PPI Reclaiming successes and failures

aligerdie

Been offered a refund of PPI by Capital One on my credit card.

It has an outstanding balance which has been sold onto a debt collection agency.

Capital One offered me a good will gesture (which is close to what I should have got anyway), but was to be taken off the balance owed to the dca.

I wanted a cheque so I could do it myself (how very trusting!), so I wrote to Cap1 stating that seeing as the debt had been sold on, they should be refunding the premiums to me directly as the addition of unnecessary premiums to my monthly balance had contributed to my debt.

Received a letter a few days ago asking me to sign the settlement form, and a personal cheque would be on the way. :beer:
It pays to kick up a fuss!

di3004

aligerdie wrote: »

Been offered a refund of PPI by Capital One on my credit card.

It has an outstanding balance which has been sold onto a debt collection agency.

Capital One offered me a good will gesture (which is close to what I should have got anyway), but was to be taken off the balance owed to the dca.

I wanted a cheque so I could do it myself (how very trusting!), so I wrote to Cap1 stating that seeing as the debt had been sold on, they should be refunding the premiums to me directly as the addition of unnecessary premiums to my monthly balance had contributed to my debt.

Received a letter a few days ago asking me to sign the settlement form, and a personal cheque would be on the way. :beer:
It pays to kick up a fuss!

Fantastic :T:j
Congratulations :beer:

taylor72

ME (ON BEHALF OF OH) VERSUS LLOYDS TSB PPI ON A LOAN MISS SOLD

Sent my first template letter thanks to mse beginning of august 2008 for claim of misselling ppi - lloyds tsb. Recieved the usual fob off letter so quickly posted the second letter - many thanks here to di and others who confirmed this response was standard and not to let it put me off. Received final response letter a week later and so went straight off to fos.

Fast forward to today, I knew a couple of weeks ago I had been successful. Paid a total of 60 months ppi at £50 a month - (though I know think more like £53 a month) Received letter from lloyds saying loan now refinanced and will be £53 less a month for remainder and two amounts will be credited to the bank within 21 days - the ppi I paid of £3285 and another seperate payment of £869.95 made up of £200 compensation and £667.95 interest. They paid up stating it was a gesture of goodwill blah blah blah - as if they would pay out over £4000 if they genuinely didn't think they needed too - am off now to send letter to fos re lloyds tsb ppi on credit card as have received their final response from that as a big no no today as well!! - More fool them I say as the ppi was only around £200 paid out in total and I will now ask for this plus my 8% interest and £200 compensation for distress and inconvenience.

:j:j:j:j:j

tommy44

Hi taylor

I am so pleased for you, that's fantastic news. Don't suppose your claim was before 2005 was it, (me clutching at straws, as mine was).

Go and enjoy spending it.

taylor72

tommy44 wrote: »

Hi taylor

I am so pleased for you, that's fantastic news. Don't suppose your claim was before 2005 was it, (me clutching at straws, as mine was).

Go and enjoy spending it.

thanks! -Won't be spending it as such as its going to pay off a credit card in full but it will be a weight lifted, we took out this loan in 2004 - february, hope that helps

pinknico

Well done Taylor72, really pleased for you.

tommy44

Hi Taylor

Yes, it offers some encouragement, but Lloyds were regulated and although Black Horse are one and the same, they were not at that time. My loan was March/April 2004.

Glad to see you will be getting rid of another credit card. If I won most of mine will be going the same way.

Once again well done

Fingers crossed

amersall

taylor72 wrote: »

ME (ON BEHALF OF OH) VERSUS LLOYDS TSB PPI ON A LOAN MISS SOLD

Sent my first template letter thanks to mse beginning of august 2008 for claim of misselling ppi - lloyds tsb. Recieved the usual fob off letter so quickly posted the second letter - many thanks here to di and others who confirmed this response was standard and not to let it put me off. Received final response letter a week later and so went straight off to fos.

Fast forward to today, I knew a couple of weeks ago I had been successful. Paid a total of 60 months ppi at £50 a month - (though I know think more like £53 a month) Received letter from lloyds saying loan now refinanced and will be £53 less a month for remainder and two amounts will be credited to the bank within 21 days - the ppi I paid of £3285 and another seperate payment of £869.95 made up of £200 compensation and £667.95 interest. They paid up stating it was a gesture of goodwill blah blah blah - as if they would pay out over £4000 if they genuinely didn't think they needed too - am off now to send letter to fos re lloyds tsb ppi on credit card as have received their final response from that as a big no no today as well!! - More fool them I say as the ppi was only around £200 paid out in total and I will now ask for this plus my 8% interest and £200 compensation for distress and inconvenience.

:j:j:j:j:j

:T:T well don what good news:money::money:

di3004

taylor72 wrote: »

ME (ON BEHALF OF OH) VERSUS LLOYDS TSB PPI ON A LOAN MISS SOLD

Sent my first template letter thanks to mse beginning of august 2008 for claim of misselling ppi - lloyds tsb. Recieved the usual fob off letter so quickly posted the second letter - many thanks here to di and others who confirmed this response was standard and not to let it put me off. Received final response letter a week later and so went straight off to fos.

Fast forward to today, I knew a couple of weeks ago I had been successful. Paid a total of 60 months ppi at £50 a month - (though I know think more like £53 a month) Received letter from lloyds saying loan now refinanced and will be £53 less a month for remainder and two amounts will be credited to the bank within 21 days - the ppi I paid of £3285 and another seperate payment of £869.95 made up of £200 compensation and £667.95 interest. They paid up stating it was a gesture of goodwill blah blah blah - as if they would pay out over £4000 if they genuinely didn't think they needed too - am off now to send letter to fos re lloyds tsb ppi on credit card as have received their final response from that as a big no no today as well!! - More fool them I say as the ppi was only around £200 paid out in total and I will now ask for this plus my 8% interest and £200 compensation for distress and inconvenience.

:j:j:j:j:j

Wonderful news, Congratulations Taylor.:j
:beer::T:beer:

rambi-bambo

A few weeks ago I was refunded £1400. by HSBC. All PPI premiums i paid and interest and it only took about 10 weeks. Result. Next time I will not be pushed into anything i'm not sure about and i'll shop around.

Cheers
Alex