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Is This a Good or Bad Sign?

I recently started a claim for a loan taken out 20 years ago with Halifax. I only sent my questionnaire back yesterday, but had a text this evening (one day later) to say that my query is almost complete and I will receive a letter soon.

I know it's like asking how long is a piece of string, but generally is this a good or bad sign?

Thanks!

Comments

  • Bermonia
    Bermonia Posts: 977 Forumite
    500 Posts
    It is what it is... unfortunately you will just have to wait and see, may just be nothing more than an acknowledgment
  • Nasqueron
    Nasqueron Posts: 11,073 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If you had no PPI = good sign as you weren't miss-sold

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • When they sent out the questionnaire the acknowledgement letter had an account number listed, so is that a sign I had PPI on it?
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No. It's a sign that you made a complaint about PPI.
  • I phoned the bank this morning. It was indeed a good sign. They're paying me a four figure sum into my bank account within the next 28 days!
  • Takmon
    Takmon Posts: 1,738 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I phoned the bank this morning. It was indeed a good sign. They're paying me a four figure sum into my bank account within the next 28 days!

    It's funny how unknowingly being "miss sold" a financial product and being oblivious to the fact your paying for something you didn't need is considered a good thing these days :rotfl:
  • Nasqueron
    Nasqueron Posts: 11,073 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Takmon wrote: »
    It's funny how unknowingly being "miss sold" a financial product and being oblivious to the fact your paying for something you didn't need is considered a good thing these days :rotfl:


    I suppose at least the 8% interest is more than you'd have got in the bank, it's a sort of savings scheme ;)

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • Takmon
    Takmon Posts: 1,738 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Nasqueron wrote: »
    I suppose at least the 8% interest is more than you'd have got in the bank, it's a sort of savings scheme ;)

    Yes that is a good point. You could have gotten a better return by investing in the stock market over that time, but it has worked out well for the "financially oblivious" :p .
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