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  • FIRST POST
    • Lovetoad
    • By Lovetoad 12th Feb 18, 8:11 PM
    • 2Posts
    • 3Thanks
    Lovetoad
    First Plus Ppi claim success!
    • #1
    • 12th Feb 18, 8:11 PM
    First Plus Ppi claim success! 12th Feb 18 at 8:11 PM
    Just wanted to share our success in a PPI claim with First Plus, after reading others posts on their success it spurred me on to try again! :

    Having applied to first plus a few years ago and got given a flat no on a ppi claim, thought I'd try my luck again, this time through the "Resolver".

    We had an original loan with first plus back in 2000 and then increased the amount in 2004, we did get our cash back in 2009. I couldn't find the docs for the loan, we had paid it off in 2011 when we sold up and moved abroad for a few years, so I completed the details I could on the resolver site and sent a letter which I got from another post. I didn't hear anything for a while, then we had a letter to call and cnfm details as our address wasn't now the same as on our loan, both hubby and I and do it, amd we had to have higher security (their words) too.... random questions on places we lived to be honest it just seemed they were making us jump through hoops but hey ho.

    Then a week later we got a cheque each,,,,, total amount a few pounds short of 39k! Yes they paid us almost 39,000 for our ppi claim, we couldn't believe it, was expecting about 8k, this was unbelievable and surprising. Deff go for it and don't use claim companies there is absolutely no need it's so easy really.

    Thanks to all for your advice, as reading these got me to claim and be 39000 better off!
    Last edited by Lovetoad; 12-02-2018 at 8:13 PM. Reason: Typo!
Page 1
    • Millown
    • By Millown 13th Feb 18, 3:30 AM
    • 18 Posts
    • 1 Thanks
    Millown
    • #2
    • 13th Feb 18, 3:30 AM
    • #2
    • 13th Feb 18, 3:30 AM
    Lovetoad Fantastic and thanks for sharing.
    • amersall
    • By amersall 13th Feb 18, 8:17 AM
    • 15,241 Posts
    • 18,841 Thanks
    amersall
    • #3
    • 13th Feb 18, 8:17 AM
    • #3
    • 13th Feb 18, 8:17 AM
    Love a win with FP could not have happened to a nicer company

    • Lovetoad
    • By Lovetoad 13th Feb 18, 1:25 PM
    • 2 Posts
    • 3 Thanks
    Lovetoad
    • #4
    • 13th Feb 18, 1:25 PM
    • #4
    • 13th Feb 18, 1:25 PM
    Me too! Really hate that we were sucked in by them, would never do it again and shudder when I think of the feeling of dread getting those interest rate increase letters which seemed like every other month, but then would we have 39k sitting in our bank otherwise? Probably not..... but they're still snakes !
    Last edited by Lovetoad; 13-02-2018 at 1:26 PM. Reason: ..
    • Rachel729
    • By Rachel729 21st Mar 18, 9:36 PM
    • 1 Posts
    • 0 Thanks
    Rachel729
    • #5
    • 21st Mar 18, 9:36 PM
    • #5
    • 21st Mar 18, 9:36 PM
    Hi

    How did you know you had PPI? We had a loan with first plus, arranged via ocean finance. I have no paperwork but the loan was taken out in around 2005 and repaid in 2015. Just wondering if I would have had it?

    Thanks

    :
    • amersall
    • By amersall 22nd Mar 18, 7:52 AM
    • 15,241 Posts
    • 18,841 Thanks
    amersall
    • #6
    • 22nd Mar 18, 7:52 AM
    • #6
    • 22nd Mar 18, 7:52 AM
    I bet you did, this is how they make their money.
    It was single premium PPI, it was added to the loan and you repaid this over the whole term of the loan with interest, in effect a loan on the loan.

    Put a claim in citing single premium as I said above, tell them that had you known that this PPI was added to the loan over the loan term with interest, you would not have taken it as it was not fully explained to you at the point of sale to make an informed decision.

    Give them as much info as you can to see if they can find your account, they should as it was only repaid 3 years ago.

    Telephone 0161 672 7575

    Address Think Park Mosley Road Trafford Park Manchester M17 1FQ

    email contactus@oceanfinance.co.uk

    If they cannot find you, post back here and we can help with the next step as you will have to a data request for 10 to get all the info regarding this loan.

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