PPI Reclaiming Discussion Part 5

madmanc1973

Hi we need some advice,my wife recieved a letter from lloyds today after 13 weeks saying she was being offered £5,450 for her PPI claim,so we were overjoyed.She rang lloyds and they told her that the payment will be made to the insolvency practioner as records show she is linked to them.My wife was in an IVA over 3 years ago and came out of it and a full and final settlement was made to the creditors,so there is no link anymore.However lloyds are saying the payment will go to them and we will have to take it up with them???Help please!!!I forgot to mention that the Iva my wife was in was with her ex partner,thats why she came out of it,does that matter?

suzymt

Hi MSE, can anyone please explain if there is any difference between MPI and PPI.

jay-1

suzymt wrote: »

Hi MSE, can anyone please explain if there is any difference between MPI and PPI.

Mortgage Protection Insurance

Payment Protection Insurance

jdwmfc

The_Edge wrote: »

I posted about a week ago, asking advice on how my girlfriend could start the process when she has very few records of loans etc. that she previously had.

Just another quick question, some of the adverts for the companies say that they can tell you in 5 minutes if you have a claim. If she calls them up & they say that she has a claim is she then commited to use they to recover the money, or could she feasibly beat the system by getting them to find if she has a claim & then do the paperwork herself?

Thanks in advance!

They hold not data on you at all they have no access to data other than that you give them. If you know you have PPI on an account then claim yourself. If you do not then simply contact the bank or lender and ask them.
The claim firm will say you have it and may just put in a fraudulent claim on the hope that you actually did. (personal opinion)

madmanc1973 wrote: »

Hi we need some advice,my wife recieved a letter from lloyds today after 13 weeks saying she was being offered £5,450 for her PPI claim,so we were overjoyed.She rang lloyds and they told her that the payment will be made to the insolvency practioner as records show she is linked to them.My wife was in an IVA over 3 years ago and came out of it and a full and final settlement was made to the creditors,so there is no link anymore.However lloyds are saying the payment will go to them and we will have to take it up with them???Help please!!!

They can I am afraid, there is a link somewhere to this but I am not sure where it is. Although you made a full and final settlement that means the creditors agreed at the time to wipe your slate, however they are entitled to get the money back that you did owe them.

If there is any left I think you may get that back.

suzymt wrote: »

Hi MSE, can anyone please explain if there is any difference between MPI and PPI.

There is a difference PPI is on loans and credit cards MPPI is on your mortgage. It is more difficult and as a result much rarer to win a case about MPPI as this was often sold as a condition of the mortgage, how can you say you did not need insurance on a loan of hundreds of thousands of pounds.

PPI on the other hand was often hugely expensive and did not cover you for what you wanted. There are some MPPI experts out there, have a look at some of the other threads.

Nikkirez79

After having a success with Barclays - £4700 refunded in less than 10 weeks , i thought i would try to claim back PPI on some of my storecards , I wrote to Santander re DPs storecard , they have sent me back a copy of the application form saying that i agreed to the cover and at no time did i ever ask to cancel it . My reason for missell was that the salesperson was very pushy , would not take no for an answer so i felt obliged to say yes , . Is it worth writing back to them to tell them I didnt realise i could cancel , at one point i was seriously behind with payments yet still they charged the monthly fee - surely if i knew i could cancel it i would of to help my situation or should i write to the FLA ? thanks for your help

sandrag2601

Evening all,
I've been successful in claiming PPI from HSBC but so far have just had the standard 'knock-back' letter from Lloyds TSB. I know some people have been successful by using a second follow up template letter - which I'm definitely going to do - but does anyone have the second stage template letter that I could 'borrow'?

Many thanks in advance,

Sandra

stu1960_2

sandrag2601 wrote: »

Evening all,
I've been successful in claiming PPI from HSBC but so far have just had the standard 'knock-back' letter from Lloyds TSB. I know some people have been successful by using a second follow up template letter - which I'm definitely going to do - but does anyone have the second stage template letter that I could 'borrow'?

Many thanks in advance,

Sandra

Not sure there is a second stage template letter.
From my experience of Lloyds,unless you have provable new evidence, not mentioned in your initial complaint, you are wasting your time.
FOS may be your best option but expect a long wait.

amersall

lisa21 wrote: »

I've tried searching the web and forums but can't find an answer to my question.

Basically I wrote to Halifax in 2008 complaining about PPI I'd had with them since 2004. My complaint was rejected, and I did nothing more about it at the time (I know now I should have gone to the FOS).

Last month, after reading others' successes with Halifax, I wrote again to request my premiums back. I received a reply saying they would not reconsider my complaint again as a final response had already been given in 2008.

Anything more I can do? I suspect the answer is no, but wanted to check

thank you

Sorry, unless you have a genuine reason for not contacting FOS within the 6 months of the rejection then they will not look at this again.

amersall

slopswips wrote: »

Hello,

my dad took out some kind of life insurance policy through BRIGHT GREY, so the mortgage would be paid if something happened to him

i can't work out whether this is PPI or not. But basically he had been paying 72 quid every month for 4 years, for seemingly nothing.

This policy has now been cancelled, and he now is paying £22 a month to Lloyds and General for a similar cover.

Is 72 quid a month a normal price for a life insurance policy? The policy also wasn't for life....it was if he died within a certain period of time - so i just dont understand at all.

does anyone have any experience with what im talking about? thanks.

As this was life insurance with a Mortgage it could have been compulsory.
Post the question here
http://forums.moneysavingexpert.com/forumdisplay.php?f=187
They can explain it better for you.

amersall

nee666 wrote: »

Help please
I sent next a letter regarding ppi, they confirmed I have it on my account but my complaint is with first assist, who I've written to (19/7)& they have ignored me, no reply not a sausage, what do I do now??

Sent Gmac a letter on 19/7 reclaiming ppi on a car loan along with the loan doc (copy) no reply, what do I do now?
:mad:

Any tips anyone?..

Check the address on both, if they are correct then send them again.
If you hear nothing back in the next 3 weeks then send the complaints to FOS, make sure you have proof of posting to send as FOS will have deemed these to have been delivered 2 days later.