PPI Reclaiming successes and failures

di3004

badlydrawngirl wrote: »

I saw Martin Lewis on Daybreak in September last year urging folks to recalim the ppi on their credit cards.
I looked at my Virgin (MBNA) statements and realised I had been charged this EVENTHOUGH I HAD NEVER ASKED FOR IT TO BE ADDED and never gave my authority to do so.

So, I downloaded the forms available on this site to claim the ppi back and sent them off on 23rd September 2010 to MBNA Bank (who were running Virgin Money at the time).
I received an acknowlegement letter within a few weeks stating they would look at my case and expect a response within a set period of time (sorry, can't remember how long and can't find the letter, it wasn't a long time).

Received another letter saying they were very busy and wanted a little more time to look into the matter, but adding they would let me know results of my claim within the next 3 weeks.

Exactly 3 weeks later I received a letter of (in my opinion) complete "legal-speak" of which I did not understand a word.
Basically it said they were waiting until the court decided whether they HAD to acknowlege legitimate claims.

I was rather disappointed to say the least.
I decided to just leave it.

This morning I received a letter stating my claim was valid. I am entitled to over £1000 (this includes about £388 interest earned on the amount they "stole" from me. They have paid off my current balance of just over £165 (I still use the card regularly) and will send the a cheque for the balance withn 28 days.

The letter also says I may be due more money in the future are there is another court battle in progress (it doesn't say what).

So in a nutshell it has taken just over 7 months to get my money back and I only had to fill in Martin's pre-prepared form and send it to my card provider.

THANKS SO MUCH MARTIN !

Absolutely well done!:beer:

Footiemad_2

badlydrawngirl wrote: »

I saw Martin Lewis on Daybreak in September last year urging folks to recalim the ppi on their credit cards.
I looked at my Virgin (MBNA) statements and realised I had been charged this EVENTHOUGH I HAD NEVER ASKED FOR IT TO BE ADDED and never gave my authority to do so.

So, I downloaded the forms available on this site to claim the ppi back and sent them off on 23rd September 2010 to MBNA Bank (who were running Virgin Money at the time).
I received an acknowlegement letter within a few weeks stating they would look at my case and expect a response within a set period of time (sorry, can't remember how long and can't find the letter, it wasn't a long time).

Received another letter saying they were very busy and wanted a little more time to look into the matter, but adding they would let me know results of my claim within the next 3 weeks.

Exactly 3 weeks later I received a letter of (in my opinion) complete "legal-speak" of which I did not understand a word.
Basically it said they were waiting until the court decided whether they HAD to acknowlege legitimate claims.

I was rather disappointed to say the least.
I decided to just leave it.

This morning I received a letter stating my claim was valid. I am entitled to over £1000 (this includes about £388 interest earned on the amount they "stole" from me. They have paid off my current balance of just over £165 (I still use the card regularly) and will send the a cheque for the balance withn 28 days.

The letter also says I may be due more money in the future are there is another court battle in progress (it doesn't say what).

So in a nutshell it has taken just over 7 months to get my money back and I only had to fill in Martin's pre-prepared form and send it to my card provider.

THANKS SO MUCH MARTIN !

Fabuuulous. Well done.:T:T:money:

amersall

badlydrawngirl wrote: »

I saw Martin Lewis on Daybreak in September last year urging folks to recalim the ppi on their credit cards.
I looked at my Virgin (MBNA) statements and realised I had been charged this EVENTHOUGH I HAD NEVER ASKED FOR IT TO BE ADDED and never gave my authority to do so.

So, I downloaded the forms available on this site to claim the ppi back and sent them off on 23rd September 2010 to MBNA Bank (who were running Virgin Money at the time).
I received an acknowlegement letter within a few weeks stating they would look at my case and expect a response within a set period of time (sorry, can't remember how long and can't find the letter, it wasn't a long time).

Received another letter saying they were very busy and wanted a little more time to look into the matter, but adding they would let me know results of my claim within the next 3 weeks.

Exactly 3 weeks later I received a letter of (in my opinion) complete "legal-speak" of which I did not understand a word.
Basically it said they were waiting until the court decided whether they HAD to acknowlege legitimate claims.

I was rather disappointed to say the least.
I decided to just leave it.

This morning I received a letter stating my claim was valid. I am entitled to over £1000 (this includes about £388 interest earned on the amount they "stole" from me. They have paid off my current balance of just over £165 (I still use the card regularly) and will send the a cheque for the balance withn 28 days.

The letter also says I may be due more money in the future are there is another court battle in progress (it doesn't say what).

So in a nutshell it has taken just over 7 months to get my money back and I only had to fill in Martin's pre-prepared form and send it to my card provider.

THANKS SO MUCH MARTIN !

Congrats :j:j:money:

Gareth_Darke

Hey All

I have been waiting two years for NatWest to sort my PPI out. Still nothing. £7K they owe me the thieving sods, FOS have ruled in our favour as well. JR has held everything up.

However, one letter to Egg on th 20th April this year, recieved a cheque for £1127.50 this morning. Result. I'm off down the pub.

I suggest everyone claims where they think they have been mis-sold.

Gareth

di3004

Gareth_Darke wrote: »

Hey All

I have been waiting two years for NatWest to sort my PPI out. Still nothing. £7K they owe me the thieving sods, FOS have ruled in our favour as well. JR has held everything up.

However, one letter to Egg on th 20th April this year, recieved a cheque for £1127.50 this morning. Result. I'm off down the pub.

I suggest everyone claims where they think they have been mis-sold.

Gareth

Hi Gareth

Well done on your EGG success!:beer: enjoy your drink, well deserved.;)

Hope your other case moves on very soon, good luck.

amersall

Gareth_Darke wrote: »

Hey All

I have been waiting two years for NatWest to sort my PPI out. Still nothing. £7K they owe me the thieving sods, FOS have ruled in our favour as well. JR has held everything up.

However, one letter to Egg on th 20th April this year, recieved a cheque for £1127.50 this morning. Result. I'm off down the pub.

I suggest everyone claims where they think they have been mis-sold.

Gareth

Brill Gareth :beer::beer: have a drink for me too

Munro_Bagger

amersall wrote: »

Not 100% sure on this, but take a look here
http://www.moneysavingexpert.com/reclaim/bank-charges
Scroll down the page to the bank charges calculator,this works out the 8%, you put in the date and amount of ppi and this totals as you do each ppi payment. Hope this helps.

Thanks so much amersall - using the statements we have (which are missing around 4 months of PPI), we have a total PPI of £628.16, which using the calculator comes to £290.98 interest. Brilliant!:)

Munro_Bagger

Gareth_Darke wrote: »

Hey All

I have been waiting two years for NatWest to sort my PPI out. Still nothing. £7K they owe me the thieving sods, FOS have ruled in our favour as well. JR has held everything up.

However, one letter to Egg on th 20th April this year, recieved a cheque for £1127.50 this morning. Result. I'm off down the pub.

I suggest everyone claims where they think they have been mis-sold.

Gareth

Well done! :beer: I also sent in a claim to Egg on the same day as you, and received an offer yesterday! Must be something in the water.....:D

Mrsbowbow

Hi I am tring to work out what money I will get after a success claim against Northern Rock
I have phoned them to ask but they said it's not been worked out yet!!!!!!
They have told me they will refund all premiums and interest paid plus 8% so here's what I have so far:-

Paid PPI for 14 months of £35.46 with an APR of 5.8%

Paid PPI for 10 months of 28.91 with an APR of 5.6%

Paid PPI for 53 months of £45.91 with an APR of 11.9%
so all that plus 8% ( not quite sure how they work it out)

Any ideas of roughly how much I'll get back as I'm terrible at maths

di3004

Mrsbowbow wrote: »

Hi I am tring to work out what money I will get after a success claim against Northern Rock
I have phoned them to ask but they said it's not been worked out yet!!!!!!
They have told me they will refund all premuims and interest paid plus 8% so here's what I have so far:-

Paid PPI for 14 months of £35.46 with an APR of 5.8%

Paid PPI for 10 months of 28.91 with an APR of 5.6%

Paid PPI for 53 months of £45.91 with an APR of 11.9%
so all that plus 8% ( not quite sure how they work it out)

Any ideas of roughly how much I'll get back as I'm terrible at months

Hi there

LOL I'm not good at working out figures either unfortunately:o lol, but there are some on here who are, and hopefully will be here at some point to check this out for you.
I understand they have to pay interest to date as well which soon adds up.;)