Blackhorse PPI

9 Posts
Hi everyone
Just wondering if anyone has been the told the same by Blackhorse
So I've always thought I would be due some sort of PPI but like many others I just have never got round to doing it.
Finally raised a PPI complaint and Blackhorse called me tonight to go over more details as the loans were over 10 years old and I have since moved house etc....
After confirming my old details they told me I had 3 loans from them over the course of 2 years for £1,000, £1,500 & £2,000.
They admitted that YES I did have PPI in all 3 loans. They are sending out a claim form which I complete and then they have 8 weeks to investigate if I have a claim and they wil let me know.
Surely them admitting I did have PPI on all 3 loans means they cant turn around and throw out my complaint? Or can they?
Anyone had this admitted to them but still denied compensation?
Cheers
Just wondering if anyone has been the told the same by Blackhorse
So I've always thought I would be due some sort of PPI but like many others I just have never got round to doing it.
Finally raised a PPI complaint and Blackhorse called me tonight to go over more details as the loans were over 10 years old and I have since moved house etc....
After confirming my old details they told me I had 3 loans from them over the course of 2 years for £1,000, £1,500 & £2,000.
They admitted that YES I did have PPI in all 3 loans. They are sending out a claim form which I complete and then they have 8 weeks to investigate if I have a claim and they wil let me know.
Surely them admitting I did have PPI on all 3 loans means they cant turn around and throw out my complaint? Or can they?
Anyone had this admitted to them but still denied compensation?
Cheers
0
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Replies
They didnt admit you had PPI. The confirmed you had PPI. Its not an admission of guilt.
Just because you have PPI, does not mean you were missold. They cannot throw out your complaint as they are required to consider it. However, they can reject your complaint if there is no evidence of wrongdoing.
I think you have a misconception of the issue here. There is nothing wrong with having PPI. It is how it was sold to you that matters. Some distribution channels have over 90% of PPI complaints upheld. Some have under 10% of PPI complaints upheld.
I remember it clear as day being Sat down and getting told I could get the loan if I took out PPI.
Fingers crossed
They advised a decision would now be quicker than their standard 8 weeks.
If upheld the value of PPI I was sold is just over £2k and dates back about 14 years.
Hope to hear some good news!
Received a letter from Blackhorse stating that my claim has been upheld and I will have a cheque shortly for just under £4k! Very happy :beer:
In 2011 we used a company to get compensation for PPI which was unsuccessful. We have recently applied for the same and received a letter from Blackhorse saying they needed some proof within 14 days. We sent off copies of the original paperwork.
Yesterday received a letter from Blackhorse saying that as they had not received the paperwork they were closing the case.
Husband called them stating that we had posted the proof. Aidan? from Blackhorse, said,'if you have the number let me know I will check it now.' We gave him the agreement number and were promptly told that as we had paid off the loan before the qualifying dates we were not eligible for any payout. So thats that! Seems mighty unfair that I have the original paperwork and proof, yet can't do anything about it.
Or can I?
I have read on the forum that people have been successful with much older loans. Any suggestions will be welcome.
Thanks in advance.
Can I ask, had the loan been paid off before 2007?
Struggling to get Blackhorse to pay.
Thanks
Do not mistake a plevin review with the original complaint outcome. You dont get to open the complaint again.
Thanks Dunstonh
Will that be a problem? Tia