PPI FAQs discussion thread

dizzycool1

I've had great success in reclaiming PPI's but having received a cheque this week for a credit card PPI.... today I have had the cheque returned as the payment has been stopped!!! How can Barclays just stop a payout? Very annoyed!!!:mad::mad::mad:

dunstonh

dizzycool1 wrote: »

I've had great success in reclaiming PPI's but having received a cheque this week for a credit card PPI.... today I have had the cheque returned as the payment has been stopped!!! How can Barclays just stop a payout? Very annoyed!!!:mad::mad::mad:

How? very easily. The cheque can be stopped as easily as most cheques. You should be focusing on why. It is not the first time this has happened. Typically it is where an error in amount has been found.

Mollydendrums55

Hi - I stupidly used a claims company because they contacted me and I honestly thought I had never had PPI. Turns out I did and the bank have written to me to offer the amount plus the interest. This had made me look at the the claims company who want 30% (idiot me for not checking!).
I just wondered if there was anything in consumer legislation that supports me getting the whole amount as the customer and requiring the cliams company to claim their fees from my bank who missold me the PPI?

Guessing I'm going to have to grin and bear it but just wondered if there is an out worth pursuing!

dunstonh

Mollydendrums55 wrote: »

Hi - I stupidly used a claims company because they contacted me and I honestly thought I had never had PPI. Turns out I did and the bank have written to me to offer the amount plus the interest. This had made me look at the the claims company who want 30% (idiot me for not checking!).
I just wondered if there was anything in consumer legislation that supports me getting the whole amount as the customer and requiring the cliams company to claim their fees from my bank who missold me the PPI?

Guessing I'm going to have to grin and bear it but just wondered if there is an out worth pursuing!

You employed a company to do the work. You are required to pay them. The fact they do very little is irrelevant once you have employed them. As the complaints process is free of charge, if you choose to employ a company to put a complaint in on your behalf, then you pay for it out of your own pocket. The bank is not required and will not pay for the use of a claims company.

meer53

The claims company did the work for you, why shouldn't they be paid ?

Admittedly, what they do can be done by yourself for the price of a stamp, but you employed them so they are entitled to what you agreed to pay them. Why do you feel that the bank should pay ?

Chanshay

Hi hope someone can help.

I had a loan with HSBC which had PPI on and I paid of this loan early with another loan. Should I have been refunded back my ppi payments that I made? also at the time of taking out loan I was 5 months pregnant would I have been covered by the ppi? the company that I worked for at the time gave us a private health insurance that we had to pay tax on?

-taff

Your PPI would have been refunded in the pay back amount, you wouldn't have been given a cheque for this, and nowhere does PPI become invalid if you are pregnant.

buckrogers8

I took out PPI on a purchase in December 2000, can I still reclaim ?

-taff

what did you buy, from who, and how?

Vegiedale

I can't remember the reason I took out the loan (it was August 2006). Would the reason be likely to affect the outcome, e.g. it if was for luxuries, as opposed to essentials, say credit card debts?