PPI Reclaiming successes and failures

maxdp

Shellbell wrote: »

Hi all

Not been on here for a few weeks but looks like there have been some good wins :-)

Co-op have till next Thursday to contact me about my settlement, I'm right in thinking they will leave till the last minute with it? I don't know whether to ring and find out whats happening as I still don't know what the settlement figure is however, I'm estimating it to be £4000+. The FOS have said that if I don't hear from them withing 4wks of the date of their letter that I should contact them again.

I'm debt free now, no more loans (yay) and I'm now £70 better off a month which is a relief, just waiting on Co-op to settle up.

:-)

Well done. Really pleased for you Shellbell.:j

honeydog_2

what were you reclaiming ppi

who was the provider barclays

how much did you get back £4448

i wrote to barclays in october 08 as when i took out the ppi i was told that i couldn't have the loan without the insurance, i received a few letters saying they were looking into it, then heard nothing i rang jan 09 and feb they said they were still looking into my claim and then had a lovely phone call end of feb saying i would get the money back plus interest, plus 8% interest, they cleared my loan (it wasn't due to be finished for another 18 months) and they owed me some money, which was put into my account that day. i can't begin to tell you how thrilled i am, martin thankyou so much
:j :j :j :j :j :j :j :j :j :j :j :j :j :j :j

di3004

Lainster78 wrote: »

What were you reclaiming: Personal Loan PPI
Who was the provider: Clydesdale Bank
How much did you get back: £2,749.50 plus £103.68 interest and the remaining installments of my loan will reduce by £61 per month
Did you get it back after a letter or did you go to the Financial Ombudsman: Just one letter!


In 2005 I took out a 5 year loan with the Clydesdale bank. At the time my credit rating wasn't very good, so the advisor said because of this she needed to automatically include PPI into my quote or I wouldn't be accepted. Once I had been accepted she said I could re-apply without the PPI, but there was no guarantee the loan would be accepted and that would void my previous acceptance.

After reading articles on this site I realised that although I knew I had PPI, I had never been provided with a breakdown of what I was paying and realised I had possibly been mis-sold the policy.

As I was never provided with a copy of my loan agreement that I know of, I wrote an initial letter to my bank stating this and requesting they provide me with a breakdown of my monthly PPI repayments.

They must have forwarded this to the complaints department as I was then sent out a questionnaire asking for the full details of my complaint. I filled this in and was told I would have a response in 4 weeks. After 4 weeks I received a letter to say they needed another 4 weeks and 2 weeks later I received a letter stating that my complaint had been upheld and they would cancel my PPI, refund what I had paid (plus interest) and remove PPI from my future loan repayments.

Ultimately, combining my refund with the amount I was still due to pay for PPI I have saved £3,660 and will now be able to clear my loan one year earlier than planned! :T

So if you are thinking you may have been mis-sold your PPI, please please please do something about it as one simple letter resulted in me being almost £4,000 better off!

Happy reclaiming!:rotfl:

Wow, well done to you.......:T , Congratulations and thank you for posting your successful news.:beer: :T :beer:

Di
X

di3004

Shellbell wrote: »

Hi all

Not been on here for a few weeks but looks like there have been some good wins :-)

Co-op have till next Thursday to contact me about my settlement, I'm right in thinking they will leave till the last minute with it? I don't know whether to ring and find out whats happening as I still don't know what the settlement figure is however, I'm estimating it to be £4000+. The FOS have said that if I don't hear from them withing 4wks of the date of their letter that I should contact them again.

I'm debt free now, no more loans (yay) and I'm now £70 better off a month which is a relief, just waiting on Co-op to settle up.

:-)

Hi hunni

Well done and many congratulations :beer: :T :beer: , what a relief for you, good one hunni, brilliant news.:beer:

Di
X

di3004

honeydog wrote: »

what were you reclaiming ppi

who was the provider barclays

how much did you get back £4448

i wrote to barclays in october 08 as when i took out the ppi i was told that i couldn't have the loan without the insurance, i received a few letters saying they were looking into it, then heard nothing i rang jan 09 and feb they said they were still looking into my claim and then had a lovely phone call end of feb saying i would get the money back plus interest, plus 8% interest, they cleared my loan (it wasn't due to be finished for another 18 months) and they owed me some money, which was put into my account that day. i can't begin to tell you how thrilled i am, martin thankyou so much
:j :j :j :j :j :j :j :j :j :j :j :j :j :j :j

Congratulations and well done, excellent stuff :beer: :T :beer: :j

Onwards and upwards :T :T :T :T :beer:

Di
X

Frank_T_Boris

:money: :money: :money: :beer: :beer: :beer: :T :T :T :rotfl:
UPDATE:

Since my previous success with HSBC last week I have recieved confirmation today that they are upholding my complaint on the second loan, and thrown into the bargain a loan I had forgotten about and hadnt mentioned, so I will be recieving another £1189 courtesy of misold PPI.

I am frankly over the moon!

di3004

Frank_T_Boris wrote: »

:money: :money: :money: :beer: :beer: :beer: :T :T :T :rotfl:
UPDATE:

Since my previous success with HSBC last week I have recieved confirmation today that they are upholding my complaint on the second loan, and thrown into the bargain a loan I had forgotten about and hadnt mentioned, so I will be recieving another £1189 courtesy of misold PPI.

I am frankly over the moon!

Well done and many congratulations, excellent news.:beer: :T :beer:

Di
X

arthurdick

wow, some more great wins....very well done to you all .....i love this spank the bank thread .. still waiting for my amount of result, should not be too long now....;)....

arthurdick

just a few beers and a day trip to hastings will do me, i aint too greedy, just happy to know i got some sort of win over them

arthurdick

oh, and some chips cant go to hastings without having chips by the sea can i