PPI Reclaiming discussion Part II

amtrakuk

marshallka wrote: »

You still have not found out how much of the loan you actually received though as there is no PPI on the figures you gave to us last night unless you only received a certain amount of the loan of £10800. If you received it in full then you definately paid no ppi from that loan.

Hi. Spoke to Sandra at HFC for the second time today

I asked her how much of the 11k was PPI, she said it isn't bundled in the 11k, I paid it month by month included in the Direct Debit. :mad:

maxdp

marshallka wrote: »

maxdp, if you don't mind me asking how much is the difference that you are out by .

Good morning one and all. Been busy mowing lawn (and next doors) lovely lady who is a pensioner and finds it difficult. Found a slow worm under bush nearly ended up as two:eek:.

I am not sure of the actual figures but Tiggrae has been supportive and thinks that the problems is that they have taken the three loans separately when they worked out the figures. What they should have done was taken all three into consideration cause although they have refunded PPI what we think they have not taken into account was the fact that the PPI for the first loan would have been taken over to the second loan and the PPI from 1st and 2nd would have influenced third loan.

Am awaiting decision at mom from FOS. Fingers crossed;)

marshallka

amtrakuk wrote: »

Hi. Spoke to Sandra at HFC for the second time today

I asked her how much of the 11k was PPI, she said it isn't bundled in the 11k, I paid it month by month included in the Direct Debit. :mad:

So was this then a seperate thing in that you had a seperate agreement because it definately did not come into the agreement figures you put on here. I am sorry and don't want you to make a mistake in writing a complaint when in actual fact it was nothing to do with the agreement you put on here.

You can check the figures yourself here

http://www.moneymadeclear.fsa.gov.uk/tools.aspx?Tool=loan_calculator

If you actually received £10800 because £200 was admin fees then you repaid them over 7 years and the APR was 15.4% and you made repayments of £204ish per month then that is correct in that no PPI was added.

Please don't think i am being negative.... Perhaps you had another agreement with them... You really needed to check what amount of the £10800 YOU RECEIVED in the bank. This should put your mind at rest. Its is confusing here but like i say from your figures from your agreement they all match without it added.

marshallka

di3004 wrote: »

Blimey the FOS casework section were quick getting back again.:D

I had emailed them back yesterday as they also requested for my hubby's details in order to put his 2 complaints on fast track too, here is the reply I just received.;)

Dear Mrs

Thank you for your email

I will add this information to your file and also pass this on to the manager involved in order to assess your case further.

Yours sincerely

Casework Support Administrator
Direct Line: 020 7093 5500
Direct Fax: 020 7093 5501

Email: [EMAIL="casework.support@financial-ombudsman.org.uk"]casework.support@financial-ombudsman.org.uk[/EMAIL]

Hope you get it Di. You should do.:D

marshallka

maxdp wrote: »

Good morning one and all. Been busy mowing lawn (and next doors) lovely lady who is a pensioner and finds it difficult. Found a slow worm under bush nearly ended up as two:eek:.

I am not sure of the actual figures but Tiggrae has been supportive and thinks that the problems is that they have taken the three loans separately when they worked out the figures. What they should have done was taken all three into consideration cause although they have refunded PPI what we think they have not taken into account was the fact that the PPI for the first loan would have been taken over to the second loan and the PPI from 1st and 2nd would have influenced third loan.

Am awaiting decision at mom from FOS. Fingers crossed;)

So they were to pay each other off and they have not taken that into consideration. Lets hope they get it sorted for you then soon.:mad:

I would be sooo blummin annoyed waiting that long.

di3004

marshallka wrote: »

Hope you get it Di. You should do.:D

Thanks hun, I do hope so.:D :j .

di3004

Just a bit of information regarding the FOS.:D

http://whatconsumer.co.uk/the-financial-ombudsman-service-fos-will-remain-free/

BIKERCHIC

SENT A LETTER TO RECLAIM PPI ON C/CARD LPF(BARCLAYCARD FINANCE) AND RECEIVED FINAL RESPONSE BACK SAYING ON APPLICATION I HAD TICKED BOX AND IN NOV 2004 THEY HAD SEND TERMS AND COND'S AND MY FAULT NOT READ AND NOT CANX WITHIN 30 DAYS.

I WAS RECLAIMING BECAUSE I WAS/AM COVERED THROUGH MY EMPLOYER FOR ILLNESS ETC.. AND NEVER ANY MENTION IN EXCLUSIONS THAT IF COVERED ELSEWHERE WOULD NOT BE ELIGABLE TO CLAIM IF I HAD KNOWN THIS I WOULD OF IMMED CANX THIS SO WILL NOW REFER TO FOS.

I WOULD ONLY OF KNOWN I WAS NOT COVERED IF I HAD OF MADE A CLAIM

LOOKING AT PREVIOUS POST ON THIS SITE CANT SEE IF ANYONE CLAIMING FOR THIS REASON AND WOULD LIKE TO HERE FROM ANYONE THAT HAS

maxdp

marshallka wrote: »

So they were to pay each other off and they have not taken that into consideration. Lets hope they get it sorted for you then soon.:mad:

I would be sooo blummin annoyed waiting that long.

I am cross:mad: that is why I keep whingeing on about it. I kept telling them but was obviously not making sence but Tiggrae has put it in a way that they should be able to understand:D

amtrakuk

marshallka wrote: »

So was this then a seperate thing in that you had a seperate agreement because it definately did not come into the agreement figures you put on here. I am sorry and don't want you to make a mistake in writing a complaint when in actual fact it was nothing to do with the agreement you put on here.

You can check the figures yourself here

http://www.moneymadeclear.fsa.gov.uk/tools.aspx?Tool=loan_calculator

If you actually received £10800 because £200 was admin fees then you repaid them over 7 years and the APR was 15.4% and you made repayments of £204ish per month then that is correct in that no PPI was added.

Please don't think i am being negative.... Perhaps you had another agreement with them... You really needed to check what amount of the £10800 YOU RECEIVED in the bank. This should put your mind at rest. Its is confusing here but like i say from your figures from your agreement they all match without it added.

Thanks for the link. My single monthly payment was £236.39. Im guessing the £32.39 was the PPI which near enough matches with the amount I was told on the phone.

While I was on the phone I asked how much PPI I paid. I was told it was 38 months. She confirmed it was PPI x 38.