PPI Reclaiming successes and failures

pinknico

Amersall can you remind me where you are at with your FP claim?

di3004

funkyshaker wrote: »

Quick update on our claim - we got another letter last Friday from Bank of Scotland with the amount that we will be refunded - £5494!!!

Can't quite believe it to be honest - stunned! The whole process took just over a month.

Fantastic Funkyshaker.
Congratulations.
:beer::T:beer:

di3004

finaniciallyfitforfortys wrote: »

ive just been reading this thread and need advice - i had an egg loan which i paid early with a consolidation loan in 07 although im 99% sure i paid PPI but ive no record of agreement number . is it worth ringing egg to get details and try to reclaim-thank you

Hi there

To find out if you had ppi with the loan, I would request for a copy of your agreement in writing (CCA), enclose a £1 postal order or cheque payment, and they should post by 12 days, I would post this request by recorded delivery, at least then in writing and posting this way, you have proof of requesting for the agreement etc.

Good luck.;)

di3004

amersall wrote: »

hi all. hope alls well with everyone x a question for you all. who would you complain to about ppi (front loaded) that puts you in negative equity from day one, eg property market value £145000, first charge £43000 secured loan £90000= £133000 then the ppi loan (because it is a loan over the term of the original loan with interest dont forget) of £23000 = £156000 = negative equity = £23000 !!!! i wonder how many have this negative equity (maybe not as much as this?) but all the same it is negative. how can this be justified? i was thinking how wrong this is, you go into neg equity from the start of the loan because of a insurance policy? this is ludicrous, and how can they secure insurance on your property? this should not be allowed,. the ppi should not be put on your loan and the total can be reclaimed back as the total amount when they repo you,so either way (in my logic)weather or not you cancel front loaded ppi you still pay for it and when they repo they get it back?i was thinking in dialysys case. maybe like everyone else these ppi payments put her in hardship originally?as the monthly payments are atrocious in some cases and you only need a cut in hours or redundancy to fall seriously behind. this is worth thinking about, any thoughts? sorry if it sounds rambling but hope you understand it LOL

Hi amersall, hope your well.;)

You have made a few good points there hun and like what Pinknico says in regards of these cases the FSA should be able to come into this.;)

pinknico

terry876 wrote: »

Hi pinknico, we got a letter from Egg acknowledging the FOS decision but nothing since.

How long after the decision did you get this? I will annoy them everyday till I get my money!!

di3004

pinknico wrote: »

How long after the decision did you get this? I will annoy them everyday till I get my money!!

Good one Pinknico :T:T:T:T:D

amersall

pinknico wrote: »

Amersall can you remind me where you are at with your FP claim?

yes i can, it was passed to an adjudicator a week last friday, heard nothing else up to today, but i will let you know when i do. my complaint went in to fos in march this year, so i could still have a long wait but i am hoping it will be worth it in the end.

maxdp

amersall wrote: »

yes i can, it was passed to an adjudicator a week last friday, heard nothing else up to today, but i will let you know when i do. my complaint went in to fos in march this year, so i could still have a long wait but i am hoping it will be worth it in the end.

How much are you wanting back Amersall if that is not too nosey.

amersall

di3004 wrote: »

Hi amersall, hope your well.;)

You have made a few good points there hun and like what Pinknico says in regards of these cases the FSA should be able to come into this.;)

:hello:hi di, hows mr di :hello::D this makes my blood boil at how they can take consumers for fools, i think i will go on the roof of houses of parliament;) and not come down till this has been sorted,;) so watch the national news it will be like fathers for justice:D:Dthink i will phone them for a lend of a costume:cool: :rotfl::rotfl:

maxdp

amersall wrote: »

:hello:hi di, hows mr di :hello::D this makes my blood boil at how they can take consumers for fools, i think i will go on the roof of houses of parliament;) and not come down till this has been sorted,;) so watch the national news it will be like fathers for justice:D:Dthink i will phone them for a lend of a costume:cool: :rotfl::rotfl:

OMG we are not going to see you hanging from big ben in your wonder woman costume.:eek::rotfl: