PPI Reclaiming successes and failures

RUSSFEE7

amersall wrote: »

:T:T:T:T:T ANOTHER FIRST CRAP WIN EXCELLENT these are mounting up now:j:j:j:j how long did it take from you getting mis sell to recieving your cheque? if you havent already could you post up your figures on firstpluscomplaints.co.uk as a running total is being kept, once again well done:T

I sent the first letter 02/07/2009, they agreed policy mis-selling 05/08/2009, after a bit of 2ing and frowing I accepted the offer 12/09/2009 and received the cheque 30/09/2009! so nearly 3 months and a cost of about 8 stamps! I think thart's what they call a "BILLY BARGAIN!":j:j:j:j:j:j

Bev_K

I had a £5000 loan over 2 years from the Alliance & Leicester which I think was paid off in 2005. I cant remember exactly but believe the repayments each month were in the region of £250 to £260. I think the interest rate was approx 6.7%- 6.9%.

They recently wrote to me saying I was entitled to try and reclaim the ppi which I have since started to do and they have said they accept was missold! I have recieved a letter from them offering a refund of just over £139, however the letter states I must sign and return the acceptance letter and once I have done this it shall be an end to the matter and I that I am signing to say there shall be no further claims relating to it.

As I am unsure of the amount I should be reclaiming back from them (it was all such a long time ago I have no paperwork or statements relating to this loan), I don't know if they are trying to wriggle out of paying me the full amount I am owed or if this is actually correct!!!

If any one has any idea please help!!!!!!

amersall

this may sound stupid, but the 8% interest you get when you win, is this for the interest you have been charged on the ppi payments? does anyone understand what i am trying to say? if you have ppi front loaded and your loan is at 9 or 10% interest are you only entitled to the 8% i am having a senior moment here. please feel free to bypass me lol

amersall

di3004 wrote: »

Great news isn't it amersall :T:T:T:D

Another one bites the dust lol

hi di, yes these wins with fp are mounting up, hope this brings them to their knees xx

RUSSFEE7

Bev_K wrote: »

I had a £5000 loan over 2 years from the Alliance & Leicester which I think was paid off in 2005. I cant remember exactly but believe the repayments each month were in the region of £250 to £260. I think the interest rate was approx 6.7%- 6.9%.

They recently wrote to me saying I was entitled to try and reclaim the ppi which I have since started to do and they have said they accept was missold! I have recieved a letter from them offering a refund of just over £139, however the letter states I must sign and return the acceptance letter and once I have done this it shall be an end to the matter and I that I am signing to say there shall be no further claims relating to it.

As I am unsure of the amount I should be reclaiming back from them (it was all such a long time ago I have no paperwork or statements relating to this loan), I don't know if they are trying to wriggle out of paying me the full amount I am owed or if this is actually correct!!!

If any one has any idea please help!!!!!!

If you have no paperwork then use the paperwork request letter on this site and by law they have to provide all the info you request as they must keep financial info for at least 6 years. Sounds like they might be trying to head you off before you go to them!

amersall

RUSSFEE7 wrote: »

I sent the first letter 02/07/2009, they agreed policy mis-selling 05/08/2009, after a bit of 2ing and frowing I accepted the offer 12/09/2009 and received the cheque 30/09/2009! so nearly 3 months and a cost of about 8 stamps! I think thart's what they call a "BILLY BARGAIN!":j:j:j:j:j:j

:T:T that is good, ta for that:j:j

pinknico

The 8% is added to each payment from the time it was given to FP.
You get the contractrual interest back by the way they calculate the refund.

RUSSFEE7

amersall wrote: »

:T:T that is good, ta for that:j:j

No probs, I just hope others get it as easily as I have!:D

amersall

pinknico wrote: »

The 8% is added to each payment from the time it was given to FP.
You get the contractrual interest back by the way they calculate the refund.

your an angel :Tglad you are awake and with it:A thanx xx

amersall

RUSSFEE7 wrote: »

No probs, I just hope others get it as easily as I have!:D

i think fp know they are beat there wont be any more long delays now, on fp complaints website one member took a week to get the cheque!!! POWER TO THE PEOPLE !!!!!!!