PPI Reclaiming successes and failures

Dizzywytch

OK the ball is now rolling. Four fat letters sent to my main offending credit cards, Mint among them. I've sent it to their Customer Service address, is that the right one?

Diz

di3004

Xanadu20 wrote: »

Have just spoken to Mint, as i hadnt heard anything for a while.

Passed around a bit and eventually spoke to some one who knew what was happening, they have sent a blind offer to FOS (what that is i dont no) but she couldnt tell me the amount.

Spoke to FOS redress team and they said they have recieved a massive amount of offers from RBS and are working through them in date order.

So good luck everyone, i hope yours in the stack.

On a side note, any one know how much PPI of £30 a month for the last 6 years on a credit card should come out around, ball park would be great, the card only has £500 on it so i guess i will get something back in cash.

Rich

That's good news Rich, well done!:beer:
I am not the one for calculations, but without the interest I worked out it like this (approx) 30 x 12 month = 360
360 x 6 years = £2160 total paid, so depending on the rate of the PPi as well, but it soon adds up.
and whatever the interest on top, as I understand this differs to loan PPI, but sure someone will clarify on this for you soon, the best of luck.;)

di3004

Dizzywytch wrote: »

OK the ball is now rolling. Four fat letters sent to my main offending credit cards, Mint among them. I've sent it to their Customer Service address, is that the right one?

Diz

Hi Diz, and the very best of luck.

Normally it is that of the Customer Service.;)

Smamfer

Xanadu20 wrote: »

Have just spoken to Mint, as i hadnt heard anything for a while.

Passed around a bit and eventually spoke to some one who knew what was happening, they have sent a blind offer to FOS (what that is i dont no) but she couldnt tell me the amount.

Spoke to FOS redress team and they said they have recieved a massive amount of offers from RBS and are working through them in date order.

So good luck everyone, i hope yours in the stack.

On a side note, any one know how much PPI of £30 a month for the last 6 years on a credit card should come out around, ball park would be great, the card only has £500 on it so i guess i will get something back in cash.

Rich

im prob wrong but

30x12 = 360.00 per year x 6 (yrs) = £2160 x 8% but dont quote me on that as i may have it wrong lol

di3004

Smamfer wrote: »

im prob wrong but

30x12 = 360.00 per year x 6 (yrs) = £2160 x 8% but dont quote me on that as i may have it wrong lol

LOL that's how I worked it.:D

I take it Rich the £30 was the payment you was making in total every month on the Credit Card, where obviously the PPI was in that amount?

Smamfer

di3004 wrote: »

That's good news Rich, well done!:beer:
I am not the one for calculations, but without the interest I worked out it like this (approx) 30 x 12 month = 360
360 x 6 years = £2160 total paid, so depending on the rate of the PPi as well, but it soon adds up.
and whatever the interest on top, as I understand this differs to loan PPI, but sure someone will clarify on this for you soon, the best of luck.;)

:rotfl: lol @ us both saying " maths is not my thing" and coming up with same figure!!

and neither attempting to do the % bit lol

di3004

Smamfer wrote: »

:rotfl: lol @ us both saying " maths is not my thing" and coming up with same figure!!

and neither attempting to do the % bit lol

lmao well we are trying :rotfl::rotfl::rotfl::D

dander

hellosunshineboy wrote: »

congrats!!:T:T it looks like RBS are starting to dish out a few payments of late, fingers crossed mines not to far away, submitted 24th of May. heres hoping!

Hope so too! I'd definitely say they had room to be a bit harder to get with my claim - and with the fact they did an overcharges refund as well without being asked - I wonder if they've decided that's it's quicker and cheaper to just pay up rather than make people jump through hoops.

I suspect my claim went in at least a month ahead of yours though but hopefully you won't be too far behind. :beer:

Dizzywytch

I have to say, having looked at my CC statements, I'm astonished at how much they had me paying in PPI and no-one ever said it was optional!

LynK_3

Rae115 wrote: »

yeah same person - well i better get a call on tuesday and mr chan better not put a block on my emails.

Anything from Cassie today, I've heard nothing. Gonna give her a call!!