was definate on ppi mis-sold. just had a phone call to tell me they have received my complaints and they are looking into it!!! hopefully they will be this quick in paying what they owe me!! but i very much doubt it.