PPI Reclaiming successes and failures

di3004

Widger wrote: »

Hi there
I have successfully re-claimed back almost £5,000 from Egg in unfair PPI charges. I wrote to them using the template as I felt I was completely mis-sold the PPI - basically told no PPI, no loan. I am pleased to have received this back, I felt back then I was mis-sold, but I needed the loan and had no other options.

If you feel you have been mis-sold, then please make a claim - you never know your luck!

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

pinknico

barloo69 wrote: »

Barclaycard PPI Success

Have been successful on a few of my own accounts and now doing the Wifes. She had a Barclaycard whilst being a student (clearly unsuitable) and they applied their payment protector to it.
I sent off various letters and calculated from the statements that we recd that the premiums she has paid total £350 in premiums. I calculated a standard 8 % interest giving a total of £378 that we expecting.

Today however we receive a letter from Barclaycard offering £1204.60 as settlement and to sign enclosed if we accept.

ERRRRRRRRRRRRRR yeah, right on it.

Was no where near expecting this figure returned. Just goes to show, with PPI, DO NOT ever return back your list of PPI charges that you have believe has been charged as the way they have calculated ours is not simply adding 8% interest, bit more advanced and if these are returns you get Im going for compounded interest forevermore.

Good luck.

Congratulations Barloo. x

bertatswad

Hi, advice please, had a letter from Halifax upholding my complaint for missold ppi on two loans 4 weeks ago. They told me they were doing the calculations and that the money would be paid within a month. Phoned them today only to be told that the calculations were in a queue :mad: and that it could take another 4 to 6 weeks to work out and that i may receive payment by Christmas :mad: . Halifax took the full 8 weeks to look into my complaint and went right till the last day. Is this right that they can take another 8 weeks to work out what they are going to refund me ??????????? I am really annoyed about this, after all its my money

di3004

bertatswad wrote: »

Hi, advice please, had a letter from Halifax upholding my complaint for missold ppi on two loans 4 weeks ago. They told me they were doing the calculations and that the money would be paid within a month. Phoned them today only to be told that the calculations were in a queue :mad: and that it could take another 4 to 6 weeks to work out and that i may receive payment by Christmas :mad: . Halifax took the full 8 weeks to look into my complaint and went right till the last day. Is this right that they can take another 8 weeks to work out what they are going to refund me ??????????? I am really annoyed about this, after all its my money

Hi there

First of all well done on your success.:beer:

That is so annoying when that happens, but unfortunately going by many read posts on here, as loads of banks have a huge amount of backlogs, this seems to be the case, I think they may be saying that to cover the times, and I would think and hope you receive your refund well by then.

However, if your in hardship, let them know, and ask if they could consider paying your money up earlier that the timescale given, its worth a try.;)

Fingers crossed for you.

barloo69

busbyh wrote: »

Well done barloo. any news on the NCB issue with FSCS yet

No news yet Busby, Royal mail site says delivered so they definately got it.

amersall

Dellboy wrote: »

ive got a shotgun

:rotfl::rotfl:bit busy right now will pop round later to get it:D:D

amersall

Tooseygirl wrote: »

After several letters to MBNA we had a very firm 'No' and a statement that we could also forget going to the ombudsman as it was outside his jurisdiction (my interpretation of their words). Anyway a couple of months later having almost given up on the idea of reclaiming my husband decided to give it one last go and lo and behold a couple of weeks later we received a VERY apologetic letter and a cheque for £3450 as a refund of all premiums and interest and also including an ex gratia payment of £150 for giving us incorrect advice about the ombudsman! Needless to say the cheque was banked that afternoon!!

We have now re-written to Egg and (surprise, surpirse) they have said 'no' again so our next step is to the ombudsman.

It really is worth trying - and don't give up, we nearly did and would have been £3450 worse off as a result.

Good luck with all your claims and I'll let you know how we do with Egg!

Juls

:j:j well done to you:beer::money:

amersall

barloo69 wrote: »

Barclaycard PPI Success

Have been successful on a few of my own accounts and now doing the Wifes. She had a Barclaycard whilst being a student (clearly unsuitable) and they applied their payment protector to it.
I sent off various letters and calculated from the statements that we recd that the premiums she has paid total £350 in premiums. I calculated a standard 8 % interest giving a total of £378 that we expecting.

Today however we receive a letter from Barclaycard offering £1204.60 as settlement and to sign enclosed if we accept.

ERRRRRRRRRRRRRR yeah, right on it.

Was no where near expecting this figure returned. Just goes to show, with PPI, DO NOT ever return back your list of PPI charges that you have believe has been charged as the way they have calculated ours is not simply adding 8% interest, bit more advanced and if these are returns you get Im going for compounded interest forevermore.

Good luck.

:j:j thats fantastic:cool: well done:j:beer:

suepauljody

I encouraged my son to use the template letter to reclaim on a AA loan.(RBS is the bank) within 6 weeks after an acknowledgement letter and a phone call from them he has just received notification that he is to receive £2.200 and have his remaining monthly payments reduced by £40 - RESULT!! Thanks MSE!!

di3004

suepauljody wrote: »

I encouraged my son to use the template letter to reclaim on a AA loan.(RBS is the bank) within 6 weeks after an acknowledgement letter and a phone call from them he has just received notification that he is to receive £2.200 and have his remaining monthly payments reduced by £40 - RESULT!! Thanks MSE!!

Fantastic :T:T
Well done to you and your son.......:beer::beer::j:j