PPI Reclaiming successes and failures

di3004

Rae115 wrote: »

the post man finally came at 1pm but nothing for me-boo hoo

so i called halifax to find out whaats happening - they said waiting more info to take to stage 2.??????

Does anyone know what this stage 2 is??

Rae - thanks

Hi Rae

I may be wrong, but it may be the calculation team, fingers crossed. x;)

Tofty

Thanks Di
Any idea if it's possible to try using the claim templates or sending an email with the limited info I have?
I don't mind going down the SAR route if not.
I have the dates of first payments made and the amount they took each month, plus the total amount of the loans each.

Thanks for your time.

di3004

Tofty wrote: »

Thanks Di
Any idea if it's possible to try using the claim templates or sending an email with the limited info I have?
I don't mind going down the SAR route if not.
I have the dates of first payments made and the amount they took each month, plus the total amount of the loans each.

Thanks for your time.

Hiya

Any information you have will be a help in regards of making a reclaim, it strange that they say to us customer's they are unable to find the paperwork, and when it comes to reclaiming they suddenly find it.

You could email a letter, but maybe its best to complete the reclaim questionnaire as on step 3 just to cover yourself, as some have been sending letters to make a reclaim then its stalled by the banks by them sending out the questionnaire's.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step3

Of course if you still want to do the SAR that is up to you, you can still do so whilst your making a reclaim, you do not have to wait for the info, but if anything interesting comes back later on, you then have this for proof to them if required. x;)

smitchy73

mandy1cat wrote: »

Loan 1
PPI premium & associated interest = £544.00
8% interest = £484.59 (-20% tax) = £387.67
Additional interest for delay = £34.72 (-20% tax) = £27.76
TOTAL £959.45

Loan 2
PPI premium & associated interest = £1,796.84
8% interest = £1,210.88 (-20% tax) = £968.70
Additional interest for delay = £101.52 (-20% tax) = £81.22
TOTAL £2,846.76

Loan 3
PPI premium & associated interest = £5774.11
8% interest = £1,514.18 (-20% tax) = £1,211.34
Additional interest for delay = £246.00 (-20% tax) = £196.80
TOTAL £7,182.25

TOTAL REDRESS £10,988.46
PLUS REMAINING PPI CANCELLED £298.26

GRAND TOTAL £11,286.72


New boiler.... update kitchen & bathroom.... and a holiday:j
I LOVE MSE :T

Well done Mandy1cat, brilliant posting.

Is this right about taking off 20% tax as well, wasn't there posts about this before as it's not income?

I have five RBS complaints in starting about the same level as your first one and ending abou thalf of your big one, hoping I get as good a pay out as yours.

The_Marksman

Rae115 wrote: »

the post man finally came at 1pm but nothing for me-boo hoo

so i called halifax to find out whaats happening - they said waiting more info to take to stage 2.??????

Does anyone know what this stage 2 is??

Rae - thanks

it will come! very soon!! dont give up

stage 2, is when they pick it up and hopefully write that cheque!

stoutman5

Hi all,
Further to my uphold letter received by LLoyds TSb last week with regard to my credit card, can someone out there explain how they have broken down the figures?

Our proposed offer has been calculated as follows:

1/ We've reconstructed what the balance of your credit card account would have been without PPI, by removing any PPI premiums and any interest or charges in respect of those premiums. This totals -£2,219.38

2/ We've calculated the difference between the actual current balance and the revised balance, totaling £4,916.45

3/ If that produces a credit balance for any period, we then include credit interest on that balance for the relevent period at the rate of 8% simple interest per year, totaling £335.29

Total proposed offer = £5,251.74

At the time of my complaint, the balance on the C/C would have been approx -£3,000.
I'm very happy with the offer, but just a bit confused as to how..

Thanks to all..

The_Marksman

di3004 wrote: »

Hi Rae

I may be wrong, but it may be the calculation team, fingers crossed. x;)

i agree with Di

The_Marksman

stoutman5 wrote: »

Hi all,
Further to my uphold letter received by LLoyds TSb last week with regard to my credit card, can someone out there explain how they have broken down the figures?

Our proposed offer has been calculated as follows:

1/ We've reconstructed what the balance of your credit card account would have been without PPI, by removing any PPI premiums and any interest or charges in respect of those premiums. This totals -£2,219.38

2/ We've calculated the difference between the actual current balance and the revised balance, totaling £4,916.45

3/ If that produces a credit balance for any period, we then include credit interest on that balance for the relevent period at the rate of 8% simple interest per year, totaling £335.29

Total proposed offer = £5,251.74

At the time of my complaint, the balance on the C/C would have been approx -£3,000.
I'm very happy with the offer, but just a bit confused as to how..

Thanks to all..

:j:beer: WELL DONE :beer::j
sorry i cant help with the figures

but someone will in a minute im sure

Slimming-world

amersall wrote: »

Hi Cheeky question
How far back to Monument go? they wont pay me anything as mine is longer that 6 years ago
thanks in advance

If you have proof of ppi paid previous to 6 years then you can put them in and ask them to reconsider[/QUOTE]

I havent got anything as proof

h0pusp0pus

hi guys just to let you know i finaly received my £4000 refund from hfc through a direct bank transfer it took exactly 14 working days ive now completly paid off my abbeys credit card and closed the account such a relief still waiting to hear from egg about dating the refund further back and also santander regards my evidence of no national insurance being paid when taking out the burtons menswear card i phoned them last friday and they claimed it hasnt been scanned on to their computer yet