PPI Reclaiming successes and failures

amersall

humphrd wrote: »

Had a Morgan Stanley card which was mis-sold at a busy airport whilst I was waiting for a flight home ! This eventually became Barclaycard and after a PPI Complaint have just had the total of just over £12k paid into my account - great result !

Thank you MSE !

Well done and congrats to all winners this week :j:j
Onwards and Upwards people :T:T

marty2be2000

LTSB SUCCESS!!!!

What were you reclaiming: Loan
Who was the provider: LloydsTSB
How much did you get back: £9,500
Did you get it back after a letter or did you go to the Financial Ombudsman: FOS

Wrote to LTSB in September 2012 and received a rejection shortly after. FOS involvement was confirmed at the end of 2012, and in May 2013 got a letter from FOS stating that LTSB were going to pay out following their involvement. Result was 9.5K into my account at the end of last week. Absolutely brilliant result....

charlotte1970

marty2be2000 wrote: »

LTSB SUCCESS!!!!

What were you reclaiming: Loan
Who was the provider: LloydsTSB
How much did you get back: £9,500
Did you get it back after a letter or did you go to the Financial Ombudsman: FOS

Wrote to LTSB in September 2012 and received a rejection shortly after. FOS involvement was confirmed at the end of 2012, and in May 2013 got a letter from FOS stating that LTSB were going to pay out following their involvement. Result was 9.5K into my account at the end of last week. Absolutely brilliant result....

Hi, can I ask if you spoke to the FOS regarding your case? I have have a complaint against Barclaycard logged with FOS since July 2012 and apart from 2 letters saying it was still ongoing have heard nothing for the last 3 or 4 months. I know it can take up to 18 months but wondered if it was worth calling them for an update?

-taff

The FOS gives the institution a chance to pay the PPI back before it invesitgates so the institution can avoid paying the £900 fee.
The quick results from theFOS are the result of the company deciding to pay up rather than pay the fee and this is a lot quicker than a complaint which is being contested and waiting for paperwork.

Andyb34

Recieved written confirmation from Black Horse today, from a form they sent to me, to fill in. Final figure - £7,051. Acceptance letter being sent back on monday.
I never thought I would hear anything from them.. I'm just so happy...

I also have a loan with Welcome, but cannot remember if i have PPI, does anyone have any tales about them?

-taff

There are plenty of things around about welcome, do a forum search. Also have a look at the FSCS website if it was sold after Janaury 2005.

nancmat

Yippe 2nd claim won, Barclays credit card got £385 back, didn't think I'd get anything so just under 3k in total won! Thanks mse

Sheenagh007

Hi all,looking for some advice. I have won my claim against the Bank of Scotland after going to FOS and they have now sent me a letter saying what they think I am due. My concern is,they have put an award figure in their correspondence,but at no point do they illustrate how they got that figure. Has anyone else found themselves in this position,and if so,what did they do about getting an accurate breakdown of the how the company came to that conclusion.

[Deleted User]

Sheenagh007 wrote: »

what did they do about getting an accurate breakdown of the how the company came to that conclusion.

All you have to do is request a breakdown,which is basically a refund of all PPI actually paid plus 8% simple interest.

Sheenagh007

Thanks for that. My claim was for a credit card that goes back to January 1999. I have a copy of every statement and the total ppi comes to £1600. They have broken it down like this:
Difference between the actual and revised balance =£2978.11
Interest at 8% = £974.71
Total. =£3952.82