PPI Reclaiming successes and failures

amersall

They should send you a breakdown of the redress, contact them and ask for this.
What was the original PPI amount and did you settle the loan early or did it run to term?.

sweetpea123

I wrote to Lloyds TSB about various (4) loans I had - mostly during the eighties when I was a struggling single parent.Lloyds TSB phoned me to discuss, the wrote stating they had acted in the correct way and I was not due any compensation. I didn't have original paperwork but I wrote to the financial ombudsman using the template on MSE website. Tedious as I had to complete a form for each loan.
Just received a cheque for £7,064.00!!!!!!!!!!!!!!!!!:

SarahET

HELP! I made a PPI claim against the coop bank around 4 weeks ago, they sent me a refusal and their evidence that I had been correctly sold the product.

This evidence was a very corrupted photocopy which says that I ticked the box, filled in my name and signed on a credit agreement. However, the copy is so bad that you cannot read any of the actual print. My signature is so faint that it is only just legible, and my details, which are incomplete, (it just has my name scribbled on, no date of birth or address) have been written by someone else!!!!

A member of bank staff has ticked the PPI box and put my name in!

To be honest it just looks massively shady. It looks as though the PPI BOX was ticked after I had signed?

I am positive that I did not agree to PPI, I never do, I haven't had it on any other financial product ever, I take no legal cover on any insurance policies, basically I'm not an idiot lol!

I have had the card for 12 years, but I have been an unemployed stay at home mother for over ten of those, so obviously PPI is of zero use to me, and had i signed up for it (which i didn't) i would have cancelled it, and since the bank deals with all of our accounts, and my husband had a mortgage with them, 11 years ago, that fact was disclosed to them on numerous occasions.

All that aside, I know that I did not tick that box or right my name, or agree to PPI! Should I bother writing back to the bank? Or just go straight to the FSO? It is obvious that it's not my writing, because the same person with the same pen, has crossed out a big section of the form with N/A, obviously it was a bank employee.

Argh, I'm so cross, they are so shady!

amersall

If it was not a final response from the bank then reject the decision and ask why you would have taken insurance that covers redundancy and sickness when you were not working, if you had life insurance then add that too, why would you take double cover?, if you could repay the card in any eventuality then tell them this, show you had no need of the PPI.
Let them know how about the corrupt copy and you do not accept this as it is not clear.

If it was a final response, take it to FOS with the above reasons.
This may help or may not, you won't know until you try.

triple_choc_chip

Hi all, another success to report - yea!!

• What were you reclaiming: PPI on loans from 10 years ago
• Who was the provider: Egg
• How much did you get back: £1942
• Did you get it back after a letter or did you go to the Financial Ombudsman: From a letter of complaint
• And then write your brief reclaim tal

Canada Sq Ops wrote to me suggesting I may have a claim and to complete the complaint form. I was surprised to get the letter because I have been self employed for 30 yrs and always declined PPI. I had also phoned Egg about 4 years ago when the PPI scandal broke and they said at the time that I did'nt have a claim. As my paperwork was 6 yrs old I shredded it.


It was scary to find out I'd been charged without my knowedge but I received my cheque yesterday so all's well that end's well - and I've paid off another credit card with the funds. :cool:

Nisportsfan

My wife tried to reclaim her PPI from MBNA but they said they wouldn't! They also said the PPI was also still active on her account, even though she has finished paying of the debt!
Anyone any ideas on wat to do next?

Miss_Vee

Well after over a year of thinking about it finally sent off my application to Canada operations for my egg loan. All I had was loan numbers taken from old bank statements I got online. 5 weeks later got a letter saying my case was upheld and awarded over 5k!! Just waiting for the cheque! !!

MrsTick_2

Hi all, after years of my husband saying I should put a claim in for PPI I had paid over a number of years on loans/refinancing when I was living alone, and then hearing Martin Lewis & seeing this site, I finally did so for 2 loans I had had with Lloyds TSB. I forwarded the claim forms I had downloaded from MSE and paperwork for these loans from 2006 & 2007. I received a letter from Lloyds TSB on 09/04/13 confirming my reclaim application and saying they would get back to me within 8 weeks.
I honestly wasn't sure I was entitled to claim although I seem to fit a number of criteria e.g. public sector employee with sick, redundancy and death benefits, front loaded ppi, salesperson 'advising' me to take it as in their considered opinion I did not have sufficient means to repay should any of the above incidents happen to me, and no indication that should I want to take ppi I could get it from elsewhere at a much cheaper rate!

I received a call a couple of weeks later asking the specifics of my sick/redundancy/death benefits which also made ME realise I had SUFFICIENT cover already! The next day another call asking if these benefits were also in place in 2002 & 2004.

To cut a long story short - received a letter today (less than 7 weeks after acknowledgement letter) saying my claims had been upheld in respect of the 2 loans but also a further 3 that Lloyds had identified going back to 2002 and so entitled to a total repayment of £16,000! Yes SIXTEEN THOUSAND POUNDS!!! should receive it in about 28 days time!

A huge THANK YOU to MSE - to all the posters with their advice, information and support - and to my husband for pushing me into it. Last but not least Lloyds for accepting the miss-selling and identifying it for more years than I had paperwork for.

I have been in tears all day (happy ones!) as I really can't believe it and would never have pursued it if it hadn't been for this site.

Good luck to everyone else.:D

triple_choc_chip

Oh MrsTick! What a great post, I can almost see you with an Oscar in your hand, it reads like a winners speech :T congratulations :beer:

DJBenson

Last month £1500 from Canada Square (Egg). Today, £329 from Nationwide for MPI. Yay!!