dx100uk -v-HFC Acount 1a PPI Reclaim *****WON*****

**dx100uk** · 11th January 2009 16:13

what is the score with reclaiming PPI icon

on an existing HFC loan [typical 2005 agreement where box is already ticked on my agreement]
is there still the mass claim going on?
cannot find the thread or details anymore.

thanks

dx

Similar Threads:

**pompeyfaith** · 11th January 2009 17:40

Hiya DX Welcome back i remember you helping me out with bank charges.

If you go to the stickys at the top of the PPI icon

forum there is wealth of information there to get you on the road.

If you have a copy of your agreement all well and good if not you will need to get a copy of this from the lender.

To do this you need to send of a S.A.R letter enclosing the statutory £10 fee.

May be a good idea also to browse around the ppi forum and read other threads as it will give you a good idea of what is involved.

Regards

Pompeyfaith

**dx100uk** · 11th January 2009 18:16

yep still around
no, i've got all the original paperwork
i just remember somewhere there was a thread or 'someone/body' that was getting up a mass complaint or WHY.

but if its back to individuals doing it, then i should be able to deal.
i did have a good look around, but came up dead.

still looking

dx

**pompeyfaith** · 11th January 2009 20:02

Cant say Ive heard of a mass complaint about PPI icon

although I believe Bankfodder is doing one to the fos icon

regarding the behavior of DCA icon

's

Regards

Pompeyfaith

**groovycaz** · 12th January 2009 21:54

[quote=dx100uk;1911504]yep still around
no, i've got all the original paperwork
i just remember somewhere there was a thread or 'someone/body' that was getting up a mass complaint or WHY.

I was contacted through the forum from solicitor who were gathering information against HFC and missold PPI icon

,and looking to launch a mass complaint pre2005, however nothing ever came of it...I'm in the same boat with HFC although cant seem to find many success yet..Gc

**dx100uk** · 12th January 2009 22:00

ah that sounds like it
p'haps the thread has been removed, ithink it was on a sticky too.

dx

**pompeyfaith** · 12th January 2009 22:33

DX if your agreement is dated between 2005 and 2007 you will have no problem claiming PPI icon

as they have already been find by the FSA.

BBC NEWS | Business | HFC Bank fined £1m over insurance

Regards

Pompeyfaith

**dx100uk** · 13th January 2009 02:02

itmost certainly is:

and

**dx100uk** · 26th January 2009 15:16

i have today sent this letter:

I have been a customer with you for more than 20yrs & I am saddened to recently discover, through advice given to me by a financial adviser, that you have consistently & dishonestly sold me unnecessary Payment Protection Insurance on more than one occasion in association to personal loans taken out with your Company.
I now wish you to investigate my complaints as detailed below in accordance with your normal complaint procedures.
With Ref to A/C numbers:
************ pre 1993
************ Nov 1993
************ May 2004
************ April 2005 to today

Please note than prior to 1994 I resided at *********************.
I sight the following reasons that I wish you to consider with regard to my complaint:
I have worked for local Govt in same est since 1982 and through their scheme I will get paid if long term sick, it was never explained to me that effectively, this made your PPI icon

totally unnecessary.
I was always made to believe taking your PPI would assist me in getting the loan approved & that i would not receive such a good rate of interest icon

if i did not agree to the PPI being included.
In particular, I make ref to those premiums associated to A/C’s ***************
When I took out an additional loan **************] before my previous loan [***********] was completed. The outstanding balance of ************ [some £1970.37] was deducted from **********, this included existing PPI with the added front loaded interest. This balance then had additional interest charged on it from the new load & I was further instructed to take out a new PPI for *********, this I would need to do or l would not get approval as my loan had been cleared early.

If my complaint is upheld, I require a full refund of all premiums paid on the loan policies listed above, this shall include the additional interest charged to me on a monthly rate as a result of the front loading practice of your PPI scheme.
I also claim the 8% statutory compensation in view of the fact that I have been deprived of the use of this money.
With regard to my current business with your Company, should my complaint be upheld, I require you to deduct the aforementioned sums from *********** and inform me of the balance required for early closure as i no longer wish to bank with you.
Please now investigate my complaint within the eight weeks allowed to you.

Yours faithfully

dx100uk

**galaxygirl2009** · 29th January 2009 20:17

We too had all our paperwork and sent them the obligatory letter off on 9th Jan and got a rely back on 20th saying they would refund us our full PPI icon

policy and interest icon

- they advised 6-8 weeks for refund to be processed and issued. Not too bad for a price of a registered letter - not having much luck with most of the others I sent off but they do include the dreaded First Plus. Good luck with your claim!

**dx100uk** · 27th April 2009 02:11

well time for an update.

just looked on my bank A/C and the DD for HFC has dropped to without PPI icon

payment level, so looks like they have coughed!!!

so i should be getting approx £60PCM dating back to apr 2005 taken of my loan with them.
anyone give me an idea of the figure i should be looking at please? cant get my head around the ppi calculator.
as in my letter above i have asked for the int + the stat 8% on top so should be a pretty sum.

as for the earlier loans , i have already had an offer of <50% on one from 2004, but that was their calc error so things are moving on.

dx

**dx100uk** · 17th August 2009 01:17

now in relation to the image in post 8 [edit said 3!]

i have heard nothing on this other than we are investigaing,. 3 letters now.
they dropped the payment [thus excluding the PPI icon

] in apr 2009 but have not had the refund.

now going back over my CRA files back till 2005 the PPI has never shown in the total loan balance, i'e from 1st cra record the loan was only 15k, [not 21k]

weird , so i prob wont get back what i could of been expecting as from the agreement in post 3 if i am right it has not had int adding to it monthly.

so its just £41.45 may 05 - mar 09 + 8%. = £2059.23

can someone confirm my thoughts??

dx

**crampers** · 17th August 2009 15:32

The mass claim was dropped due to a conflict of interests by the Solicitors, never found out what the conflict was

**dx100uk** · 2nd November 2009 02:49

.....

**groovycaz** · 2nd November 2009 22:44

Hi,
I paid upfront PPI icon

£1200 with £813 interest icon

, they have offered to refund me £1200 PPI plus PPI interest paid £579.51 minus £275,63 cash rebate for early repayment plus 8% interest £514.16.

Dont yet know which date they are calculating the interest from, I believe it should be from day 1 and not from when I complained

The fos icon

told me that the interest is calculated on a daily basis and very complicated.

They are looking at a shortfall of £184 extra interest charged before they decide how much I'm entitled to be refunded..Gc

**alanalana** · 3rd November 2009 22:38

Originally Posted by groovycaz

Hi,
I paid upfront PPI icon

£1200 with £813 interest icon

, they have offered to refund me £1200 PPI plus PPI interest paid £579.51 minus £275,63 cash rebate for early repayment plus 8% interest £514.16.

Dont yet know which date they are calculating the interest from, I believe it should be from day 1 and not from when I complained

The fos icon

told me that the interest is calculated on a daily basis and very complicated.

They are looking at a shortfall of £184 extra interest charged before they decide how much I'm entitled to be refunded..Gc

Yes the interest at 8% should be from day one until they settle.

DX unable to read your post 14.

You should go after HFC please see this link. Apologies if you are already aware..

FSA fines HFC Bank £1.085 million for PPI failings

aa

**dx100uk** · 4th November 2009 00:06

post 14 updated

dx

**alanalana** · 4th November 2009 00:36

Originally Posted by dx100uk

post 14 updated

dx

I have read quickly the post 14.

IMO you should now go back and fight tooth and nail especially if your loan was within the dates mentioned in my earlier post.

**dx100uk** · 4th November 2009 00:58

Originally Posted by alanalana

I have read quickly the post 14.

IMO you should now go back and fight tooth and nail especially if your loan was within the dates mentioned in my earlier post.

most certainly is see top image post 14.

my concerns are [on the other loans that i have agreements for and bank statements of payment etc] they made their final decisions not to repay PPI icon

as they have distroyed the paperwork etc etc on may 7th this year
my 6mts to take them to the FOC icon

is about to run out.

with the loan above, that i am seeking settlement figure , does the figure [regardless of the ppi reclaim on it look correct]

i think they are wrong.

dx

**alanalana** · 4th November 2009 22:11

Originally Posted by dx100uk

most certainly is see top image post 14.

my concerns are [on the other loans that i have agreements for and bank statements of payment etc] they made their final decisions not to repay PPI icon

as they have distroyed the paperwork etc etc on may 7th this year
my 6mts to take them to the FOC icon

is about to run out.

with the loan above, that i am seeking settlement figure , does the figure [regardless of the ppi reclaim on it look correct]

i think they are wrong.

dx

I am not a person good with figures, but I would suggest you should send an acceptance with the proviso it is a part acceptance only and that you would intend to pursue any additional moneys that may be due on your claim for mis-selling. This I only advise as you state time is running out. You can accept but then go back and ask for them to produce all the relevant paperwork showing how they arrived at the settlement figures.

aa

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