PPI Reclaiming successes and failures

phoenix80

lkcatt wrote: »

Northern Rock (NRAM) sold me an my partner a loan in 2007 for £10000, insisting we couldn't have the loan unless we took out PPI.

After the court ruling and reading the information on here I decided to give reclaiming the PPI a go, as I was certain they had miss-sold it to us.

Not only had they insisted we had the PPI, they tried to say it was important we had it if my partner received a back injury at work (on reading the policy I realised that you couldn't even claim for a back injury as it was one of the claim limitations) and they didn't tell us that even though it was a joint loan the PPI only covered him.

I followed Martin and the Team's instructions and sent in my complaint form on 13 May 2011. I received confirmation yesterday (4 July 2011) that that NRAM are upholding our complaint and will be refunded my premiums and interest amounting to £2338.05 :j - I didn't even need to contact the Ombudsman:T

More importantly we can now afford to finish the loan 12 months early!

I would urge anyone who thinks they may have been miss-sold PPI to do this, it's an easy process if you do it the Money Saving Expert way :rotfl:

:beer::beer:Fantastic well done:beer::beer:

That's about 10 days before I sent my claim to NRAM. Hope I hear from them soon

di3004

Well done to all winners, Congratulations!:T:beer::j

I have been having connections problems, so if I disappear its probably the case again.:eek:

Well done to all, so chuffed for you xx:A:A

cshorters_2

yesterday i recieved a letter from tesco credit card repaying my ppi £2020.00!!! thought i might get £800ish so was well chuffed. now waiting for hfc's response on a loan. i have also now put a claim in on my choice home shopping catalogue as its so easy to do!!

The_Marksman

cshorters wrote: »

yesterday i recieved a letter from tesco credit card repaying my ppi £2020.00!!! thought i might get £800ish so was well chuffed. now waiting for hfc's response on a loan. i have also now put a claim in on my choice home shopping catalogue as its so easy to do!!

:beer::j WELL DONE :j:beer:

GO FOR IT WITH THE OTHERS

WISH YOU LUCK ON THE OTHERS TOO

di3004

cshorters wrote: »

yesterday i recieved a letter from tesco credit card repaying my ppi £2020.00!!! thought i might get £800ish so was well chuffed. now waiting for hfc's response on a loan. i have also now put a claim in on my choice home shopping catalogue as its so easy to do!!

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

di3004

Kuffs1978 wrote: »

Having just read the responses to KLMCM80's post, could the fact that my sis is slightly in arrears be holding it up? That's another gripe I have with GE; they told my sis that once the remaining PPI was removed from the outstanding loan, it would wipe out the arrears and set her straight. Yet once the PPI was taken off, the gits took the figure off the overall balance, so the arrears still stand and since she can only pay an extra £39 a month on top of the £261 she was paying when the PPI was included. That's why I'm wondering if she should write a proposal to pay the £216 each month she would pay if the PPI hadn't been added, with the other £84 be used to clear the arrears. The claims company assured her that any money she received would be minus her arrears which would be paid off before any money was sent to her. But as we are quickly learning, there are very few people you can genuinely trust, and not many appear to know the value of keeping their word.

Hiya

The arrears should not be anything to do with it in my opinion.

And if your sister is in difficulties, a reasonable and affordable monthly arrangement can be made.

Do contact the Claims Regulation in regards of the claims company though, they have dealings with them, they may even chase them up for you.
Although I do not know how claims companies work as such but someone has to control these companies.

Good luck.;)

di3004

lkcatt wrote: »

Northern Rock (NRAM) sold me an my partner a loan in 2007 for £10000, insisting we couldn't have the loan unless we took out PPI.

After the court ruling and reading the information on here I decided to give reclaiming the PPI a go, as I was certain they had miss-sold it to us.

Not only had they insisted we had the PPI, they tried to say it was important we had it if my partner received a back injury at work (on reading the policy I realised that you couldn't even claim for a back injury as it was one of the claim limitations) and they didn't tell us that even though it was a joint loan the PPI only covered him.

I followed Martin and the Team's instructions and sent in my complaint form on 13 May 2011. I received confirmation yesterday (4 July 2011) that that NRAM are upholding our complaint and will be refunded my premiums and interest amounting to £2338.05 :j - I didn't even need to contact the Ombudsman:T

More importantly we can now afford to finish the loan 12 months early!

I would urge anyone who thinks they may have been miss-sold PPI to do this, it's an easy process if you do it the Money Saving Expert way :rotfl:

Thrilled for you!:T:j Well done and Congratulations!:beer:

di3004

patricia50 wrote: »

Just adding a comment about banks sending a breakdown of what they have awarded you. I had two claims for refund of ppi with Lloyds bank. They sent me an acceptance form to return saying they had upheld my claim and I would be refunded all ppi payments and 8% interest. I waited for a while and didn,t hear any more. It was'nt until I was checking online one day that I saw the money had been refunded but I never got any other letter to tell me this or how it was worked out. I'm not complaining though, at least I got it. Just waiting now for claim for ppi refund on two credit cards that I was pressured into (again with Lloyds.) Have had the standard extra time letter which will take me to the end of August, Just waiting now. Congrats to everyone who has had success and good luck to all those waiting.

That is fab :T:j Congratulations!:beer:

I requested for Lloyds to send mine and they did, so if you still require them for future reference contact them, they will send them in the post.:)

chester1976

:jrecieved my settlement letter on 29/06/2011 and payment went into bank today. lloyds tsb £4266, and cleared CC bills for first time in 17 years, thank you everybody on this forum:j
just waiting on response from yorkshire bank loan(not answering my emails)
and RBS cedit card (just had letter extending time scale to 16 weeks)

ArferDaly

chester1976 wrote: »

:jrecieved my settlement letter on 29/06/2011 and payment went into bank today. lloyds tsb £4266, and cleared CC bills for first time in 17 years, thank you everybody on this forum:j
just waiting on response from yorkshire bank loan(not answering my emails)
and RBS cedit card (just had letter extending time scale to 16 weeks)

Great news :T:T:T:T:T:T

I am still waiting on LLoyds,Mint,Egg and Morgan Stanley.

Good luck with the rest of Your claims.

Mark :beer: