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

di3004

finatra26 wrote: »

Just caught up with todays posts (took half day from work & went to debenhams sale) Things are starting to look up for you guys again.
Have a feeling in my water there will be loads of virtual beers on this thread next week.

Hi Finatra hunni, hope your well and you enjoyed your day.:A

Yes things looking good for us at last.......cheers hun.:beer:

finatra26

Di I will be dancing in the street when the rest of you guys win this. You all give so much to this site everyone who uses it will be pleased for you.
Shopping trip was great except:eek::eek::eek::eek:
Oh no!

I was meant to be doing my chrissy shopping & only got 2 pressies but managed to come back with about 10 bags!

I look cute in my new gear though & hadn't treated myself since my PPi win so perhaps I deserved it. Even got a new haircut:rotfl:

di3004

finatra26 wrote: »

Di I will be dancing in the street when the rest of you guys win this. You all give so much to this site everyone who uses it will be pleased for you.
Shopping trip was great except:eek::eek::eek::eek:
Oh no!

I was meant to be doing my chrissy shopping & only got 2 pressies but managed to come back with about 10 bags!

I look cute in my new gear though & hadn't treated myself since my PPi win so perhaps I deserved it. Even got a new haircut:rotfl:

Aww thanks so much hunni.:A:beer:
We shall all have to have a cyber party :j:j to celebrate, and with your new haircut as well, how lovely :T:T, good for you for treating yourself hun, well deserved.:beer:

lol, I'm the same when it comes to shopping, always comes back with double........:eek:, will have to be more careful this year and cut back though me thinks......:o.
Hope you enjoyed your day though hun, I love the run up to christmas.;)XXX

busbyh

finatra26 wrote: »

Di I will be dancing in the street when the rest of you guys win this. You all give so much to this site everyone who uses it will be pleased for you.
Shopping trip was great except:eek::eek::eek::eek:
Oh no!

I was meant to be doing my chrissy shopping & only got 2 pressies but managed to come back with about 10 bags!

I look cute in my new gear though & hadn't treated myself since my PPi win so perhaps I deserved it. Even got a new haircut:rotfl:

Well deserved too;);)

busbyh

Now, here we go again. With regard to barloo's NCB dispute.

Honey confirmed last night that she did rcd her NCB before her settlement. On a past post she said the FSCS were aware of this as she sent all the paperwork regarding the NCB refund to them and this was also returned back to her with the rest of her paperwork on completion of her claim.

honey2 wrote: »

I received these payments from Picture the FSCS know I had received these payments as I sent them the letters from Picture - they returned these with my cheque on Friday

This is the way I now see it. Rather than FSCS deduct her NCB from her settlement they chose to deduct any premium rebate she would be entitled to if she decided to cancel, but leaving the choice with her. It's as though, as I have said before, FSCS make a decision to deduct either NCB or Premium rebate , but on what grounds. By deducting the premium rebate, you don't lose at all, as you still have the NCB, plus either the premium rebate if you decide to cancel or continuity of the Insurance if you choose to keep it active!!

Now this begs the question with the explanation they have given barloo. Their methodology is not consistent, and obviously there are cases on here that need to be addressed. Imagine how many this could affect that we are unaware of.

Also I have copied previous post from old-Wulf and lian1969 which state any NCB paid after settlement, does not have to be paid back to the FSC., just for future reference.

OLD-Wulf
I rang Picture this morning and they told me that there is no penalty for making lump sum payments against the loan and they would also credit the insurance cancellation premium direct to the loan balance. They were very keen to get me to cancel the policy and said that any future no claim bonus payments would have to go back to FSCS! I checked with FSCS and no they dont.

QUOTE=Lian1969;26244045]Hi all
Just for information.
I called picture today regarding cancelling my ins with them! I asked about the rebate that the FSCS had said that we are entitled to £741.
Picture encouraged me to cancel policy ( wonder why):mad:
They said that the £741 would be paid back to the loan:mad: But we are due a NCB next August they told me that the FSCS would want this back:mad:

God picture are real comedians you know! I called the FSCS and they said that it was rubbish, we are allowed to keep the NCB which works out at £5000.
Also picture tried me to pay all of our compensation back.:mad:
At the end of the day we have to do what is right for me and my family! i wont be forced into doing anything.

WHEN YOU ALL GET YOUR CHEQUES AND ARE DUE A NCB YOU ARE STILL ENTITLED TO IT:j

Just thought i would let you all know!

Lian xx[/QUOTE]


Also better news from honey that her friend's appeal has been successful. Well after what we read with all the info she rcd when taking out the loan, including the actual transcript of the call ( I honestly didn't think she had a leg to stand on) can only mean it will be SUCCESS for us all.:beer:
Sorry, but I am like a dog with a bone when it comes to something like this,(even though this does not apply to my claim) and hope I am not boring you all to death!!

busbyh

barloo69 wrote: »

kea....................

Can anyone tell me what this is;)

pinknico

busbyh wrote: »

Can anyone tell me what this is;)

I was hoping you would tell me!

busbyh

pinknico wrote: »

I was hoping you would tell me!

Maybe barloo started to post

busbyh

I've got a really good feeling pinknico about these claims, just hope i'm not wrong:eek:

chickpee

busbyh wrote: »

Now, here we go again. With regard to barloo's NCB dispute.

Honey confirmed last night that she did rcd her NCB before her settlement. On a past post she said the FSCS were aware of this as she sent all the paperwork regarding the NCB refund to them and this was also returned back to her with the rest of her paperwork on completion of her claim.
Rather than FSCS deduct her NCB from her settlement they chose to deduct any premium rebate she would be entitled to, if she decided to cancel, but leaving the choice with her. It's as though, as I have said before, FSCS make a decision to deduct either NCB or Premium rebate , but on what grounds.

Now this begs the question with the explanation they have given barloo. Their methodology is not consistent, and obviously there are cases on here that need to be addressed. Imagine how many this could affect that we are unaware of.

Also I have copied previous post from old-Wulf and lian1969 which state any NCB paid after settlement, does not have to be paid back to the FSCS.

Sorry, but I am like a dog with a bone when it comes to something like this,(even though this does not apply to my claim) and hope I am not boring you all to death!!

Also better news from honey that her friend's appeal has been successful. Well after what we read with all the info she rcd when taking out the loan, including the actual transcript of the call ( I honestly didn't think she had a leg to stand on) can only mean it will be SUCCESS for us all.:beer:

Great news about Honey's friend :j

I'm feeling more optimistic about our claim now!!