PPI Reclaiming discussion Part II

Laini

marshallka wrote: »

While i was out just down the docs the ombudsman has rang and told my son that they are looking into my complaint and that they are writing to me. I don't think this will be the one about freedom, i think it must be the firstplus settlement one. I had had a letter from them the other week saying it would be going before an adjudicator soon. I think they must of now asigned one and are looking into this. Does not mean it will be upheld but time will tell. They can only really check the settlement i think.

goodluck hope it works out for you
Laini x:j

sparky0107

Evening again,
Using the template letter to loans.co.uk, do I just use the section that states they have already been fined by the FSA for mis-selling, or do I need to add any other sentences in? Sorry to be a pest

[insert your name

and address]

[insert date]

[insert name and
address of company
that sold you the
loan/card insurance]

Dear Sir or Madam,

Re: Account number: [insert account number]

I purchased the above policy from you in [insert date] but now believe that I was mis-sold this policy for the following reason:


This is due to the fact that you have been fined by the FSA for failing to treat your customers fairly when selling Payment Protection Insurance and I do not believe that my policy was sold in my best interests.


Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,

[insert signature]

[insert your name]

Absolut_Wench

di3004 wrote: »

Aww thank you hunni, this is great.;)

Di.
xx;)

No problem

Just hope we can sort Endeavour out soon - I think they will be the tough ones

angelwillow

sparky0107 wrote: »

Evening again,
Using the template letter to loans.co.uk, do I just use the section that states they have already been fined by the FSA for mis-selling, or do I need to add any other sentences in? Sorry to be a pest

[insert your name

and address]

[insert date]

[insert name and
address of company
that sold you the
loan/card insurance]

Dear Sir or Madam,

Re: Account number: [insert account number]

I purchased the above policy from you in [insert date] but now believe that I was mis-sold this policy for the following reason:


This is due to the fact that you have been fined by the FSA for failing to treat your customers fairly when selling Payment Protection Insurance and I do not believe that my policy was sold in my best interests.


Unless you can satisfactorily justify to me that the policy was fair and reasonable I am requesting a full refund of all premiums, and subsequent interest on these payments, that I have paid to date. As I believe I have been deprived of this money I also expect 8% statutory interest, the amount a court would award, to be added to each payment made.

I look forward to a full and prompt response to this letter and for the matter to be concluded within eight weeks or I shall be contacting the Financial Ombudsman to investigate my complaint.

Yours faithfully,

[insert signature]

[insert your name]

I'd add it abit about exactly why you feel that you personally have been nis-sold as well as the fined section.

MWH1

**AquariausAngel** wrote: »

Hi

I only asked for credit card charges at the time I wrote the letter - I am still waiting for them even though they have exceeded 40 days

As my PPI claim is with the FOS I think I will just wait to hear from them and concentrate on the charges for now!

Thanks for your help

If you have proof of delivery for your SAR that shows they have exceeded 40 days, you can either call them with strong reminder or write to ICO. The Information Commissioner will then deal with it for you (more waiting I know :rolleyes: ). Let me know what happens.

sparky0107

angelwillow wrote: »

I'd add it abit about exactly why you feel that you personally have been nis-sold as well as the fined section.

Thanks angelwillow
My other arguements aould be that the laon was over 300 months :eek: , but the PPI was only over 60 months paying a maximum of 12 months payments. Do you think I should include this as part of my letter. Also I get 2 years sickness pay & also 2 years death benefit from work.

angelwillow

Yes as I believe the time part is not considered acceptable in the FSA 'findings'.
I'm sure somebody more knowledgable about these things could confirm that or not but can't see how it would do any harm to mention it then it's in writing incase you need to take things further.

cmac

hashxx wrote: »

Hello all,
Sorry bit of a newbie to posting on the forum, please excuse the double replies,,


Thanks

Hi sorry I cant help you with figures I dont know how to either but just to say dont worry about the double posts we ve all done something silly on here at some time or other .
good luck with it all x

MWH1

Today, I’ve received a letter from the FOS regarding my HBOS PPI reclaim. I am delighted to tell you that HBOS have offered to refund all my payments with 8% interest (a goodwill gesture :rotfl: ). I will need to have the smile surgically removed from my face!

I am advised that once the acceptance is returned the payment should be sent to me within "around a month". Once I have the payment I will post the whole story on the success board. I reckon this should be over £1,800 which ain't small money. I'd like to mention thanks to not just the experts such as MColak and Tiggrae, but all reclaimers who I've learnt a huge amount from. Everyone has their own circumstances and has to build a case around them by putting in the effort to understand your reclaim- look no further than the highly tenacious Marshallka! :T . Finally, my biggest thank you goes to Martin Lewis who made this possible. Please don't underestimate what it means to put this kind of money back into our pockets. Your work really is appreciated sir!
PS - I never thought I would be able to post these icons, but here goes.....:beer: :j :beer: :j :beer: yeahhhhhhhh! :cool:

marshallka

MWH1 wrote: »

Today, I’ve received a letter from the FOS regarding my HBOS PPI reclaim. I am delighted to tell you that HBOS have offered to refund all my payments with 8% interest (a goodwill gesture :rotfl: ). I will need to have the smile surgically removed from my face!

I am advised that once the acceptance is returned the payment should be sent to me within "around a month". Once I have the payment I will post the whole story on the success board. I reckon this should be over £1,800 which ain't small money. I'd like to mention thanks to not just the experts such as MColak and Tiggrae, but all reclaimers who I've learnt a huge amount from. Everyone has their own circumstances and has to build a case around them by putting in the effort to understand your reclaim- look no further than the highly tenacious Marshallka! :T . Finally, my biggest thank you goes to Martin Lewis who made this possible. Please don't underestimate what it means to put this kind of money back into our pockets. Your work really is appreciated sir!
PS - I never thought I would be able to post these icons, but here goes.....:beer: :j :beer: :j :beer: yeahhhhhhhh! :cool:

Really chuffed for you. Its put the mood on this thread back on a high after poor yeosal yesterday. Great news:beer: :j :beer: :j