PPI Reclaiming successes and failures

Shaz88

Hi all... I'm new here and wondered if anyone could help me with my question.

My husband took a loan out with Black Horse Finance in 2002, between 2002/2008 he topped the loan up three times. He send complaint letters for the miss selling of PPI on all 4 policies and had rejection letters for two of those policies. However, he has just been made an offer on the other two. If he accepts the offer, does that mean he can no longer pursue the other two? One of the policies that was rejected just happened to be the biggest one and at the time of taking that loan out my husband wasn't even aware that PPI had been added.

Thank you in advance!

Julesiep

My husband has just got his offer from the HSBC... £7,871.20!!!
We are with the CCCS and this amount will take a year off our DMP. Now we should hopefully be debt free in three years! So happy! :T

fsaxom

Hi folks,

Long time no speak you will be glad to hear i have won my case with the help of the FOS and ofcourse with all the advice and guidance via here so thanks everyone. hopefully now someone who is good with numbers (unlike me lol) will be able to work out how much i'm likely to be offered please. here goes,


Loan amount: £27,400.00
PPI amount: £4,110.00 (front loaded)
Total amount credit: £31,510.00
APR: 10.88%
loan over 180 months = 15 years
but PPI cover for only first 5 years of loan
Monthly repayable amount: £355.85
loan started on 09/08/2005 still in force
PPI ended 11/08/2010 after running its term.

any help much appreciated if missing any info let me know

thanks again everyone

odd_socks

Well done to all the winners :j:j:j:j:j:j:j:j

mummum2

Julesiep wrote: »

My husband has just got his offer from the HSBC... £7,871.20!!!
We are with the CCCS and this amount will take a year off our DMP. Now we should hopefully be debt free in three years! So happy! :T

Had to reply! as a fellow (DF'er) so happy for your Jules:j. I'm hoping to be debt free by end of next year, but if not doable early 2013. Good luck!:beer:

MM2

pc007

Hi All,

I had recevied my offer letter from Firstplus a week ago last Tuesday and sent back acceptance form the following day. After reading a lot of comments on here I thought I would give them a call to see if they had recevied the acceptance.

After four calls, the first three being on hold and then someone blatently picking up the phone and hanging up, someone answered the phone and did not put it back down.

I asked if they had recevied the acceptance form and the lady said "there is no record of it on the system but it might not have been scanned in yet and to ring back on Monday to get a new letter sent out". Sounds like stalling tatics to me.

I also asked once they have scanned the form how long does it take and she said "they are dealing with thousands of claims a day and althought the letter states 6-8 weeks it is taking over 10 weeks and I would probalby not see anything until after xmas now".

Stall, stall, stall. I am not in a rush but it would be nice for them to stick to their own advised times, very frustrating.

Just thought I would let everyone know what they are now saying.

Always_searching

Afternoon one & all,

I have received 2 new loan agreements from Halifax saying the new agreements are excluding PPI to replace my loans which currently have it. I have still had no response regarding my actual complaints so should I see this as them admitting to the mis-selling or is this their standard practice for anyone taking out a PPI complaint??

Hope this makes sense and one of the folks on here can help.

nutty_nat

Dizzywithmoney wrote: »

By the way Nat - they paid us interest on the original amount offered (8 weeks interest I presume) and also the 8% was paid net so that we dont have to worry about paying tax on this. Hope this helps you too.

Thank you for that, so pleased you got the cheques at last.

nutty_nat

pc007 wrote: »

Hi All,

I had recevied my offer letter from Firstplus a week ago last Tuesday and sent back acceptance form the following day. After reading a lot of comments on here I thought I would give them a call to see if they had recevied the acceptance.

After four calls, the first three being on hold and then someone blatently picking up the phone and hanging up, someone answered the phone and did not put it back down.

I asked if they had recevied the acceptance form and the lady said "there is no record of it on the system but it might not have been scanned in yet and to ring back on Monday to get a new letter sent out". Sounds like stalling tatics to me.

I also asked once they have scanned the form how long does it take and she said "they are dealing with thousands of claims a day and althought the letter states 6-8 weeks it is taking over 10 weeks and I would probalby not see anything until after xmas now".

Stall, stall, stall. I am not in a rush but it would be nice for them to stick to their own advised times, very frustrating.

Just thought I would let everyone know what they are now saying.

Thank you for that, I have been waiting four weeks now. Some people have had there cheque after five weeks some are eight. I haven't heard anybody be ten weeks that is awful. I will start chasing at the six week mark .

Tootsweet_2

In my rush I forgot to say hello sorry

Credit Card PPI
LLOYDSTSB
I received £1700 :T
Martins PPI letter :money::)


I successfully reclaimed my PPI for my credit card from Lloydstsb using The reclaim form on this site

This was the second time i had tried as I'd originally been given the brush off by them back in 2008.

The first time I'd used a claims company (Conkers) but I had to write the letter summing up what had happened without guidance?

I wasn't working at the time but was in full time education so wouldn't off been covered and wasn't given the option to opt out as I thought you had to agree because the form was filled out for me and I'd just put my signature to it.

Stick to Your guns!

My favourite saying "If you don't ask you don't get!"