PPI Reclaiming Discussion Part 5

treenie01

Ok that's useful to know. It was for a loan (well two loans) with Nationwide. I wondered whether there was a bit of it depends who deals with your case because I had the same and I won both of mine (although I become an agency worker during the time).

treenie01

Also I'm aware how long it can take going to the FOS. We've just had a claim for something else and it has taken 16 months to get a result (in our favour thankfully). Although most of that was due to the company in question never replying to the FOS without being chased.

treenie01

And in addition, I've just had my claim against RBS (Mint) upheld and when I looked at the payout they are also returning £60 in fees for overlimit fees over a 2 year period.

ChocksterNo1

Hi


I used to have a loan with citi financial a few years ago which I topped up 4 times over a few years. In 2008/09, I claimed back the PPI on these loans. I can't remember if I claimed back for all of them.


3 weeks ago, out of the blue I received a letter from citi financial stating that I may have been mis sold PPI. The letter contained a questionnaire to register my complaint. I received another letter last week stating that they would investigate and get back to me within 8 weeks.


Has anyone ever received money from a company twice? Wouldn't they know I claimed back PPI already?


Thanks


Chock

-taff

They've identified you as having PPI so you've been sent a letter.
It may be nothing happens because they'll cross check if you fill it in and send it back, it may be you'll get more thanks to underpayment of interest for example.

skintmumofone

amersall wrote: »

skintmumofone hi, is this the FP/L.UK that you got the PPI and the cash back from?? if it is then you will not get the loan reset or a reduced payment, and neither will a company ...............if it is not, go for it.

Yes it was however they told me that FP have been fined I did argue the point that it was LCUK that arranged the loan/PPI however they still maintained I should be getting money back they did say they would send a pack out to me so I will have a good look at this I work for Scottish solicitors so I am not as daft as they think I am lol will keep you posted. I have already had the money back from
LCUK as the 5 years ran out right in middle of when i was claiming done this thru FOS so I got the interest and compensation etc they refused to reduce the loan .

-taff

If you've already had the PPI returned along with the interest that was added to the loan, the loan won't be reset.

nem39esis

I feel a little silly posting this as I should have been checking but, 5 years ago when I bought my house I took out mortgage payment protection insurance with Source insurance. over the years they've sent all the documentation to my old address and recently ive come across a letter from 2013 outlining changes to the terms and conditions and requesting a sign and return the amended credit agreement, which obviously I haven't done as didn't know I had the letter.

What im looking to find out is, as this wasn't signed am I even covered or am I paying every month for nothing. should I therefore claim it back? I'm looking to switch providers so only now am I reviewing it all. (lesson learned)

[Deleted User]

nem39esis wrote: »

What im looking to find out is, as this wasn't signed am I even covered

You'll still be covered as originally. You can cancel the insurance at any time, but nothing you have said indicates any wrong-doing or likelihood that you should receive a refund of previous payments.

dunstonh

nem39esis wrote: »

I feel a little silly posting this as I should have been checking but, 5 years ago when I bought my house I took out mortgage payment protection insurance with Source insurance. over the years they've sent all the documentation to my old address and recently ive come across a letter from 2013 outlining changes to the terms and conditions and requesting a sign and return the amended credit agreement, which obviously I haven't done as didn't know I had the letter.

What im looking to find out is, as this wasn't signed am I even covered or am I paying every month for nothing. should I therefore claim it back? I'm looking to switch providers so only now am I reviewing it all. (lesson learned)

Credit agreements don't need to be signed for these. You paying the premiums is considered acceptance.