PPI Reclaiming successes and failures

lostcount

lostcount wrote: »

Not sure if this is the correct forum. By I had my car on fiat finance with payment insurance. I have just had a letter to say it is now changing to credit protection insurance. So I have looked at the original paperwork and think that the insurance might be front loaded because it states the amount of credit for the insurance and the amount payable below and its an extra £500 does this mean this is interest on the insurance and do I have a possible claim?

Sorry found the correct forum now

orchidstar_2

Back in 2007 my partner and i took out a substantial loan (£505,000) to refurbish an old barn. The bank suggested a 'business' loan and for this we paid extortionate insurance monthly. We sold the property in June 2009 and paid back the loan. Are we able to reclaim any PPI on a business loan?
Any comments would be greatly appreciated. Also, has anyone ever used PPI claim companies successfully and could you recommend one?

john_cox

amersall wrote: »

If you have reasons for mis sell,then you can put a claim in.
Look here for reasons for mis sell ...

Thank you. Will use this and let this forum know how it goes.

MrB_2

A success story for me (At last) Sandandar have deposited £1,295 in my bank account today for a mis-sold PPi on a bank loan from 2006

Furry_Sausage

Quick question: How long do banks tend to take to deal with PPI claims? I submitted mine in November and haven't heard anything.

save_up_ya_pennies

I had a Halifax credit card that I havent used for a very long time I phoned up about 3 weeks ago to look into PPI. They put me through to a dept who fills the paperwork in for you and today I am very happy to say I have £938.79 back whoo hooo! got the bit between my teeth now!! look out Capital One.................

amersall

john_cox wrote: »

Thank you. Will use this and let this forum know how it goes.

Good luck.

amersall

save_up_ya_pennies wrote: »

I had a Halifax credit card that I havent used for a very long time I phoned up about 3 weeks ago to look into PPI. They put me through to a dept who fills the paperwork in for you and today I am very happy to say I have £938.79 back whoo hooo! got the bit between my teeth now!! look out Capital One.................

:jThats the way to do it :beer:

amersall

Furry_Sausage wrote: »

Quick question: How long do banks tend to take to deal with PPI claims? I submitted mine in November and haven't heard anything.

Which bank,and did you get the acknowledgement letter?.

amersall

orchidstar wrote: »

Back in 2007 my partner and i took out a substantial loan (£505,000) to refurbish an old barn. The bank suggested a 'business' loan and for this we paid extortionate insurance monthly. We sold the property in June 2009 and paid back the loan. Are we able to reclaim any PPI on a business loan?
Any comments would be greatly appreciated. Also, has anyone ever used PPI claim companies successfully and could you recommend one?

If you have reasons for mis sell,then you can put a claim in.
Look here for reasons for mis sell
http://www.moneysavingexpert.com/rec...loan-insurance
Write to the bank giving reasons for mis sell,put a stamp on,take a walk to the post office and send it off,give them 2 weeks to give you an acknowledgement and 6 weeks after for a final response.

Now to a company that can help you,you do the above,you win redress,the company take a % of the win plus vat.
What scenario are you going to go with?.

Claims co MSE for free,or a claims co from the phone book or tv advert?.

Put your claim in and take it from there.