PPI Reclaiming successes and failures

IANC

di3004 wrote: »

The interest will also be an interesting one too :j

Oh yes.

The interest on the card is 29.4% APR IIRC.

Also had loans running for the whole time as well.

Quick question.

I have a 24 year secured HBOS loan that has monthly PPI.

My guess is that they will refund my payments to date, with interest and then restructure the future payments for 19 years without the monthly PPI payment.

I take it that is the norm and that they won't refund the future payments to me and expect me to pay the future payments out of the settlement?

di3004

IANC wrote: »

Oh yes.

The interest on the card is 29.4% APR IIRC.

Also had loans running for the whole time as well.

Quick question.

I have a 24 year secured HBOS loan that has monthly PPI.

My guess is that they will refund my payments to date, with interest and then restructure the future payments for 19 years without the monthly PPI payment.

I take it that is the norm and that they won't refund the future payments to me and expect me to pay the future payments out of the settlement?

I assume there will be quite a bit to come back Ian.:)

And that does sound about right what you said, and I'm sure our lovely amersall will be able to confirm on this one for you x

hellosunshineboy

Hi all, first time poster but long time lurker! So please go easy on me (i bruise like a peach )

i submitted a claim into RBS via their ppi helpline number on the23rd of May so i thought i would chance my arm and see if i had any update as the original 8 weeks is up. in a nutshell i was told they havnt even looked at my complaint yet! and they dont think they will get a chance for at least another 4 weeks :mad::mad:

has anyone had any RBS claims that have come back before the 16 weeks?

cheers ya'll!

computerbuddy

Just received a call from Halifax to say that they have 16 weeks to come to a decision about my complaint and that im at the 2nd stage.

What does 2nd stage mean?

The_Marksman

hellosunshineboy wrote: »

Hi all, first time poster but long time lurker! So please go easy on me (i bruise like a peach )

i submitted a claim into RBS via their ppi helpline number on the23rd of May so i thought i would chance my arm and see if i had any update as the original 8 weeks is up. in a nutshell i was told they havnt even looked at my complaint yet! and they dont think they will get a chance for at least another 4 weeks :mad::mad:

has anyone had any RBS claims that have come back before the 16 weeks?

cheers ya'll!

hang tight as annoying as the wait is, they do have 16 weeks to reply so fingers crossed by the 31st august you will be using these :T:)

The_Marksman

computerbuddy wrote: »

Just received a call from Halifax to say that they have 16 weeks to come to a decision about my complaint and that im at the 2nd stage.

What does 2nd stage mean?

stage 2 is a good sign hopefully, as i believe they have opened your complaint and started progressing though it and have not rejected it at stage 1

good luck

computerbuddy

Thanks hon for the reply. Gosh im feeling nervous, really hope its very good news

The_Marksman

computerbuddy wrote: »

Thanks hon for the reply. Gosh im feeling nervous, really hope its very good news

i do too! :D:D:D:D:D:D:D:D;);););););););););)

makes my day seeing the words upheld! followed by any amount! lol

fingers crossed for you

paddy1973

hello,new to the site and was just wondering if anyone had achieved anything with lloyds tsb?

im expecting.......hoping.......PRAYING that i get some cash back.they are looking into 8 of my previous loans which i had and have.started on the 3rd of may.

many thanks people.

The_Marksman

paddy1973 wrote: »

hello,new to the site and was just wondering if anyone had achieved anything with lloyds tsb?

im expecting.......hoping.......PRAYING that i get some cash back.they are looking into 8 of my previous loans which i had and have.started on the 3rd of may.

many thanks people.

yes a few people have had their complaints upheld with lloyds and you should hear back by the 31st august at the latest.

good luck