PPI Reclaiming successes and failures

amersall

javorb wrote: »

told today by fos that they have just started 700 new employees to deal with ppi claims

That is good news, thanks.

fernack

Another update as postman just been lol.
Letter from MBNA with breakdown of refund etc ( just over £1000) and also an upheld letter from Barclays for a very old loan .... with a cheque for over £500 !! Not as much as some people have been reporting but I am very very happy!!!

amersall

javorb wrote: »

what is the best way to claim ppi on credit cards ,just want to cover all bases ,thanks

There is no best way really, just put the claim in with the reasons for mis sell try to get as much info as you can across to them, if you had cover elsewhere then let them know, put it in writing and keep copies, see what they come back with.

amersall

k_moor25 wrote: »

If claims are rejected by ya bank what do the Finacial Ombudsdum do? do they get you your money?

They look at the claim, if they think the bank were right in rejecting, they agree with the bank, if they disagree with the bank, they will uphold and the bank have to pay you.

amersall

wannabee_saver wrote: »

Hi All,

Just received a response from Barclaycard regarding a PPI complaint on my old credit card with them and EGG.

Basically they are UNABLE to uphold my complaint for a number of reasons (all of which look like generic copy & paste responses).

Just wondered if its worth going to the ombudsmen or if anyone else had trouble with Barclaycard etc...

Thanks

Take this to FOS if you disagree with the rejections and it is the banks final response, put why and the FOS will decide.
If it is not a final response, then send the reasons you reject their findings back to the bank.

amersall

bernstein wrote: »

ongoing...
A PPI claim against Capital One has been defended on the basis that I ticked the PPI box on the application form. Does the fact that I was not made aware that other insurance providers were available enable me to go to FOS?

They are not obliged to tell you that you can get cover elsewhere, if this is not a final response from the bank then write back to them and reject the decision, reiterate why you did not need the PPI and just because you ticked the application does not mean that you understood the PPI and the cost, or that you had a need for it.

amersall

elaine1960 wrote: »

Here goes I hae been watching this site for some time and looking at all the success stories is great, so I decieded to look at my own past and present loans/credit cards to see if I had PPI on any of them.
Took out a loan with GE money (can't remember exact date as I did not have paper work) I found a letter for an early settlement which was dated 16/06/2006 for £11,013.08 which we paid off in full, so I contacted GE money to see if PPI was added, they confirmed that it was I asked them to start process for refund as I did not ask for PPI as I knew it would not cover me as I have several illnesses which PPI does not cover.
Got a letter today rejecting my claim stating " Based on information you have provided any complaint you may have concerning sale of PPI policy is time barred under the limitation Act 1980, and this was their final response to this matter".:(

Can any one advise if it is worth while pursuing this.

Any advice is appreciated.

Depending on the year this loan was taken out, you need to contact Ge and ask.
If it was taken out before 04 it is possible that the FOS may suggest the insurer route, if it was after 04 then send this to FOS , you have only recently found out about PPI mis sell, put that this was Single Premium PPI and the full cost and unfair rebates of this PPI were not explained to you at the point of sale to make an informed decision, had you known the full cost you would not have taken this product.

amersall

Rooney_10 wrote: »

Has anyone had any Lloyds claims on loans upheld lately :question:

As mentioned above, it seems that they are all being rejected (even if front loaded) and a long time since someone told us of a lloyds success !! :think:

I suggest for all with rejections from Lloyds to send them to FOS, hopefully they will deal with Lloyds and sort this out.

amersall

RedAsh wrote: »

Hello, I am after a little advice if anyone could help me please?....well here goes... I'm a newbie so please bear with!....

I wrote to Egg asking for a full breakdown and a copy of my loan agreement for a credit card account which closed in 2009. I sent them a cheque for 10 pound as the account is closed. They have cashed the cheque and have sent me all the statements for the 2 year period that the account was active which clearly state that PPI was paid, but have sent me another letter saying that they are under no obligation to provide a copy of the loan agreement as the account is now closed??

I'm not quite sure what my next move needs to be?! I'm contemplating filling in the questionnaire anyway and trying to claim with just the statements???

Any ideas will be most welcome!

Thank you

The statements are fine, the agreement may not help you as most CC PPI is taken when you phone to activate the card or in a slaes call later.
Put the claim in.

cleckheaton

one letter seven weeks 1500 thanks so simple:beer::A