PPI Reclaiming successes and failures

Niggly_2

smitchy73 wrote: »

My turn, my turn, my turn, woooooohhooooooo, UPHELD!! Clydesdale Bank PPI on two loans.

Niggly I need you my friend.

Loan 1
27/9/02
Loan amount 10,000.00
Interest on loan 2,550.00
Additional charge 40.00
Total 12590.00

PPI 1994.00
Interest 508.47
Total 2502.47

Total Loan+ppi 15092.47

APR 9.9%

Monthly payments £250.87
of which Loan £209.17
and PPI £41.70
Made 42 payments of 60

Settlement figure £4064.51
Plus received PPI rebate to bank account of £166.71 just after settlement.

Loan 2 taken 15/05/06
Loan Amount 10,000.00
Interest 2,074.26
Total 12,074.26

PPI 2,102.00
PPI Interest 436.01
Total 2,538.01

Monthly payment 243.53
(made up of 201.23
plus ppi 42.30)

APR 7.9%

Settled on 28/01/08
Amount £7798.79
Made 21 payments

Redress from them as follows
Loan 1
Refund of the cost of PPI up when loan was repaid 1793.40
Plus interest at 8% on the ppi installments you paid 1017.69
Total 2811.09

Loan 2
Refund of the cost of PPI up when loan was repaid 2022.72
Plus interest at 8% on the ppi installments you paid 368.95
Plus interest at 8% on the ppi capital repaid at the time the loan was repaid 278.67

total from Loan 2 2670.34

Total for Loan 1 & 2 £5481.43

Well super'maths'man, how does this look to you?

Many thanks to you Niggly, DizzyDi, cappo, amersall, and any others who have helped, most thanks go to you Di you've helped me with advice on this the first time I complained and when it was rejected I didn't listen to the advice to go to FOS thankfully they've upheld this time around, thanks don't quite express it, so if you were next to me I'd give you a damn big hug, mmmwwwaaaahhhh

Dam kryptonite:rotfl:

Looks good to me. i look at more depth tomorrow. But brilliant news for you. I am still fighting FP and there team post cash back preparing the mother of all complaint letters as thats how confident they will get my figs wrong. Anyway

:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:j:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:beer::beer::beer::beer::beer::beer::beer::dance::kisses::kisses2:_party_:rotfl::rotfl::rotfl::rotfl:

smitchy73

mumofjanda wrote: »

Brilliant news Smitchy! Well deserved after all the help you have offered other people,including me....really,really pleased for you!:j:j:j

Was this one rejected and you went back to them to ask them to reconsider before going to the FOS? If it was how long did it take for them to change their minds....sorry if I read this wrong!

Congratulations again to you and all winners today!:beer:

Hi mumofjanda,
Many thanks, and the offers of help are very welcome, I like to return what I get and the way I was when I first started looking at all this, I was very very grateful of all the help and advice I was given,some not used, my fault though!!

I had complained about this about two years ago and was flatly rejected, but we had missed out the use of health reasons, which my OH has, so we went back to them after the JR and of course the whole new use of using the new guidelines issued by the FSA, their paperwork said they wouldn't pay out on ANY previous condition, through in some of the previous points about being told that if we didn't take it we wouldn't get the loan etc. So then success.

FOS was in the discussion becauseI didn't go to them after the first attempt, if I had this would probably have been resolved a year or so again.

Anyways, two loans down, just five loan ppi's with RBS and BOS CC.:D

smitchy73

smitchy73 wrote: »

My turn, my turn, my turn, woooooohhooooooo, UPHELD!! Clydesdale Bank PPI on two loans.


Many thanks to you Niggly, DizzyDi, cappo, amersall, and any others who have helped, most thanks go to you Di you've helped me with advice on this the first time I complained and when it was rejected I didn't listen to the advice to go to FOS thankfully they've upheld this time around, thanks don't quite express it, so if you were next to me I'd give you a damn big hug, mmmwwwaaaahhhh

I got someone mixed up DizzyDi and The one, the only Di from Wales, my humble apologies for missing you out of the thankyou pot
I really can't thank you enough. The words above (hugs etc) they were meant for you, mmwwaahh.:rotfl::D

MARKOS72

smitchy73 wrote: »

I got someone mixed up DizzyDi and The one, the only Di from Wales, my humble apologies for missing you out of the thankyou pot
I really can't thank you enough. The words above (hugs etc) they were meant for you, mmwwaahh.:rotfl::D

You're up early lol-least I have good reason to be here at his time,an hour til hometime and bed!

roxy77

Im up nice and early couldnt sleep, recieved my chq from MBNA yeasterday £7980 :j:j

Also got rejected from GE Money and Capital One.:(

Still waiting to hear from Lloyds claim went in May.

Happy days :j:j

Banks0mewin

Hi All,

Busy week this week regarding PPI.

Got 4 offer letters from Halifax concerning 4 previous CC's. All letters are the same-all premiums plus 8% interest where appropriate, upheld-but no figures. Accepted straight away, now playing the waiting game for the next letters with calc's.

Has anybody had any experience of timescales between letters, i.e from date of Upheld letter to date of 'figures' letter?


Well done to all who have had some good news this week!



:beer::beer::beer::beer::money::money::money::T:T

kerso173

Hi to all

I'm new and looking for some advice please.

I have recently made some claims over the phone which have been acknowledged by letter. What is the chances of being successfull with these claims. Also how can you work out what you are due.
One i am interested in is a bank of scotland preference account which i have been paying about £80 a month for around 10 years. Can anyone give me a rough idea what that would be worth. I also have one out against Virgin money(Mbna) and one CC and one loan with Egg. When i took all out i was in long term full time employment with very generous package for sickness etc. I am two weeks since phone calls but cant get it out of my head so the next 14 weeks are going to be like dragging.

Regards to all
K

The_Marksman

roxy77 wrote: »

Im up nice and early couldnt sleep, recieved my chq from MBNA yeasterday £7980 :j:j

Also got rejected from GE Money and Capital One.:(

Still waiting to hear from Lloyds claim went in May.

Happy days :j:j

:rotfl::j:beer: Well Done :beer::j:rotfl:

:jGood luck with lloyds :j

& if you havent already done so, write back to say you disagree with their reasons for rejection If they have stated its their final decision pass your details & info onto the FOS Best of luck

money-making-ideas-please

money-making-ideas-please wrote: »

Hi All,

i just wanted to say thank you to everyone's advice. in particular for the free templates etc.

after a 7 week wait with Welcome finance the have finally agreed i am to be compensated just over £5,000! Which i owe to this sight :money:


here's the thing.....i had three settled accounts and one still with them. Welcome have said they put all the PPI into one and are putting the compensation the the existing loan. i have no problem with the PPI relating to my current loan but am furious that paid debts are being lumped into one pot!!!!


I think they should be caLculated separately. has anyone else been successful with rejecting an offer with similar circumstances?





btw ..i am still awaiting a decision on a pre 2005 PPI claim



thanks guys, you are an inspiration.

Im finding it very hard to get anyone who has experience of this

The_Marksman

to say well done individually, so:

:rotfl::j:beer: WELL DONE :beer::j:rotfl:

:j MAY THE LUCK CONTINUE :j