PPI Reclaiming discussion Part II

marshallka

sue149 wrote: »

loan amount £68 500 ppi £16775 july 2006 offered £7632 if cancelled

You really need to post the details of what the new loan would be plus the £7K they have offered. Its looks very low....:mad:

di3004

sue149 wrote: »

loan amount £68 500 ppi £16775 july 2006 offered £7632 if cancelled

Blimey less than half the amount.......:eek:
No way, I would complain to the FOS now !!!

di3004

marshallka wrote: »

Its not that Di, its about the interest rate of others still with loans in that Firstplus have no reputation to keep up now but Barclays have.

Yep True.......:rolleyes:

marshallka

Sue do any of the letters say final response and also have you had this as a goodwill gesture...???

sue149

£85 275 break down £68 500 ppi £16 775 offered £7632 if cancelled plus £70 reduction on payments loan taken out july 2006 should we refuse and take it further

sue149

£85 275 break down £68 500 ppi £16 775 offered £7632 if cancelled plus £70 reduction on payments loan taken out july 2006 should we refuse and take it further

sue149

marshallka wrote: »

Sue do any of the letters say final response and also have you had this as a goodwill gesture...???

yes it says purely a gesture of goodwill

di3004

sue149 wrote: »

£85 275 break down £68 500 ppi £16 775 offered £7632 if cancelled plus £70 reduction on payments loan taken out july 2006 should we refuse and take it further

I was thinking Marshallka do you think we should let Tiggrae see what she thinks about this one hunni?

If it were me, I would go to the FOS, but then others may have a different view here.
So maybe if Tiggrae called in here hopefully some time today she may be able to guide you here hunni.;)

marshallka

sue149 wrote: »

£85 275 break down £68 500 ppi £16 775 offered £7632 if cancelled plus £70 reduction on payments loan taken out july 2006 should we refuse and take it further

Over how many months was the original loan and also what is happening with the loan after and the APR??

How are they treating this?? Goodwill gesture - misselling???

Also what is the actual offer. I don't understand as usually they cancel the old loan and then redo a new one??

sue149

yes purely a gesture of goodwill