PPI Reclaiming successes and failures

di3004

redrobrob wrote: »

Had 2 loans that had been paid off with PPI, full settlements without interest paid back no need for Ombudsmen! Grand total of £3350.

Will be happier once paid tho'
Thanks Martin,:beer: now fighting a couple of Lombard loans which they have rejected but offered a goodwill payment of £750 for one of them!

Your a star!
RRR:T

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

celtic_harridan

I still have my original loan agreement with Lloyds TSB. Like a lot of people I just assumed the LPI was compulsory - I will be sending the first letter this week; a quick calculation shows I've paid about £1300 for a product/service I've never used or had any need for.

Many thanks to all the people on here who give such invaluable advice

di3004

celtic_harridan wrote: »

I still have my original loan agreement with Lloyds TSB. Like a lot of people I just assumed the LPI was compulsory - I will be sending the first letter this week; a quick calculation shows I've paid about £1300 for a product/service I've never used or had any need for.

Many thanks to all the people on here who give such invaluable advice

Hello, and welcome.;)
Wishing you luck.

You do not need to worry about writing the amounts down, but its useful to have them, good one.

Please keep us posted and if you require any help, just ask.:D

dawnh_3

Hi everyone

I took out a loan with Nationwide in 2007, I was made to believe that if I did not take out the PPI then the loan would be rejected. I cancelled the PPI a few months later and received a cheque for the premiums not used but the interest was not returned and is still included in the total loan amount. I am having financial difficulties at the moment and all my debts (including the loan) are being handled by the Citizens Advice Bureau, can I still claim that the PPI was mis-sold and get the interest charged back?

pinknico

Yes you can.

celtic_harridan

I'm new at this, so forgive me if I seem a bit dense ... when I give my reasons for the mis-selling of the policy do I just include a couple that I think are applicable to my case?

Any speedy response is welcome - looks like I have to get that letter sent before the post strike :eek:

di3004

celtic_harridan wrote: »

I'm new at this, so forgive me if I seem a bit dense ... when I give my reasons for the mis-selling of the policy do I just include a couple that I think are applicable to my case?

Any speedy response is welcome - looks like I have to get that letter sent before the post strike :eek:

Hello and welcome.;)

There are many reasons, so anything that occurs to you - yes write them, for more info check here, also with templates as well, do not worry aboutn writing the amounts though.
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance

oreocheesecake

HSBC Bank
Claimed £5400
Paid £6300

Thank you Martin Lewis. I sent them the letter July this year claiming for the PPI charges of my personal loan. Just over a week after I got the first letter that they were dealing with my complaint and conducting an investigation. 2-3 weeks later, I received the next letter stating that they were offering me full payment of my claim plus interest.I just had to sign the acceptance letter and post it back. I am so happy,,,,,,,

Thank you again to Martin Lewis and this very helpful website.

di3004

oreocheesecake wrote: »

HSBC Bank
Claimed £5400
Paid £6300

Thank you Martin Lewis. I sent them the letter July this year claiming for the PPI charges of my personal loan. Just over a week after I got the first letter that they were dealing with my complaint and conducting an investigation. 2-3 weeks later, I received the next letter stating that they were offering me full payment of my claim plus interest.I just had to sign the acceptance letter and post it back. I am so happy,,,,,,,

Thank you again to Martin Lewis and this very helpful website.

Hello there and welcome.;)

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

finatra26

:beer::j:j:jGot a letter today from BOS to say the were upholding my complaint & puting me back in the position I would have been if I hadn't took out PPI - don't know how much yet as they say it will take a month to get the figures to me but none the less I WON!!!!:j:j:j
Here's the interersting bit - my loan was taken out 1995 , my credit card 1988 & they have upheld on both.:D

Good luck to the picturites - I have a feeling in my bones that they are timing the cheques to arrive on a Friday so that you can all have as many of these :beer::beer::beer: at the weekend as you want