PPI Reclaiming Discussion Part 5

dazzler4

Hi,Would appreciate any help that could be offered on this one.

My mum has recently received a letter from Nationwideinforming her that she may be entitled to a PPI refund.
She has had both a credit card and 2 loans from them in the last ten years, All of which came with the added PPI.
Has anyone else received one of these letters?
The other quesion i have, My mother was made redundant 11 years ago, at the time she had PPI, she had a battle with the PPI to get it paid and it took around four months before they finally paid it for just two months. Given that she actually received two payments, would she still be entitled to the refund?

Many thanks in advance

Dazzler x

-taff

Lots od people have
She is but any successful complaint will have the value of what she's already claimed deducted.

evanowen

dunstonh wrote: »

MPPI is monthly premium by direct debit (one of the reasons why MPPI complaints mostly fail). You describe a fee although the name suggests otherwise. Was it a one off fee or a regular direct debit?

MPPI is Mortgage Payment Protection Insurance.

evanowen

dazzler4 wrote: »

Hi,Would appreciate any help that could be offered on this one.

My mum has recently received a letter from Nationwideinforming her that she may be entitled to a PPI refund.
She has had both a credit card and 2 loans from them in the last ten years, All of which came with the added PPI.
Has anyone else received one of these letters?
The other quesion i have, My mother was made redundant 11 years ago, at the time she had PPI, she had a battle with the PPI to get it paid and it took around four months before they finally paid it for just two months. Given that she actually received two payments, would she still be entitled to the refund?

Many thanks in advance

Dazzler x

Yes she may have any benefits paid out deducted but I would complain about the service received.

Seems the Society has had to go down the fully fledged review because its sales procedure was fatally flawed.

Wish your mum the best of luck from me and avoid any claims chasers as this is a simple matter, or it should be!

[Deleted User]

dazzler4 wrote: »

she had a battle with the PPI to get it paid and it took around four months before they finally paid

evanowen wrote: »

Yes she may have any benefits paid out deducted but I would complain about the service received.

Why would she complain about the "service" received? The four month interval is likely to have been the period during which her redundancy payment meant she was still unable to sign unemployed and so qualify for the insurance payout. There is no indication in the OP's post as to why the insurance only paid out for two months, but it's reasonable to assume her mother either found work or signed off the unemployment register.

[Deleted User]

evanowen wrote: »

MPPI is Mortgage Payment Protection Insurance.

Yes, and it's paid as a separate monthly premium by direct debit. I doubt the person you are responding to is unaware of what the acronym refers to.:)

evanowen

Moneyineptitude wrote: »

Yes, and it's paid as a separate monthly premium by direct debit. I doubt the person you are responding to is unaware of what the acronym refers to.:)

I have seen single premium MPPI added to the mortgage.

For the record I have been in the financial services sector since 1985. :money:

evanowen

Moneyineptitude wrote: »

Why would she complain about the "service" received? The four month interval is likely to have been the period during which her redundancy payment meant she was still unable to sign unemployed and so qualify for the insurance payout. There is no indication in the OP's post as to why the insurance only paid out for two months, but it's reasonable to assume her mother either found work or signed off the unemployment register.

You may be right, but then again you may be assuming too much.

aayush

quick question if you get compensation and not working can you reclaim the tax and if so how ?

dazzler4

Moneyineptitude wrote: »

Why would she complain about the "service" received? The four month interval is likely to have been the period during which her redundancy payment meant she was still unable to sign unemployed and so qualify for the insurance payout. There is no indication in the OP's post as to why the insurance only paid out for two months, but it's reasonable to assume her mother either found work or signed off the unemployment register.

I know that she was made redundant after 12 years, there was a contract change a few years before this happened, which meant yhat if redundancy occured, a lower payment was given. From what I remember at the time, Nationwide stated something along the lines of lpan payments only being paid by them after a two or three month period. Two payments were made, but mum then got a new job.
We hadn't even thought about the ppi or claiming it back to be honest. It was nationwide that actually contacted mum.