PPI Reclaiming Discussion Part 5

sassyone19

Hi all just to let u know I sent a ppi letter off to Santander for my parents they've recieved a offer of 1300 pound which is about rite with interest so thanks for all advice guys they r well chuffed

di3004

sassyone19 wrote: »

Hi all just to let u know I sent a ppi letter off to Santander for my parents they've recieved a offer of 1300 pound which is about rite with interest so thanks for all advice guys they r well chuffed

Well done to you! Congratulations!:beer:

icmelerlovers

loan 1 12-08-02

loan amount £7000
interest £1.144.16
total payable £8.144.16

optional credit insurance £799.43
interest £130.81
total payable £930.24
total payable £9.074.40
48 mths 7.9%apr

loan 2 12-02-03 to pay of above loan
loan amount £8.500
interest £1.750.40
total payable £10.250.40

optional credit insurance £ 1.265.55
interest £258.45
total payable £1.515.00

total payable £11.765.40

60mths 7.9% apr
the sum of £6.404.04 to pay old loan off


loan 3 9-12-03 £6.978.82 to pay of above

loan amount £9500
interest £1.825.60
total payable £11.325.60

optional credit insurance £1.523.04
interest £292.62
total payable £1.815.66

total payable £13.141.26

66 months apr 6.70% went full term

this is what i recevied back from sars report today
im still waiting to hear back from nationwide, they have till 1st april .
i was very shocked of amount of insurance i have paid .
has anyone had any joy from nationwide recently with theirs

cappo

Hi all, back on at last, arn't going back to last unread as it's 10 pages worth so will only be commenting from posts today, hope everyone ok and had some compo paid out this week. steve

di3004

cappo wrote: »

Hi all, back on at last, arn't going back to last unread as it's 10 pages worth so will only be commenting from posts today, hope everyone ok and had some compo paid out this week. steve

Well hello there hope your well Steve and welcome back.:beer:
Not been here a lot myself as you know but have started making regular posts again since yesterday, although I am not able to post as regular as I used to because of other ties, so catching up when I am able to.

Hope everyone are well. Xx:A

di3004

icmelerlovers wrote: »

loan 1 12-08-02

loan amount £7000
interest £1.144.16
total payable £8.144.16

optional credit insurance £799.43
interest £130.81
total payable £930.24
total payable £9.074.40
48 mths 7.9%apr

loan 2 12-02-03 to pay of above loan
loan amount £8.500
interest £1.750.40
total payable £10.250.40

optional credit insurance £ 1.265.55
interest £258.45
total payable £1.515.00

total payable £11.765.40

60mths 7.9% apr
the sum of £6.404.04 to pay old loan off


loan 3 9-12-03 £6.978.82 to pay of above

loan amount £9500
interest £1.825.60
total payable £11.325.60

optional credit insurance £1.523.04
interest £292.62
total payable £1.815.66

total payable £13.141.26

66 months apr 6.70% went full term

this is what i recevied back from sars report today
im still waiting to hear back from nationwide, they have till 1st april .
i was very shocked of amount of insurance i have paid .
has anyone had any joy from nationwide recently with theirs

Hi there

I am not the one for the calculation side of it, but hopefully someone will be along soon to take a look at them for you, good luck.:)

[Deleted User]

icmelerlovers wrote: »

l
this is what i recevied back from sars report today
im still waiting to hear back from nationwide, they have till 1st april .
i was very shocked of amount of insurance i have paid .

I'm not certain why you've posted this run-down of your payment protection insurance? If you are simply making the point that PPI was very expensive, I have to agree. If, however, you think this alone is a basis for a mis-selling claim then I hope you had other reasons as well!
How come your SAR information has been provided after you have already made your claim with Nationwide?

cappo

di3004 wrote: »

Well hello there hope your well Steve and welcome back.:beer:
Not been here a lot myself as you know but have started making regular posts again since yesterday, although I am not able to post as regular as I used to because of other ties, so catching up when I am able to.

Hope everyone are well. Xx:A

That's Great Di, your help to everyone will be of great value as usual, glad to see you posting up again, i too have been off this week also due to family commitments.:j:j:j:j:j:j:j:j:j:j:j:j:j

cappo

Moneyineptitude wrote: »

I'm not certain why you've posted this run-down of your payment protection insurance? If you are simply making the point that PPI was very expensive, I have to agree. If, however, you think this alone is a basis for a mis-selling claim then I hope you had other reasons as well!
How come your SAR information has been provided after you have already made your claim with Nationwide?

Hi Mark, glad to see your still fighting the good fight and helping people yourself on here now, keep up the good work.:D

[Deleted User]

cappo wrote: »

Hi Mark, glad to see your still fighting the good fight and helping people yourself on here now, keep up the good work.:D

Yes, I'm still here Steve!
My own complaint has now generated the letter informing me that HSBC's enquiries are "not yet complete" and that they'll write to me in the next four weeks to update on progress.
I thought they had eight weeks to respond properly? Has this been extended again by the Financial Ombudsman Service?