LloydsTSB PPI Payment

y2dom

I received my re-calc letter yesterday, same day i received half my money back.

mattessex

Ok Here Goes:

Loan 1
Started: 05 April 2005
Total Loan Amount inc PPI £16885.85
PPI: £2885.85 @ 6.9%
Paid monthly of £56.74
60 months but paid off in 37 months
Ended: 31 May 2008

Loan 2
Started: 31st May 2008
Total Loan Amount inc PPI £13123.30
PPI: £2102.55 @ 7.2%
Paid monthly of £58.80
41 months but paid off in 30 months
Ended: 01st April 2011
Complaint made to LloydsTSB in Oct 2011, received letter 1 week later of my complaint.
Any ideas of reimbursement ?

The_Marksman

y2dom wrote: »

I received my re-calc letter yesterday, same day i received half my money back.

Great News, thanks for the update & hope you get the other half vsoon

jotay

wee_beefy wrote: »

£8,331.21 paid into my account yesterday so a nice Christmas here :j:j:j:j. hope its not to long for those still waiting.

can i ask when was your letter dated?

kerrirobberts

The_Marksman wrote: »

fingers crossed you hear very soon then

I've become the new dustybin *sobs*

The_Marksman

kerrirobberts wrote: »

I've become the new dustybin *sobs*

haha dont be down, things are moving now so hopefully you will be the next success posted here

kerrirobberts

If I don't get that money soon I'm going to go and sit in their headquarters down the road until someone tells me when they are going to pay me. Although I might have to find their office first, I only know where RBS is =/

The_Marksman

kerrirobberts wrote: »

If I don't get that money soon I'm going to go and sit in their headquarters down the road until someone tells me when they are going to pay me. Although I might have to find their office first, I only know where RBS is =/

plenty of cheap tents knocking about trafalgar square

amersall

mattessex wrote: »

Ok Here Goes:

Loan 1
Started: 05 April 2005
Total Loan Amount inc PPI £16885.85
PPI: £2885.85 @ 6.9%You get this back,less the early settlement rebate for ppi they gave you.
Paid monthly of £56.74You get this back x 37,the interest is included in the monthly payment you paid.
60 months but paid off in 37 months
Ended: 31 May 2008

Loan 2
Started: 31st May 2008
Total Loan Amount inc PPI £13123.30
PPI: £2102.55 @ 7.2%You get this back plus the ppi that was carried over from loan 1,less the rebate of ppi for early settlement
Paid monthly of £58.80 You get this back x 30,interest included in the monthly payment.
41 months but paid off in 30 months
Ended: 01st April 2011
Complaint made to LloydsTSB in Oct 2011, received letter 1 week later of my complaint.
Any ideas of reimbursement ?

You also get 8% interest to date,to work this out go on here.


http://www.moneysavingexpert.com/reclaim/bank-charges#step2
On the bank charge calculator put each of the ppi monthly payments you paid, the date,month and year of each of these to the present day,this will total all the ppi you get back and the 8%,you then have to take off the early settlement for the ppi for each loan that you settled,hopefully that will be as near as damn it to what you will get back.

Nightowl

Lloyds Credit Card, offer letter 12th September - payment? don't be silly!
My 3rd phone call I've made this week, was slightly rude to the customer service guy. Told him early on I wanted to speak to a manager and he replied 'I am a manager I'm manning the phones today'. Could tell he was though as he wasn't as helpful as others I've spoken to! Can't or won't tell me anything, don't know if my cheque has been sent and I shouldn't have been told I should have it by now. They haven't received a reply from the email they sent to the credit card department yesterday yet, 'what about the email you sent on the 7th' I said, no not got a reply from that either. He told me to ring back in a week, I replied, 'no I will ring every day' he said it was up to me if i rang daily but it would help! Told him Lloyds was incompetant and corrupt...possibly not helped my case there but am past caring. Shame we can't slap on late payment charges. I have days off next week for xmas shopping based on the time scale they had given me in the past for payment...think I'll spend the day ringing them instead...unless of course my cheque arrives.......did you see that flying pig?
Oh well, thanks for being here to let me vent.