PPI Reclaiming successes and failures

ginger64

hopeful1983happy wrote: »

Hi All,

I just wondered if anyone had successfully applied for PPI mis-selling while on a Debt Management Plan at all?

Thanks

Hi,
I'm on a DMP and have successfully claimed PPI - had money paid into my bank account from Northern Rock, £2,000 from Halifax is going to the Consumer Credit Counsel who do my DMP for me for them to distribute between my creditors and Lloyds TSB are sending me a cheque for £4,600, so I think it depends on who you claim the PPI off as to what they do with your money - they are all different.
hope this helps.

mum2oliver

flippin_eck wrote: »

I used the form and guide from this site to place two PPI miss sold claims. If you think your not cut out to do it yourself believe me its easy and well woth the effort.

From sending the first letter to recieving the final settlement it took a total of 9 months.

MBNA and Goldfish / Barclay Card were the two credit cards I had, one for around 3 yrs the other about 12 yrs. Both settled with no problem, at the time it seemed to be taking for ever but looking back I can't really grumble.

MBNA offered £800 and Barclay Card £41500 ... no its not a typing error it does say £41500

An hour or so to fill the forms in and a couple of stamps. Be mad not to I think.

Hi Flippin, Roughly what were your balances on the Barclaycard?? I have a claim ongoing with them at the moment, I have had my card for 20 years now, they rejected at first but I have asked them to reconsider. Many thanks

DebtFree2012

HSBC have upheld my complaint and are paying me back circa £1500 however I should have had it by now and I cannot get through on the number given on this website (same as that on thier letters) for the life of me/ It simply rings and rings then I get cut off.

Any ideas anyone? TIA.

ajay5021

023 8072 3004 cheers

Nicolax589

Hello Everyone,
I submitted a Claim to lloyds for misold loan insurance back in May of last year. In August i received a letter to say my claim had been accepted and I would be paid. Despited hundreds of phone calls, ive still not received any money or other letters! I ring them at least four times a week for them to say its still been calculated by the payments team, we've escalated it to our team manager etc to again hear nothing. I dont know what else to do, i've been waiting 5 months for a calculation. I know im not the only one but 5 months is a bit extreme I think. Any advice anyone?
Thank You,
Nicola

ctunni

I wrote to Lloyds on behalf of my boyfriend making a claim for PPI on an old loan. I followed the instructions on MSE and filled out a FSA questionnaire along with a covering letter. Lloyds quickly wrote back saying that they were going to investigate ALL loans and credit cards accounts owned by my boyfriend. Just before Christmas we received a letter from Lloyds listing several loans with PPI and repayment offers including interest. I am happy to report that my boyfriend is now awaiting a total of £8000 to be repaid into his bank account. Many thanks for all your help with this, if it hadn't been for MSE I probably never would have attempted to make a claim.:T

Carmen_Goode

WOW ! thats great.

I wonder if anyone can answetr my question. I got a loan though A&L back in December 2006. I applied for my loan on the internet. How can I check if the PPI box was pre ticked.. i cannot relaly remember and if i write to A&L, they could just say the box was not preticked .. I guess they will have to proove this .... can anyone help, thanks

highadmiral

Carmen_Goode wrote: »

WOW ! thats great.

I wonder if anyone can answetr my question. I got a loan though A&L back in December 2006. I applied for my loan on the internet. How can I check if the PPI box was pre ticked.. i cannot relaly remember and if i write to A&L, they could just say the box was not preticked .. I guess they will have to proove this .... can anyone help, thanks

I have just submitted a first email complaint to Santander regarding an A&L loan also taken out online in October 2006.I would be almost certain that yours is the same as mine in that it was a front loaded single premium policy,that is my main angle of attack.These were bad products,basically a loan within a loan where you were paying interest on an insurance premium.

I am also new to this,but i believe these type of PPI policies can be regarded as missold regardless of how they were applied for as the FOS take a view they were extremely bad value.Perhaps someone with more experience can comment?

In my case i tried to cancel the PPI when i became self employed just 6 months into a 5 year loan.I was told i could not other than by refinancing the loan.I was told that since i was only recently self employed i would be unlikely to be accepted on a new application and a rejection would harm my credit rating.
I was basically stuck with this thing for the full five years.

I have also complained that the internet form didn't give an option to pay for the policy as a single payment without interest.In addition that there were insufficient questions asked online regarding whether i received full sick pay from my employer and whether i would consider it likely i might pay off the loan before full term.

dwc01

I've just received an offer of just over £2017.00 for PPI which was missold in 2000! The PPI ammount paid was £623.55 with a rebate they had miscalculated when we paid off the loan early ((£409.26) and £984.32 in interest at 8%!!! A total of £2017.13!! I only sent the letter (downloaded from this site) on 12th December 2011 and this letter was dated 22nd December 2011. I can't believe how quick it has been to receive an offer-bearing in mind it was over the Christmas break too. The bank was Alliance and Leicester (had to write to santander) and it was a £5000 loan.
I nearly didn't bother claiming and i'm so p[leased now that I did. i am also waiting for other claims to be answered from Barclays, barclaycard, I.F and Virgin (HSBC) all for PPI claims. I will let you know how I get on.
Thank you to everyone who posted on this site as reading these success stories spurred me on to send in these claims.
Any one with any doubts-Don't wait!!!! it is only the cost of postage. i have now had a very nice start to the New Year. Thanks again.:beer:

eddiei

Just to let everyone know I made a claim against a mis-sold PPI policy from the Halifax. I actually had claimed of the policy after having a stroke in 2001. Halifax have agreed to pay back £1476.04 in premiums + 8% interest of £1686.56 less previously paid out claim of £2400.00 making a net payment of £762.60. All i did was phone the Halifax and complained over the phone - no letter required and in about 10 weeks they have made me this offer. So even when you claim successfully of a policy you can still seek compensation for it being mis-sold. Hope you find this helpful.