PPI Reclaiming successes and failures

littlebootsie

Hi there... We tried to claim PPi from Egg... were refused..

Went then went to the ombudsman and have been awarded almost 8K !!!!

Do not give up !!!! They will try it on but if it was missold they have to pay out !!!

thankyou moneysavingexpert we have had such great advice from this forum !!

amersall

ALLYTHERED wrote: »

Thanks amersall. I have been told only can claim after 2005. And my son took it out in 2004. So not sure if I he can claim. But going to try ☺

I won redress from loans with NRAM before 2004, let me know how you get on.

Nasqueron

ALLYTHERED wrote: »

Thanks amersall. I have been told only can claim after 2005. And my son took it out in 2004. So not sure if I he can claim. But going to try ☺

NRAM have to look at claims from before 2005, it's only the non-bank types that have the pre-2005 rule (like car dealerships, store cards etc)

dunstonh

ALLYTHERED wrote: »

Thanks amersall. I have been told only can claim after 2005. And my son took it out in 2004. So not sure if I he can claim. But going to try ☺

Regulation started in January 2005. However, if the firm that sold it was regulated or a member of an earlier body then they have to consider pre 2005 sales. This is typically the credit card providers and the banks. However, the likes of most IFAs, mortgage brokers, loan brokers, car dealers etc, then they can refuse complaints as being pre-regulation.

If the seller is no longer trading and the complaint has to go to the FSCS, then they will only consider post Jan 2005 sales as well.

Loobyloo1us

Just to let you know that I have had a result from Lloyds/TSB, both myself and my husband received over £7500 in respect of PPI insurance. I used your template letter which worked. Now to contact Halifax BS.

Gazzaboy87

Hello Everyone. Help Please !!!

I have just been off the phone to Swinton regarding PPI on a car insurance Policy from 2008. After a lot of denying that there was any ppi on my policy at all the woman on the other end said she was sending a cheque for 24 pound something ( £20 for the policy plus interest of 4 pound odd).

This is indeed money better off in my pocket than theirs BUT..... have i got enough? Am i due any compensation for mis-selling rather than getting my money back after 8 years? Any help would be appreciated from anyone who is savvy with the rules and regs.

Cheers, Gary

ALLYTHERED

Thanks everyone. Letter will be on its way. I will keep you posted 😆:eek:

Mrbowie

cashpointastro wrote: »

Thank you for such a quick reply :beer:

So this letter may just mean they are checking and possibly I have already bee paid correctly then. Well I suppose the good news is some people who maybe haven't been, will get something extra. So we'll done to Lloyds for at least contacting everyone. Let's hope some members get what They are due. Look forward to reading some success stories :T

This is the San scenario as me,I rang them again the other day and got told again that they are still investigating it wish they would sortit soon

dunstonh

Gazzaboy87 wrote: »

Hello Everyone. Help Please !!!

I have just been off the phone to Swinton regarding PPI on a car insurance Policy from 2008. After a lot of denying that there was any ppi on my policy at all the woman on the other end said she was sending a cheque for 24 pound something ( £20 for the policy plus interest of 4 pound odd).

This is indeed money better off in my pocket than theirs BUT..... have i got enough? Am i due any compensation for mis-selling rather than getting my money back after 8 years? Any help would be appreciated from anyone who is savvy with the rules and regs.

Cheers, Gary

The £4 is your compensation.

Gazzaboy87

dunstonh wrote: »

The £4 is your compensation.

Well i did ask her what the extra 4 pound odd was for, and she said it was interest for the year i had the policy from 2008/9 as she said we only give interest for the year the policy was live..... but surely if it was money out of my pocket for 8 years it should be for that length of time??