PPI Reclaiming successes and failures

katekat

1 PPI Success:

• What were you reclaiming: loan
• Who was the provider: LloydsTSB
• How much did you get back: Ł548
• Did you get it back after a letter or did you go to the Financial Ombudsman: After 1st letter
  
• And then write your brief reclaim tale: Just followed the instructions from here!

2 PPI Success:

• What were you reclaiming: loan
• Who was the provider: Cygnet Finance
  
• How much did you get back: Ł148
• Did you get it back after a letter or did you go to the Financial Ombudsman: After 2nd letter
  
• And then write your brief reclaim tale: Just followed the instructions from here!

marshallka

katekat wrote: »

1 PPI Success:

• What were you reclaiming: loan
• Who was the provider: LloydsTSB
• How much did you get back: Ł548
• Did you get it back after a letter or did you go to the Financial Ombudsman: After 1st letter
  
• And then write your brief reclaim tale: Just followed the instructions from here!

2 PPI Success:

• What were you reclaiming: loan
• Who was the provider: Cygnet Finance
  
• How much did you get back: Ł148
• Did you get it back after a letter or did you go to the Financial Ombudsman: After 2nd letter
  
• And then write your brief reclaim tale: Just followed the instructions from here!

Well done:T

amersall

katekat wrote: »

1 PPI Success:

• What were you reclaiming: loan
• Who was the provider: LloydsTSB
• How much did you get back: Ł548
• Did you get it back after a letter or did you go to the Financial Ombudsman: After 1st letter
  
• And then write your brief reclaim tale: Just followed the instructions from here!

2 PPI Success:

• What were you reclaiming: loan
• Who was the provider: Cygnet Finance
  
• How much did you get back: Ł148
• Did you get it back after a letter or did you go to the Financial Ombudsman: After 2nd letter
  
• And then write your brief reclaim tale: Just followed the instructions from here!

Congrats :j:money:

di3004

katekat wrote: »

1 PPI Success:

• What were you reclaiming: loan
• Who was the provider: LloydsTSB
• How much did you get back: Ł548
• Did you get it back after a letter or did you go to the Financial Ombudsman: After 1st letter
  
• And then write your brief reclaim tale: Just followed the instructions from here!

2 PPI Success:

• What were you reclaiming: loan
• Who was the provider: Cygnet Finance
  
• How much did you get back: Ł148
• Did you get it back after a letter or did you go to the Financial Ombudsman: After 2nd letter
  
• And then write your brief reclaim tale: Just followed the instructions from here!

Well done to you.:T:beer::j

courtneyjohnsteve

Hi,

I hope this helps someone to stick with it when reclaiming. I sent my first letter out on 19th March this year to try and reclaim the PPI which I genuinely believed I had been conned into taking. I got a reply in May telling me that it was all above board and had been sold correctly. I then sent the second letter off on 3rd June threatening the financial ombudsman. Well we won! I received a letter on 14th July giving me a full refund of the insurance premium of £20,326.70p plus interest on the premium to date. I also received a cheque this month for £4,278.83p "in order to put your account in the position it would be if the insurance had not been taken"

My advice is to follow in detail every bit advice given on this web site and don't give in.....good luck:beer:

only_mee

Nearly 25k?
Damn is that the record for the most claimed?

di3004

courtneyjohnsteve wrote: »

Hi,

I hope this helps someone to stick with it when reclaiming. I sent my first letter out on 19th March this year to try and reclaim the PPI which I genuinely believed I had been conned into taking. I got a reply in May telling me that it was all above board and had been sold correctly. I then sent the second letter off on 3rd June threatening the financial ombudsman. Well we won! I received a letter on 14th July giving me a full refund of the insurance premium of £20,326.70p plus interest on the premium to date. I also received a cheque this month for £4,278.83p "in order to put your account in the position it would be if the insurance had not been taken"

My advice is to follow in detail every bit advice given on this web site and don't give in.....good luck:beer:

Well done to you :T:j & Congratulations! :beer:

Thanks for the advice as well, cheers.:beer:

reecos

Hello all

Preparing to make a claim against HSBC. Just wondered if there was a good succes rate of claiming against them (would love to have time to trawl through the 533 pages of this thread but sadly have not).

Just wondered if someone had been following the thread they could let me know.

Cheers

di3004

reecos wrote: »

Hello all

Preparing to make a claim against HSBC. Just wondered if there was a good succes rate of claiming against them (would love to have time to trawl through the 533 pages of this thread but sadly have not).

Just wondered if someone had been following the thread they could let me know.

Cheers

Hi there

Like them all really, there can be huge amounts of success as much as rejects, but just keep at them is best.

But since the FSA have reported about banks rejecting huge amounts of complaints, it seems there have been more success in the last few months.
The FSA are punishing banks for rejecting genuine complaints and for not investigating complaints properly, so if you have a case then go for it.

Just complete the FOS questionnaire, this is in replacement of the first template letter, if you want to write a cover letter to enclose with the questionnaire - that is up to you of course.
Then send to whoever set up/sold you the policy.

Remember to keep copies in case you need to refer to it at some point.
They have 8 weeks to respond, sometimes they write to ask for more time, if they do they generally give you a timescale of when you should hear of a decision, this is okay.

And post by recorded delivery.

You will come across the FOS questionnaire on the added link, further down the page as Stage one.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

Hope this helps, please keep us posted and ask for help anytime too, good luck.;)

Anna*_2-2

Just wanted to thank the lovely people on this forum once again for all your help. Just got another £1,000 back in my pocket on an old loan. :j It took 5 weeks from start to finish to reclaim this back. I am really chuffed.

You guys are wonderful
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