EGG PPI claim won, but no redress

[Fatty Jr]

Well, I finally won a case against EGG for the PPI they sold me on my EGG loan. They are still refusing to accept my claim on my EGG card even tho they were both together:mad2:

 

I got a letter today stating I have won and a full breakdown of costs. Well I am entitled to £934 compensation but because I claim on the PPI, I am entitled to nothing.

 

Is this correct or should I challenge this for the simple reason I am getting nothing for being mis-sold and mis-lead on the PPI.

 

If you want to see a copy of the letter, I'll scan it in minus my details

[rebel11]

Thread moved.

[ims21]

Hi FJ

 

If I read this right it is the loan that they have agreed the claim for?

 

If so you should expect to get each ppi payment you made (inc the rlevant loan interest) plus a further 8% Stat and then minus the amount of any claims paid out under the policy.

 

Regards

 

ims

[Fatty Jr]

Sorry about the posting in the wrong place. Here is a copy of the letter I received. I can understand where they are coming from regarding repayment, but I should be entitled to the interest on the policy cost that should have been in my account

 

[ims21]

Hi

 

Link not valid...can you post it up as a PDF as jpg are usually too small to read?

 

Thanks

 

ims

[Fatty Jr]

Not sure how to insert a PDF file for you to view

[ims21]

Hi

 

scan the required letters/agreements/sheets

as a picture file

remove all pers info inc barcodes etc using paint

but leave all figures and dates.

goto one of the many free online pdf converter websites

convert the image to pdf format.

or ir you have PDF as an installed printer drive use that

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

NB:you can set where it goes in the post by hitting insert inline.

then hit reply button

 

Regards

 

ims

[Fatty Jr]

egg_edit.pdfHopefully this is working now

[ims21]

Hi

 

Ok can see it now.

 

Assuming the ppi premium is correct then their maths appears to be OK. They have paid you back the premium plus the contractual interest plus the 8% statutory interest as compensation. This is what fos would award.

 

You appear to have made claims on the policy and this has paid out in excess of £4,000 which wipes out what you were due back for the mis-sold poolicy.

 

Fos sometimes award a couple of hundred compensation but never a huge amount so I think what you have shown us is about right.

 

Crack on with the credit card claim though.

 

Regards

 

ims