PPI Reclaiming successes and failures

happychappie13

happychappie13 wrote: »

Just had to say thanks!

Having money trouble and health has suffered for it but last 2 days have seen a massive change in fortune.

Just received notification from a well known secured loan lender that my ppi complaints against 3 loans (last of which was cleared early in 2007) have been up held... The total refund after tax has been deducted from the 8% simple interest pa is a life changing £41554.11. Didn't even have to fill in a form ; phoned to confirm the address to send it to and they took my complaint over the phone.

Have already received £2951 from a credit card and have 3 more claims waiting to hear from.

Thank you mse. Can now see a bright light at the end of what has been a very long and dark tunnel!

Update: have received my cheques now:). In addition, letter today from barclays re. Overdraft insurance. Complaint up held. £2990 to be refunded into my account. So far 3 out of 5 claims have paid out totalling £47500. Still waiting to hear from 2 more...

TarragonDragon_2

Hi guys. I've been lurking on this forum for ages. I plucked up the courage to ask my bank for SAR details and sent off the various letters after reading many many posts here.

Thanks to the wealth of information I've won the following claims (My employer pays 6months sick pay and I'm also self employed).

Natwest Credit Card PPI: £2,409 - Payment received, waiting on positive balance cheque
Natwest Loan PPI: £3,008 - Awaiting payment
MBNA Credit Card PPI: £433 - Awaiting payment
V12 Finance - Awaiting decision

I am now debt free and have set up my loan/cc payments to go into my savings account every month instead.

All for the price of a few stamps, brilliant!

Sandypan6

What were you reclaiming: loan
Who was the provider: Tesco bank
How much did you get back: £7.336
Did you get it back after a letter or did you go to the Financial Ombudsman: Template letter off this site

Applied for three ppi refunds and now all three UPHELD:-
Virgin cc - £735
MBNA loan - £4,430
Tesco loan - £7336

A massive thank you once again for everybody on this site for their information and motivation.
In the loft again tomorrow to see what other paperwork can find and trip to bank to pay off debts now DFW September 2013

gadget74

Hi all,
well initially I won with MBNA, got back 5200 pound, so thought I would go to Halifax and also Barclays.. both of them have rejected me.
Halifax have said that they my affordability was in order and so didnt affect the card, the premiums or whether I was accepted as it, as ppi wasnt taken out until I rang to activate the card. Barclays have replied with " we have identified that my application for PPI was submitted by post. At the point of applying for PPI, as no advice was given the process required your customer to select the specific type of cover they required"

"we are satisfied that the information presented, accurately described the scope of the policy, and was sufficient to provide them with all of the information necessary"

I had no need for either of these products as I was in 12 months pay of sick etc and therefore any bills would have been covered as normal.

Should I go on to SAR both of them , or just go to the FOS ..? Cheers for all your help...]

thisthose33

Hi there,

I am new to this site, so I am not sure if i'm posting in the correct place or not. I was just wondering if anyone thought I had a leg to stand on with my PPI claim. I have a credit card with HSBC and am ashamed to say that I didn't realise that I was paying PPI on it - I still am paying it. I've completed the questionnaire and posted it off to HSBC saying that I couldn't have been informed about it as I would have never taken it out and asked them to cancel it, but I was wondering do you think I have any case? Or will they just say I should've checked it? I can't remember when I had the credit card first, but i've definitely had it for the 6 years that I keep hearing mentioned and the balance has been up as high as £8k, so i've definitely paid quite a lot in PPI. I've had my first letter back from HSBC acknowledging receipt of it, but just wondering if anyone else had any any similar experience! I'd be grateful for any feedback! Thanks:)

muneemaker

muneemaker wrote: »

Hi,Just a quick update on my Lloyds ppi complaint.Just been offered £5656.32 for 4 loans.Three of them where old loans so goodwill gestures where offered on those.Many thanks to Martin :money:and all the experts for giving me the urge to do it myself .The hardest work is waiting for the banks to give you an answer,so from start to finish it was 10 weeks.This will be the first time in years we will be loan free :j

Quite impressed with Lloyds,they sent a letter with the offer last saturday,if they had'nt heard from us by the 13th August( not to accept offer)they would put the total in our account or send a cheque.Cheque arrived this morning,and is now in our account ready to pay for new central heating.Just waiting for RBS to get there act together!!Best of luck to those waiting

-taff

• What were you reclaiming: Credit Card
• Who was the provider: Virgin
• How much did you get back: £2060
• Did you get it back after a letter or did you go to the Financial Ombudsman: Sent a standard questionaire to them direct.

Sent letter to them by Recorded delivery on July 25th, received letter to acknowledge my letter. Complaint upheld via letter 3rd August.
Unbelievable!!
Thanks you to everyone who posted how to's and stories...I am really greatful

lyn853

muneemaker wrote: »

Quite impressed with Lloyds,they sent a letter with the offer last saturday,if they had'nt heard from us by the 13th August( not to accept offer)they would put the total in our account or send a cheque.Cheque arrived this morning,and is now in our account ready to pay for new central heating.Just waiting for RBS to get there act together!!Best of luck to those waiting

Its nice to hear from someone with good news from Lloyds, i was begining to think they were rejecting everyone at the moment. :beer:
I have been following Jane on here as she put her complaint in the week before me.
I telephoned them to log my complaint on Monday 25th june and hubby sent his by post, we both had our letters to say they were being looked into and would respond to our complaint as soon as they can, Hubby had a phone call yesterday to comfirm the reason for the complaint, but i havent (although if it is from a call center i tend to hang as we have been bombarded with calls about PPI) so i may have hung up on them oops.
I am on week 6 now so not much longer to wait i hope. :rotfl:

Di_L

LLoyds success

I have not posted anything recently but I have reading everyones tails of woe about Lloyds bank and I hope this will give some of you some encouragement.

I call Loyds on the 23 May 12 and log may complaint for three loans dating back 2000. Aprrox 6 week later I received a call from them asking about the reason I was complaining. Two week after that I received a letter to say that they needed an additional 8 weeks to investigate. (At the time I was not happy because I got this letter a few days before the 8 weeks was up)

I kept phoning them weekly to ask if they had an update and I was also told they are investigating my complaint.

I called them on Monday of this week and the nice lady read the letter that they sent on Monday stating that they have up held my complaint to the tune of over £5000.:j:j:j

I now await their letter.

]

HAVEFAITH

had a pleasant surprise with todays post.

Old mbna cr card from 2000 with poss ppi came to mind. So did the dsar thing & went about enquiring etc. Filled in the standard questionnaire 6 weeks ago. Letter came back today with an offer for 10 quid shy of 4k