PPI Reclaiming Discussion Part 5

welshlady62

daveyadams wrote: »

If you consolidated the first loan into the second, you should have received a rebate for the remaining PPI. Likewise if you paid the second loan off early you should also have had a rebate.

You are claiming for:
(£2744.50 - rebate) + (£5863.25 - rebate).
You should also receive the extra interest back and I think the 8% flat rate also.

I have never recieved a rebate from them, so looks like I should get both amounts back plus interest, thank you for the advice.

drycast

Hello, This is my first post, can anyone tell me the contact adress for lloyds Tsb mortgage insurance? i am looking to reclaim my mppi but do not konw where to send the questionaire. many thanks David.

Bigcatvictim87

Hi Guys,

I am wondering if somebody could help me i have taken out three loans as follows: -

Loan 1 - Loan amount £2000 - PPI Amount £413.71 - Interest 26.5% - Period 50 months
(Loan was settled for £2142 on month 10 after 7 payments of £81.52) (1st payment 2-3m later)

Loan 2 - Loan amount £3000 - PPI Amount £716.45 - Interest 21.9% - Period 62 months
(Loan was settled for £3312 on month 5 after 2 payments of £101.78) (1st payment 2-3m later)

Loan 3 - Loan amount £5000 - PPI Amount £2180.64 - Interest 21.4% - Period 86 months
(Loan was settled for £5572 on month 14 after 11 payments of £162.84) (1st payment 2-3m later)

To pay off the final loan i took out a loan of £5572 without PPI and i am currently half way through the term and paying £136.43 monthly.

I have put my claim in for the PPI i am just trying to calculate the claim amount, can you see from the above that the PPI was paid off in full or part. it is very confusing? Also i never received a rebate for the PPI unless they included this in the settlement fee, i have full paperwork and it doesnt state this.

The reason for the claim is front loading, i am a LG employee with excellent sickness benefits and pension (includes death grant) which was explained and they still pushed PPI also i was told taking PPI would greatly improve my chances of getting the loan approved as it was less risk to the bank.

Thanks

icmelerlovers

i received letter from nationwide following my inital complaint of ppi , first letter stated i should be informed of outcome by the 1st april.
but letter today said we have not finished investigating your complaint , but we still expect to be finished by the 1st of april.

is this normal from nationwide with thier ppi complaints .
has anybody had joy claiming their ppi from loans and credit cards form nationwide
cheers

rocketman80

Bloody hell. I won. Its only taken 4 years..... but the FOS found in my favour. I just need to sit and understand all the blurb on the forms now (acceptance already ticked and stuck in a envelope, will go signed for delivery on Monday)

*apologies for the language but its been a long trek.

Stunty

incesticde

(Moved from the sucess/failure thread)

Received a reply from MBNA stating they are turning down by complaint as I had ticked a box for PPI, thus it was a non-advised sale. They enclosed a photocopy of the agreement which shows that I have ticked the box.

I had raised a complaint as I could have sworn that this policy was sold to me over the phone...

They have also stated that this is their final decision and to go to the FOS should I wish to take it further.

What are my options now? As far as I can see, I have none : I ticked the box

sassyone19

cappo wrote: »

Hi sassy i would suggest if they cannot prove this i would give them the option of making you an offer before it gets sent to the fos.

HI thanks they have sent me a copy of the agreement i signed but there is no sign of any ppi box on there so kind of pointless realyxhave now posted my letter to fos so can only wait nowx

amersall

incesticde wrote: »

I have raised a PPI complaint with three companies : Natwest, MBNA and the Coop

Letters were sent : 14/02

Acknowledgement from MBNA and Coop after nine days

So far I have heard anything from Natwest, phoned them today as apparently as of yet I am not on the system...

Does anyone know how long it takes Natwest (HBOS?) to acknowledge a complaint?

Timescales for claims for all three would be nice as well

Many thanks

I

They have 14 days to send you an acknowledgment, they then have a further 6 weeks to give you a final response.

amersall

sugarpuss27 wrote: »

Has anyone had any success with PPI on car hire purchase. We purchased our car from Mitzubisi. The finance was provided by Shogun Finance underwritten by LTSB. Who do you think I should send the questionaire too? Any advice would be much appreciated. Thanks

If this has insurance and it was mis sold to you, put a claim into Mitsubishi.

amersall

Kuffs1978 wrote: »

Spoke to the FSCS earlier. Again, a total waste of time. We're not prepared to waste another second of our lives with this crap anymore. I checked the loan agreement and it clearly states that upon full repayment the loan will have cost £13,259. We've already paid £13,020 and will make another £500 of payments. If the f***ers want anymore they are going to have to sue us.

:mad: do not believe this.
Is your sis being compensated for 90% of the total ppi amount, or is that what is owed when she gets the compensation from FSCS?.