PPI Reclaiming successes and failures

malli000

thegaffer wrote: »

My 3rd claim with MBA has been upheld thats 3 totalling £20k now (1 x CC, 2 X loans)

the CEO there Ian Doherty is very good, emailed him and he gets within a day with the breakdown, if only Lloyd's were as good !

Question though can anyone help - How do i tell the taxman about the 8% interest (does he get it all or just a portion of it), but if someone could tell me who ro write to or website i would be most grateful

thanks

Do you have the email for Ian doherty?

Fan

Hi all
I have posted this question on another forrum but thought it might fit better here...
I have received an offer letter from Natwest for each of the 4 loans we have had. Each one stated an amount + interest = Total offer. We accepted on Monday
Today we have recieved two amounts into our account. These are for the two lowest loans and do not include the interest element. Am I right in thinking the interest has to be recalculated to today and will be paid seperately or have I got it completely wrong?
Has anyone else been paid in this way by Natwest?
Thanks In Advance

cmr824

Hello all,

I would like to say thank you for this forum as due to the information and the shared stories I decided to get in touch with Santander about the lan I took out with Cahoot in 2005.
I sent one letter to them detailing that I felt I was mis sold PPI, that I wanted a full list of all the transactions and a copy of the terms of my loan.
Cahoot had been bought by Abbey and then Santander, with such a huge company I expected to get caught up in a paper trail and for it to take onths of communication to get anywhere.

Oh, how wrong I was!!! One letter from me, then one week later a reply came through with an offer £6,313 refund. Over the moon doesn't even cover it!

So I would like to encourage anyone who thinks they even remotely have a reason for claiming to do so. I was young and naive when I took my loan out and I have regretted it so many times. Now I can clear credit cards off and cut them up! I can support my partner financially as he fights for contact with his child. THERE IS LIGHT OUT THERE!

Thank you to all previous posters for the encouraging stories!

woody252506

Ive had a successful claim thanks to this site!

I took out a loan in 2003 to pay for my new car, then refinanced this in 2005.

I finished paying this off in 2010 and as I claimed back in 2006 (I broke my foot playing football so was off work) id always believed I had no case for a claim. After reading on here and various other sites about how this makes no difference i completed a simple letter and filled out the questionaire from this site.

I sent these off just before xmas and got a response on the 30th December 2011 saying my claim would be assessed and I would hear the outcome within 8 weeks. Yesterday I got the letter offering me £5100, minus the claim amount I made (£276) so ive got £4824 coming to me over the next week or so :T

Im over the moon, i never expected so much! Given we are getting married in Aug and going on our honeymoon this is a big help, plus we need a new bathroom too.

Thanks to this site and everyones help/posts on here.

LAM2011

Fan wrote: »

Hi all
I have posted this question on another forrum but thought it might fit better here...
I have received an offer letter from Natwest for each of the 4 loans we have had. Each one stated an amount + interest = Total offer. We accepted on Monday
Today we have recieved two amounts into our account. These are for the two lowest loans and do not include the interest element. Am I right in thinking the interest has to be recalculated to today and will be paid seperately or have I got it completely wrong?
Has anyone else been paid in this way by Natwest?
Thanks In Advance

Yes its correct. I had the same a few weeks back. The interest and final amount went into my account within a few days.

Fan

LAM2011 wrote: »

Yes its correct. I had the same a few weeks back. The interest and final amount went into my account within a few days.

:jThanks ever so much, so I'll get 8 seperate amounts then if there were 4 offers?

Thanks again

lucygooseyb

FINALLY A PAYMENT AND ALL OVER!

22 weeks later I have finally received all my money from lloyds...

I received £2500 for a loan back at the end of November and then have got the final £500 for my credit card today. This morning I tranferred the money over to my Nationwide account and on my lunch break today I have been and closed my LLoyds account. Gave me so much pleasure to do so!! Never dealing with them again....

Good luck to everyone, I hope you all get your money very soon. Keep fighting, keep pestering!

May 2011 - Questionnaires sent to Lloyds
August 2011 - Upheld for both Loan and Credit card
16th September 2011 - Receive my offer letters for both
November 2011 - Receive loan payment
17th Feb 2012 - Receive credit card payment
17th Feb 2012 - account closed, the end

Lucy xx

PS: Thank you to everyone on the forum for being so helpful and supportive. Tickets to bestival are being booked this evening wahooooooo! x:beer::beer::beer:

mt7x2

woody252506 wrote: »

Ive had a successful claim thanks to this site!

I took out a loan in 2003 to pay for my new car, then refinanced this in 2005.

I finished paying this off in 2010 and as I claimed back in 2006 (I broke my foot playing football so was off work) id always believed I had no case for a claim. After reading on here and various other sites about how this makes no difference i completed a simple letter and filled out the questionaire from this site.

I sent these off just before xmas and got a response on the 30th December 2011 saying my claim would be assessed and I would hear the outcome within 8 weeks. Yesterday I got the letter offering me £5100, minus the claim amount I made (£276) so ive got £4824 coming to me over the next week or so :T

Im over the moon, i never expected so much! Given we are getting married in Aug and going on our honeymoon this is a big help, plus we need a new bathroom too.

Thanks to this site and everyones help/posts on here.

Great news.

Can I ask what reasons you give for claiming back, we are in a similar position going to try and claim off our Egg accounts but have claimed for sickness for a few months many years ago.

woody252506

mt7x2 wrote: »

Great news.

Can I ask what reasons you give for claiming back, we are in a similar position going to try and claim off our Egg accounts but have claimed for sickness for a few months many years ago.

At the time I was a 23 year old , still living at home and working for the public sector in I.T. Everywhere was booming so the chances of me losing my job were very slim and even if i did I had my parents down as the guarantors on the loan. They were financially secure for the rest of their lives so why would I have taken PPI out unless I was mis sold? I wouldnt have

This was all put forward to the bank in my letter/the questionaire.

mt7x2

woody252506 wrote: »

At the time I was a 23 year old , still living at home and working for the public sector in I.T. Everywhere was booming so the chances of me losing my job were very slim and even if i did I had my parents down as the guarantors on the loan. They were financially secure for the rest of their lives so why would I have taken PPI out unless I was mis sold? I wouldnt have

This was all put forward to the bank in my letter/the questionaire.

Thanks, my husband was in a good job with full sick pay at the time too, so may put that as our reason.