PPI Reclaiming successes and failures

-taff

amandacgrant wrote: »

Mine has taken no time at all really, a couple of months. They say they have calculated premiums from 1996 to 2011. I just wondered if it was likely to be hundreds or maybe thousands (not kkkkks) but just wanted an idea.

There has always been a balance on the card.

Amanda

Look at a statement, it will have a payment of PPI on there. Calculate roughly from that.
Card PPI is dependent on your balance, not a fixed amout each month, so no one knows or can guess how much you are entitled to.

peanutbutter_cups

getting-there-slowly wrote: »

I have been trying to persue a smallish claim through Lloyds Tsb for a credit card I got back in 2001.

They have written to me to me telling that I didnt have payment protection on this account and that the claim is now closed.

Looking back in the paperwork that Lloyds sent with me (from SAR letters) the account paperwork I signed has 'asset payment protection' and this shows on the statements as 'cardholder protection plan'.

Is this still classed as PPI? The claim is only about £170 not huge I know - do you think its worth sending the copies of the paperwork to them ( I didnt send it in the first place as it was Lloyds that gave to me so I assumed they wouldnt need me to send it) highlighting card holder proctection payments and asking them to take a second look? Do I send it the ombudsman? or do I file it and stop flogging a dead horse?

I also have other complaints being processed all by Lloyds and I dont want prejudice any further possible refunds.

Thanks in anticipation

Hi,i did a cc claim with lloyds in augi too got the sorry no ppi on this card but looking at my old statements i too had card holder protection on it i got copies off my statements on sent them back to lloyds with a letter asking them to put some glasses on and look again lol anyway i got a refund at the start of nov . Did have to chase them abit as the info wasnt passed on xx hope that helps

sophia.anastasi

ive spoken to natwest about my PPI reclaim , they are looking into it but cant give me an amount.....

is there a formula? i had a loan out of 2500£ over 2 years back in 2006/07

any help would be great thanks

-taff

sophia.anastasi wrote: »

ive spoken to natwest about my PPI reclaim , they are looking into it but cant give me an amount.....

is there a formula? i had a loan out of 2500£ over 2 years back in 2006/07

any help would be great thanks

You've asked this 4 times now and been answered already.
There is no formula.

Pleaseadvise

Good news for my family today! MBNA have investigated my complaint and it is being upheld! My husband didn't tick the box to consent to PPI back in 1992 when he applied for the card and they charged it anyway until 1998 when he cancelled it.
MBNA say they have to work out the position the account would have been in without PPI, so I don't know yet what the refund will be. They have given themselves 12 weeks to send a payment.
I would never have known it was possible to get a copy of the card application, after so many years, without this site. Thank you!

HAL_9000_2

I'm new here and just quickly browsing the forum and this thread in particular there are some very interesting stories indeed. It's not until I read all this did I realise what a scandal the selling of PPI was. In my case I have been in and am in secure employment with good sickness (6 months full and 6 months half pay) and death benefits.

I like most had seen the TV and heard the radio ads about reclaiming mi-sold PPI and just took the view it was an ambulance chasing by these companies. But my view has changed.

In early December I recieved a letter from Tesco Bank saying I might have been mis-sold PPI on a loan I have them taken out in 2006 and I should contact them on their PPI help-line. Which I did do and filled out the compliant questionnaire verbally over the phone, a couple days later I received a letter from Tesco bank confirming my case was being perused. In between this I recieved a letter from Barclaycard saying pretty much the same that was a possibility I had been mis-sold PPI and recommended I fill their on line questionnaire out, which after a couple of false starts because their on line system did not recognise my number, I did. I had reason to contact Tesco bank with some additional information and the chap on the other end filled me what they had done to date and seems they are moving quickly, so fingers crossed.

I have an account with Yorkshire Bank Visa, so I had a look at that and it was clear I was paying PPI (this is not the case with Barclaycard) so I downloaded the form from this site filled it out and sent it in, and now have a claim against them too.

I have been with both Yorkshire Visa and Barclaycard a very long time, back into the late '80s I think. I don't know if this will disadvantage my case or not? But if upheld I'm guessing again there could be significant payout?

I take it I'm right in thinking because both Barclaycard and Tesco Bank wrote to me in the first instance, those will be the stronger of the cases and that I had to write to YBV and given from what I have read on this forum they appear a bit more robust in defence of claims generally that might be tougher?

This forum and site is a fantastic resource and contains some great advice.

[Deleted User]

HAL_9000 wrote: »

I take it I'm right in thinking because both Barclaycard and Tesco Bank wrote to me in the first instance, those will be the stronger of the cases and that I had to write to YBV and given from what I have read on this forum they appear a bit more robust in defence of claims generally that might be tougher?

If you have a valid mis-selling complaint it will be successful. If you don't, you'll fail.
Whether the Banks in question wrote to tell you that you might have a complaint is irrelevant to the chances of success.

HAL_9000 wrote: »

if upheld I'm guessing again there could be significant payout?

It depends very much on how much PPI you actually paid. If successful, you'll receive a refund of all PPI plus 8% simple interest.

riaroo_24

hi I'm new to this site, looking to no if anyone has had any joy reclaiming ppi from bos. I sent a claim in 5 weeks ago for a preference account I have it was taken out in 2000 and I believe it was mis_ sold to me as I was told I needed to have it in order to get the credit . I was also in a job which paid company sick paypay. received letter today rejecting my claim. this account is still running. can anyone help as what to do next:mad: I have already successfully reclaimed of santander who were fantastic . I received almost 5000 for this.

-taff

Send your complaint to the FOS

riaroo_24

thanks taff have calmed down and read the leaflet about fos.