PPI Reclaiming successes and failures

grinch76

Congratulations to all who have been sucessful, I have had a barclaycard since 2001 and was paying PPI until recently. I have since tried to reclaim the PPI and cancelled the policy. Barclaycard have cancelled my policy, however they are refusing to payput becuase they say I had 14 days to opt out. They have advised me I can appeal to the omunsdman, but is it worth it or shall I just give up now???????????????????????????????????????? Any suggestions, because they seem to have me over a barrel?:mad::mad::mad::mad::mad:

allansa

What were you reclaiming:

Mortgage PPI insurance
Who was the provider:

Alliance Leicester Now Santander

How much did you get back:

£2500+

Did you get it back after a letter or did you go to the Financial Ombudsman: Actually I called 0845 600 6014 option 3, 3 again
And then write your brief reclaim tale: I called them and asked to log a complain about mis-sold ppi insurance for my mortgage and given them the details, I said that I was mis-sold PPI insurance for my mortgage, and feel that I had to take out the insurance at the time in order to get the mortgage (this was in 2006) and I asked that I wanted this to be refunded and known that recently Alliance and Leicester was hit with a fine of £7 million for miss selling.

I got an offer within a 2 weeks of making the complain via phone, didn't even bother writing a letter but I had the letter ready.

di3004

grinch76 wrote: »

Congratulations to all who have been sucessful, I have had a barclaycard since 2001 and was paying PPI until recently. I have since tried to reclaim the PPI and cancelled the policy. Barclaycard have cancelled my policy, however they are refusing to payput becuase they say I had 14 days to opt out. They have advised me I can appeal to the omunsdman, but is it worth it or shall I just give up now???????????????????????????????????????? Any suggestions, because they seem to have me over a barrel?:mad::mad::mad::mad::mad:

Hi there
Nooooooooo don't give up, that's what they want you to do.

If they said it was the final decision and suggested the FOS, then do go this direction.
Even if you did have 14 days to opt out so what?? the point is with your reasons you have they mis sold the ppi to you.

I used to think that if i cancelled then I would have to repay the whole lot back, because it was not discussed with me when it was sold to me.
So do keep on with this.;)

di3004

allansa wrote: »

What were you reclaiming:

Mortgage PPI insurance
Who was the provider:

Alliance Leicester Now Santander

How much did you get back:

£2500+

Did you get it back after a letter or did you go to the Financial Ombudsman: Actually I called 0845 600 6014 option 3, 3 again
And then write your brief reclaim tale: I called them and asked to log a complain about mis-sold ppi insurance for my mortgage and given them the details, I said that I was mis-sold PPI insurance for my mortgage, and feel that I had to take out the insurance at the time in order to get the mortgage (this was in 2006) and I asked that I wanted this to be refunded and known that recently Alliance and Leicester was hit with a fine of £7 million for miss selling.

I got an offer within a 2 weeks of making the complain via phone, didn't even bother writing a letter but I had the letter ready.

Well done to you!:T:j Congratulations!:beer:

carolyn1811

Good Morning All
Since the banks backed down from the court case I have given HSBC untill now to make contact with me regarding this PPI issue I have with HSBC, I last spoke to them on 7th April and was told that a decision was imminent...etc etc so await a letter from the legal team. Well, I understand they now will have a large job to do so how long do you suggest I wait to hear from the HSBC bank regards this matter??
I have the reference number which I presume means that i am further up the pile than others who have only just put in a claim, so do you think I should give them a call and jog their memory and hopefully get some sort of clarification as to where they are with my claim.
Many thanks
Carolyn

di3004

carolyn1811 wrote: »

Good Morning All
Since the banks backed down from the court case I have given HSBC untill now to make contact with me regarding this PPI issue I have with HSBC, I last spoke to them on 7th April and was told that a decision was imminent...etc etc so await a letter from the legal team. Well, I understand they now will have a large job to do so how long do you suggest I wait to hear from the HSBC bank regards this matter??
I have the reference number which I presume means that i am further up the pile than others who have only just put in a claim, so do you think I should give them a call and jog their memory and hopefully get some sort of clarification as to where they are with my claim.
Many thanks
Carolyn

Good morning Carolyn

Yes no harm done, contact them and ask them if they are able to give you a timescale on when you should expect to hear of a decision.
Keep at them, and good luck.;)

Pompeymac

What were you reclaiming:

Credit Card PPI

Who was the provider:

MBNA

How much did you get back:

Total PPI back to Dec 99 when I took out the card £5336.90
Total interest associated with PPI Premiums £4922.30
8% Interest £34.97

Total amount payable £10294.17
This was credited to my card immediately clearing it and the balance is coming to me in a cheque format.

What did I do?
16th June 2010; Followed the steps form this website used the downloadable letter template and requested a list of insurance charges.

30th June; Confirmation that they had received my first letter.

26th July; Received the full list of insurances charges, a shocker!

27th July; Downloaded and completed the form from this website and sent it off.

7th Sept; Letter advising my claim was being looked at and would contact me within 28 days.

27th Sept; Letter apologising for delay and would contact by the 25th Oct.

20th Oct; Letter advising all claims on hold pending legal fight.

25th Oct; Letter advising my claim still not sorted and that I could contact the FSO if I wished, I decided to sit tight as my thinking was my claim might be in a queue and didn't want to join a new one with the FSO as I expected a lot of people to contact them.

There was now a long silence and with work commitments and Christmas it dropped off my radar also.

23rd May 2011, Letter advising my claim had been upheld in my favour.

25th May 2011, Letter advising me the above financials and that my PPI had been cancelled a bit like this card once I get my money back.

It took the best part of a year and I have accepted their offer which wipes out my biggest debt completely with cash coming back.

Found the process painless and easy thanks to the info on this site.
:j:rotfl::j

di3004

Pompeymac wrote: »

What were you reclaiming:

Credit Card PPI

Who was the provider:

MBNA

How much did you get back:

Total PPI back to Dec 99 when I took out the card £5336.90
Total interest associated with PPI Premiums £4922.30
8% Interest £34.97

Total amount payable £10294.17
This was credited to my card immediately clearing it and the balance is coming to me in a cheque format.

What did I do?
16th June 2010; Followed the steps form this website used the downloadable letter template and requested a list of insurance charges.

30th June; Confirmation that they had received my first letter.

26th July; Received the full list of insurances charges, a shocker!

27th July; Downloaded and completed the form from this website and sent it off.

7th Sept; Letter advising my claim was being looked at and would contact me within 28 days.

27th Sept; Letter apologising for delay and would contact by the 25th Oct.

20th Oct; Letter advising all claims on hold pending legal fight.

25th Oct; Letter advising my claim still not sorted and that I could contact the FSO if I wished, I decided to sit tight as my thinking was my claim might be in a queue and didn't want to join a new one with the FSO as I expected a lot of people to contact them.

There was now a long silence and with work commitments and Christmas it dropped off my radar also.

23rd May 2011, Letter advising my claim had been upheld in my favour.

25th May 2011, Letter advising me the above financials and that my PPI had been cancelled a bit like this card once I get my money back.

It took the best part of a year and I have accepted their offer which wipes out my biggest debt completely with cash coming back.

Found the process painless and easy thanks to the info on this site.
:j:rotfl::j

Brilliant!:T:j Congratulations!:beer: Great work!:T

moomoo4444

:beer::T:j
Well done you

adypearson

Hi there. I recently run into an old work colleague who told me he is now working for a PPI claims handling company. He convinced me to let them claim back the PPI from my old bank loans which he told me could total around £2500. After reading all the info on this website I'm kind of regretting not doing it myself, as his company will take 20% of any refund I'm given from my bank (potentially £500).
Is it too late to stop them from handling my claim, all I've received so far is a letter from them saying that they have started the process.