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PPI Reclaiming successes and failures

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  • di3004
    di3004 Posts: 42,579 Forumite
    K1RST1E wrote: »
    Superwhy - I have just seen your post regarding the Welcome Finance PPI reclaiming.

    I don't want to dishearten you but it took me a year. I started my claim in October 2007 with one letter outlining everything. After that one letter, they sent me their Final Response letter which I then passed onto the Financial Ombudsman along with every other piece of paperwork I had ever been sent in relation to the loan.

    The loan was for £2000 but totalled to £5614.00 with interest and PPI (which is also charged a compound interest after being told by the adjudicator at the Financial Ombudsman). Without the PPI, my loan would have ended in December 2007 but upto the offer date which was only Wednesday, Welcome Finance were still claiming I owed them £1200 when the loan with the PPI was supposed to end in September 2009.

    Anyhoo, my case was with the Financial Ombudsman since November 2008, was seen by an adjudicator in September 2009 and the offer was made November 2009. They have offered a full refund of the PPI plus any related interest plus 8% interest on top. I have accepted this offer. I don't know how much this is (but I have an idea) or when I will be recieving this but the long and short of it is, that it may have taken me a year but my loan has finally ended plus some money back to boot!

    It's a long winded process but stick with it, it'll be worth your while in the long run.

    Hello and Welcome.
    Thank you for your advice, and I'm sure it will be a big help to others, cheers so much and well done to you.:T:beer::T
    The one and only "Dizzy Di" :D
  • :j:j:j:j:j:j:j:j:j:j:j:j:j:j

    Yippee..... Cheque received from Black Horse £2774.00

    Thanks to everyone at MSE for your help. :A:A:A:A:A
    :T:T:T:T:T:T:T:T:T:T :beer::beer::beer:
  • di3004
    di3004 Posts: 42,579 Forumite
    gerryscot wrote: »
    :j:j:j:j:j:j:j:j:j:j:j:j:j:j

    Yippee..... Cheque received from Black Horse £2774.00

    Thanks to everyone at MSE for your help. :A:A:A:A:A
    :T:T:T:T:T:T:T:T:T:T :beer::beer::beer:

    Well done to you, Congratulations.
    So happy for you and well deserved, now go and spoil youself.:T:T:T:T:beer::beer::beer::T:T:T:j:j:j
    Di
    XXXX
    The one and only "Dizzy Di" :D
  • di3004 wrote: »
    Received a Cheque payment today from the Financial Compensation Scheme (FSCS) in regards of the loan business going bust over a year ago, called TWOPART LTD/Eloan.co.uk.

    The Cheque received = £1443.87
    :j:j:j:j:j:j:j:j:j
    So happy and it will be a help for the mortgage arrears.:beer:

    If there is anyone out there who have had a loan with the above company and was mis sold the PPI, please claim through the above organisation, you will find them here:
    http://www.fscs.org.uk/contacts/
    Good luck.:beer:

    Congratulations Di, :j:j:j:j:j:j:j:j:j

    I'm delighted to hear your great news. :T:T:T:T:T:T:T

    Well done your a star..:A:A:A:A:A:A

    Gerry x x :beer::beer:
  • di3004
    di3004 Posts: 42,579 Forumite
    gerryscot wrote: »
    Congratulations Di, :j:j:j:j:j:j:j:j:j

    I'm delighted to hear your great news. :T:T:T:T:T:T:T

    Well done your a star..:A:A:A:A:A:A

    Gerry x x :beer::beer:

    Thank you so much Gerry.:A:A:A
    Your a true sweetheart, and I'm so delighted to hear your fantastic news as well.:T:T:T:T:beer::beer::beer:

    Di
    Xxx
    The one and only "Dizzy Di" :D
  • Saw your website in Aug 2009 and decided to act. Have current first plus loan and ppi. Don't need accident protection as covered by employer but told take it and it will pay off the loan early!! Followed advice on website. Sent 2 letters to first plus then contacted fos. Before hearing from fos recieve letter from first plus in our favour. Nov 2009 recieve full refund plus interest. Only took 3 months and 3 stamps. Wow i'm thrilled. Thanks Martin!!!
  • di3004
    di3004 Posts: 42,579 Forumite
    Saw your website in Aug 2009 and decided to act. Have current first plus loan and ppi. Don't need accident protection as covered by employer but told take it and it will pay off the loan early!! Followed advice on website. Sent 2 letters to first plus then contacted fos. Before hearing from fos recieve letter from first plus in our favour. Nov 2009 recieve full refund plus interest. Only took 3 months and 3 stamps. Wow i'm thrilled. Thanks Martin!!!

    WOW, that is cool.:T:beer::T
    Many Congratulations, and well done to you.:beer::j:j
    The one and only "Dizzy Di" :D
  • amersall
    amersall Posts: 17,037 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    :beer::beer: many congrats to all winners yesterday :j:j:jwell done:money:
    • What were you reclaiming: PPI on a loan since 2004
    • Who was the provider: abbey national
    • How much did you get back: £1,330.89 including the 8% interest
    • Did you get it back after a letter or did you go to the Financial Ombudsman: 1st letter
    well pleased lets hope the others im claiming have the same outcome
  • di3004
    di3004 Posts: 42,579 Forumite
    davesy5250 wrote: »
    • What were you reclaiming: PPI on a loan since 2004
    • Who was the provider: abbey national
    • How much did you get back: £1,330.89 including the 8% interest
    • Did you get it back after a letter or did you go to the Financial Ombudsman: 1st letter
    well pleased lets hope the others im claiming have the same outcome

    Fantasic, Congratulations and well done.
    :beer::T:beer:
    The one and only "Dizzy Di" :D
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