PPI Reclaiming successes and failures

sunny8_2

IANC wrote: »

Cheers matey :beer:

And as soon as I know the figures, rest assured so will you.

I didn't do a SAR, so I truly have no idea what the loans will pay to be honest, I don't think I ever had one for less than £5k and I think most were around £7.5k.

Also, one replaced the other, so no idea how long I paid them for, nor what rebate was received when I cleared them.

The current loan was for £21k over 24 years and has run for around 5 years. The monthly premium is £128

So looking forward to it being restructured.

As a guess, I reckon the PPI is about £30, so I'll probably get around £1800 back in premiums from this one alone, but the new restructured loan should only be around £100 per month which will help a lot.

The credit card is 13 years old and for around 10 of those years from memory it was at or around the limit. I seem to remember the limit was £3,500, yet something in the back of my mind tells me it may have been as high as £5,500.

I have cleared it many times over the years, but this could well be one of the big claims, such as the ones I have enjoyed reading about.

Fiingers crossed

Congratulations Ian :T:T:T:T
Drinks would definatley be on you bud:rotfl::rotfl:xx

amersall

Kuffs1978 wrote: »

Hi gang,

Hope you're all well and having lots of successes. We are currently in the twilight zone; the 15th of Aug has been and gone, my sister's bank balance is minus another £300, and no sign on the horizon of the nightmare ever ending.
Fingers crossed for us all.

Hope she doesnt have to wait too much longer,fingers and everything else crossed x.

amersall

ready1 wrote: »

Looking for any suggestions. All my paperwork is lost but I contacted Black horse re loans I had taken between 1999 and 2004 with PPI, although self employed. I asked for the credit agreements during this time and forwarded relevant addresses but they wrote back they could find no record. What now?

Hi there, you need to to do a SAR this means asking for all info they hold on your accounts,this will cost you £10 but it will give you the info you need,just give as much info as you can.

smitchy73

sunny8 wrote: »

Thank you hunny :j:j same to you smitchy :rotfl::rotfl: xx

Oh you're very very welcome, glad to help, and it's great to see more and more good results from regulars, and not just all 'newbies', hehehe

laurajolyne

hi everyone, was wondering if you could help please, just had a letter from mbna saying my ppi claim has been upheld and passed on to there calculations team to work out my refund, they have been really good throughout but i would like a rough idea of how much to expect back...my loan details are as follows....loan amount was 7500.00, ppi was 1425.13,(total-8925.13,) credit charge for loan was 2195.75 and interest payable at 9.4% over 60 months at 185.34 per month. i repaid the loan a year early but had a fee added on for paying it off early can't remember how much that was, i repaid the loan in january 2008. any help working a rough guestimate out would be appreciated. thanks.:beer:

PIP1966_2

PIP1966 wrote: »

Just thought I would share my information for people with claims with Barclays. I took out a credit card in 1998 after receiving a pre-printed application form which all I needed to do was sign. PPI was automatically added. Saw Martin on Daybreak about claiming back PPI so in February 2011 downloaded the template, filled it in and sent it to Barclays Customer Relations in Leicester. I put it to the back of mind and thought what will be, will be. Then the High Court and Judicial Review came and went and I received a letter from Barclays in June to advise that in recognition of the delay & patience they will be offering a goodwill gesture no later than 31st August. This gesture includes the PPI premiums plus interest charged on the premiums to date together with 8% per annum simple interest.

Then on 3rd August I received a letter from them. Their words "Due to the delay caused and as an apology, we would now like to resolve your complaint as quickly as possible, We propose to settle your complaint as a gesture of goodwill without any admission of liability". They have offered me £12,305 (PPI paid - £3300, Interest on Payments - £7150 and 8% simple interest per annum - £1850). They had also attached an acceptance form which I had to sign and return within 10 days. I sent the form back on 8th August and now waiting for them to make the payment.

I called them this week (0844 556 0104) and yes, it takes forever for someone to take your call (quick look on line looks like calling 0844 could cost you up to 5p per minute). Finally, after 45 mins I spoke to a man who did sound very fed up who stated that they could not tell anyone when there payments would be made but did advise that there were being made in date order of peoples claims. He did confirm that they had received my acceptance form which had been scanned into their systems on 9th August. He also stated that they had to settle all claims and have these claims closed by 31st August.

I really wish everyone the very best of luck with their claims and lets hope that they are all settled by 31st August.

Hope this helps

Barclays Update

Been checking my account every morning and nothing, so spent 78mins on hold this afternoon and finally got through. However, the lady I spoke to at first couldnt find my acceptance letter (despite me being told on 19th that they had received it and scanned it into their systems on 9th August). She then searched on my postcode and found it - however (yet again) the reason that they have not made a payment is that the acceptance letter was not scanned onto my case and the status was still showing as "waiting on customer). She did apologise and said she would change the status and send an urgent email to the payment team requesting that they make the payment tomorrow (should be in my account 4-5 working days from then) which surprise surprise takes it to the 31st August (the deadline)!! She has also promised to call me back tomorrow to confirm that the payment has been made (holding my breath, crossing my fingers, etc).

I really didnt want to keep calling them especially as I had already had confirmation that the had received my acceptance and didnt want to clog the line for other people to try and get through but think the moral of my story is that you have to keep on at them and remember to get the name of the person you are speaking to.

As soon as the payment hits my account, I will post an update with smilies!!!

Good luck to everyone else with their claims

stevem2211

Today I recieved a letter from capital one offering me £1800 inc interest for the mis-sold PPI.

It was very easy, I followed the tips on money saving expert, sent my first letter off for t & c's which took 2 weeks for a response.

In the response they also provided me with a copy of my original signed agreement which clearly showed a tick in the NO box for PPI.

Once I had recieved this, I sent a copy of the Ombudsman questionare, along with a copy of the signed agreement and a covering letter which I found on Google.

8 weeks later I recieved a letter offering compensation.

I am very happy with my result and it was the best £1 I have ever spent. :rotfl:

smitchy73

PIP1966 wrote: »

Barclays Update

Been checking my account every morning and nothing, so spent 78mins on hold this afternoon and finally got through. However, the lady I spoke to at first couldnt find my acceptance letter (despite me being told on 19th that they had received it and scanned it into their systems on 9th August). She then searched on my postcode and found it - however (yet again) the reason that they have not made a payment is that the acceptance letter was not scanned onto my case and the status was still showing as "waiting on customer). She did apologise and said she would change the status and send an urgent email to the payment team requesting that they make the payment tomorrow (should be in my account 4-5 working days from then) which surprise surprise takes it to the 31st August (the deadline)!! She has also promised to call me back tomorrow to confirm that the payment has been made (holding my breath, crossing my fingers, etc).

I really didnt want to keep calling them especially as I had already had confirmation that the had received my acceptance and didnt want to clog the line for other people to try and get through but think the moral of my story is that you have to keep on at them and remember to get the name of the person you are speaking to.

As soon as the payment hits my account, I will post an update with smilies!!!

Good luck to everyone else with their claims

Well done, but aren't they part of the faster payments service, if they are you should get your money within a couple of hours, I can't believe this with the banks at the moment.
Well done though:j:j:j:D

harri03

oorbrian wrote: »

YES!!!

Just heard that my two loans and credit card claim with RBS have been upheld as a goodwill gesture and they will pay according to FOS guidance. No figure as yet and still waitng for word on a loan taken out in 2001 and refinanced in 2004. I was if one of the maths legends could help me work out one of my current wins?
Loan taken out over 7 years starting in jan 08
Payments. £485 A month
PPI. £106 a month

Well done....how long has your claim taken? I sent my complaint in May this year and I'm still waiting!!!!

24710274

RED_FRANKIE wrote: »

Thanks Dave, FOS now for me too, will advise when any news, good luck to you too mate

No worries it took about 4 weeks for FOS to reply once i had sent all the paperwork back and they have said they will get someone to contact me within the next 3 months , fingers crossed for you and all who are trying to get the wrongs put right.Some fantastic wins again today this site is addictive! :T Hopefully not long before i can add to that cheers Dave:)