Jump to content
mimitheferret

do ppi companies keep your money to gain extra interest

style="text-align:center;"> Please note that this topic has not had any new posts for the last 3649 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

hi everybody i have a claim going through with blackhorse finance and belmont thornton are dealing with my account i have recieved paperwork stating blackhorse have offered me a sum and to sign the paperwork to proceed but belmont keep putting it back 4 weeks at a time saying blackhorse have a back log...are they storing the funds to gain the interest please if anybody has had experience of this could you let me know:D

Share this post


Link to post
Share on other sites

Moved to PPI forum


Anthrax alert at debt collectors caused by box of doughnuts

 

Make sure you do not post anything which identifies you. Although we can remove certain things from the site unless it's done in a timely manner everything you post will appear in Google cache & we do not have any control over that.

 

Vir prudens non contra ventum mingit

 

[sIGPIC][/sIGPIC]

17 Port & Maritime Regiment RCT

Share this post


Link to post
Share on other sites

Hi Mimi,

 

Have not had any experience of using claims companies, though not would surprise me with those leeches.

 

Have you signed and returned the acceptance form?

 

DJ

Share this post


Link to post
Share on other sites

Mimi,

 

I am aware that most if not all companies who sold PPI are dealing with large numbers of claims, therefore it is feasible that what the claims company have told you is true.

 

I have just returned an acceptance form to barclays via the FOS and they suggest it may take up to 8 weeks to process the refund.

 

DJ

Share this post


Link to post
Share on other sites

i guys just an update i recieved a email from belmont thornton saying the claim for my ppi is nil and void due to my circumstances..i paid ppi for 2 years before losing my job so i am on a payplan with blackhorse so this has technically affected this i phoned belmont and they said because i lost my job the claim is nil and void i stated i paid 2 years worth but they advised to contact blackhorse my self

Share this post


Link to post
Share on other sites

Mimi,

 

Didn't black horse already offer you a settlement figure?

 

Looks to me like the claims company are messing you about.

 

DJ

Share this post


Link to post
Share on other sites

Mimi,

 

Didn't black horse already offer you a settlement figure?

 

Looks to me like the claims company are messing you about.

 

DJ

Share this post


Link to post
Share on other sites

yes so i phoned belmont and they stated that im behind with my payments with blackhorse..so i stated im out of work and is paying a monthly payplan agreed with blackhorse so i email balmonts manager and stated that i have a joint loan with blackhorse from which the claim is for but i am bankrupt (i put the claim in before i went bankrupt) so black horse have wiped my half of the loan off which leaves £9000 to pay from my partner from which we pay the smaller amount ..if you follow me upto now....so anyway belmont stated that black horse are taking the settle ment off the loan..but my half has been wiped so will this be taken off my partners..because you cannot take off what has already been cleard..this is really annoying

Share this post


Link to post
Share on other sites

Mimi,

 

Really confused. How can you behind on payments and be on a payment plan and have "your half of the loan written off"

 

This does not make sense.

 

DJ

Share this post


Link to post
Share on other sites

basically dj i put a ppi claim in before i went bankrupt i owed 18.000 so after being declared bankrupt they have written half the loan off. because the loan is a joint so its still half of my partners to pay £9000 with blachorse but belmont have offerd £3800 i accepted but now belmont have stated that im behind in payments with blackhorse which is wrong and i think belmont are trying to say that there going to take the £3800 off my partners account..because you cannot take £3800 off nothing because i owe nothing

Share this post


Link to post
Share on other sites

Mimi,

 

You have the right to decide how your refund is to be paid. Personally I would write to black horse and inform them that the rebate is to be paid directly to you by cheque.

 

DJ

Share this post


Link to post
Share on other sites

hi dj just got a little more confusing...when i was working i was paying £275 a month for the loan now that im not working i pay £40 but recieved a letter from blackhorse saying that i have asked to have my ppi cancelled from which i havnt so its now gone from £275 to £190.34 even though i pay 340 gettin really fed up now in a dead end

Share this post


Link to post
Share on other sites

Mimi,

 

Sorry, don't understand your last post at all.

 

DJ

Share this post


Link to post
Share on other sites

sorry about that dj well finally got a letter from blackhorse this morning they have taken the settlement off the balance..this isnt what i wanted but its better than nothing ......

Share this post


Link to post
Share on other sites

mimi,

 

You do have the right to insist this transaction is reversed and the refund paid directly to you minus any outstanding arrears.

 

Your choice really.

 

DJ

Share this post


Link to post
Share on other sites

i didnt know that ive got that fed up im just to tired to change it

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...