Thread: isoclene v picture finance

hi
i am just about to try and claim back PPI from picture finance , can anyone tell me if they have been successful.

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We are currently having our case reviewed by the fos so I will let you know the outcome when we hear anything.

Good luck!

Did you win folks? Im about to go to fos.

We are still waiting for a response from the Ombudsman but we hope to hear any day now and will keep you posted.

Good luck with your claim!

Hello chickpea and much success with your claim
aa

Hi both.
I am new to this but i am having the same problem with picture finance, just wondered if you could possibly let me know the outcome. many Thanks

The fos upheld our claim but I have since had a letter from Target who have taken on the servicing of Picture Loans to say that Picture have no funds to pay any compensation.

I have forwarded this letter to the FOS who are aware that questions are being raised about Picture's ability to meet its liabilities and that they will be back in touch when they know more about the status of the business and will then be able to comment on how it will affect our complaint.

I hope this helps although it's not the best of news.

I will update when I know more.

Just had letter this morning we have won our claim against Picture PPI. we have been awarded just short of £15,000. This is a massive boost to us as taking the decsion we did to go with Picture was the biggest mistake of our lifes!!! its nearly cost us our house and our marriage. although still stuck with loan its fantastic news to get the PPI back. So for all those out there keep at it dont give up!!!!!!:grin:

Originally Posted by linnie73

Just had letter this morning we have won our claim against Picture PPI. we have been awarded just short of £15,000. This is a massive boost to us as taking the decsion we did to go with Picture was the biggest mistake of our lifes!!! its nearly cost us our house and our marriage. although still stuck with loan its fantastic news to get the PPI back. So for all those out there keep at it dont give up!!!!!!:grin:

How long did it take to get your cheque

Originally Posted by showergirl

How long did it take to get your cheque

Sent all stuff in Dec 09 asked for more info in Jan which we sent Jan 19th got letter saying we had won on 2/2/10 an chq today 4/2/10!!!

Originally Posted by linnie73

Sent all stuff in Dec 09 asked for more info in Jan which we sent Jan 19th got letter saying we had won on 2/2/10 an chq today 4/2/10!!!

Sorry saw the other thread first. Was your loan active? also had you had any no claims.

Mine has been with them since september and is having a technical query which worries me on whether I am even going to win let alone how fast I will get the cheque.

Dont give up I am quite suprised how quick they sorted it!!! but keep at it

Originally Posted by linnie73

Sent all stuff in Dec 09 asked for more info in Jan which we sent Jan 19th got letter saying we had won on 2/2/10 an chq today 4/2/10!!!

Sent my claim in November they asked for more info in December. They are asking for more info from Picture and say I should call back at the end of the month.

I am starting to worry now

My assessor has said the same today although it sounds like its in the final stages the way she put it and so I should have completion within a month.

Theres a big thread on MSE and on that noone has been turned down it sounds like there is delays processing the information.

Originally Posted by ITDonk

My assessor has said the same today although it sounds like its in the final stages the way she put it and so I should have completion within a month.

Theres a big thread on MSE and on that noone has been turned down it sounds like there is delays processing the information.

Where is the post on MSE

I can't find anything about anyone being turned down.

What reasons did they give for being refused