PPI Reclaiming successes and failures

bwfc0907

I've just posted my success.

I have two other ongoing but doubt I will win either.

1st one relates to a 5 year loan with the TSB taken out in 94. They cannot find papers and wont accept the policy I submitted. Its now with the Ombudman.

2nd one with TSB Insurance from 91, its taken 2 months to advise they cannot find the papers and I have now submitted the schedule. I feel a rejection coming on.

We live in hope.

di3004

bwfc0907 wrote: »

I've just posted my success.

I have two other ongoing but doubt I will win either.

1st one relates to a 5 year loan with the TSB taken out in 94. They cannot find papers and wont accept the policy I submitted. Its now with the Ombudman.

2nd one with TSB Insurance from 91, its taken 2 months to advise they cannot find the papers and I have now submitted the schedule. I feel a rejection coming on.

We live in hope.

Good luck with these, LLoyds I know are a nightmare.

I have just successfully been upheld on 3 of the loan ppi with them, but at first they were very low offers, I wrote back and gave them a piece of my mind, and within days, they upheld.
Have to watch them on the amounts though, make sure they calculate inline with the FOS guidelines (especially if they have upheld in your favour).

I am too waiting for some paperwork on another 2, I have the account numbers, as found on the SAR loan statements, I may still continue to make a reclaim on them though, as I know PPI were added with these loans, as LLoyds tend to add it automatically anyway.

Hope the FOS resolves this for you, good luck.;)

leesykoi

New to this but recently sent a template letter to Alliance + Leicester for PPI on a small loan in 2004. Within 4 working days i had a letter offering me the full cost of the PPI + 8% interest totalling £488. Between my partner and myself we have

1) Letter into the dreaded Firstplus for PPI mis-selling
2) Letter into Sainsbury Bank for PPI mis-selling
3) 5 x seperate Letters into MBNA for PPI mis-selling
4) SAR letter into Barclays (possibility of two further claims)

Here's hoping for more success and thanks for the advice to date.

Think the Firstplus one will be tricky as this was through a broker that is no longer trading but i have been advised through FirstPlusComplaints to pursue FP first.

Thks.

Lee.

di3004

leesykoi wrote: »

New to this but recently sent a template letter to Alliance + Leicester for PPI on a small loan in 2004. Within 4 working days i had a letter offering me the full cost of the PPI + 8% interest totalling £488. Between my partner and myself we have

1) Letter into the dreaded Firstplus for PPI mis-selling
2) Letter into Sainsbury Bank for PPI mis-selling
3) 5 x seperate Letters into MBNA for PPI mis-selling
4) SAR letter into Barclays (possibility of two further claims)

Here's hoping for more success and thanks for the advice to date.

Think the Firstplus one will be tricky as this was through a broker that is no longer trading but i have been advised through FirstPlusComplaints to pursue FP first.

Thks.

Lee.

Hi Lee, well done on your success.:beer:

Good luck with all the others.

In regards of the broker who you assume dissolved there are ways around this, when did you take out this loan (year)?

Di

Augustus

Thank you Martin! We would never have tried to reclaim if it had not been for the help your site gave me. We had 4 PPI's with Barclays over 14 years, your template letter went to Barclays last August, who refused to repay, keeping us hanging on with no answer, we then sent a letter to the Financial Ombudsman, who have now said we will be recieving all our payments back plus interest, we have just received the first cheque for one of the PPI's totalling £7, 350. :beer::T:j

di3004

Augustus wrote: »

Thank you Martin! We would never have tried to reclaim if it had not been for the help your site gave me. We had 4 PPI's with Barclays over 14 years, your template letter went to Barclays last August, who refused to repay, keeping us hanging on with no answer, we then sent a letter to the Financial Ombudsman, who have now said we will be recieving all our payments back plus interest, we have just received the first cheque for one of the PPI's totalling £7, 350. :beer::T:j

Wow, well done, this is wonderful ! :T:beer::jCongratulations!

Foggster

What were you reclaiming: PPI
Who was the provider: Lloyds TSB
How much did you get back: £8,350.96:T
Did you get it back after a letter or did you go to the Financial Ombudsman:

One letter saying I have been a Local Gov employee for over 20 years and any redundancy or sickness would be well and truly covered and that I could have got a cheaper policy that would have covered me from 6 months onwards. There was no hesitation from them. Although I am waiting for the credit into my account I have called this evening to clarify the figures in their final calculation and have been told it will be within 5 working days.

One thing I have to say, Lloyds customer service team have been very good when I have called, they have a thankless task.

Thank you Di and others who have taken the time to reply.

One down four to go!:rotfl:

di3004

Foggster wrote: »

What were you reclaiming: PPI
Who was the provider: Lloyds TSB
How much did you get back: £8,350.96:T
Did you get it back after a letter or did you go to the Financial Ombudsman:

One letter saying I have been a Local Gov employee for over 20 years and any redundancy or sickness would be well and truly covered and that I could have got a cheaper policy that would have covered me from 6 months onwards. There was no hesitation from them. Although I am waiting for the credit into my account I have called this evening to clarify the figures in their final calculation and have been told it will be within 5 working days.

One thing I have to say, Lloyds customer service team have been very good when I have called, they have a thankless task.

Thank you Di and others who have taken the time to reply.

One down four to go!:rotfl:

Absolutely fantastic :T:j:T, Well done and Congratulations, and good luck on the others.:beer:

And your very welcome.:A

emma-uk

I received a settlement from Welcome Finance today for £506.43:j:T I was told at the time of taking the loan out that it would be rejected if I did not accept PPI and the upheld my complaint, all done in a total of 6 weeks! A nice boost to my savings now I am completley debt free:T:j

kelt99

I took out a firstplus loan in 2002 for 25,000, worst thing we ever did.
To try and get rid of the loan, we remortgaged and repaid 25,000 in 2005. To my horror, the loan still had an outstanding balance of 7,500!!

When i found out about the ppi misselling, i dug out all my paperwork and was shocked to learn that firstplus had indeed added a single premium ppi of 6,500 onto the loan which would be paid over the term of the loan, 25 years, even though it would expire within 5 years!! the cheek of it!!
Anyway, that day i emailed customercare, which is easy to do from a link on the main website. I received a letter 5 days later to say that they would look into the case and they would be back in touch within 4 weeks. Then i had another letter exactly 4 weeks later saying that they need more time and would get back to me within another 4 weeks. I knew that by then the 8 week deadline would be up and i may have to go to the FOS.

Anyway, today, exactly 8 weeks to the day, i have had an offer to pay the premium in full including interest and premiums already paid!

Im really happy, but the only thing im not fully happy with is that the letter is very vague and doesnt state exact figures they will pay, im hoping that because i only have a settlement figure of 6,200, that the loan will come to an end! I have rang them today to put the figures they are offering in writing before i finally except. what do u think??
They say they would but it could take another 10 days! ive waited long enough!

I am now writing off to lloyds, countrywise, and northern rock :j
wish me luck!