PPI Reclaiming Discussion Part 5

-taff

Just a thought, is that before or after tax?

dunstonh

Does the bank say that or is that your own interpretation of the calculation?

I was wondering that as you would expect the mention of the period it was open to refer to the difference in interest. Not the 8% simple. So, has the poster misinterpreted the bit it relates to.

Papps

Hi,
Apologies if this is not posted correctly (I've not used forums much before).
I tried to claim PPI a few years ago with details of the companies from my credit report. I wrote letters directly to them and had a reply from Barclays with a balance of about £30 paid to me.
Now with the deadline approaching for the end of PPI, I thought I'd try again and signed up to a PPI company, they have sent me letters with other creditors they have found, which i had years ago and had completely forgotten about and which didn't also show on my credit report.
Do I now proceed with this company or try again with the companies directly, as they have located other creditors for me?
Of course the company will take a cut, which is why I initially tried myself a few years ago, but they have found potentially new creditors which isn't to say there is PPI. Please advise on what my next step would be? Thank you

-taff

read the T&Cs he claims company sent you regarding cancelling their services. You'll probably find they can bill you for 'services' rendered in the event you cancel your contract.

Pauline161

Hi can someone advise please I've been sucessful with several ppi complaints recently, however I recieved a letter from black horse which has totally confused me, they have awarded redress on one loan paid partial redress on another as it was refinanced but refused to pay initial ppi as they claim to have sent a letter more than 3 years ago making me a wee of misold ppi, which I did it revive as i had cjanged address, i did ot i form black horse of this as i had no financial dealings with them at this time all loans were settled years previous. Also the loan they have partially repaid on is a different loan number to what i have claimed on. I also have two furthwr loans taken i 2003 which they have not even looked at one taken out just before fos regulations and one in october 2003. Please help what do i do now?

dunstonh

paid partial redress on another as it was refinanced

That is normal as early redemption usually sees the PPI refunded on a relatively pro-rata basis.

but refused to pay initial ppi as they claim to have sent a letter more than 3 years ago making me a wee of misold ppi, which I did it revive as i had cjanged address, i did ot i form black horse of this as i had no financial dealings with them at this time all loans were settled years previous.

Have you told them that you were not at the address they sent it to?

I also have two furthwr loans taken i 2003 which they have not even looked at one taken out just before fos regulations and one in october 2003. Please help what do i do now?

Did you buy them via Black Horse or via a car dealer, retailer or broker? Black Horse are only liable for the ones that they sell. Not the ones put in place by third parties.

Bermonia

If you are going to go back and advise that you were not at the address I would recommend that you provide them with some evidence of your address at the time they say they sent the letter as unlikely to accept without and will save going back and forth.

Daveyp1

Hi
New to the forums so please go gentle if I am in the wrong place etc.

I have a PPI claim going through with Bank of Scotland.
They wrote to me on 22nd November last, advising they would have a response to me by 11th January 2019.
They then asked for more time, until 20th March, and have today asked to have until 20th April.
They never explain why this is. Is this normal for them?
Am I entitled to go to the Ombudsman at this point?

Much appreciate any help.
Thanks

[Deleted User]

You can, but it's likely to delay things.

Leave it with them.

Bermonia

Whilst they’re still engaging and providing updates I would stick with them as whilst you CAN take it to the FOS, this will likely delay matters further.