Barclaycard PPI-Denied as ppi was taken out prior to 2001!!!!

[citizenB]

Excellent news, candyapple. Have fun with your spreadsheet, just yell if you need any help

[candyapple1]

Thanks Citizen B.

 

Here is the spreadsheet just from known statements from 2001.

 

Could you have a quick look for me?

 

Am pretty sure they are correct.

 

Interesting to see how just that period id only 2000 less than entire BC offer.

 

Plus, in their offer, from Jan 2001 back they went down,

 

as I said I have prrof (from them!) that it went up to 7424.

 

I can pinpoint that timeline by the manual credit limit increases we requested.

 

I am going to estimate card usage from 1994 to 2000, using all that info, and let's see what we get! Hee hee, am starting to enjoy this now

 

[ATTACH]42498[/ATTACH]

[dx100uk]

so for the whole timeline of that spready you have ALL the statements?

 

dx

[candyapple1]

Yes, from Jan 2001 through to current, I have ALL those statements, all the spending, payments and PPI amounts are taken directly from statements. So now I have to guestimate working backwards, using known highest balance and requested credit limit increases. Will be rough, obviously, but gives me a better indication. Basically, what it does tell me is that BC are saying that from May 1994 through to Dec 2000, PPI payments came to 1464.10 - so average of 18 pounds a month-think not. From Jan 2001, it will go up until about early 1999, where it would have been 7424, and then work its way down again! Does the spreadsheet look ok?

[citizenB]

CA, I see dx is already on the thread, he and ims21 will be your best bet for checking the spready for you.

[ims21]

It looks ok to me.

 

Nothing more to add really

[candyapple1]

OK, here is my redress offer estimate. Dates highlighted in yellow are all guestimates, I admit very roughly worked out, but I have also attached PDF of my justification for the balance amounts. Please have a look and let me know if you think my reasoning makes sense, or have I just gone crazy looking at too many spreadsheets for over a year!!!!

[citizenB]

Looks good to me - you had a an increase to £8,200 in 1998 so am assuming the highest balance would have been at that time, which is what you appear to have worked out for yourself.

[candyapple1]

sent off paperwork over a month ago,

no response,

rang today,

got a whole load of useless info I knew.

 

They said could not recalculate if no statements for period.

 

I asked how they had calculated for the missing dates between 1994 to Dec 2000.

 

The supervisor I spoke to today said they take the last two known statements, average out the PPI on those,

and use that amount (not what I was told last time!)

 

However, if you look at my spready, the last two known PPI payments are both 36.95,

so then it should be 36.95 from May 1994 to Dec 2000

-worked that out and it came to over 50,000 for the entire card, when they paid 11,000.

 

Best bit was,

when I said well that should be 36.95 per month,

he said he couldn't confirm that,

as they may have earlier statements in the calculations office.

To which I replied, well, that would be interesting as you have already tried to hide a heap of statements from us already!!!!

 

So either, those are the only statements they have, which means our pay out should have been a heck of a lot more, or they have to admit to witholding more info!!!!!!

 

Can anyone shed more light on this?

Anyone had an offer which included missing period, and was told how it had been calculated?

[dx100uk]

yrs we've seen this last two known payments method with BC before.

 

though I think its a decreasing to £0 at start though.

 

dx

[candyapple1]

Sorry dx, not sure what you are saying, are they using the average, or decrasing down to zero?

[dx100uk]

decreasing I thinkj

 

yhough the other one here that mentions it

the last two statements are £0!!

 

so for the previous 6yrs

BC are sayting they owe NOWT!!

 

haha

 

cant find it but its here somewhere.

 

dx

[anney63]

I have gone to FOS with mine got tired pof showing them how it should be

[candyapple1]

Me too Annie, straight back to FOS, already spoke to a supervisor there, so they will be looking at it this week

[anney63]

Really when did you send it in ??