PPI Reclaiming successes and failures

k77mss

hi guys well done all all winners today well i got my hfc offer letter in today thought they would make me wait till very end letter from fos last week said up to 8 weeks for payment.amount their giving me is £1638 just what i thought and acceptance form straight back in post will pay into my bank account within 10working days get it up u hfc not the nicest staff [EMAIL="i@ve"]i've[/EMAIL] ever dealt with!
timescale for hfc claim put in claim 1st september 2010, rejected 28th october2010, sent to fos 28th october 2011, adjudicator assigned march 2011, adjudicator upheld my complaint 24th april,hfc said could not accept decision until jr, hfc had till 31st august to decide, last week they accepted fos decision and sent me acceptance form and today amount confirmed with bank details form.
lets hope they pay within 10 days and i hope these timescales help others in same situation

di3004

jeany78 wrote: »

Just a quick note to say I've noticed a lot of people on here who are not claiming / don't think they can claim because their PPI is over six years old. Just to advise my credit card was taken out with the Halifax 14 years ago and they refunded my PPI, so do give it a try!

I second that jeany, and well done to you too.:beer:

di3004

sands02 wrote: »

Hi, my first time posting here. I stumbled across this site in May and after reading posts from peeps I phoned Lloyds TSB and told them that I thought I had been miss-sold PPI on my Loan and Credit Card. The customer relations peep took my name etc and told me he would be in touch. I got a letter confirming contact a few days later and today got an acceptance offer letter. Well chuffed I can tell you !! :T
My thanks to you all for all the advice written down here, I would not have known what to do.


p.s. I log in every day to read updates from peeps, it's like coronation street, your scared to miss an episode :D

A big thankyou once again

Hi and welcome.

And well done, that is fab!:beer:

di3004

blairrowland wrote: »

Hi N,
I have copies of my credit card statements with the PPI & interest on them for Lloyds. When i send in my claim does it mean they just owe me just the PPI or the PPI & the interest?:huh:
THanks


Hiya:D

Is this account active or settled?
You can still reclaim either way it makes no difference as such, but if a settled account they should refund you all the ppi you have paid, interest to each payment and an extra 8%, they should therefore calculate to the same guidelines as the FOS.

If the account is still active, then they should refund you what you have paid to date with interest and again the extra 8%, and they should remove the ppi, so you will only be paying for the normaly card payments without the ppi.

However, I am not good really in actually explaining on the calculations lol, but that is how I see how its done.

Good luck and go for it x;)

a_quiet_man

Hello.
I just picked up this morning's mail and was delighted to find a final offer on my loan PPI claim with HBOS.
The offer is as follows : "As our final response, we would like to offer you a refund of all the PPI premiums paid (inclusive of interest), plus simple interest at 8%."

I can't understand how to work out what is what in regard to the actual value of the offer, so perhaps someone here could help me with that?

Loan of £4,500 @ 6.5% APR over 48 months - repayment was £127.23 per month.

Loan commencement date - 8th March 2004
Loan settlement date - 4th June 2008

Thanks all - without this forum and the help from this site, I might never have had this letter in front of me today! :beer:

di3004

blairrowland wrote: »

Hi,
I Have had 2 successes so far:2 EGG loans - £710.80 :rotfl:and RBS Credit Card - £52.14!:j
Egg loan from Sept '05 to July '06 :
PPI premium on loan £1379.34
Less any PPI premium refund taken off loan £961.02
Refund of interest charged on PPI premium at contractual loan rate £87.17

Egg loan from August '04 to Dec '04 :
PPI premium on loan £1085.70
Less any PPI premium refund taken off loan £910.88
Refund of interest charged on PPI premium at contractual loan rate
£30.49

RBS Credit Card - £52.14 as it was an interest free period!

I'm sure Niggly who seems to be the maths wizard on here would agree that EGG gave me a fair amount back as the loans were both paid off early?!

I am now going to tackle Lloyds about 2 loans and credit cards,and EGG credit card and Nat west credit card!;)

S.

Brilliant, Well done!:beer:

di3004

blairrowland wrote: »

Well done you & congrats for getting an offer from Lloyds!
I am about to start 2 claims for loans with them and some credit cards once i get the info first!
Yes everybody on here is very helpful with advice i would agree with that especially the devotees who are some of the experts like di3004 , Amersall & Niggly!;)

Aww bless :A wish i was an expert lol , well we are very happy to help, well done honey :T:T

di3004

jjww wrote: »

Hi I put my claim in in february and just heard last week that they are upholding the claim on 2 loans dating between 1997 and 2004. They have not given an amount and said they would be in touch within 4 weeks with the calculation.

Hope you hear something soon.

Fantastic, Congratulations!:beer:

di3004

a_quiet_man wrote: »

Hello.
I just picked up this morning's mail and was delighted to find a final offer on my loan PPI claim with HBOS.
The offer is as follows : "As our final response, we would like to offer you a refund of all the PPI premiums paid (inclusive of interest), plus simple interest at 8%."

I can't understand how to work out what is what in regard to the actual value of the offer, so perhaps someone here could help me with that?

Loan of £4,500 @ 6.5% APR over 48 months - repayment was £127.23 per month.

Loan commencement date - 8th March 2004
Loan settlement date - 4th June 2008

Thanks all - without this forum and the help from this site, I might never have had this letter in front of me today! :beer:

Wonderful & Congratulations!:beer:

I'm not good on the workings out but I'm sure someone will check this out for you soon.;)

mapleoak

joshuacallumb wrote: »

Hi all

Can someone help!!
I just received a letter form M&S yesterday they are rejecting my claim! They said they have investigated my claim see below:

1. I completed the application in my own time. M&S money were not present so no advice could have been given to you about the merits of the policy.

2. By signing the overalll credit agreement you confirmed you were happy with contents of the application form and the account terms and conditions. (we are going back about 20 yrs when this was a storecard)

3. Details regarding the PPI and the account terms and conditions were attached in the application form.

4. Policy documents were issued to your detailing the benefits, exclusion and cancellation rights. These should have been consulted to ensure the cover was suitable.

5. The application required you to tick, sign and print your name to confirm you were happy for PPI to be added to your account, as this was fully completed we processed to add PPI to you card as requested.

6. In 2003 we wrote to you to inform changing to Mastercard account., and again in 2207 making me aware of changes to PPI policy.

Due to these reasons they have rejected my claim. I never ticked any box for PPI in was obviously in the small print and I have been paying this for over 20 years!!!
Is there anything more I can do????:mad::mad::mad::mad::mad:

Hi,

I'm waiting for a decision from M&S on a Storecard that was then converted to a Mastercard in 2003. I suspect I will get a similar response to yours, the only difference is that on my Storecard application form (It was in 1994) there is a box that you explicitly have to tick if you WANT PPI and my copy definitely not ticked. My claim is on the Mastercard as I believe they added PPI when they changed me from a Storecard to a Credit Card, without my express permission and they could not produce anything to suggest I had agreed to it. Despite all of this I suspect they will say no as you don't tend to read many M&S successes on here. If they don't uphold my claim then it's off to the FOS I go, although I'd rather not have to if possible...:(

Good luck with pursuing your claim with M&S, fingers crossed:)

Regards