PPI Reclaiming successes and failures

yourmum

Reclaiming PPI for a loan from Egg
Got back £1870.57
Received having sent the stage one template letter
If I'd realised it would be this straightforward I'd have done it ages ago! I thought I was taking the first step in what would be an ultimately worthwhile but trying battle. Not a bit of it. Wrote to Egg three weeks ago, and have today had the premiums refunded in full, along with associated interest charges. Am astonished and delighted. If you're even vaguely considering starting the process, do it now!
Thanks Martin.

di3004

yourmum wrote: »

Reclaiming PPI for a loan from Egg
Got back £1870.57
Received having sent the stage one template letter
If I'd realised it would be this straightforward I'd have done it ages ago! I thought I was taking the first step in what would be an ultimately worthwhile but trying battle. Not a bit of it. Wrote to Egg three weeks ago, and have today had the premiums refunded in full, along with associated interest charges. Am astonished and delighted. If you're even vaguely considering starting the process, do it now!
Thanks Martin.

Hello, Welcome, well done and Congratulations.
:beer::T:beer:

yourmum

Thanks Di! It isn't half a weight off my shoulders. Now for bank charges!

mollymoo96

I have just had a letter from egg rejecting my ppi from a credit card I took out in 2001 and had up until last year when i paid it off . The rejected it because i applied for it on line. the next stage would be to go to the fos is it worth it with me getting it on line

di3004

mollymoo96 wrote: »

I have just had a letter from egg rejecting my ppi from a credit card I took out in 2001 and had up until last year when i paid it off . The rejected it because i applied for it on line. the next stage would be to go to the fos is it worth it with me getting it on line

Hi Mollymoo96, hope your well and sorry to hear this.;)

Was this their final decision?
Did they mention the FOS on that letter and/or give you the opportunity to write back to them with further information.

I would not give up on this, if not the final response, write back and tell them despite being sold the policy online, you still strongly believe that you were mis sold, due to the reasons you have already provided them with, and ask them to reconsider.

If the final response then yes move on to the FOS, you can download a form from the FOS site or ring to arrange they post this out to you, remember to enclose copies of any correspondence as well.
http://www.financial-ombudsman.org.uk/consumer/complaints.htm

Good luck with this hun and keep at them, you still have a chance, don't give up.;)

marshallka

mollymoo96 wrote: »

I have just had a letter from egg rejecting my ppi from a credit card I took out in 2001 and had up until last year when i paid it off . The rejected it because i applied for it on line. the next stage would be to go to the fos is it worth it with me getting it on line

Some firms used pre ticked boxes in earlier days. Yours may have been sold on this basis and the FSA thought it unfair and stopped it so do not give up. You're fight is not over yet.
http://www.fsa.gov.uk/pages/Library/Communication/PR/2007/084.shtml

marshallka

yourmum wrote: »

Reclaiming PPI for a loan from Egg
Got back £1870.57
Received having sent the stage one template letter
If I'd realised it would be this straightforward I'd have done it ages ago! I thought I was taking the first step in what would be an ultimately worthwhile but trying battle. Not a bit of it. Wrote to Egg three weeks ago, and have today had the premiums refunded in full, along with associated interest charges. Am astonished and delighted. If you're even vaguely considering starting the process, do it now!
Thanks Martin.

Well done to you...:T

netabc

Won against firstplus recently. Full ppi + interest but the interesting thing was they first refused the complaint as the loan had finished over 6 years ago, saying time had expired.

step in the FOS and a 5 weeks later we get a result.

thankyou to this excellent site !!

well still waiting for the cheque :-(

di3004

netabc wrote: »

Won against firstplus recently. Full ppi + interest but the interesting thing was they first refused the complaint as the loan had finished over 6 years ago, saying time had expired.

step in the FOS and a 5 weeks later we get a result.

thankyou to this excellent site !!

well still waiting for the cheque :-(

Absolutely fantastic.....:j
Well done and Congratulations to you.
:beer::T:beer:

mollymoo96

di3004 wrote: »

Hi Mollymoo96, hope your well and sorry to hear this.;)

Was this their final decision?
Did they mention the FOS on that letter and/or give you the opportunity to write back to them with further information.

I would not give up on this, if not the final response, write back and tell them despite being sold the policy online, you still strongly believe that you were mis sold, due to the reasons you have already provided them with, and ask them to reconsider.

If the final response then yes move on to the FOS, you can download a form from the FOS site or ring to arrange they post this out to you, remember to enclose copies of any correspondence as well.
http://www.financial-ombudsman.org.uk/consumer/complaints.htm

Good luck with this hun and keep at them, you still have a chance, don't give up.;)

This was the final response there is a fos leaflet with the letter this will be the second to go to the ombudsman. I will have a try with this one.

Thanks again