PPI Reclaiming successes and failures

di3004

nikki702 wrote: »

• What were you reclaiming: Loan
• Who was the provider: Natwest
• How much did you get back: £1574.54
  
• Did you get it back after a letter or did you go to the Financial Ombudsman: 1st Letter
  
• And then write your brief reclaim tale: They replied with their investigating letter with about 2 weeks then another we are still investigating then this offer.

THANKS

Fantastic, Congratulations and Well done.
:beer::T:beer:

trisha909

I have just looked at a loan aggreement the second of which i have taken out with beneficial finance to find that the 1st loan i took did not have PPI on it yet the 2nd loan i took did as the guy who sold it to me said that i would get a better deal with it on blah blah blah. I have just looked at all the loan paperwork to find all automated ticks in the boxes etc. I am in the armed forces hence the reason i would not need this protection unless i did something rediculously stupid of course.How do i stand??

marshallka

trisha909 wrote: »

I have just looked at a loan aggreement the second of which i have taken out with beneficial finance to find that the 1st loan i took did not have PPI on it yet the 2nd loan i took did as the guy who sold it to me said that i would get a better deal with it on blah blah blah. I have just looked at all the loan paperwork to find all automated ticks in the boxes etc. I am in the armed forces hence the reason i would not need this protection unless i did something rediculously stupid of course.How do i stand??

If you are in the forces then you would get paid regardless so if this the same at the time of taking the loan out then I would send them a misselling letter to reclaim.

Take a look at the link here and there is a template letter on it but its always best to do your own letter using the template as a guide and with your own reasons.

http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

You then send it to whoever actually sold you the insurance and give them 8 weeks for a full and final response. If they do not uphold you should then be able to take this to the FOS for them to look into although I would think you would not have to as you have a good case.

Send any correspondence recorded delivery as you then have a proof if things do need to go further.

Good luck

di3004

trisha909 wrote: »

I have just looked at a loan aggreement the second of which i have taken out with beneficial finance to find that the 1st loan i took did not have PPI on it yet the 2nd loan i took did as the guy who sold it to me said that i would get a better deal with it on blah blah blah. I have just looked at all the loan paperwork to find all automated ticks in the boxes etc. I am in the armed forces hence the reason i would not need this protection unless i did something rediculously stupid of course.How do i stand??

Hi Trish

Hope your well and cheers for the pm, just received that now.

I see our Marshallka have come to the rescue.;)

If there is anything else you need to know, feel free to ask, wishing you luck and please let us know how you get on.;)

Di
X

Hugbubble

• What were you reclaiming: Loan PPI
  
• Who was the provider: Egg
• How much did you get back: £1580
  
• Did you get it back after a letter or did you go to the Financial Ombudsman: Had to go all the way to the FO
  
• And then write your brief reclaim tale: Egg rejected my original complaint, gave their final response after my second letter, I took the complaint to the Financial Ombudsman who ruled in my favour about 2 months ago. I got the cheque from Egg on Saturday about 18 months after I wrote my 1st letter. Keep at it- it is worth it in the end
  

di3004

Hugbubble wrote: »

• What were you reclaiming: Loan PPI
  
• Who was the provider: Egg
• How much did you get back: £1580
  
• Did you get it back after a letter or did you go to the Financial Ombudsman: Had to go all the way to the FO
  
• And then write your brief reclaim tale: Egg rejected my original complaint, gave their final response after my second letter, I took the complaint to the Financial Ombudsman who ruled in my favour about 2 months ago. I got the cheque from Egg on Saturday about 18 months after I wrote my 1st letter. Keep at it- it is worth it in the end
  

Brilliant, well done and Congratulations. :beer::T:beer:

leondp

I have just spoke to FO about Black Horse and I am unable to go through them as the date of the loan for some reason is out of their bracket (Jan 2001 - April 2003 and then 2005 onwards) So I am now stuck as I was hoping they would help me. Has anyone out there been in the same situation ?? If so please can you tell me where to go next

Thanks guys

di3004

leondp wrote: »

I have just spoke to FO about Black Horse and I am unable to go through them as the date of the loan for some reason is out of their bracket (Jan 2001 - April 2003 and then 2005 onwards) So I am now stuck as I was hoping they would help me. Has anyone out there been in the same situation ?? If so please can you tell me where to go next

Thanks guys

Hi Leondp
Sorry to hear of this.

I am hoping that someone who have been dealing with these who taken a loan the same year as you to post up, I am sure though the FOS did re-look at them, not unless they are asking that you go to the insurer instead of the lender.
Hopefully someone will come along to clarify on this soon.

As its very likely that the insurer were governed by the GISC/FSA, where the FOS can take a look at these complaints if this is the case.;)

leondp

di3004 wrote: »

Hi Leondp
Sorry to hear of this.

I am hoping that someone who have been dealing with these who taken a loan the same year as you to post up, I am sure though the FOS did re-look at them, not unless they are asking that you go to the insurer instead of the lender.
Hopefully someone will come along to clarify on this soon.

As its very likely that the insurer were governed by the GISC/FSA, where the FOS can take a look at these complaints if this is the case.;)

I have kjust re read the letter from Black horse and there are two mistkes on the letter with regards to me purchasing the PPI, can I us ethese mistakes to go back to them ??

di3004

leondp wrote: »

I have kjust re read the letter from Black horse and there are two mistkes on the letter with regards to me purchasing the PPI, can I us ethese mistakes to go back to them ??

Hi and yes there is no harm in doing this, the best to do there is take a photocopy, highlight the mistakes and write an accompanied letter to explain it.
Do not post them the original.;)
Good luck and please let us know how you get on.