PPI Reclaiming successes and failures

julieprit2

Hi Guys

Haven't seen Niggly about to answer this for me so maybe some other bright spark maths person could help me!! :A

Found another debt with PPI attached - HP loan for a laptop.
Details are:

PPI £3.30 per month
over 36 months
Taken out in June 2004
19.8% Interest

If I make a successful reclaim does anyone know how much I would get back? Not much I'm guessing from the amount per month but maybe a wee something :-)

Cheers guys:beer:

Riggsy1367

di3004 wrote: »

Your hands are always busy The Marksman :D:rotfl::rotfl::rotfl::rotfl:

:rotfl::rotfl:Love it! Conspicuous by his absence...:rotfl::rotfl:

smudger69

Hi, I was wondering how much PPI is paid per month per £100 on a credit card?

TY in advance.

LynK_3

Rae115 wrote: »

Hi all

Has any one had anything positive from citi.

I recently emailed the ceo i was contacted by customer relations who said Opus icobtacted them but they dont reply nor could i find the name of the ceo.

However the fos did tell me opus comes under the wings of rbs so i emailed the ceoand when i though iwas reaching somewhere i received an email from theur ececutive office that its nothibg to do with them i need this cc assetmangement co.

Im now wondering should i use one of those company and let them work for their 25%.

Lynk have you had anythibg back from b card. I havent had a chsnce to do catch up on the forum yet.

Congrats to all winners and morning

Nothing at all, have now rang them about 8 times and am promised that someone will call me back, as yet no one has. Have not heard a thing from Cassandra even though she was supposed to call me almost 2 weeks ago.
Very cross, have you heard anything.

scottishmum_2

Hi Everyone

I was wondering if someone would be kind enough to do some maths for me. Can someone tell me what I should get back if my credit card is sucessful.

I've been paying minimum £20 + per month for 6 years @ 18%

Any help greatly received.

di3004

julieprit2 wrote: »

Thanks Di. Were your ones old as well i.e. pre 2005? I don't care how long it takes (not that you'd guess from my previous posts :rotfl:) but just would like to have some success!!

Have passed the details onto FOS for the insurer so presumably he will contact them and pursue it this way? I'll maybe call him tomorrow to check up on this though!

Hi hon

lol :rotfl::rotfl::rotfl:

And yes, mine was July 2004, the broker had also dissolved, could not take them to the Financial compensation scheme either as they were not regulated.

Hope you hear something good tomorrow then, good luck x:)

di3004

smudger69 wrote: »

Hi, I was wondering how much PPI is paid per month per £100 on a credit card?

TY in advance.

Hiya

I am not too sure on credit card ppi, but it may vary, as I understand everyone's are different, but I'm sure someone will have the right answer and will clarify on this for you, good luck.;)

di3004

scottishmum wrote: »

Hi Everyone

I was wondering if someone would be kind enough to do some maths for me. Can someone tell me what I should get back if my credit card is sucessful.

I've been paying minimum £20 + per month for 6 years @ 18%

Any help greatly received.

Hiya

Hopefully one of our lovely calculations experts will be here shortly to check them out for you.:D
More detauls maybe required, but they will let you know x;)

Smamfer

Hi Guys,

Came home today and received a letter as promised from Lloyds Tsb regarding 2 old black horse loans out

Ill apologise now for the length of this email but ill type it up from the letter and ask if someone can shed some light,

I will add my OH whose loan this is was not sure if he did pay this loan off but has never received anything about it.

It was originally 1 loan taken out feb 2006 of £2000 and then the loan of £3k taken out 2 months later one of which paid off the first loan if that makes sense.

Ok here is the letter and once again sorry if its long.

I am writing to you today in relation about your complaint ppi etc im sorry thanks for your time and now done the investigation and as a result i have decided to uphold your complaint

As our final response we would like to offer you a refund of all ppi premiums paid inclusive of interest plus simple interest @ 8%. Should you accept the offer the payment we will make to you will also take into account any other factors that are relevant to your circumstances, ex any claims etc
As part of our offer we have also included a refund of premiums ( and other costs you incurred e.g interest ) in connections with the loan you opened on 15th nov 2005. We have considered this loan because it was refinanced by the other loan/PPI you complained about,,,( so does this sound as if there was another loan they found out about?)

Now they sent a workout of figures:::
Our proposed payment has been calculated as follows::
Refund of premiums paid including interest £166.39
Excess balance and interest £36.60
Interest @ 8% calculated up until (4 weeks from now) £85.26
Outstanding balance on loan part of the agreement £4272.22
Total £85.25

The interest has been calculated at 8% simple on each payment made towards the cost of the plicy calculated from the date that we received the payment to the date that we pay the redress. (4 weeks from now on)
(excess balance) As you had more than one loan with us and a loan was settled by the proceeds of a further loan, then if the loan had PPI which is being remediated, the amount that you borrowed on the subsequent loan may have been higher than it needed to be, If this is the case ex balanbce and interest is an additional payment we offer in order to refund the extra amount you paid when you refinanced the loan and the extra interest you have paid when making your repayments on the next loan.

(outstanding balance) During the course of the agreement your repayments fell into arrears and you were unable to bring the agreement up to date, We decided not to pursue payment at that time and closed the agreement in August 2009, This figure represents the oustanding balance on the first schedule (loan only) part of the agreement at the point that we closed the agreement.

Well thats it and left me totally confused, he was never on the ball before he met me regarding payments so i only 50% know what im dealing with

Does it seem like he still owed on the loan and they ignored it and scrubbed it??

Am i right in saying that he is due £85 and thats it?

We didnt think it would be masses but with all these figures it just confused me a bit.....

It ends with " should you wish to accept the offer fill in form and return . If appropriate please include any info on the claim form regarding your previously rejected claim" ( is this just standard as we have not made a previous claim)
As previously mentioned we will then pay the greated of the two sums due to you without you needing to sign a further acceptance.

They actually sent the same letter two times over which i found a bit weird too

Any advice would be greatly appreciated,,,, thanks xxx

smudger69

di3004 wrote: »

Hiya

I am not too sure on credit card ppi, but it may vary, as I understand everyone's are different, but I'm sure someone will have the right answer and will clarify on this for you, good luck.;)

Cheers for that.

The CC balance was £12000, just wondering what PPI I would have paid on that as I can't find any statements.:D