PPI Reclaiming successes and failures

moggy2009

Find it a bit frustrating when you ring barclays up now to ask about when your getting your money only to be told that none of our staff can give you the right date when you will recieve your money im fairly raging considering i was told one date then another so in other words i was blatantly lied to :mad::mad::mad::mad:

di3004

moggy2009 wrote: »

Find it a bit frustrating when you ring barclays up now to ask about when your getting your money only to be told that none of our staff can give you the right date when you will recieve your money im fairly raging considering i was told one date then another so in other words i was blatantly lied to :mad::mad::mad::mad:

Hi Moggy
Have you also tried emailing the CEO of Barclays?
Tell them its a simple question and your not happy with being fobbed off with the same old answer that they don't know!
Tell them as a valued customer of the bank you believe they should treat you fairly and give a firm answer, keep at them, good luck.;)

di3004

suarez wrote: »

Thanks Di,posted them yesterday including pre ticked loan agreements and credit card statements showing ppi payments so hopefully they cant dispute the claim.

Good luck. x;)

di3004

jodysenna wrote: »

Hi all, has any one had a payment from lloyds as i was orgianally told i would be paid by bank transfere with in 21 working days of them getting my signed acceptance form back, which was the 1st of sept which took it to the 29th which is this Thursday, got a letter from them dated the 16th which now states the amount but have now been told they have been given more time again and they get 21 working days form the date of the letter with the amount on which now takes it to the 13th of oct!!!! is this correct??? and they said they no longer pay by bank transfere it is all cheques????
getting fobed off every time i speak to them
can any one advise,
Thanks Jody

Hi Jody

First of all well done on your success!:beer:
Going by some other posts, this does seem to be right, annoying as it is, but make sure they also pay you interest to date as well, which should I believe be more now because of the waiting.

You could otherwise email the customer service team and tell them you urgently require your money now for personal reasons, good luck.
[EMAIL="customer.care.insurance@lloydstsb.co.uk"]customer.care.insurance@lloydstsb.co.uk[/EMAIL]

di3004

needaholidaysoon wrote: »

I have recently had an offer from Barclays regarding a loan I am still paying. My current payment is £527 and is due to go down to £435 for whihc I am delighted, however I have found out that my October payment is going to be £543 due to the "re-scheduling" of my loan as aresult of my PPI calim. Has this happened to anyone else as I just don't think it seems right that I am paying more when they oen mw money?! They have advised that I will get the money back but given how long it is taking so far I'd rather not have to pay out extra and as apoint of principal I don't see why I should!

Any advice on this would be much appreciated

Hi there

Contact them and question them on this, tell them you understood your repayments will now be coming down and wondering why you have details as from Oct 2011 to pay still a higher amount.

If they are refunding you, the repayments should be lower in my opinion, otherwise its like paying for it all over again, do mention that in your query, good luck and please keep us updated, cheers x;)

Dizzywithmoney

Justwantmymoneyback wrote: »

Spoke to FP on Friday, apparantly my cheques were sent out on the 15th (A week before last Friday)

I queried this with them and they advised that it can take up to 2 weeks for the cheques to be recieved by me - has anyone else been told this by them? Or is it another delay tactic?

Thanks

Hi - when did they receive your acceptance letter?

They received outs on 17/8/11 and it will be 6 weeks on Wednesday 28/9/11 so just wondering how much longer we have to wait.

smitchy73

flossy35 wrote: »

Hi i am new to this forum,was wondeing if anyone could let me know if my calculatons are correct.I had an offer from lloydstsb on friday but wasnt sure if the amount was correct?

Loan taken out in July 2007
Cash loan £80000
PPI £269682
Monthly repayment=149.79 and £50.50 ppi
84 months
Apr 14.9%

Would be really greatful if somebody could work out the figure for me.Many Thanks..

Hi Flossy can you check your figures again you are quoting a loan of eighty thousand pounds, with ppi of two hundred and sixty nine thousand, six hundred and eighty two pounds, and you're only paying back £200 a month!! Can you put in decimal points where necessary and someone might be able to assist. Many thanks, unless of course i'm wrong and you really did get ppi of that amount in which case, hi:D;)

queenie238

please help...feel a right melon but dont get these figures!!
offer letter as follows from firstplus.....
a original ppi policy. £3188.80
b interest incurred due to ppi. £212.02
c less any previous claims. £0
d less early settlement. £2657.33
e total refund for this loan. £743.49
f value of 8% per annum simple interest £988.79

final loan
m final ppi policy. £4384.60
n interest incurred due to ppi. £1947.70
o less any previous claims. £0
p less early settlement £32.82
q total vaue of refund. £6299.48
r 8% per annum simple interest. £8980.22

i phone fp to clarify what we would actually recieve and i was told we would have 4 cheques for figures e,f,q and r....which seems quite a lot of money!! how can the 8% interest figures be so high?? i think the figure are wrong but would really appreciate some input from someone who could advise, thanks in advance

flossy35

ooops.Please forgive me.Am new to this.

The loan was £8.000.00
PPI £2.696.82
Apr 14.9%
I took the loan in july 2007
number of repayments 84
Monthly repayment is £149.79 and the ppi is £50.50,so i am paying £200.29 a month.

The loan is still active!!

smitchy73

flossy35 wrote: »

ooops.Please forgive me.Am new to this.

The loan was £8.000.00
PPI £2.696.82
Apr 14.9%
I took the loan in july 2007
number of repayments 84
Monthly repayment is £149.79 and the ppi is £50.50,so i am paying £200.29 a month.

The loan is still active!!

Hi flossy it's cool,
By my calculations youd be due to get back
51 x 50.50 = £2575.50, plus
8% interest on each payment from when it was made = £444.09
Making a total of £3019.59, this is just a rough figure making payment on first of month and last payment made on 1st september, and thats to date, obviously it may be a couple of months before you get your decision and you may have more monthly payments to make but you'll get more interest as that should work this out to when they are refunding you.

Good luck, welcome to the forum and if there's anything else don't hesitate to ask.:D