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PPI Reclaiming successes and failures

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Comments

  • di3004 wrote: »
    Well done:T & Congratulations!:beer:
    Just a thought, the letter says they will reduce my balance (which is okay with me) but out of interest could I ask to be sent a cheque or do I have to accept the balance reduction?
  • di3004
    di3004 Posts: 42,579 Forumite
    Just a thought, the letter says they will reduce my balance (which is okay with me) but out of interest could I ask to be sent a cheque or do I have to accept the balance reduction?


    Hiya
    If there is no arrears, I believe you are in your right to request they send the payment directly to you, I would ask and check, as banks differ from one to the other, the best of luck.;)
    The one and only "Dizzy Di" :D
  • DrSqueeze
    DrSqueeze Posts: 914 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Just a thought, the letter says they will reduce my balance (which is okay with me) but out of interest could I ask to be sent a cheque or do I have to accept the balance reduction?
    If you prefer a cheque, tell them you want a cheque.

    I'd argue that if you hadn't been paying for the PPI, you would have had the use of that money to invest however you chose. It doesn't follow that you would necessarily have paid more off your card balance.

    Plenty of people have savings for emergencies, and still use credit cards.
  • nanna79 wrote: »
    Well done on your win!!! :T:T:T

    Do you mind me asking when you sent your origanal complaint in?

    Nanna79


    Hi,

    Original claim was sent in on the 24th March 2011.

    Paul
  • nanna79
    nanna79 Posts: 35 Forumite
    Hi,

    Original claim was sent in on the 24th March 2011.

    Paul

    Hi Paul

    Thank you. I sent mine in on the 25th Feb so hopefully i will hear something shortly. I emailed the CEO on Saturday so am waiting to hear back!! FIngers crossed

    Nanna:)
  • di3004
    di3004 Posts: 42,579 Forumite
    nanna79 wrote: »
    Hi Paul

    Thank you. I sent mine in on the 25th Feb so hopefully i will hear something shortly. I emailed the CEO on Saturday so am waiting to hear back!! FIngers crossed

    Nanna:)


    Fingers crossed nanna.;) x
    The one and only "Dizzy Di" :D
  • IANC
    IANC Posts: 305 Forumite
    Riggsy1367 wrote: »
    Ooooohh!
    Can't wait to see how much you get offered. Best of luck and can you keep a running total with your updates so we can all get jealous?;)

    Rest assured you guys will be the first to know :D
    di3004 wrote: »
    Hi Ian, sorry for the delay in responding.

    I understand banks differ to one another, but realistically once all resolved, the monthly repayments should be reduced, however I have read that some have had issues where this have not been the case so keep an eye on that just in case.
    But despite that I would assume a cheque would be sent, and maybe the balance reduced as well, because PPI should actually be removed and what you have paid plus interest should come back to you.
    Hope that makes sense.;)

    That also sounds about right in regards of the credit card, if that is higher, then the remaining should be refunded directly to you, plus interest.

    Well in my case, we had a few loans with Lloyds, and one was outstanding, they refunded us directly on the settled accounts and the one outstanding they refunded the amount to that account and we received the interest, also the monthly repayments reduced if I remember correctly, this one was one of the earlier reclaims, but the balance debt was reduced.

    Again with banks working differently I am not too certain on how Halifax works, but if there is anything remaining from any of them once resolved, they should all be refunded directly to you, you should at least receive something back anyway.
    Good luck and with the tyres too, I know they're not cheap:eek: I remember with our Subaru:eek:.

    All crossed here for you though, good luck.:);)

    Cheers Di, pretty much what I expected.

    And yes, my tyres are on an EVO and they are a fortune :(
    I'm a secret crime fighter ;)
  • di3004
    di3004 Posts: 42,579 Forumite
    IANC wrote: »
    Rest assured you guys will be the first to know :D



    Cheers Di, pretty much what I expected.

    And yes, my tyres are on an EVO and they are a fortune :(


    Your welcome.;)

    Crikey:eek: that is going to be dear, nice car though ;)
    The one and only "Dizzy Di" :D
  • nanna79
    nanna79 Posts: 35 Forumite
    di3004 wrote: »
    Fingers crossed nanna.;) x

    Di

    re my email to CEO of MBNA sent on Saturday morning. How long should i wait for a reply before i send him another one?

    Nanna x :)
  • di3004
    di3004 Posts: 42,579 Forumite
    nanna79 wrote: »
    Di

    re my email to CEO of MBNA sent on Saturday morning. How long should i wait for a reply before i send him another one?

    Nanna x :)


    Hi Nanna
    Chase them up today, make them aware you have previously sent them an email on date XX/XX/XXXX and your still waiting for a response, forward the copy of the email you sent to them on Saturday, good luck nanna xx:);)
    The one and only "Dizzy Di" :D
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