PPI Reclaiming successes and failures

di3004

Mollypops1 wrote: »

• What were you reclaiming: Credit Card PPI
• Who was the provider: Halifax
• How much did you get back: £5,619
• Did you get it back after a letter or did you go to the Financial Ombudsman: 1 letter taken from template on website

I sent a letter to Halifax approx 6 weeks ago, taken from this website and adapted to my circumstances. I was claiming £3,900 (PPI plus 8% interest). Got back off holiday yesterday to find a letter waiting, stating that they would amend my account to put it back to how it would have been if I had never taken out the PPI. Checked online today and they have refunded me £3,200 PPI, interest of approx £1,900 plus a goodwill payment of £526. All for the price of a stamp!

I am absolutely delighted and want to thank this website for all the templates and advice made available. I still have some ongoing requests for other PPI and charges for myself and my husband from other cards/loans which I am hoping will be just as successful.

Thanks again

Hello and Welcome Mollypops1.

Brilliant, Well done to you and Congratulations.
:beer::T:beer:

Portofino_2

• What were you reclaiming: Credit Card PPI
• Who was the provider: Halifax
• How much did you get back: £5,619
• Did you get it back after a letter or did you go to the Financial Ombudsman: 1 letter taken from template on website

I sent a letter to Halifax approx 6 weeks ago, taken from this website and adapted to my circumstances. I was claiming £3,900 (PPI plus 8% interest). Got back off holiday yesterday to find a letter waiting, stating that they would amend my account to put it back to how it would have been if I had never taken out the PPI. Checked online today and they have refunded me £3,200 PPI, interest of approx £1,900 plus a goodwill payment of £526. All for the price of a stamp!

I am absolutely delighted and want to thank this website for all the templates and advice made available. I still have some ongoing requests for other PPI and charges for myself and my husband from other cards/loans which I am hoping will be just as successful.

Thanks again



Well done! What was the basis of your claim?

helnag

rosemahairy wrote: »

What a lovely day it is today. My chickens have hatched and the fat lady is singing. I have been complaining against miss sold PPI on Welcome financesince Feb 2008. Got a big fat cheque today for over £2980....wahey!!! They have sent a break down which i haves still to check thru but it seems about right and it includes £200 compo for the trouble. Cant believe it thats me done now debt free!!!!! Just my mothers to sort out now. Im off to the pub to celebrate....
Cheers everyone x:j

Hi Rosie,

Finally!!!!! Just wondered if you could empty some of your pms so I could send you one...ta.

xx

tiny_panda

• What were you reclaiming: Credit Card PPI
• Who was the provider: Halifax
• How much did you get back: £889
• Did you get it back after a letter or did you go to the Financial Ombudsman: 1 letter taken from template on website

• What were you reclaiming: Credit Card PPI
• Who was the provider: Virgin
• How much did you get back: £1280
• Did you get it back after a letter or did you go to the Financial Ombudsman: first letter was rejected saying it was correctly sold etc etc, 2nd letter resulted in half the amount being paid off my card and a letter saying a cheque for the remainder will be with me in 7-10 days


• What were you reclaiming: Credit Card PPI
• Who was the provider: Mint
• How much did you get back: Nothing as yet
• Did you get it back after a letter or did you go to the Financial Ombudsman: First letter was dragged on for 3 months before getting rejected, 2 letter has so far not been replied to, just printed for for FO ready to fill in and send off in the next couple of days

di3004

tiny_panda wrote: »

• What were you reclaiming: Credit Card PPI
• Who was the provider: Halifax
• How much did you get back: £889
• Did you get it back after a letter or did you go to the Financial Ombudsman: 1 letter taken from template on website

• What were you reclaiming: Credit Card PPI
• Who was the provider: Virgin
• How much did you get back: £1280
• Did you get it back after a letter or did you go to the Financial Ombudsman: first letter was rejected saying it was correctly sold etc etc, 2nd letter resulted in half the amount being paid off my card and a letter saying a cheque for the remainder will be with me in 7-10 days


• What were you reclaiming: Credit Card PPI
• Who was the provider: Mint
• How much did you get back: Nothing as yet
• Did you get it back after a letter or did you go to the Financial Ombudsman: First letter was dragged on for 3 months before getting rejected, 2 letter has so far not been replied to, just printed for for FO ready to fill in and send off in the next couple of days

Hello and welcome.
Well done and Congratulations.:beer::T:beer:
Good luck with MINT.;)

graham_oxenham

whirlwind296 wrote: »

Hi Everyone,

I was successful in reclaiming my PPI
I've had a Barclaycard for 14 years and paid PPI from the start.
I wrote a letter to Barclaycard (using one of the templates)
I received £8473.00!!!!

I am a very happy bunny!!!:j

hi am about to start a claim from barclaycard.firstly to whirlwind what address did you use?i have no copy of original agreement ie not recieved should i go ahead with step 1 and ask for refund.i like you have been with them for over 10 years and just cant remember details ope you can help thanks

selecta_c

skintmumofone wrote: »

I have a query about the above.....just received a letter from FOS today can anyone tell me if this is the same as the previous poster got.

Dear.....

I am pleased to be able to let you know that following our intervention, WF has agreed to make an offer to you. I consider that the offer is in line with out guidance and appropriate given the curcumstances of your complaint. I am therefor writing to explain the terms of the offer.

It is important to understand that this offer is subject to you agreeing to the cancellation of the payment protection insurance policy (or policies) - if still in force. This will mean that all insurance cover provided by the policy will be lost.......it goes on about alternative insurance options and to check with the FSA.

The settlement of your complaint will be calculated by taking into account the type of PPI policy or policies you have - and whether or not there is still a loan in force. We have set out our typical approach to redress in a factsheet at the end of this letter.

WFSL's offer also includes £200 compensation for any distress and inconvenience you may have been caused and this is in my view appropriate given the circumstances of your complaint.

It then mentions about accepting the offer and signing the enclosed settlement form to them by 19th August.....and then that it might take up to 8 wks for them to pay out.....???

Does this mean that I will get the whole lot back plus the 8% interest or that they will make me a smaller offer?

Dont want to sign anything until I know I am doing the right thing as hubby just wants us tosign but thought I would check first with you guys. Any help would be greatly appreciated.

Cheers
X

Sorry for the delay in getting back to you but i've been hard at graft all weekend.This is an exact same copy of the letter i received from the FOS.The insurance options are assuming that you still have the loan with the PPI cover and you agree to the settlement the PPI is cancelled leaving you with no cover on the loan.The 8 weeks time scale is because Welcome have had a change of heart all of a sudden an are paying out a lot of claims so they are just giving themselves time if they need it,i was paid out in 2 weeks.If you have settled the loan early you should get back the full amount of PPI minus any rebate (if any) at the time of settlement.Not sure what refund you would get if your loan is still running.Hope this helps.

chellie2009

hi has anyone know that i can claim on a credit card without knowing if i am paying PPI or not?you think is a good to claim and afterall you dont know you are mislead of the charges being paid to my credit card every month?

chellie2009

Another questions re PPI claims do i have to direct my letter to the bank branch that i have taken my loan?or to the main office?thanks

skintmumofone

selecta_c wrote: »

Sorry for the delay in getting back to you but i've been hard at graft all weekend.This is an exact same copy of the letter i received from the FOS.The insurance options are assuming that you still have the loan with the PPI cover and you agree to the settlement the PPI is cancelled leaving you with no cover on the loan.The 8 weeks time scale is because Welcome have had a change of heart all of a sudden an are paying out a lot of claims so they are just giving themselves time if they need it,i was paid out in 2 weeks.If you have settled the loan early you should get back the full amount of PPI minus any rebate (if any) at the time of settlement.Not sure what refund you would get if your loan is still running.Hope this helps.

Thanks for replying to me I hope they will settle soon and certainly before 8 wks as they said on their letter.