PPI Reclaiming successes and failures

di3004

agoodey wrote: »

Well, I have been a long time lurker, but I thought that I should share my success with you, as this forum gave me in the inspiration to claim.
Nearly 25 years ago, whilst I was a student, I took out a Barclaycard and was automatically given PPI - there was no option to not have it at the time...

In May of this year I telephoned Barclaycard to instigate a PPI miss-selling complaint.

I have won my complaint, and as they don't have the records for more than 6 years they have calculated my amount based on the last 6 years.

Refund of PPI payments: £6,125.12
Refund of interest charged on PPI premiums: £44,820.36
8% simple interest per annum: £12,036.69
Total Refund Payable: £62,982.17

I posted the acceptance letter immediately and they received it on 8th September - I just have to wait for the money now :-)

I have also won agains Halifax One, but don't know the amount that they will repay me yet.

Thats a lotta money!:eek::j:j:j:rotfl::beer::beer: xx LOVELY x

scook2011

agoodey wrote: »

Well, I have been a long time lurker, but I thought that I should share my success with you, as this forum gave me in the inspiration to claim.
Nearly 25 years ago, whilst I was a student, I took out a Barclaycard and was automatically given PPI - there was no option to not have it at the time...

In May of this year I telephoned Barclaycard to instigate a PPI miss-selling complaint.

I have won my complaint, and as they don't have the records for more than 6 years they have calculated my amount based on the last 6 years.

Refund of PPI payments: £6,125.12
Refund of interest charged on PPI premiums: £44,820.36
8% simple interest per annum: £12,036.69
Total Refund Payable: £62,982.17

I posted the acceptance letter immediately and they received it on 8th September - I just have to wait for the money now :-)

I have also won agains Halifax One, but don't know the amount that they will repay me yet.

OMFG!!! That is all!!! :j:j:j:j:j:j

MrsMet

It is and the amount totally unexpected!!!! Have aNEXT STorecard that I have been paying PPI on since 1994 so am hoping that it will also be a good result. Was told by the customer services that they stopped PPI for all new card holders and couldn't understand why I am still paying premiums...fingers crossed!!!


Just one question; am I right in thinking that I have to declare the simple interest per annum amount for tax purposes???????

sands02

MrsMet wrote: »

:T


I had my letter from BC through yesterday;

£5,129.64 for refund of payments made for PPI cover
£35,357.24 refund of interest payments on premiums
£8,803.22 8% simple interest per annum (I understand I need to pay tax on this sum)

£49,290.10 refund waiting to be paid into my account! No claim company; just me!!!!!!:T

:T:T:T wow well done:j:j:j:j:j:j:j:j:j:j:j

blairrowland

Morning to all you winners and well done!:beer:
I have had another success also, only small but nevertheless a success! Had a cheque from EGG on Thursday for £363.09 for Credit Card PPI and i only sent the claim form off on 30th August,what a record!!!:D

So my wins so far:

EGG Credit Card:£363.09
EGG Loans: £505.49 & £205.31
RBS Credit Card £52.14

Just awaiting records to come back from Lloyds : credit card (more recntly and loan taken out in 1998, so will keep you al posted if anything happens with that also. Thanks to all the help and advice form peeps on here!;)
S.
xx

sands02

blairrowland wrote: »

Morning to all you winners and well done!:beer:
I have had another success also, only small but nevertheless a success! Had a cheque from EGG on Thursday for £363.09 for Credit Card PPI and i only sent the claim form off on 30th August,what a record!!!:D

So my wins so far:

EGG Credit Card:£363.09
EGG Loans: £505.49 & £205.31
RBS Credit Card £52.14

Just awaiting records to come back from Lloyds : credit card (more recntly and loan taken out in 1998, so will keep you al posted if anything happens with that also. Thanks to all the help and advice form peeps on here!;)
S.
xx

:T:T:T well done a win is a win :T:T:T good luck with Lloyds

suehippo

MrsMet wrote: »

It is and the amount totally unexpected!!!! Have aNEXT STorecard that I have been paying PPI on since 1994 so am hoping that it will also be a good result. Was told by the customer services that they stopped PPI for all new card holders and couldn't understand why I am still paying premiums...fingers crossed!!!


Just one question; am I right in thinking that I have to declare the simple interest per annum amount for tax purposes???????

MrsMet - you are correct in saying you have to declare the simple interest for tax purposes.

blairrowland

agoodey wrote: »

Well, I have been a long time lurker, but I thought that I should share my success with you, as this forum gave me in the inspiration to claim.
Nearly 25 years ago, whilst I was a student, I took out a Barclaycard and was automatically given PPI - there was no option to not have it at the time...

In May of this year I telephoned Barclaycard to instigate a PPI miss-selling complaint.

I have won my complaint, and as they don't have the records for more than 6 years they have calculated my amount based on the last 6 years.

Refund of PPI payments: £6,125.12
Refund of interest charged on PPI premiums: £44,820.36
8% simple interest per annum: £12,036.69
Total Refund Payable: £62,982.17

I posted the acceptance letter immediately and they received it on 8th September - I just have to wait for the money now :-)

I have also won agains Halifax One, but don't know the amount that they will repay me yet.

:eek::eek:BLIMEY THATS A HUGE AMOUNT!!!:rotfl:

Well done for that and congratulations! You must be over the moon!:j:j:j:j:j:j:j:j:j:j:j:j

yetty123

di3004 wrote: »

Hi
fingers crossed you will hear something soon.

I take it you have also tried chasing them up?

When did you first submit your claim? As mine went on for 13 months

itian

I've just accepted £2,075 from HSBC!!

How long does it take them to refund into an account?