Thread: McCarthybaby vs Halifax cc PPI

I get £596.04 so only £20 out!!

a word of warning regarding Halifax, when I asked for my PPI back they finally offered it as the old "good will gesture" but applied simple interest to the monthly premiums, then the 8% simple on top.

This meant that the interest they worked out over 3 years worth of PPI was less than the 8% amount, couldn't work that one out

we couldn't agree so now it's gone to the fos.

I didn't really use a template letter as such, because my complaint was the lack of info in my SAR response regarding the PPI. Basically they sent nothing. As they sent no info I made a complaint and demanded the PPI back, and it just went from there really.

Have a look around this area of the forum, I'm sure there will be some letters on some of the threads, good luck!

Birch

There are template letters I will post a link...

Bank templates library

The links and template letters are mainly aimed at bank charges but you can actually use some of them in cases of PPI claims. Such as letter before action. Non Compliance with SAR etc.

PPI is a difficult baby to handle so many different issues to handle. Timescales, brokers, online forms, consumer credit agreements, terms and conditions, timescales, mortgages, loans, credit cards, pre ticked boxes online, failure by sales personnel to ensure correct questions asked on the customer needs and wants survey, employment status, alternative insurance options, pre existing medical conditions just to name a few that have come up on this forum.

Do not let me put you off with what I have posted. To date I have recovered nearly £18k and still have 5 ongoing fights for PPI reclaims and another 3 on bank charges. So chin up get into full reclaiming mode and away and get your money back.

aa

Thank you for the details you supplied to me under my Subject access request 16.10.09. I have studied all of the documents provided and it (has become apparent) is now obvious having scrutinised the documents that I was paying protection insurance on my account. Since 1999 I have been diagnosed with a pre-medical condition that would have (made me exempt from) precluded me from making a valid claim on any insurance policy. Please see attached letter from my consultant to confirm dates.

I believe that I was mis sold this (information) Payment Protection Insurance as your sales person made no enquiries (unto) with regard to my medical history, past or present at that time. If they had it would have been (apparent) glaringly obvious to them that I would not have met the criteria to make a valid claim and therefore I would have been ineligible to receive the cover I was being charged for
.
I now believe that the premium PPI policy attached to my account was extremely unfair and totally unreasonable and offered me very little, if any protection value whatsoever. I am therefore requesting a full refund of monies that have been paid and the interest added to these payments at the rate of 17.9% as per your terms and conditions.

Furthermore as I believe that I have unlawfully been deprived of this money, I also expect the repayment of the interest at the statutory interest rate of 8% applicable to each of the payments made.

I have included a list of all payment amounts and dates below for your perusal. I have also added on the contractual interest on to each payment amount and then the statutory rate. Therefore I am asking for a refund to the sum of £596.04.

I have tweaked for your consideration. You may wish to change the red to blue but at the end of the day it is your letter.

Good luck anyway.

aa