PPI Reclaiming successes and failures

devon-tony

My 2nd success.
Complaint was about 1 loan i knew of. But they brought up and paid out on 2 further accounts.
£4135.02
Boooom
Thats more money than i ever had.
Along side the other cheque for £2440.90
And still awaiting 2 more decisions.
Halifax and northern rock complaints

Jimboooo

Hi all, does anyone have a good experience of getting an offer from HSBC and them paying into a non-HSBC account? I'm trying to work out when mine will be paid, but looking through the forum I only see bad stories of when HSBC haven't paid within the agreed timescale.

My letter says it should be paid within 4 weeks, and it's only been one, so there's no panic stations just yet - it's just that I've failed to find a positive story about HSBC payments on here so far and wondered if they are any!?

When it's all done and dusted I will happily post the full story on here.

[Deleted User]

HSBC are no better (and no worse) than other banks when it comes to paying redress.

Of course you can only find negative experiences on the forum (my own included) because very few will post to boast that they were quickly and efficiently refunded within the stated timescale.

The latter group will be the great majority, though.

Jimboooo

Thank you.

Funnily enough the money was in my account this morning!

Jimboooo

Today I received £9,400 ppi redress from HSBC.

My credit story began when I was 18 back in 2002, I walked into a branch to change my Solo card to a Switch and walked out with a Mastercard and overdraft. Cue seven years later and I have a £25k loan, £5k Mastercard and £1200 overdraft. I was making the minimum payments every month but not paying anything off as you can imagine. One day, HSBC told me they wanted my overdraft back within 28 days. I said I couldn't. We couldn't agree on a manageable repayment schedule, so I had no choice but to enter a DMP, which was the best thing I could possibly have done as by May this year, after seven years, I had paid off every penny.

I started my ppi claim in January this year so it's not exactly been quick. There were some issues due to my many changes of address in the past few years, various letters back and forth, a couple of trips into branch to prove who I am, a questionnaire and six months of eagerly checking the post but finally today £9,400 has arrived in my account. I'm debt free and at the age of 32 finally have a healthy savings account.

My advice - just do the claim. Do it yourself and keep every penny. It may take a while, but with persistence you could end up with a nice pay day like I did. If a lazy so and so like me can do it, anyone can.

markk320

Hi, ive received a questionnaire from Barclays bank about a sky credit card I had about ten years ago saying I could be owed money from a payment break plan. I have no idea if I had this on my card and have no details about the account. I have had two addresses since I had the card and they have tracked me down. Is this worth pursuing and whats the best way to go about it as I have never claimed before. I would appreciate the help or if somebody could point me in the right direction. Many thanks

Nasqueron

markk320 wrote: »

Hi, ive received a questionnaire from Barclays bank about a sky credit card I had about ten years ago saying I could be owed money from a payment break plan. I have no idea if I had this on my card and have no details about the account. I have had two addresses since I had the card and they have tracked me down. Is this worth pursuing and whats the best way to go about it as I have never claimed before. I would appreciate the help or if somebody could point me in the right direction. Many thanks

The best and only way to go about this is being honest, if you didn't know you had it and feel it was miss-sold then explain to them why you feel this was the case and present any evidence you have to support this.

devon-tony

complaint 3 of 4 upheld

Halifax £2100

takes total to over £8500

still waiting to hear from NRAM not a dickie bird so far??

Gem-gem

I've had one success and one failure.
Failure (marks and Spencer's) credit card that I took out in 1990. Still deciding whether to take it to the next step (ombudsman).
Success (hsbc) For PPI redress on a credit card. £400 Had since 2000.
Thank you MSE site, as I used your template from the site and did it myself.

Nasqueron

Gem-gem wrote: »

I've had one success and one failure.
Failure (marks and Spencer's) credit card that I took out in 1990. Still deciding whether to take it to the next step (ombudsman).
Success (hsbc) For PPI redress on a credit card. £400 Had since 2000.
Thank you MSE site, as I used your template from the site and did it myself.

Pre-2005 sales it depends if M&S or the person that sold it came under the regulation, the FOS can look but if it's considered pre-reg then they'll not be able to proceed, only one way to find out