PPI Reclaiming successes and failures

kathdawson

What were you reclaiming: Loan taken out about 5 years ago
Who was the provider: NatWest
How much did you get back: 1500
Did you get it back after a letter or did you go to the Financial Ombudsman: Just one of Martin's letters
And then write your brief reclaim tale:

This was the easiest thing ever! I've watched Martin on GMTV several times and it jogged my memory that he was talking about me. I took out a loan about 5 years ago and I am sure they told me that I had to have the insurance to get the loan so of course I did it. There was no discussion about it being optional, or that I could buy it elsewhere or even whether I needed it (I've never been unemployed or sick).

I went to this website, followed the instructions, downloaded the first letter, edited it as instructed and posted it off. It took me all of 10 mins. It was about 3-4 weeks before I received a response saying they were looking into it. The whole thing has taken about 2 months but there was no argument and no need for me to write a second time.

They are not admitting liability but because they cannot find out exactly what happened, as a "gesture of good will" they are refunding all money paid for the insurance. Of course my repayments have dropped too!

I would not have done this without the encouragement and support of Martin and this website, in fact I wouldn't have had a clue that I was mis-sold the insurance so a great big THANK YOU!

My advice is send the letter off - it can't do any harm, takes only minutes and you might just get a windfall like me. I so wanted to be able to write this success!! :j

Gez01

Clossina wrote: »

Hi congratulations & well done, im about to take up the Welcome Finance challenge. And am prepared to go all the way to the end, wish me luck.

Hi Thank you for your support

The very best of luck with your claim. I've never won anything before so wasn't very hopeful when it was taking so long but I've been proved wrong and im so pleased

di3004

kathdawson wrote: »

What were you reclaiming: Loan taken out about 5 years ago
Who was the provider: NatWest
How much did you get back: 1500
Did you get it back after a letter or did you go to the Financial Ombudsman: Just one of Martin's letters
And then write your brief reclaim tale:

This was the easiest thing ever! I've watched Martin on GMTV several times and it jogged my memory that he was talking about me. I took out a loan about 5 years ago and I am sure they told me that I had to have the insurance to get the loan so of course I did it. There was no discussion about it being optional, or that I could buy it elsewhere or even whether I needed it (I've never been unemployed or sick).

I went to this website, followed the instructions, downloaded the first letter, edited it as instructed and posted it off. It took me all of 10 mins. It was about 3-4 weeks before I received a response saying they were looking into it. The whole thing has taken about 2 months but there was no argument and no need for me to write a second time.

They are not admitting liability but because they cannot find out exactly what happened, as a "gesture of good will" they are refunding all money paid for the insurance. Of course my repayments have dropped too!

I would not have done this without the encouragement and support of Martin and this website, in fact I wouldn't have had a clue that I was mis-sold the insurance so a great big THANK YOU!

My advice is send the letter off - it can't do any harm, takes only minutes and you might just get a windfall like me. I so wanted to be able to write this success!! :j

Congratulations and Well done :beer: :T :beer: , this is great news, good one hunni.:beer: :T :beer:

Di
X

amersall

kathdawson wrote: »

What were you reclaiming: Loan taken out about 5 years ago
Who was the provider: NatWest
How much did you get back: 1500
Did you get it back after a letter or did you go to the Financial Ombudsman: Just one of Martin's letters
And then write your brief reclaim tale:

This was the easiest thing ever! I've watched Martin on GMTV several times and it jogged my memory that he was talking about me. I took out a loan about 5 years ago and I am sure they told me that I had to have the insurance to get the loan so of course I did it. There was no discussion about it being optional, or that I could buy it elsewhere or even whether I needed it (I've never been unemployed or sick).

I went to this website, followed the instructions, downloaded the first letter, edited it as instructed and posted it off. It took me all of 10 mins. It was about 3-4 weeks before I received a response saying they were looking into it. The whole thing has taken about 2 months but there was no argument and no need for me to write a second time.

They are not admitting liability but because they cannot find out exactly what happened, as a "gesture of good will" they are refunding all money paid for the insurance. Of course my repayments have dropped too!

I would not have done this without the encouragement and support of Martin and this website, in fact I wouldn't have had a clue that I was mis-sold the insurance so a great big THANK YOU!

My advice is send the letter off - it can't do any harm, takes only minutes and you might just get a windfall like me. I so wanted to be able to write this success!! :j

:j:j:j:j:j:j:jexcellent , well done:T:T:T

sue149

sue149 wrote: »

yipee no arrears but how long f/plus take too pay out

if anyone finds out how long you have too wait too be paid out will you let us know cheers xxxx:beer:

helnag

Gez01 wrote: »

Hi Thanks for your post

I dont know the exact date the FOS received my complaint but it was around the middle of March 2008. I got a letter dated 10th March 09 from the adjudicator to inform me he was now investigating my complaint then on the 13th March I got another letter confirming that my complaint had been upheld and Welcome have by the 26th March to reply.
My reason for miss selling is that during signing my loan agreement I felt pressured by the salesmen into taking out the PPI and fet I really didn't really feel I had any option. The PPI was just added to my loan in one lump sum.

Oooohhh, I'm so excited, hope mine wont be long my letter from them to say they'd received my complaint was march 12th 08. Oh I really am so pleased for you. Please keep in touch and let us know whether Welcome agree or not. Big Well done to you!!! :T:T

arthurdick

afternoon campers, well done on all recent wins........for those that know me, di, amersall, max , pinky, sparky...and others.....my money is finally in....been a hard day at work today, so i think a few cool beers.........cheers all

maxdp

arthurdick wrote: »

afternoon campers, well done on all recent wins........for those that know me, di, amersall, max , pinky, sparky...and others.....my money is finally in....been a hard day at work today, so i think a few cool beers.........cheers all

Oh well done Arthur :j :j Really pleased for you am so glad it is now finalised. Feet up and enjoy a few beers. :beer: Been a wonderful warm day today makes me remember what summer is like:cool:

di3004

arthurdick wrote: »

afternoon campers, well done on all recent wins........for those that know me, di, amersall, max , pinky, sparky...and others.....my money is finally in....been a hard day at work today, so i think a few cool beers.........cheers all

Wow at long last arthurdick :T :T :T :T
Well done you, this is great news :beer: , and yeah a few well deserved beers :beer: :beer: , good one.:D :T .

Di
XX

pinknico

arthurdick wrote: »

afternoon campers, well done on all recent wins........for those that know me, di, amersall, max , pinky, sparky...and others.....my money is finally in....been a hard day at work today, so i think a few cool beers.........cheers all

Really pleased for you arthurdick, enjoy:beer: Mines a malibu and lemonade.:D