PPI Reclaiming successes and failures

dilus

carolinexxx wrote: »

Hi there,
Hsbc replay to my complaint about miss-sold ppi on my credit card.
They offered to pay redress of 2000 in full and final settelment of my complaint.
Just want to ask what they mean by:
In order to ensure that this matter has not financially disadvantaged you,the offer will put you back into the position that you would have been had the Cardholder Repayment Protector not been taken out.


Regards
Caroline

They are giving you FULL redress, which means all PPI that you have paid plus 8% standard interest.
The statement above basically means they are giving you back everything that you shouldn't have paid with regard to insurance Well done :T

hall.brian

hall.brian wrote: »

can i say a big thank you ..to u ..out there for your help last night...it was a good sucsess .but im sure it could have been better...here goes after a few well a lot of phone calls today...barclays said they would post a cheque for £838....this is two parts off ppi...1st part is the claim ..2nd part is the interest..3rd part the hand shake they give u as good will...well parts 1..and 2..even if u are in areaers with the bank these they can not touch they have to give u it..the rest u have to fight for even if u dont agree with what they have done with part 1..of the ppi claim in my case i was told tonight was over £4000....well will have to wait and see if they send anything else..but £38 is better than nothing does any body out there agrea or think i should still figth them as i still think they are wrong for not contacting me..they said i never contacted them this is why they took £4000 as my other debt was just sitting there with no repayment offer beeing made ..well i was waiting for them..as all other creditors contacted me ..thank you for all your help

hello again as u remember me from thursday night this week.....and all the help i got off u.....on friday i spoke to them as u know.....and they said they had sent a cheque to debt free direct..on friday night i spoke to them again and then they sent me a cheque direct ..to quik dont u think ..i said are u sure u told me last call to u ..u had sent it else were ..yes they said its coming to u direct..well lo and behold saturday morning a cheque on the door for the £838 they said ..but also the latest statment of how they came to the figure ...and what makes me mad is the figures dont match what they told me ..the total was acctually...£5004....they kept over £4000 off me in wehat they say was arears...well i think if i add miss payment..all together..it would amount to nearly 20 months payments and i only missed 12.....

poogli

Hello everyone, I am new here. This has no doubt been asked a million times but this is a very large thread and I would like some guidance please.

My debts are getting out of hand, but my credit card in particular: at around £7000 is what is making me sick. Anyway, I've had the card for about 7 years and have PPI on it. My question is, should I go through my bank (BoS)? They told me have their own team for dealing with PPI claims, is this recommended or should I do my own claim? I prefer the thought of someone else dealing with it (got enough to stress about) but I don't want to if there is a risk of them not being fair (it is against them after all).

kirstym1

Hiya all
well done on everyones successes its very inspirational to read them all. I've got a few claims in at the moment with Halifax, HSBC, Barclaycard and Virgin just wanted to ask if anyone who has had a success with any of these how long it took to from start to finish with your claim? I sent off the claims in the last two weeks of Feb 2012 I've received acknowledgement letters from all but I'm getting impatient now I'm on maternity leave at the moment and any extra money would be fantastic, keep waiting on the post everyday to see if anything has arrived x

carolinexxx

dilus wrote: »

They are giving you FULL redress, which means all PPI that you have paid plus 8% standard interest.
The statement above basically means they are giving you back everything that you shouldn't have paid with regard to insurance Well done :T

Thank You dilus.Just wonder,as I still have a Credit Card with them,could they use those to pay it of?They didnt mention it in the letter.
Regards
Caroline

only_mee

If you are in arrears, yes.

amersall

moneyangel22 wrote: »

Well done!!!

So his oldest loan was in 1999 and they still had details?
I ask because they are telling me they don't have details for my loans from 2005 and 2006 due to their age!!!

Thanks

Have you done a Sar for these?

https://forums.moneysavingexpert.com/discussion/1475553
This will get you the info you need.
If a loan or CC is closed, the details will be archived this is why they cannot find them, you pay the £10 for them to retrieve the info.

amersall

poogli wrote: »

Hello everyone, I am new here. This has no doubt been asked a million times but this is a very large thread and I would like some guidance please.

My debts are getting out of hand, but my credit card in particular: at around £7000 is what is making me sick. Anyway, I've had the card for about 7 years and have PPI on it. My question is, should I go through my bank (BoS)? They told me have their own team for dealing with PPI claims, is this recommended or should I do my own claim? I prefer the thought of someone else dealing with it (got enough to stress about) but I don't want to if there is a risk of them not being fair (it is against them after all).

Look here for reasons for mis sell
http://www.moneysavingexpert.com/reclaim/ppi-credit-card-insurance#step2
If any/all apply to you then make the claim you only need the card number, you can ring BOS and do this over the phone, when you hang the receiver up sit back and wait for a response


08457 253 519

amersall

kirstym1 wrote: »

Hiya all
well done on everyones successes its very inspirational to read them all. I've got a few claims in at the moment with Halifax, HSBC, Barclaycard and Virgin just wanted to ask if anyone who has had a success with any of these how long it took to from start to finish with your claim? I sent off the claims in the last two weeks of Feb 2012 I've received acknowledgement letters from all but I'm getting impatient now I'm on maternity leave at the moment and any extra money would be fantastic, keep waiting on the post everyday to see if anything has arrived x

They have 8 weeks to give a final response if you put your claim in on or after Jan 1st, it is 12 weeks if put in on or after 1st Sep to Dec 31st 2011.

PrincessSoo

di3004 wrote: »

Well done on your success Sue!:beer:

Yes I believe they do it this way, keep an eye on your account early next week, if nothing by the middle or end of next week, give them a call.
Good luck!

thanks a lot getting this refund couldnt have came at a better time spoil my son a little and me of course :rotfl: