We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

tucan claims?

besides being pleased for others i have not looked into the whole PPI thing myself as i never taken out any insurance package with a loan or credit card. however i was sent a letter yeaterday from an agency called tucan going over the victory against banks and how if i had any type of loan etc over last 15 years i may be able to place a claim. i ignored letter for the same reason as above. but then last night received a call from the same agency saying i was eligble for £1600 (dont know how they arrived at this figure) because i had had my credit limit raised many times on my credit cards and mail order accounts without a signed .... from myself. they went on to say how hard they would work on my behalf to come up with this amount if not more within 2 weeks, they would send out a folder with all relevant info yesterday and all they now needed to do was to reserve £200 on my visa account which would not be touched but was necessary (an understandable reason was not given) at this point i said i wanted to think about it. at this point i was transferred to a supervisor who was really putting the pressure on to do this and kept saying if i was bothered about doing this later they would then stop it where i kept saying i did not want to proceed until i looked into it more and not agree for them to take it out then and for me to later withdraw. he eventually gave up and then at 9am this morning received another call asking me had i thought any more about it. firstly has anyone had any dealings with this particular company? and is the information they gave me correct and is it one of these things that you can do nfor yourself and save the 10% they would charge. sorry if this info is already posted somewhere but there is just so much info on here dont know where to begin?

Comments

  • They don't make barge poles long enough.

    Avoid them like the plague.
  • The increase in credit limit reclaim is a complete lie. Ignore them and ask them to remove you from their database, if they call again tell them you will report them for harassment.

    Ian
  • dunstonh
    dunstonh Posts: 121,297 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Unfortunately, some of the things you have been told are complete and utter rubbish.
    last night received a call from the same agency saying i was eligble for £1600 (dont know how they arrived at this figure)

    its made up. It is designed to gain your interest in a cold call.
    because i had had my credit limit raised many times on my credit cards and mail order accounts without a signed

    Not a valid reason.
    they went on to say how hard they would work on my behalf to come up with this amount if not more within 2 weeks,

    This is a breach of MoJ rules. They should not be promising unrealistic timescales and unrealistic outcomes.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.