PPI Reclaiming successes and failures

Tofty

Hi Dizzy Di
That was a quick response!
Im sure i took the PPI because i thought i wouldnt get the card if i didnt. ( i was only 20 and didnt know any better! )

Do you know if i go down the 12 days £1 route if they will tell me how much i have paid in PPI in total ?
As i only have the last 2 years or so statements i have no idea how much i could claim for. Is that what you mean by requesting a SAR for more information ?
As i mentioned at the top of my last post, i have sent a letter asking for details on charges to my card. Any idea if the PPI information would be on this?

Thanks again !
Tofty

di3004

Tofty wrote: »

Hi Dizzy Di
That was a quick response!
Im sure i took the PPI because i thought i wouldnt get the card if i didnt. ( i was only 20 and didnt know any better! )

Do you know if i go down the 12 days £1 route if they will tell me how much i have paid in PPI in total ?
As i only have the last 2 years or so statements i have no idea how much i could claim for. Is that what you mean by requesting a SAR for more information ?
As i mentioned at the top of my last post, i have sent a letter asking for details on charges to my card. Any idea if the PPI information would be on this?

Thanks again !
Tofty

Hiya

Your very welcome lol.

The agreement would only show if ppi was taken out, not what have been paid up to date etc.

A SAR supplies more information on the account, so basically any insurance taken out, this should be disclosed as well, maybe with what is left owing etc.
SAR's can vary though, but should enclose more details than just the agreement itself.

I would assume ppi would be added to the charges as well, but otherwise if you get the chance tell them you want to know the balance as a breakdown which includes the ppi, hopefully they will supply this without the need of having to go the SAR route.

I know its good to know what is due back, but you can still make a reclaim without the calculations, then if you succeed, you are then in your right to request they send you a written full details breakdown on the account, to make sure nothing is missed.;)

Tofty

di3004 wrote: »

Hiya

Your very welcome lol.

The agreement would only show if ppi was taken out, not what have been paid up to date etc.

A SAR supplies more information on the account, so basically any insurance taken out, this should be disclosed as well, maybe with what is left owing etc.
SAR's can vary though, but should enclose more details than just the agreement itself.

I would assume ppi would be added to the charges as well, but otherwise if you get the chance tell them you want to know the balance as a breakdown which includes the ppi, hopefully they will supply this without the need of having to go the SAR route.

I know its good to know what is due back, but you can still make a reclaim without the calculations, then if you succeed, you are then in your right to request they send you a written full details breakdown on the account, to make sure nothing is missed.;)

Thanks for another quick reply !
Il send a copy of the first template with £1 and ask for PPI information to be included and see what info i get back.

Thanks once again, you make this even easier !:)

di3004

Tofty wrote: »

Thanks for another quick reply !
Il send a copy of the first template with £1 and ask for PPI information to be included and see what info i get back.

Thanks once again, you make this even easier !:)

Its my pleasure, and good luck.

Please keep us posted, we look forward to hearing from you, cheers.;)

Tofty

di3004 wrote: »

Its my pleasure, and good luck.

Please keep us posted, we look forward to hearing from you, cheers.;)

Will do....keep up the good work. The site and the contributers are fantastic ! Cheers.
:T

di3004

Tofty wrote: »

Will do....keep up the good work. The site and the contributers are fantastic ! Cheers.
:T

Aww thank you.:A:beer: xx

fistral

Hi again,
Not sure if you could shed any light on this but cant find a business loan section but after trying to claim back misold PPI I was wondering about a business loan I took out in 2002 with my brother to help buy a garage and was hoping you could shed some light on it. We borrowed 25,000 in Oct 2002 and the loan was set up where we paid 335 per month and the interest was added every month. The bank manager told us we had to have insurance on the loan and we found out from our accountant that it was added to the loan amount and as such we have paid interest on that too. now the insurance was 4,800 making the loan total 29,800, we have been paying this loan now for ove 8 years about 31,600 in total and still owe 7,500. We were never given any paperwork and still not sure what the insurance covered to be honest, we were just happy to be able to buy the business. looking back now though it seems a lot of money and more so as we have probibly paid about about 7 or 8,000 in the end for the insurance with the interest and was wondering should I write and ask for the details and agreements as this would be a case of misselling under PPI conditions. Are there different rules for business loans. Sorry that this is not on the right board but cant find anywhere to put it.
Thanks any advice would be appriciated.

qmpete

Just received a cheque from Egg for around £2500 for missold PPI. It took a while (around 9 months from my original complaint), but certainly worth it.

The FOS ended up negotiating a figure with Egg in order to avoid the time and cost of doing a full investigation. Ok, if I'd asked for a full investigation I may have got a little more out of them in statutory interest, but I felt the figure was reasonable so accepted.

A few delaying tactics met along the way, but from what I've read 9 months is not a bad wait for a successful outcome.

Thanks MSE for guiding me through the process.
:beer:

amersall

qmpete wrote: »

Just received a cheque from Egg for around £2500 for missold PPI. It took a while (around 9 months from my original complaint), but certainly worth it.

The FOS ended up negotiating a figure with Egg in order to avoid the time and cost of doing a full investigation. Ok, if I'd asked for a full investigation I may have got a little more out of them in statutory interest, but I felt the figure was reasonable so accepted.

A few delaying tactics met along the way, but from what I've read 9 months is not a bad wait for a successful outcome.

Thanks MSE for guiding me through the process.
:beer:

:j:jWell done :money: good result :T:T

liam12779

Got a letter from Lloyds today, £2000!!!!!!!! And still 3 more claims to go!!!