Really confused over reclaiming PPI

[AngR]

Help required as I am so confused!!!

Took out a loan in November 2001 with Egg for £15000 and started 60 monthly payments on 12th December of £380.30

(due to moving house)

I had been employed with an NHS trust since 1987 and received 12 months benefits package but was made to take PPI as they said I could not have the loan without it.

 

Little extra cash on moving and paid off £14000 to loan on 15th February 2002 which egg recalculated and continued the £380.30 monthly payments but bought the completion date forward to January 2003 instead of 2006.

Restructured this loan to pay off remaining balance of £807.57 on 15th March 2002 for a 12 month period

 

So basically this loan was paid off in 16 months all told. I had paid the full amount of PPI which they never cancelled or gave me a rebate.

I have put a claim into egg on 23rd May but even then did not understand what I needed to do properly.

Please please help...

What should I be claiming? Do I likely have a case? how do I work any amount I am owed with the length of time and restructuring.

Thank you guys in anticipation of some help

[dx100uk]

yes you have a good claim

and appear to have all the paperwork too.

 

have a read of no.1. below

 

should become clearer.

 

shout if you need anything further

 

dx

[citizenB]

I will find someone who can explain what you need to do

 

No I wont, cos he already found you

[AngR]

Thank you

will try to get my head around it again

[Bombaymix]

I can't offer any advise myself. But just wanted to assure you that you've come to the right place.

 

Some fantastic folk here who will talk you through it all.

 

I've been assisted here with 2 separate (successful) PPI reclaims and still receiving further assistance with a CC charges reclaim.

 

I too was overwhelmed by it all and didn't know where to start.

 

You'll get the advise you need here which will hopefully lead to the money you're owed being repaid

 

Regards

 

BM

[AngR]

I have had a response back from Egg and an offer for £6000 made...with the help of the site I think this is reasonable.

 

I appreciate all the help and advice that can be found on the site from everyone.

 

Will wait now for Lloyd s and Alliance and Leicester claims to answer now

 

Lloyd s have already tried to deny I had PPI on 2 of my accounts despite them already confirming that I did have it and having paperwork

Thank you