PPI Reclaiming successes and failures

di3004

estivez wrote: »

I finally recieved a total of £2,312.63 from Halifax for my unsecured loan PPI mis sold in Sept 2007. They gave me a final letter in February 2010 and then i complained to the FOS. They took a little while to reply and then i got a telephone call from FOS to say that they have recommended that the insurance is taken off and a refund made to me along with 8% interest of the refund. This was then followed by a letter and new loan agreement from Halifax without the PPI. I was paying £210.00 with PPI ( balance now was £9,800.00 and the new loan repayment will be £166.00 without the PPI and with a new loan balance of £6,800.00 with the PPI taken off.

Thankyou so much for all your help here, i would have probably gone to one of these companies that charge 20% plus for the same result. I am really glad i did it myself (with your help of course) and are now telling others to check their loans aswell.

A BIG BIG THANKYOU ONCE AGAIN!!!!!!!!!!!!!!!!!!!!!!!!:rotfl:

Fantastic!:T well done to you and Congratulations!:beer:

di3004

skiversinc wrote: »

My wife took out a £10,000 loan 41/2 years ago with Alliance & Leicester. She already had an existing loan with them, so paid that off & had the balance sent to her. The girl on the phone implied that PPI was beneficial in obtaining the loan. They also didn't take into account the fact that even if my wife was ill or made redundant, we could have still made the repayments. The PPI policy was never really explained to her either.
We recieved a letter from A&L a while ago regarding the sale of the PPI but my wife wasn't quite sure whether her claim would be accepted so she didn't fill out the form. The wording on the form was not designed to have too many people reply, I don't think.

However, after recieving lots of calls from firms offering to reclaim the PPI on her behalf, I decided to look into it. I downloaded the initial form from this website, completed it with her & sent it off.
They replied within 10 days saying "Having considered the available information, we have not been able to establish whether you were provided with sufficient details to allow you to make an informed decision when this policy was taken out. We would like to offer £3184.14 as a refund, including interest, of all the premiums paid for the PPI element of the loan."

This letter was dated 18th October. The claim form was completed & sent off 2 days later. Today, my wife looked at her bank account & found that A&L have been true to their word & the money has been paid into her account.

Tomorrow, she's off to get a settlement figure from A&L for the remaining 6 months repayments & will clear the original debt!

Many thanks to all at MSE for your help, support & gritty determination. Another success for this community!

Thank you all.:T

Brilliant result :T:j, so pleased for you, Congratulations!:beer:

mwt1

BIG THANKS - To Martin and everyone associated with this website.
Your fantastic website has almost enabled me to become debt free and i have been able to assist many friends along the same path.

The guidance given is clear and user friendly. Follow the procedures given, hold your nerve and stick to your gun's.

I have received to date over £9,000 from Barclaycard and Halifax Loans for PPI which was mis-sold. £675.00 from LLoyds TSB and Halifax for Credit Card Charges.

Many more PPI and CC charges are still in the pipeline.

Thank you, Thank you, Thank you

:T:T:T:T:T:T

:beer::beer:

:rotfl::rotfl::rotfl:

mellow_lello

Hello all, we're new to this PPI stuff as we've only just learnt that we were mis-sold the PPI on a £20k Halifax Loan started in Dec 07.

We were told by the person at the Halifax that we would not be accepted for the loan if we did not take the PPI. We did tell them that we wouldnt need it as we both get full sick pay form our jobs and are also covered by medicash for injury and other things but they pushed and pushed that we wouldnt get the loan without the insurance!

I feel sick to the stomach that something that added £6500 to an already huge loan should not have been sold to us!:eek:

Sending our first letter to the Halifax today, recorded delivery so wish us luck x

amersall

estivez wrote: »

I finally recieved a total of £2,312.63 from Halifax for my unsecured loan PPI mis sold in Sept 2007. They gave me a final letter in February 2010 and then i complained to the FOS. They took a little while to reply and then i got a telephone call from FOS to say that they have recommended that the insurance is taken off and a refund made to me along with 8% interest of the refund. This was then followed by a letter and new loan agreement from Halifax without the PPI. I was paying £210.00 with PPI ( balance now was £9,800.00 and the new loan repayment will be £166.00 without the PPI and with a new loan balance of £6,800.00 with the PPI taken off.

Thankyou so much for all your help here, i would have probably gone to one of these companies that charge 20% plus for the same result. I am really glad i did it myself (with your help of course) and are now telling others to check their loans aswell.

A BIG BIG THANKYOU ONCE AGAIN!!!!!!!!!!!!!!!!!!!!!!!!:rotfl:

:j:j:j:jBrilliant :T:TWell done :beer::money:

amersall

mellow_lello wrote: »

Hello all, we're new to this PPI stuff as we've only just learnt that we were mis-sold the PPI on a £20k Halifax Loan started in Dec 07.

We were told by the person at the Halifax that we would not be accepted for the loan if we did not take the PPI. We did tell them that we wouldnt need it as we both get full sick pay form our jobs and are also covered by medicash for injury and other things but they pushed and pushed that we wouldnt get the loan without the insurance!

I feel sick to the stomach that something that added £6500 to an already huge loan should not have been sold to us!:eek:

Sending our first letter to the Halifax today, recorded delivery so wish us luck x

Good luck, fingers crossed for you.

di3004

mellow_lello wrote: »

Hello all, we're new to this PPI stuff as we've only just learnt that we were mis-sold the PPI on a £20k Halifax Loan started in Dec 07.

We were told by the person at the Halifax that we would not be accepted for the loan if we did not take the PPI. We did tell them that we wouldnt need it as we both get full sick pay form our jobs and are also covered by medicash for injury and other things but they pushed and pushed that we wouldnt get the loan without the insurance!

I feel sick to the stomach that something that added £6500 to an already huge loan should not have been sold to us!:eek:

Sending our first letter to the Halifax today, recorded delivery so wish us luck x

The best of luck!

di3004

mwt1 wrote: »

BIG THANKS - To Martin and everyone associated with this website.
Your fantastic website has almost enabled me to become debt free and i have been able to assist many friends along the same path.

The guidance given is clear and user friendly. Follow the procedures given, hold your nerve and stick to your gun's.

I have received to date over £9,000 from Barclaycard and Halifax Loans for PPI which was mis-sold. £675.00 from LLoyds TSB and Halifax for Credit Card Charges.

Many more PPI and CC charges are still in the pipeline.

Thank you, Thank you, Thank you

:T:T:T:T:T:T

:beer::beer:

:rotfl::rotfl::rotfl:

Wow, well done to you!:beer:

amersall

mwt1 wrote: »

BIG THANKS - To Martin and everyone associated with this website.
Your fantastic website has almost enabled me to become debt free and i have been able to assist many friends along the same path.

The guidance given is clear and user friendly. Follow the procedures given, hold your nerve and stick to your gun's.

I have received to date over £9,000 from Barclaycard and Halifax Loans for PPI which was mis-sold. £675.00 from LLoyds TSB and Halifax for Credit Card Charges.

Many more PPI and CC charges are still in the pipeline.

Thank you, Thank you, Thank you

:T:T:T:T:T:T

:beer::beer:

:rotfl::rotfl::rotfl:

:T:T:T:T:T:T:T Well done and congrats :beer::money:

marathon1

Hi, after looking on the site i sent off two questionares to halifax to laim back my PPI on a loan & credit card. Today i received a letter from them that said this:

"My understanding of your complaint is that you are concerned about the way you sold your payment protection insurance on your halifax loan and credit card. If i have misunderstood this please let us know by contacting 0845 601 4034.

Please find enclosed a copy of our complaints leaflet.

your complaint will be dealt with as quickly as possible".

Sorry if i am being dumb but is this the correct procedure & what should i do now?? Thanks for any help.:(