PPI Reclaiming successes and failures

di3004

Beatlefan wrote: »

Just to say I got an offer from my bank!!

I don't want to post too much, or say who the bank is, or celebrate until I have the cheque, but it's the full PPI back plus interest, so I'm really pleased. I'll post more when this is settled.

Thank you so much to the people on this forum for their help in drafting my letter and all your helpful tips. It's been really appreciated. :A

It's the usual "no admission of liability" letter, gesture of goodwill, etc.

I actually settled my loan a few months ago. In their letter, they say they are:

They have sent me a "declaration and acceptance" form to sign, which states that, if I sign it, I accept their goodwill offer on the basis that such an offer is accepted in full and final settlement of all or any claims I might have against them.

It says that if I sign it, I understand that the offer will take into account any arrears on the loan account. The remaining balance, if any, will then be paid to me by cheque. It says it's possible for my loan account to remain in arrears if the offer is not sufficient to clear the full amount owing on the loan.

As my loan account is paid and has nothing owing, I should be due the full amount they have offered, shouldn't I? :undecided

I rang them and while the person on the phone said they couldn't guarantee it would be that full figure quoted in the letter, without digging out the paperwork, he said the paragraph about arrears is a standard one and usually applies to people whose loans are still running. Mine isn't. So I should get the full amount quoted. I hope that's right.

I might put a covering letter in with the acceptance slip, to say I accept it only if it's the full amount. What do you think? I did send this to the Ombudsman as well several months ago, but as the bank have offered to pay in full, I'm planning to withdraw my complaint and accept the offer - if it's the full amount.

Sorry, I'm probably worrying over nothing. It's just so close to being resolved now, and I don't want anything to spoil this nice feeling! :rotfl:

Thanks again all. :T

WOW, absolutely fantastic :T:j, well done and Congratulations:beer:

And its all yours, do not worry.......:D:beer:. X

Beatlefan

di3004 wrote: »

WOW, absolutely fantastic :T:j, well done and Congratulations:beer:

And its all yours, do not worry.......:D:beer:. X

Thanks Di. :A

It's probably just standard wording. I just didn't want anything to spoil this nice surprise!

di3004

Beatlefan wrote: »

Thanks Di. :A

It's probably just standard wording. I just didn't want anything to spoil this nice surprise!

Your very welcome.

I am so pleased for you, well done!:D:T:beer::j:AXX

hamish222

Got letter from FOS for dh RBS loan and CC saying that Rbs had agreed to full refund and interest. Had originally offered me £750 comp on loan and £2000 part payment on credit card which rejected. Original PPI on loan was single premium of £4500. Will post up figures when receive from RBS. But that is all his accounts settled. Received cheque for over a £1000 from Hsbc. Received cheque for over £3400 from Bank Scotland. Have already received a settlement from RBS for loan of over £3300 which went towards debt last year. All for price around 6 first class stamps in total. Not bad.

di3004

hamish222 wrote: »

Got letter from FOS for dh RBS loan and CC saying that Rbs had agreed to full refund and interest. Had originally offered me £750 comp on loan and £2000 part payment on credit card which rejected. Original PPI on loan was single premium of £4500. Will post up figures when receive from RBS. But that is all his accounts settled. Received cheque for over a £1000 from Hsbc. Received cheque for over £3400 from Bank Scotland. Have already received a settlement from RBS for loan of over £3300 which went towards debt last year. All for price around 6 first class stamps in total. Not bad.

Not bad at all, well done to you!:T
Congratulations!:beer:

robbedofmymoney

:j:j:j:j

it's nice to see so many people are still getting their money back.

long may it continue

:j:j:j:j

amersall

Beatlefan wrote: »

Just to say I got an offer from my bank!!

I don't want to post too much, or say who the bank is, or celebrate until I have the cheque, but it's the full PPI back plus interest, so I'm really pleased. I'll post more when this is settled.

Thank you so much to the people on this forum for their help in drafting my letter and all your helpful tips. It's been really appreciated. :A

It's the usual "no admission of liability" letter, gesture of goodwill, etc.

I actually settled my loan a few months ago. In their letter, they say they are:

They have sent me a "declaration and acceptance" form to sign, which states that, if I sign it, I accept their goodwill offer on the basis that such an offer is accepted in full and final settlement of all or any claims I might have against them.

It says that if I sign it, I understand that the offer will take into account any arrears on the loan account. The remaining balance, if any, will then be paid to me by cheque. It says it's possible for my loan account to remain in arrears if the offer is not sufficient to clear the full amount owing on the loan.

As my loan account is paid and has nothing owing, I should be due the full amount they have offered, shouldn't I? :undecided

I rang them and while the person on the phone said they couldn't guarantee it would be that full figure quoted in the letter, without digging out the paperwork, he said the paragraph about arrears is a standard one and usually applies to people whose loans are still running. Mine isn't. So I should get the full amount quoted. I hope that's right.

I might put a covering letter in with the acceptance slip, to say I accept it only if it's the full amount. What do you think? I did send this to the Ombudsman as well several months ago, but as the bank have offered to pay in full, I'm planning to withdraw my complaint and accept the offer - if it's the full amount.

Sorry, I'm probably worrying over nothing. It's just so close to being resolved now, and I don't want anything to spoil this nice feeling! :rotfl:

Thanks again all. :T

Well done !!:j:j:j and dont worry, it is all yours :D

amersall

hamish222 wrote: »

Got letter from FOS for dh RBS loan and CC saying that Rbs had agreed to full refund and interest. Had originally offered me £750 comp on loan and £2000 part payment on credit card which rejected. Original PPI on loan was single premium of £4500. Will post up figures when receive from RBS. But that is all his accounts settled. Received cheque for over a £1000 from Hsbc. Received cheque for over £3400 from Bank Scotland. Have already received a settlement from RBS for loan of over £3300 which went towards debt last year. All for price around 6 first class stamps in total. Not bad.

:j well done :beer: nice one :T:T

alfie26

i sent lloyds the fos complaint form last week about missold ppi on a loan ...

i recieved a letter on monday to say they recieved my letter and were looking into the complaint and had 8 weeks to investigate...

i recieved a letter today to say they would uphold my complaint and refund ppi premiums paid and 8% interest :T:T:T

this must be some sort of a record knowing what lloyds are like...

mind you they have not said how much or how long it will be before i get paid...
thanks to all who have helped:beer::beer::beer:

KIMY

Well done Alfie, can you remember if you sent your complaint to office in Wales or Birmingham
:beer: