PPI Reclaiming successes and failures

amersall

hall.brian wrote: »

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.....

You need to ring them and ask for a statement showing the loan the arrears were paid to.

daveyadams

Just checked my online banking and I appear to have scored another hit with my PPI reclaiming! :-)

What you were reclaiming: Credit card PPI

Who was the provider: Bank One/Halifax

How much did you get back:
Refund of Premium - £1,131.32
Refund of APR - £811.86
Rebate Refund - £771.05
Total = £2,714.23

Did you get it back after a letter or did you go to the Financial Ombudsman:
Just sent in FOS questionnaire.


My reasons for mis sell were that I had other insurance in place, I was living at home when I took it out and it was completely unnecessary given my circumstances.

This card is still live but it was actually a Bank One International card which I opened in the late '90s, which was later bought out by Halifax.


My card is now in credit, will they take it back off me and send me a cheque or do I have to get them to move it myself?

maz1411

Hi I have just found details of my halifax loan taken out in 2004, is there a way i can workout how much i should get back, it was only a small loan £1,000 with PPI cost of £154.90,
can anyone help?

amersall

Does the ppi amount you put above include the interest, what was the loan term and did you settle early?.

amersall

My card is now in credit, will they take it back off me and send me a cheque or do I have to get them to move it myself?

They should send you a cheque, do not use the card until they have taken this back or you will pay interest on what ever you use the card for.

maz1411

amersall wrote: »

Does the ppi amount you put above include the interest, what was the loan term and did you settle early?.

loan details
1,000 cash loan
191.36 credit charge
154.90 insurance (PPI)
29.66 charge

loan was repaid over 24 months , not settled early
thanks

dilus

maz1411 wrote: »

loan details
1,000 cash loan
191.36 credit charge
154.90 insurance (PPI)
29.66 charge

loan was repaid over 24 months , not settled early
thanks

Sorry to gatecrash amersall

Hi maz1411,
You should get back all PPI paid + the interest you paid on it + 8% standard interest, so

PPI £154.90
Interest £ 29.66
8% int £ 15.45

Total £200.01

amersall

dilus wrote: »

Sorry to gatecrash amersall

Hi maz1411,
You should get back all PPI paid + the interest you paid on it + 8% standard interest, so

PPI £154.90
Interest £ 29.66
8% int £ 15.45

Total £200.01

:p:p:p No prob :A:A

maz1411

dilus wrote: »

Sorry to gatecrash amersall

Hi maz1411,
You should get back all PPI paid + the interest you paid on it + 8% standard interest, so

PPI £154.90
Interest £ 29.66
8% int £ 15.45

Total £200.01

thanks for that at least I know now what i should expect

Davey_Bones

Just a quick question, the 8% interest is this regardless of how long ago it was, or is it 8% annually since they took the PPI off you?