PPI FAQs discussion thread

[Deleted User]

Emerald05 wrote: »

If I am successful with my PPI claims on the settled loans ,will this also be offset against the unpaid loan?

Any money awarded will be offset against the money you still owe.

Emerald05

Moneyineptitude wrote: »

Any money awarded will be offset against the money you still owe.

thanks for responding.
Just to clarify, Can money awarded from loans A and B be offset against money owed on loan C ?
or only money awarded on loan C can be offset against money owed on loan C

-taff

yes, any money that is returned is applied to ANY outstanding balance, no matter what it is.

youngzola

had a car crash used claims direct,now gone bust,i had to take out a loan 1k which i was to get back when i won case,goverment changed rules so you only could claim 800 i believe,trouble is claims direct took 3 years to sort out claim the loan had 26 per interest rate i lost about 2k from what claim i won.would this be ppi.

weedarlin

I have been receiving texts from mobiles telling me that records state that I could claim up to [certain amounts] for mis-sold PPI and to contact them. I did on a couple of them and got called back, but it was difficult to understand the caller - I usually have no problem understanding an accent from the mainland (I'm from Northern Ireland) but I had difficulties understanding these people. I gave up and didn't bother following them up. I did hear from someone that companies should not state an amount to be claimed when they are contacting someone regarding PPI because this is illegal - is this correct? And which is the best way to go to claim PPI back - via mobiles, TVs and other advertising (even magazines are doing it now), the lenders, or this website? It's definitely (to use a well-known website) confused.com.

Any help will be gratefully received. :undecided

dunstonh

I have been receiving texts from mobiles telling me that records state that I could claim up to [certain amounts] for mis-sold PPI and to contact them.

We are all getting these scam messages. The companies that send them are being investigated and shut down but they pop up quicker than they can be closed.

I did on a couple of them and got called back, but it was difficult to understand the caller

It is best not to respond so scams. You find your details sold onto other scammers as you end up on a mugs list.

I did hear from someone that companies should not state an amount to be claimed when they are contacting someone regarding PPI because this is illegal - is this correct?

It is misrepresentation and fraud.

And which is the best way to go to claim PPI back - via mobiles, TVs and other advertising (even magazines are doing it now), the lenders, or this website?

You complain to the seller of the policy giving your reasons for complaint. Very simple.

Pingu54

Anyone any advice on reclaiming ppi with shopacheck

-taff

Yes. Don't bother.

AlisonM

Credit card PPI - Bank of Scotland

I feel certain I was 'mis-sold' because if I had been clearly asked I would have said 'no', and i was surprised to see the insurance on my statement. So I don't know how it happened.

I would have said 'no' because I am self employed.

So I feel cross that it happened - but I suppose I should have corrected it at the time.

Anyway, tried the claim - rejected.

I'm not sure what they need to hear. I realise that 'I don't remember agreeing to it' might be true for me, but is a bit weak. I don't remember the question 'would you like an insurance policy to cover your payments in the possibility of your unemployment?' .

I'm going to challenge - but don't want to say anytihng that will weaken my position.

Any thoughts, good people?

dunstonh

I feel certain I was 'mis-sold' because if I had been clearly asked I would have said 'no', and i was surprised to see the insurance on my statement. So I don't know how it happened.

Nice clean complaint reason and fairly easy to respond to by the credit card company. If you have only had the credit card for a few months then your complaint is highly credible and would likely result in a refund. If you have had the card for years then you start losing credibility and the longer it has gone on, the harder it gets to be seen as credible. Anything more than 6 months and you are probably looking at a rejection on that reason (assuming no other failure)

Any thoughts, good people?

How long are you talking about with your time paying PPI?