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Waiting for PPI outcome..

Hi there,

I placed my PPI claim in back in July 2012. It is currently with ombudsman.

What could be the reasons why its taking so long to get a solution? I understand they are inundated with claims, but i hear from people having answers from their claim even though they put theirs in more recently.

Comments

  • cimla wrote: »

    What could be the reasons why its taking so long to get a solution?
    It's a queue you're in, you have to wait your turn. Typical waiting time is eighteen months, but for many it's even longer...
  • Have you had your assessment from you're adjudicator - this is normally sent quite quickly (less than a year)?
    If you/the bank disagree with the adjudicator and choose to go-to an ombudsman, then Yes, it's taking quite a while at the moment - but you should have been tolled this.

    Perhaps, give them a call to see if everything is OK?
    Thank you all for helping me make my day by saving money!
  • cimla
    cimla Posts: 10 Forumite
    I'm trying to claim the PPI through a company. They initially said that the bank was not replying to requests. The latest is that its with the ombudsman. I do not recall any reference to an adjudicator.

    I shall ring them up in the week to check on this.

    Thanks!
  • dunstonh
    dunstonh Posts: 120,009 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The latest is that its with the ombudsman.

    For it to be referred to an ombudsman means that either an adjudicator rejected it and the claims company have appealed or it means an adjudicator has upheld it and the company has appealed.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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