PPI Reclaiming successes and failures

Dizzywithmoney

Just another question - I am trying to sort all my PPI stuff out and things keep "popping up"!

We had a loan from AA loans, and definitely had PPI insurance on this loan. We paid it off in full in 2008. I therefore sent off one of the template forms on here off to the Co-operative Bank as I beleive they are actually AA loans. I sent this recorded delivery, to be signed for, and they received this on 19th April. I still havent had any response to this at all, not even an acknowledgement. I dont really know what to do next, should I wait for the 8 weeks to be up or do you think I should contact them again?

Has anyone else had dealings with AA loans, or Co-operative Bank? How are they at paying up does any one know?

di3004

Dizzywithmoney wrote: »

Just another question - I am trying to sort all my PPI stuff out and things keep "popping up"!

We had a loan from AA loans, and definitely had PPI insurance on this loan. We paid it off in full in 2008. I therefore sent off one of the template forms on here off to the Co-operative Bank as I beleive they are actually AA loans. I sent this recorded delivery, to be signed for, and they received this on 19th April. I still havent had any response to this at all, not even an acknowledgement. I dont really know what to do next, should I wait for the 8 weeks to be up or do you think I should contact them again?

Has anyone else had dealings with AA loans, or Co-operative Bank? How are they at paying up does any one know?

Hiya

Maybe email them, the Chief Executive (CEO) email here.....
[EMAIL="neville.richardson@cfs.coop"]neville.richardson@cfs.coop[/EMAIL]

http://www.co-operativebank.co.uk/servlet/Satellite/1304665649735,CFSweb/Page/CFSCtplStandard?WT.svl=copy

Hope they get back to you now after the bank holiday, good luck.

jax2010

Success story!! :-)
I took out a loan of £7k from Santander in May 2008 to buy a car. Sold the car in May 2010 and paid off the loan. Santander wrote to me a couple of times asking me if I wished to make a complaint re. mis-selling of PPI and subsequent to the recent publicity in the media re. mis-selling, I decided to see if I had a case.

I printed off the template form from this website, completed it, popped it in the post. I received a written offer within 2 weeks of sending the form! They've offered me £1,639 which comprises a refund of all the monthly premiums, a rebate adjustment and interest at 8%.

Result! Happy bunny :-) Big-up for Santander, no quibbles, they just got on with it efficiently and remarkably quickly.

They have told me I could go further and refer my complaint to the ombudsman and they sent me an explanatory leaflet. However, I am happy to settle so will be signing and returning the offer letter asap.

amersall

:j:j:j:j Well done and congrats :T:T

di3004

jax2010 wrote: »

Success story!! :-)
I took out a loan of £7k from Santander in May 2008 to buy a car. Sold the car in May 2010 and paid off the loan. Santander wrote to me a couple of times asking me if I wished to make a complaint re. mis-selling of PPI and subsequent to the recent publicity in the media re. mis-selling, I decided to see if I had a case.

I printed off the template form from this website, completed it, popped it in the post. I received a written offer within 2 weeks of sending the form! They've offered me £1,639 which comprises a refund of all the monthly premiums, a rebate adjustment and interest at 8%.

Result! Happy bunny :-) Big-up for Santander, no quibbles, they just got on with it efficiently and remarkably quickly.

They have told me I could go further and refer my complaint to the ombudsman and they sent me an explanatory leaflet. However, I am happy to settle so will be signing and returning the offer letter asap.

Fantastic!:T Congratulations!:beer:

Iain1983

jax2010 wrote: »

Success story!! :-)
I took out a loan of £7k from Santander in May 2008 to buy a car. Sold the car in May 2010 and paid off the loan. Santander wrote to me a couple of times asking me if I wished to make a complaint re. mis-selling of PPI and subsequent to the recent publicity in the media re. mis-selling, I decided to see if I had a case.

I printed off the template form from this website, completed it, popped it in the post. I received a written offer within 2 weeks of sending the form! They've offered me £1,639 which comprises a refund of all the monthly premiums, a rebate adjustment and interest at 8%.

Result! Happy bunny :-) Big-up for Santander, no quibbles, they just got on with it efficiently and remarkably quickly.

They have told me I could go further and refer my complaint to the ombudsman and they sent me an explanatory leaflet. However, I am happy to settle so will be signing and returning the offer letter asap.

Wow, well done. I wish all banks were this quick. Note to Barclays, get your finger out!

h0pusp0pus

its all a bit hit and miss trying to work out how much money you will get back from these loans isnt it?? ive seen people rewarded post on here that they have won 4000 pounds for a 1200 pound loan and then for a 7000 pound loan only 1600 pounds? whats that all about lol

h0pusp0pus

ahhh ive just re read a few i guess it depends on the length of time you had the loan and paying it off ect ect

di3004

LOL, the interest adds up as well.:D;) And sometimes can work out more than the actual ppi itself.

I always get someone to work out for me, I'm not the one normally to calculate, I will be afraid I've worked it out wrong :D LOL.

boycey01

di3004 wrote: »

LOL, the interest adds up as well.:D;) And sometimes can work out more than the actual ppi itself.

I always get someone to work out for me, I'm not the one normally to calculate, I will be afraid I've worked it out wrong :D LOL.

Hi Di,

So does that actually mean that the older the loan/credit card that you had PPI on, the more interest you will get back? Correct me if i'm wrong!