PPI Reclaiming successes and failures

HomeJames_3

I have claimed loan PPI from A&L on a loan I took out in 2002 the total that they have offered is £2704.37 this includes interest of 8% I sent a letter 2 weeks ago and they have made an offer already great result!!

sue149

can anyone help how far can you go back to claim a ppl missold and can you claim even if the loan has been paid off

di3004

sue149 wrote: »

can anyone help how far can you go back to claim a ppl missold and can you claim even if the loan has been paid off

Hi Sue
You can try to reclaim on any mis sold PPI but this may get more difficult, for instance the older then this can become difficult.
However it does not make any difference if the loan is still active or settled.

I do know that some have been successful reclaiming PPI from early 2000's, even at 1999, but the most successful reclaims are as from Jan 2005 onwards, but if you don't try you will never know.
I was successful with a 2003 loan and had every penny of the PPI back plus interest.;)

sportage1kia

di3004 wrote: »

Hi Sue
You can try to reclaim on any mis sold PPI but this may get more difficult, for instance the older then this can become difficult.
However it does not make any difference if the loan is still active or settled.

I do know that some have been successful reclaiming PPI from early 2000's, even at 1999, but the most successful reclaims are as from Jan 2005 onwards, but if you don't try you will never know.
I was successful with a 2003 loan and had every penny of the PPI back plus interest.;)

Hi there
You are correct, if you don,t put a claim in you will never know. My loan with PPI was taken out 2002 and I have been successful, by goodwill gesture.
Regards

bloodworm

THANKYOU MARTIN & CO:beer: ,
On oct 20th, after looking at some threads on here i thought that i would chance my luck after taking out a loan with A/LEICESTER in April 2001 for £7k & repaying it in Feb 2004, I completed the template letter and popped it in the post. Job done I thought, not holding out much hope for a reply {my luck doesn`t come easily} then on 4TH NOVEMBER `08, THE LETTER CAME:-
Dear sir, Thank you for telling us your concerns about the PPI policy you took out with A/L, My investigation is now complete. Having considered the information available to me, I am unable to establish that you were provided with sufficient details to be able to make an informed decision when you were recommended to buy this policy. I would like to offer you £2,147.25 as a refund with interest, of all the premiums you have paid for the insurance of your loan.


A. Total monthly premiums £1,431.50
B. Interest on A up until 30 Nov `08 £715.75
C. Total premiums + interest A+B £2,147.25

Today 26 Nov `08 the cheque for £2.147.25 arrived. WHAT A RESULT FOR LESS THAN AN HOURS WORK ON THIS BRILLIANT FORUM. THANKS AGAIN!!!!

mac666_2

• What were you reclaiming: loan
• Who was the provider:halifax
• How much did you get back: ????
• Did you get it back after a letter or did you go to the Financial Ombudsman: one letter!!!!
  
• no amount yet but it only took one letter :T
• second of 3 loans
  

deborah46

mac666 wrote: »

• What were you reclaiming: loan
• Who was the provider:halifax
• How much did you get back: ????
• Did you get it back after a letter or did you go to the Financial Ombudsman: one letter!!!!
• no amount yet but it only took one letter :T
• second of 3 loans

Well done Mac666,

How long did this take?? I am also trying to claim on 3 loans from Halifax and i called yesterday and was told a letter has been posted to me saying they are still investigating this. Please allow them until the 29th Dec!! Wish they would make a decision, as the extra cash would be great for Xmas. Did you phone them on a weekly basis also, as i have read on some forums this speeds thing up.:T

Laini

after a year of being with the FOS gone through 2 adjudicators and then finally an ombudsman
we received a cheque for 10556.42
all I can say is dont give up and a big big thank for the services of the FINANCIAL OMBUDSMAN SERVICE AND IT GOES WITHOUT SAYING MARTIN AND EVERYONE ON HERE.

LOL
LAINI XX:j :j :j

moo_cow

WELL DONE LAINI !!!!!!!!!!!!!!!!!!


THAT'S HUGE NEW!

CONGRATULATIONS!!!!!!!!!!!!!!!!

mac666_2

deborah46 wrote: »

mac666 wrote: »

• What were you reclaiming: loan
• Who was the provider:halifax
• How much did you get back: ????
• Did you get it back after a letter or did you go to the Financial Ombudsman: one letter!!!!
• no amount yet but it only took one letter :T
• second of 3 loans

Well done Mac666,

How long did this take?? I am also trying to claim on 3 loans from Halifax and i called yesterday and was told a letter has been posted to me saying they are still investigating this. Please allow them until the 29th Dec!! Wish they would make a decision, as the extra cash would be great for Xmas. Did you phone them on a weekly basis also, as i have read on some forums this speeds thing up.:T

hi there, we just sent the letters off and 5 weeks later they have written back. we're got no figures back yet so fingers crossed they are good at maths. we didn't ring at all. mmmmm too easy. good luck with claims hope all goods well. mac