PPI Reclaiming successes and failures

RoyBoy1983

Hello all I just wanted to get a feel for some timescales and success rate of dealing with HSBC.

As of today 01/10/08 I'm entering week 7 of 8 in my quest for getting PPI reclaimed.

If you've had a success with HSBC or are still going through the motions I'd love to know how long it took/how long you've been in the process of reclaiming.

Look forward to hearing from you.

Roy

WEZZY2

RoyBoy1983 wrote: »

Hello all I just wanted to get a feel for some timescales and success rate of dealing with HSBC.

As of today 01/10/08 I'm entering week 7 of 8 in my quest for getting PPI reclaimed.

If you've had a success with HSBC or are still going through the motions I'd love to know how long it took/how long you've been in the process of reclaiming.

Look forward to hearing from you.

Roy

My 1st letter was sent in November last year
REJECTED
Sent 2nd letter December last year
REJECTED
Went to the FO January this year.

Still awaiting to be assigned an adjudicator !

Very frustrating but if it works. It'll be worth it !

Good Luck

RoyBoy1983

Thanks for that Wezzy.

I claimed bank charges back from them last June with no need to go to the FSO, so here's hoping.

I've been dealing peronally with the complaints team manager on this as they were very poor in responding to my original letter.

Thanks again

billybobberyl

hopefully this will bring hope to the previous posts about hsbc.
wrote letter 12 weeks ago, after 8 weeks recieve standard we are investigating and require further 4 weeks.
Recieved letter today offering £1647.14
this is return of ppi premiums paid so far including interest plus early repayment penalties for having loan restructured.
:j :j :j
Very happy and i also didnt believe it would happen but am now going back to the others who ignored me and persevere as it can happen. so good luck guys and thanks martin

RoyBoy1983

Thanks billybobberyl,

was the amount paid onto your loan or in cash?

RoyBoy

billybobberyl

sent acceptance letter today, money going into current account.
am using it to pay off 3 higher interest debts so am glad it was not off the loan actually.

owls57

Hi

Had another success with HSBC for a loan I took out in December 2003, did not have any details & had to write to them for a copy of my policy, they have upheld my complaint & have agreed to pay back £5,891.79 and I didn't need to go to the FO this time. With the £7,200 they paid me back earlier this year for another loan the total is over £13,000 what a success!!!

Thanks Martin for all the advise on this site.

marshallka

owls57 wrote: »

Hi

Had another success with HSBC for a loan I took out in December 2003, did not have any details & had to write to them for a copy of my policy, they have upheld my complaint & have agreed to pay back £5,891.79 and I didn't need to go to the FO this time. With the £7,200 they paid me back earlier this year for another loan the total is over £13,000 what a success!!!

Thanks Martin for all the advise on this site.

Great news here and gives incentives to all reclaiming on older loans too.:j :beer:

angelwillow

Some success at last!
Sent letter to Creations about my Adams store card to be told it wasn't them who sold the insurance so I emailled the company direct who did. Several emails later including a letter from my GP and they said no - so I asked if this was their final response. They said they would only give a final response if FOS asked for one,so I asked FO to send a letter on my behalf.
Just received a letter - not from FO - offering full amount of £667.90!
No interest but I'm happy since it only took a couple of months and I thought I was in for a long fight. :j

Just awaiting cheque now so fingers crossed it won't be too long so I can get my car fixed!

graham27_2

Just got a letter from Barclays after eleven weeks they have put me back into the position I would have been had I not had PPI two years ago.
So took all the PPI off my loan plus the intrest I had paid plus they debited my account with £140 being the 8% statutory intrest I claimed.
Reason given by them QUOTE an element of doubt that I would not fully benefit from the policy .
BIG THANKS TO THE SITE :T