We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Second attempt successfull
aybsee
Posts: 6 Forumite
I originally contacted my bank in 2010 regarding PPI using the online form. Within a few weeks they wrote back and informed me that they had no record of any loans with PPI that i had with them. I let this slip as I figured I must have been mistaken. In the last year i again tried using one of the online companies that specialise in PPI and they have been successful in a claim worth over £10,000.
As i have already tried and was denied by the bank having given the bank the same information I then gave the online company, my question is this.
Can i now claim the 25% from the bank that i have to pay the online company as the claim has now been successful and if the bank had been thorough in it's own investigation then I would not be £2500 out of pocket.
Thanks
As i have already tried and was denied by the bank having given the bank the same information I then gave the online company, my question is this.
Can i now claim the 25% from the bank that i have to pay the online company as the claim has now been successful and if the bank had been thorough in it's own investigation then I would not be £2500 out of pocket.
Thanks
0
Comments
-
No. .0
-
No.Can i now claim the 25% from the bank that i have to pay the online company as the claim has now been successful and if the bank had been thorough in it's own investigation then I would not be £2500 out of pocket.
It was your own choice to employ a Claims Management Company. The fact is that you would have been successful with your second complaint if you had simply complained alone as you did in the past. You'll just have to content yourself with the extra eight years of interest which the Bank will be paying you because they didn't refund back in 2010.
At the risk of sounding like a broken record, Claims Companies do nothing you cannot do alone and for free.
Sorry.0 -
Can i now claim the 25% from the bank that i have to pay the online company as the claim has now been successful and if the bank had been thorough in it's own investigation then I would not be £2500 out of pocket.
No. The complaints process is free of charge to use. If you decide to pay someone to use that free-of charge process, then you suffer the costs.
A number of banks have been getting old data out of their archives that was not previously available and placing it on to their systems. Barclays, for example, has been going back over a long time doing this. So, that is often the reason data that was not present before is now available.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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards