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Pinky69

Picture Loans and the FSCS

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Anyone had any reply to PPI claim against Picture yet or are the FsCS still just sitting on them?

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do you mean the FOS?


.

FSA Waiver on Bank Charges:http://www.fsa.gov.uk/pages/Doing/Regulated/Notify/Waiver/pdf/dir_quart_0709.pdf

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Anyone had any reply to PPI claim against Picture yet or are the FsCS still just sitting on them?

 

This is an old link but may help you make a claim.

 

Home - Consumer home page - Latest News - 2008 - August - Picture Financial Services Plc


I have no legal training and the advice I offer is a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner.

------------------------------------------------

Bank charge successes:

Halifax - Full settlement incl interest.

HSBC - Settlement, goodwill no admission of liability about 75% of claim.

RBS - Settlement, goodwill no admission of liability about 70% of claim.

2 ongoing claims for bank charges with HSBC with more to come. (Supreme Court ruling could have upset these claims) They did :mad:

PPI Successes

PPI 4 settlements on 9 loans. FOS involvement on 7 added on the 8 % Statutory interest another 30% to both.

2 claims settled in full with LV without FOS involvement.

2 claims settled in full with HSBC without FOS involvement

 

PPI Claims ongoing with:

Cap one Now with the FOS

Barclays. Paid up today 24/04/10 cheque received for over £4,500 and in the bank.

LTSB still have to decide on this as their SAR production was abysmal. Papers data mixed up documents missing etc

 

1 Complaint not upheld by FOS they said it was ICO issue. Complaint upheld by ICO. See this..

Post 290 from

***RBS PPI Claim Long fight but, WON***

 

Please do not PM me for advice as it may be sometime before I can respond.

 

Keep at them. Do not give way and do not accept all they tell you, they will delay and stall for as long as they can to prevent repaying you your mis-sold PPI.

 

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Hi Pinky, word is that Picture may be declared in Default in the next 3 to 5 weeks. None of us who have a claim with the FSCS against Picture are holding our breath though !


Any opinion I give is my own and given without

any liability.

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Thank you alan - the claim goes off on Monday. We will hope they WILL default them soon pink - some of you had a long wait. I sent for the forms in February and got a letter yesterday from the FSCS telling me to get my PPI against Picture in now. I don't know if that is a standard template or a sign they are now moving.

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Hi fellow PPI miss-sell-ees

 

Happy to say that Picture have finally been declared in Default by the FSCS!!! This happened with effect 06/07/09 however, only found out today as I've just called them (they've yet to update their website).

 

They've outsourced the Picture cases to Delloitte so we should all hear something soon.

 

GOOD LUCK!

 

:)

Edited by Smalley2009
Typing error

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Thank you Smalley - that's great news! Here's hoping for all of us!:D

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I spoke to FSCS this morning and it could take up to six months for payment - so the cheque is not imminent on the mat but surely it is coming!!!

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Good news for all of us that have been waiting over a year

 

Article

 

read it and start praying!!!

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Thanks for the article allan48, here's hoping I'm among the first payments:D


Any opinion I give is my own and given without

any liability.

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Great news. I expect people who have cleared their loans will get a payment direct to them. I am wondering if those who are still paying loans will have the money credited to the loan. It's supposed to put you back as if the PPI had never been sold.

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All payments should come direct to people, at least the ppi already paid and the rest should be taken off the loan. I hope thats what happens, why should Picture receive the money? Arrears may come into it but apart from that....


Any opinion I give is my own and given without

any liability.

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Anyone else had their letter from Deloitte to say their claim will be processed shortly?


Any opinion I give is my own and given without

any liability.

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Not yet. Maybe it is done in date order. When did you make your claim pink?

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August 2008


Any opinion I give is my own and given without

any liability.

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Hang in there the Force (FSCS) is with you. I hope you all get your cash back soon.

 

aa


I have no legal training and the advice I offer is a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner.

------------------------------------------------

Bank charge successes:

Halifax - Full settlement incl interest.

HSBC - Settlement, goodwill no admission of liability about 75% of claim.

RBS - Settlement, goodwill no admission of liability about 70% of claim.

2 ongoing claims for bank charges with HSBC with more to come. (Supreme Court ruling could have upset these claims) They did :mad:

PPI Successes

PPI 4 settlements on 9 loans. FOS involvement on 7 added on the 8 % Statutory interest another 30% to both.

2 claims settled in full with LV without FOS involvement.

2 claims settled in full with HSBC without FOS involvement

 

PPI Claims ongoing with:

Cap one Now with the FOS

Barclays. Paid up today 24/04/10 cheque received for over £4,500 and in the bank.

LTSB still have to decide on this as their SAR production was abysmal. Papers data mixed up documents missing etc

 

1 Complaint not upheld by FOS they said it was ICO issue. Complaint upheld by ICO. See this..

Post 290 from

***RBS PPI Claim Long fight but, WON***

 

Please do not PM me for advice as it may be sometime before I can respond.

 

Keep at them. Do not give way and do not accept all they tell you, they will delay and stall for as long as they can to prevent repaying you your mis-sold PPI.

 

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Thanks aa


Any opinion I give is my own and given without

any liability.

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Letter received from Delloite on Saturday. Heard that some claims will be sorted within 2 months! heres hoping

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hi all

 

just a query , ive had picture consolidation loan nearly 3 years now and am due to receive a payout for not having been in arrears the 1st 3 years

 

am i able to make a claim for ppi mis selling as i hadnt a clue what i was agreeing to at the time as my head was in a total mess and im still non the wiser

 

shall i wait to receive this payment in october before i pursue any claim for ppi ??

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If you believe you were mis sold go for it. It makes no difference if you receive your payout or not you just have to let the FSCS know if you have had a refund when you fill out their claim form.


Any opinion I give is my own and given without

any liability.

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hi all

 

just a query , ive had picture consolidation loan nearly 3 years now and am due to receive a payout for not having been in arrears the 1st 3 years

 

am i able to make a claim for ppi mis selling as i hadnt a clue what i was agreeing to at the time as my head was in a total mess and im still non the wiser

 

shall i wait to receive this payment in october before i pursue any claim for ppi ??

 

Hi, I have received a payout already and I am claiming mis-selling as well

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hi

 

can you help me with a letter etc regarding mis selling of ppi with picture finance ...

 

who do i send this too etc and any specific points to mention

 

many thanks

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hi

 

can you help me with a letter etc regarding mis selling of ppi with picture finance ...

 

who do i send this too etc and any specific points to mention

 

many thanks

 

I will try and send you a copy of my letter/claim asap

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steve76, you need to contact the FSCS so they can send you a claim form to fill in.


Any opinion I give is my own and given without

any liability.

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I will try and send you a copy of my letter/claim asap

 

 

hi again

 

thank you for your help . much appreciated

 

im not sure if i should wait until i receive the payment in october before i start rocking the boat making claim for PPI ? ... or am i entitled to do both

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