Cheque bounced

smashinglynaive

meeshap2399 said:

smashinglynaive said:

meeshap2399 said:

No that’s with interest 

Even with statutory interest that's an incredible amount for catalogue purchase PPI.  Are you really sure this is the correct amount?  Is that not, perhaps, the reason why they appear to have cancelled the cheque?

No all the account details are correct.  I do have a break down of it but that’s not the issue here.  I had already had a small payout many years ago which wasn’t the correct amount which is I was approached.  

Why would the cheque bounce if it wasn’t agreed? I should never have received it if that was the case surely? 

I have seen that there has been/is a court case between jd Williams and Allianz though 

People make mistakes.

The most obvious explanation is that someone awarded you the wrong amount, the cheque was issued and at some point between it being issued and presented, it was cancelled.

You must have a rough idea of what you're actually owed. Is it anywhere near 5k?  That sort of payout is usually awarded to people with several thousand borrowed over a period of many years, way outside of catalogue spend levels.

meeshap2399

My spend was quite high to be fair but we are talking about twenty years ago when I was a customer.  I remember the ppi was a ridiculous amount within my monthly payment.  I vaguely remember it being £134 one month.

smashinglynaive

meeshap2399 said:

My spend was quite high to be fair but we are talking about twenty years ago when I was a customer.  I remember the ppi was a ridiculous amount within my monthly payment.  I vaguely remember it being £134 one month.

It being £134 one month doesn't mean much, you may have spent a particularly large amount in that month.

Clearly the issuer of the cheque has cancelled it for some reason. We can do a back and forth forever over it and get no closer to figuring out exactly why. You need to speak to Allianz and ask them what's happening.

As I've said, my best guess would be the amount is incorrect, but there could be any number of other reasons.

meeshap2399

ITS GONE IN JUST NOW 

VERY HAPPY

meeshap2399

smashinglynaive said:

meeshap2399 said:

My spend was quite high to be fair but we are talking about twenty years ago when I was a customer.  I remember the ppi was a ridiculous amount within my monthly payment.  I vaguely remember it being £134 one month.

It being £134 one month doesn't mean much, you may have spent a particularly large amount in that month.

Clearly the issuer of the cheque has cancelled it for some reason. We can do a back and forth forever over it and get no closer to figuring out exactly why. You need to speak to Allianz and ask them what's happening.

As I've said, my best guess would be the amount is incorrect, but there could be any number of other reasons.

I was ringing Allianz.  2 and half hours of holding music lol by the by now. 

I’m a little confused as to why my bank said what they did and then it clear but hey.

Thanks everyone for your input

smashinglynaive

meeshap2399 said:

smashinglynaive said:

meeshap2399 said:

My spend was quite high to be fair but we are talking about twenty years ago when I was a customer.  I remember the ppi was a ridiculous amount within my monthly payment.  I vaguely remember it being £134 one month.

It being £134 one month doesn't mean much, you may have spent a particularly large amount in that month.

Clearly the issuer of the cheque has cancelled it for some reason. We can do a back and forth forever over it and get no closer to figuring out exactly why. You need to speak to Allianz and ask them what's happening.

As I've said, my best guess would be the amount is incorrect, but there could be any number of other reasons.

I was ringing Allianz.  2 and half hours of holding music lol by the by now. 

I’m a little confused as to why my bank said what they did and then it clear but hey.

Thanks everyone for your input

They said they would represent the cheque. And they appear to have done so.  Although I'm in disbelief that a cheque would apparently clear after the close of business.

It's almost as if this story was not true.

[Deleted User]

PPI was typically around 80p-£1 per £100 of debt so if £134 was from PPI charges alone, that would mean owing over £13k on the card which is a horrible situation to be in

@meeshap2399 the Beavis case may be irrelevant here as you already had a full refund of your PPI - that was only an issue when you had a partial refund and the commission was over 50% but wasn't included.