Companies in Default/FSCS Claims - Picture, London Scottish, Twopart

beaniebabe

busbyh wrote: »

Did you get the amount you hoped for

I got 14,300. I will have a read in a bit of the letter cos I havent seen the breakdown yet!
I will post it up.
It has killed me today I have been at work all day. I had a sneaky look and saw that dialysis had got hers and wanted to congratulate her but couldn't!!!:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j

beaniebabe

Does anyone know if we cancel the ppi would the insurance company send us a cheque for the rebate or would it be deducted off our monthly repayments at a small amount each month!

dialysis

beaniebabe wrote: »

its arrived, i have got my cheque and its in the bank!!!!
Well done dialysis, i am so pleased you got yours!!
You really deserve it hun!!
And you can keep your house!!!!!

Hi hun well done so pleased for you didnt see you at the bank though:rotfl::rotfl::rotfl:

sandzb

anyone heard from gumbi

amersall

marshallka wrote: »

I think it means this.

If dialysis was request to settle the loan today for instance then her settlement figure would include a rebate of the insurance of the £1373 so she would settle at £1373 less. This would mean if she cancelled the insurance of today. If however she left the insurance in tact she could use it if needs be and also would still owe it all for the term of the loan. They are just taking into account if anyone does pay their redress over to them today.

so in effect you will pay the ppi back as usual on the loan for the remaining term and your monthly payment stays the same, so in effect with interest you will pay more back than the actual ppi refund you get? if that is the case i would sooner pay it back off the loan and have a reduced monthly payment than pay perhaps double back over the term of the loan.. or is the ppi refund taken off the loan and the loan back to original payment, god this is so confusing

dialysis

sandzb wrote: »

Well done dialysis, saltyfish, funkyc27. Hope its me next

Thanks sandzb hope so too hope you all get them very soon!!!!:j:j

busbyh

beaniebabe wrote: »

Does anyone know if we cancel the ppi would the insurance company send us a cheque for the rebate or would it be deducted off our monthly repayments at a small amount each month!

I'm sure honey 2 was told they would send her a cheque. FSCS have instructed the Insurers as to the amount they have to pay back if the Insurance is cancelled.

think this is correct, but I am sure Honey 2 will be on later and will confirm:j:j

amersall

:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:jexcellent news everyone, well done:cool::cool::cool::cool::cool::cool::cool::cool::cool::cool::cool::cool:

dialysis

busbyh wrote: »

I would get an ATM receipt of the BALANCE and frame it:D:D:D

I have done that but not framed it yet:rotfl::rotfl::rotfl::rotfl:looks real gooooood:T:T

busbyh

sandzb wrote: »

anyone heard from gumbi

Not a sign, maybe he is out spending his money:D:D