PPI Reclaiming successes and failures

amersall

:j cheers di, it didnt take that long either:D it just gives hope to everyone who has a claim in with anyone, or is thinking of putting a claim in, ( just knew you would be the first read my success:p little jack flash:rotfl::rotfl::A:A xxx

di3004

amersall wrote: »

:j cheers di, it didnt take that long either:D it just gives hope to everyone who has a claim in with anyone, or is thinking of putting a claim in, ( just knew you would be the first read my success:p little jack flash:rotfl::rotfl::A:A xxx

lmao "Jack flash 2" :rotfl::rotfl:
That is fantastic amersall, am soooooooo pleased for you.:j:j:j:beer::AXXX

marshallka

amersall wrote: »

:beer::beer: hi all, got a letter with a cheque in from FIRSTCRAP:p:p:p my loan has been reduced by the ppi of 17,837, plus the 10,952 sttlement for cancelling the ppi in july 07 total- 29.415 :D loan recalculated ( someone will phone me about this) all ppi payments back plus 8% interest:cool: back to me 6.399 plus1.319.62:cool: glad to have got one up on FIRST CRAP :T:T a big THANKS TO YOU ALL ON HERE :A:A:A:A:A i am ever gratefull to you :beer::beer: thank you:Dthank you:D thank you xxxxxxxxx take this on board any other fp victims keep fighting xxx

Nice one amersall. :beer:

amersall

marshallka wrote: »

Nice one amersall. :beer:

cheers for that, just glad monthly payment will go down, it is such a weight off my mind i cant tell you,. bloody first crap:mad::mad::mad::mad:

trisha909

Help!!!

I have just recieved a letter from capital one stating that i ticked the box for PPI, they have sent a copy of the paperwork with my signature. The response letter i received stated:

thankyou for writing to us regarding PPI......... that we have added to your account.

Your comments are correct regarding Capital one being fined by the FSA regarding the sale of PPI. As part of our resolution to the issues identified by the FSA, we wrote to all the affected customers and offered them a redress that enabled them the either retain thier policies or cancel them at no cost to them selves. Id like to assure you that your account was not one of the ones affected so we have not contacted you about this.

We sold the PPI to you when you requested it when you applied on the internet for an account with us. We then sent you documentation to tell you the PPI was optional. You ticked and signed this to agree to taking out the PPI. I have enclosed a copy for your records (has a tick box and my sig saying i want PPI, yet nothing whatsoever about the policy itself)

Cap one is authorised an regulated by the FSA...... baldi-bladi-blah blah blah, we are therefore required to ensure that our marketing material is clear, fair and not misleading. PPI is optional and this is made clear to you within our marketing material. Capital one is not authorised to provide advice in relation to insurance products (<<<< so why the hell are they selling it? is that legal?), Capital one would therefore not have made a recommendation that you should take out the PPI, or advised you that the product was suitable.. You recieved a full policy document which included full t&Cs and policy summary prior to the conclusion of the contract. This contains a full list of exclusions and outlines the cost of this policy.


I took this out 5 Sep 05, between the window. If im honest the paperwork is rubbish. When i signed the paperwork it does ask if i wanted ppi and i ticked it (Thinking that i needed it to get the card)

This is the response recieved following the first letter.

Is it worth me continuing with a 2nd letter?


Any help is greatly appreciated

Thanks lovelies!!

marshallka

trisha909 wrote: »

Help!!!

I have just recieved a letter from capital one stating that i ticked the box for PPI, they have sent a copy of the paperwork with my signature. The response letter i received stated:

thankyou for writing to us regarding PPI......... that we have added to your account.

Your comments are correct regarding Capital one being fined by the FSA regarding the sale of PPI. As part of our resolution to the issues identified by the FSA, we wrote to all the affected customers and offered them a redress that enabled them the either retain thier policies or cancel them at no cost to them selves. Id like to assure you that your account was not one of the ones affected so we have not contacted you about this.

We sold the PPI to you when you requested it when you applied on the internet for an account with us. We then sent you documentation to tell you the PPI was optional. You ticked and signed this to agree to taking out the PPI. I have enclosed a copy for your records (has a tick box and my sig saying i want PPI, yet nothing whatsoever about the policy itself)

Cap one is authorised an regulated by the FSA...... baldi-bladi-blah blah blah, we are therefore required to ensure that our marketing material is clear, fair and not misleading. PPI is optional and this is made clear to you within our marketing material. Capital one is not authorised to provide advice in relation to insurance products (<<<< so why the hell are they selling it? is that legal?), Capital one would therefore not have made a recommendation that you should take out the PPI, or advised you that the product was suitable.. You recieved a full policy document which included full t&Cs and policy summary prior to the conclusion of the contract. This contains a full list of exclusions and outlines the cost of this policy.


I took this out 5 Sep 05, between the window. If im honest the paperwork is rubbish. When i signed the paperwork it does ask if i wanted ppi and i ticked it (Thinking that i needed it to get the card)

This is the response recieved following the first letter.

Is it worth me continuing with a 2nd letter?


Any help is greatly appreciated

Thanks lovelies!!

Basically, what they are saying is it was a non advised sale of PPI but as this was since regulations began in Jan 2005 there was still guidance in force at the time they should have followed. Its a bit of a get out clause saying non advised but you can still go to FOS if they do not uphold when you write back as I take it this is not their final response. If it is their final then take the complaint to FOS.

Take a look at this leaflet and before you write again see if you can pick out anything that applies.


http://www.fsa.gov.uk/pubs/other/factsheet_sales.pdf


Good luck

finatra26

:j:j:jWell done Amersall - glad to hear of your win. I have a funny feeling a lot of people on here are going to have a much nicer Christmas this year.:beer::beer:

pinknico

amersall wrote: »

:beer::beer: hi all, got a letter with a cheque in from FIRSTCRAP:p:p:p my loan has been reduced by the ppi of 17,837, plus the 10,952 sttlement for cancelling the ppi in july 07 total- 29.415 :D loan recalculated ( someone will phone me about this) all ppi payments back plus 8% interest:cool: back to me 6.399 plus1.319.62:cool: glad to have got one up on FIRST CRAP :T:T a big THANKS TO YOU ALL ON HERE :A:A:A:A:A i am ever gratefull to you :beer::beer: thank you:Dthank you:D thank you xxxxxxxxx take this on board any other fp victims keep fighting xxx

CONGRATULATIONS AMERSALL. FANTASTIC NEWS.
HAPPY CHRISTMAS:D:rotfl:
XXXXXXXXXXXXXXXXXXXXXXXX

amersall

finatra26 wrote: »

:j:j:jWell done Amersall - glad to hear of your win. I have a funny feeling a lot of people on here are going to have a much nicer Christmas this year.:beer::beer:

:jthank you chuck:A you bet there will be a lot of people having a very merry xmas indeed:j:j:j:j:money:glad i got one over on my fave (not ) company:rotfl::rotfl:

amersall

pinknico wrote: »

CONGRATULATIONS AMERSALL. FANTASTIC NEWS.
HAPPY CHRISTMAS:D:rotfl:
XXXXXXXXXXXXXXXXXXXXXXX
X

awe bless you pinknico:A:A just glad its over this company make me sick:mad::mad: and cant wait for them to collapse:p:p:p and you will have a very merry christmas too ;)