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

Keira.Aaron

I'm so tempted to call today but I think I should refrain!
L

di3004

Keira.Aaron wrote: »

I'm so tempted to call today but I think I should refrain!
L

Give them a ring, no harm done, good luck.:);)

LilacPixie

skeeterwckt wrote: »

The total compensation loss amounts to £7,661.36 as at 27 August 2010, of which £7,295.22 is payable. This is because FSCS can only pay 90% of the loss above £2,000 on any claim against the same firm per person.

YOUR CLAIM

the compensation has been calculated as follows:

Original PPI premium £5,489.00

Plus:Interest. (this is the amount of interest your lender has already charged you to date on the amount of the premium) £2,227.56
Less:Benefits received. (this is the amount you have already received from the insurer, for example, an amount you have claimed or a no claim rebate)
Less:rebate due upon cancellation(this is the value of the policy if you decide to cancel it. You will need to contact the insurer and arrange to do this direct £105.92
Plus:A reasonable rate of return(this amount is to compenstae you for the monthly payments you have made in respect of the PPI premium£50.72
Equals:Compensation figure £7,661.36.

The cheque is for £7295.22 !!! so so happy I might have a dance ! :j:j:j

Woohoo - so what plans do you have for the cash now?

Keira.Aaron

Just called again, claim went back to fscs on tues but guy was saying you get a decision letter to sign before cheque is posted out?! Is this correct l

di3004

Keira.Aaron wrote: »

Just called again, claim went back to fscs on tues but guy was saying you get a decision letter to sign before cheque is posted out?! Is this correct l

Hiya

I can't remember that!

Wonder if he meant that someone within the FSCS dept signs before the cheque payment is issued, this seems more like it??

skeeterwckt

Just called again, claim went back to fscs on tues but guy was saying you get a decision letter to sign before cheque is posted out?! Is this correct l

I didnt, i just got the cheque through this morning with the decision letter, deloittes have nothing to do with the cheque itself or the procedure as far as i aware so if i was you I would phone FSCS now that the claim is back with them and they will be able to give a better idea xxx

Keira.Aaron

Skeeter it was the fscs!! Prob the guy wasn't 100% sure! Won't b long now hopefully! X

LilacPixie

the FOS has a decision letter to sign and return before the cheque is released. The whole thing took about 3 weeks. I thought the FSCS thing was last resort and it was literally that or nothing.

Keira.Aaron

I'll call again tomoz to find out bit worried now!! L

di3004

Keira.Aaron wrote: »

I'll call again tomoz to find out bit worried now!! L

I would not worry, it will be okay, and you will probably talk to someone different tomorrow anyway that will know more.;)