PPI Reclaiming successes and failures

trisha909

marshallka wrote: »

Fines were given out to firms for misselling during specific periods and in specific ways really but I would say if they missold at those times then there is also a good chance they also missold at other times when they were not investigated.

Thanks hun. The main reason i asked is because i took out my loan between the time window in which HFC were actually fined for, the same with my capital one CC;)

marshallka

trisha909 wrote: »

Thanks hun. The main reason i asked is because i took out my loan between the time window in which HFC were actually fined for, the same with my capital one CC;)

I would say if this is the case then you are "more likely" to win without the need for FOS.;)

Good luck.

trisha909

marshallka wrote: »

I would say if this is the case then you are "more likely" to win without the need for FOS.;)

Good luck.

I hope so lol. Just worked out my loan and i have been paying £57 a month on ppi! on a 9 grand loan!:whistle:

di3004

trisha909 wrote: »

I hope so lol. Just worked out my loan and i have been paying £57 a month on ppi! on a 9 grand loan!:whistle:

It all adds up doesn't it hun?:eek:, good luck X

marshallka

trisha909 wrote: »

I hope so lol. Just worked out my loan and i have been paying £57 a month on ppi! on a 9 grand loan!:whistle:

Its ridiculous isn't it. We need loans cause we don't have the money then they land us with these single premiums, not cancellable without penalties and then put us in more debt needlessly. I know we need to protect ourselves if things go wrong and we are unable to repay but not this way by way of another "Loan" bundled on top of our original one.

Want to see you post on winning with these.;)

Hellooo_2

I took out a loan with Britannia Building Society for £6500 5 years ago.

Never knew it at the time but I had been sold "redundancy" insurance - even though I was on a 2 year fixed term contract at the time so would have been fairly useless.

Following advice on this website earlier in the year I wrote to them using the template letter. I received a reply telling me I hadn't got any insurance and so no claim. I accepted this for awhile then read another prompt by Martin saying that this was the likely outcome following a first letter.

So, I wrote again and - very importantly - included a copy of the Credit Agreement. on 15th September I had a letter saying that they would re-pay me all the money I had paid for the insurance, plus the interest. This amounts to approximately £1100 !!

Thanks to this site for the excellent advice - I would strongly encourage anyone with loans to check the small print for mis-selling of insurance and to use the template letters - so simple !

marshallka

Hellooo wrote: »

I took out a loan with Britannia Building Society for £6500 5 years ago.

Never knew it at the time but I had been sold "redundancy" insurance - even though I was on a 2 year fixed term contract at the time so would have been fairly useless.

Following advice on this website earlier in the year I wrote to them using the template letter. I received a reply telling me I hadn't got any insurance and so no claim. I accepted this for awhile then read another prompt by Martin saying that this was the likely outcome following a first letter.

So, I wrote again and - very importantly - included a copy of the Credit Agreement. on 15th September I had a letter saying that they would re-pay me all the money I had paid for the insurance, plus the interest. This amounts to approximately £1100 !!

Thanks to this site for the excellent advice - I would strongly encourage anyone with loans to check the small print for mis-selling of insurance and to use the template letters - so simple !

Well done to you:T.

numptyned

I wrote to GE Money to cancel my PPI nearly 3 weeks ago and also sent an email prior to this and they have never even responded so I ave contacted the FSO

di3004

numptyned wrote: »

I wrote to GE Money to cancel my PPI nearly 3 weeks ago and also sent an email prior to this and they have never even responded so I ave contacted the FSO

Hi there,

If your going to reclaim as well, its 8 weeks they have to respond.

In regards of cancelling they should have cancelled by now though I think, did you post your letter by recorded delivery?

Good luck with this.;)

beth3735

I was jsut wondering if you could apply for these PPI charges back even if your creditor is on a DMP with the CCCS? I am looking at just doing this to knock some of the balance off a CC that I was paying about £40 for this each month, It would help loads and would make it more than likely easier to pay off this huge credit card. Also could it turn them nasty again and start charging silly interest and charges again?

Thanks to anyone for advice