PPI Reclaiming successes and failures

amersall

HAVEFAITH wrote: »

Hello there,

Many congrats re Nemo. I'm just about to start the fight against them for ppi. Did you use a template letter to request the rebate? can you post it here? Thanks very much

Do you mean a mis sell claim?, if so then write this letter to them, adjust for yourself, if you had cash back at a longer or less term or you had a bonus etc. .

We/I believe we were mis sold the ppi on the above account number,and would like recordings,if any to the contrary of my/our reasons for mis sell set out below.

1)We/I were not told that the ppi was in effect another loan that was added to the original loan and was repayable over the loan term with interest.

2) We/I were told that the ppi was a 5 year policy, but not told the ppi would still be on the loan to term end with interest.

3) We/I were told that if we did not make a claim,or go into arrears on the ppi ,after 5 years we would receive the cashback of ppi but were not told this would not include the interest made on these payments that we paid over the 5 years.

In line with the FOS recommendations it is requested that the overall situation be restored as if PPI had never been included. This will entail:
A refund of the monthly payments that have actually been paid towards the overall loan in excess of those that would have been needed, if the original loan had been sold without the PPI policy.

In addition, interest at the rate of 8% simple per annum to any excess payments made from the time each payment was made to the point that Barclays pays them back to us. We/i believe we were not given enough information on this ppi to make an informed decision. Had we/i known the full cost of this ppi we would not have taken it.

Unless you can prove without doubt that this PPI policy was fair, reasonable and suitable for my/our circumstances we/I will require you to rearrange the loan as if PPI had never been included on the above loan

amersall

di3004 wrote: »

Sorry long time posting...........:o

Well done and Congratulations to all winners!:beer::beer:

Apologies to other posters YYYaaaaaaaay You are back :A:A:A:A:A:A:A:A:A:A:A:D:D:D:D

di3004

toni66 wrote: »

Just spoke to them, they said the same as last time, we are looking into your case, and you will have an answer around the 1st april, they dont tell you anything, so annoying

Doh! :eek: the usual thing then!:(

Well hopefully you will receive the letter way before then, fingers crossed. x

di3004

amersall wrote: »

Apologies to other posters YYYaaaaaaaay You are back :A:A:A:A:A:A:A:A:A:A:A:D:D:D:D

LOL I am I am I am I am!!! lmao :rotfl::rotfl::rotfl::rotfl::rotfl::A:A:A:A:A Xxxx:D:D:D

amersall

kitty1965 wrote: »

I recently used a company to claim back ppi, i was constantly on the phone to them asking for updates but no one would ring me back. I contacted the bank in the end for an update. I recently had a letter off my bank offering me a settlement i rang the company i was using to ask if i should accept that was two weeks ago and they have not replied so now i have the cheque in my hand. What is the legal rights of the company to claim commission if i have had to do the works myself.

If you signed a contract with them then you have to pay the fee, the bank will notify them that they have paid you.
I know it is money for old rope but this is what these companies are all about.

You could write and ask them to renegotiate the fee as you did not think they did enough for your claim to warrant the fee they are charging, this may work but you will not know until you try.

toni66

thanks again di3004, im keeping my fingers crossed

amersall

teleop wrote: »

:jRang BOS today for update of cc claim . Adviser told me they had sent me a letter. I asked him could he tell me if it had been upheld he said yes & told me the first card £800 the 2nd £1000. So i am now just waiting for letter .:j Thanx to going on this site & reading all the successes that i tried . Also for the help & encouragement from Di & Amersall, goes without saying they both brill & give as much good advice as poss.:T:T To date i have had upheld Halifax loans & cc. BOS cc x2. MBNA cc. All good stuff. Brilliant stuff. Good Luck to all with claims keep going as i have said before if i can do it so can you.:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

:j:j Brill :beer: glad to have helped :T:T

New56

THANK YOU SO MUCH GUYS/ GIRLS !!! .. Sorry for shouting, i'm just a little over excited.. !!!

Yesterday i received a letter confirming the refund of £10,000 in compensation and fees charged against a loan i took out in 2005 with PPI charges.

I had orginally estimated the return to be around £3,100.. plus interest. This clearly is the best news i have had in a very long time. Without your advice and online support i would have never had the confidence to take this on. All it took was a couple of hours to sit down, follow your directions and write a letter, gather my paperwork, then add a first class stamp.

The whole process took approx 5 weeks to get a response, so for those of you still waiting.. dont worry it will happen!

I honestly cannot thank you all enough. Best wishes

di3004

New56 wrote: »

THANK YOU SO MUCH GUYS/ GIRLS !!! .. Sorry for shouting, i'm just a little over excited.. !!!

Yesterday i received a letter confirming the refund of £10,000 in compensation and fees charged against a loan i took out in 2005 with PPI charges.

I had orginally estimated the return to be around £3,100.. plus interest. This clearly is the best news i have had in a very long time. Without your advice and online support i would have never had the confidence to take this on. All it took was a couple of hours to sit down, follow your directions and write a letter, gather my paperwork, then add a first class stamp.

The whole process took approx 5 weeks to get a response, so for those of you still waiting.. dont worry it will happen!

I honestly cannot thank you all enough. Best wishes

AMAZING!!!!:T:T (don't worry I can shout too) lol:rotfl::rotfl::rotfl:

Excellent news! Congratulations!:beer:

iwilldebtfree

moneyangel22 wrote: »

Hi There,

Congrats on your success!!

Can I ask how long ago you took out the insurance with Abbey please?
I have a similar claim but its so old they dont have records so they say!

Thanks

Hi there, I took it out in June 2005 x