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Extra PPI Refunds.

Hi all around four years back i claimed over twenty grand back
from various loans and cards. On friday i received out of the blue
a cheque from barclays for just shy of 2700 pounds . Seems that
they miscalculated the interest. Now today i received a letter from
Egg Canada square saying you can reclaim from us . As in my first claim they said no , being that I had got the bulk of my money back
I let it go ,seems to me the that they are all checking previous claims
which could be good news for a lot of people.

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,383 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Are they actually offering redress, or are they inviting you to complain under Plevin?
  • Motivator
    Motivator Posts: 18 Forumite
    Looks that way a Supreme court ruling has changed things according to the letter.
  • dunstonh
    dunstonh Posts: 121,299 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    a cheque from barclays for just shy of 2700 pounds . Seems that
    they miscalculated the interest.
    Barclays were instructed to go back on some old complaints and recheck the work and calculations. They have also been brining a lot of pre-computer data online for their complaint handlers to see that was not available previously.
    Now today i received a letter from
    Egg Canada square saying you can reclaim from us . As in my first claim they said no , being that I had got the bulk of my money back
    I let it go ,seems to me the that they are all checking previous claims

    They are not all checking previous complaints. Some have been instructed to.

    Was this a previously rejected complaint that has now been switched to an uphold decision or is it a part refund based on the Plevin ruling?
    Looks that way a Supreme court ruling has changed things according to the letter.

    The plevin ruling is the only court case for many years. So, this would suggest that its a part refund of the excess commission above 50%.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • I have just got £4000 back from a plevin case from mbna.
  • sun73
    sun73 Posts: 498 Forumite
    Part of the Furniture 100 Posts
    dunstonh, a question for you if you don't mind. In your response above you mention that Barclays have been "bringing a lot of pre-computer data online for complaint handlers to see that was not previously available."

    Can I ask if you mean microfiche records, how far back, and where did you hear or read about this? Apparently, they cannot locate my Barclaycard account even with the number. Many thanks
  • dunstonh
    dunstonh Posts: 121,299 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Can I ask if you mean microfiche records, how far back, and where did you hear or read about this?

    From what I have heard, it was old paper stored docs that never got onto microfiche but were in unsorted warehouse storage.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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