PPI Successes [NO QUESTIONS or EXPLANATIONS PLEASE] - just Bank/How Much with a link to your thread.

[alanalana]

Hi All

 

I took out an FP loan for £56,000 of which £8,000 was PPI. After writing to FP outlining reasons for mis-selling they eventually offered me £2,693 compensation. I declined the "fob off" money and lodged paperwork with the Financial Ombudsman. That was in march 09. When I spoke to the caseworker he said that they had contacted FP to obtain details but they had received no response to thrit requests. In view of this my case was passed to the adjudicator for a decision.

 

I heard today that the adjudicator has confirmed that PPI should be repaid (claim also includes interest and 8% stat interest). FP have now got a month to respond/appeal to the ombudsman.

 

I'm still holding my breath as FP failed to repsond to the FOS previously but I would imagine that a letter to them informing them to repay will actually get some kind of response.

 

it has taken a while for me to arrive at this decision and I am still not convinced that FP will pay up - particularly all that should be refunded taking into account the early settlement but thought it might give everyone some idea of the timescale for my case to take this route.

 

Optimistic but not overly confident. Good luck to everyone else seeking resolution and never give in against this lot.

 

JC:smile:

 

Looking promising please post again when the money is in your wallet:D

 

aa

[royalscot]

Hello im new to this site and Ive been reading with great interest over the last few days . I believe i was ripped off by the Bank of Scotland on several loans about five or six years ago , the loans culminated into a combined loan of over £14,000 . I ran into difficulties and they settled for £9000 . It has left me with ill feeling towards the bank because i feel i was forced into taking the last loan because i was behind with my payments and if my memory is correct i think i was sold ppi along with the loans at some point or other . Can anyone put me on the right road as to how i go about finding out if i am elligible for some kind of refund if i indeed did have ppi , this is my first post so please accept my appologies if it is worded wrong , thanks

[alanalana]

Hello im new to this site and Ive been reading with great interest over the last few days . I believe i was ripped off by the Bank of Scotland on several loans about five or six years ago , the loans culminated into a combined loan of over £14,000 . I ran into difficulties and they settled for £9000 . It has left me with ill feeling towards the bank because i feel i was forced into taking the last loan because i was behind with my payments and if my memory is correct i think i was sold ppi along with the loans at some point or other . Can anyone put me on the right road as to how i go about finding out if i am elligible for some kind of refund if i indeed did have ppi , this is my first post so please accept my appologies if it is worded wrong , thanks

 

You are posting in the wrong area my friend.

 

Please start your own thread

 

Just click here and give it a name that you will remember then save into your favourites.

 

http://www.consumeractiongroup.co.uk/forum/newthread.php?do=newthread&f=111

[Mullio]

It's well worth the wait and the letter writing. I just got back just short of £2000 from a Citi Financial Europe loan I'd recently paid off.

 

Stick at it!

[violethill]

hi iv just had my wecome ppi claim upheld by the fos they av to pay all ppi plus interest and charges and 8% plus 200 compensation they say it may take up to 8 weeks to pay out ,does anyone know if they do take the full 8 weeks as they have to pay interest up to the date of payout .as anyone had success this way with welcome ,were they straight forward or did they mess them about

[alanalana]

hi iv just had my wecome ppi claim upheld by the fos they av to pay all ppi plus interest and charges and 8% plus 200 compensation they say it may take up to 8 weeks to pay out ,does anyone know if they do take the full 8 weeks as they have to pay interest up to the date of payout .as anyone had success this way with welcome ,were they straight forward or did they mess them about

 

Believe me they will no doubt hang on for the full 8 weeks. If you get no repayment go back to the FOS.

 

I think they will pay the 8% up until settlement is agreed not necessarily up to the date of payment.

 

A win is a win

 

Well done

 

aa

 

Do you have a link to your thread so I can edit the title to add a **WON**

[violethill]

my letter of the fos definately states to date of payout i know a win is great but i won,t feel it til it,s in my bank as it seems welcome maybe on their way out you know wat i mean:wink:

[alanalana]

my letter of the fos definately states to date of payout i know a win is great but i won,t feel it til it,s in my bank as it seems welcome maybe on their way out you know wat i mean:wink:

 

sure when you have the money is better keep at them

 

aa

[crampers]

Re Violet Hill Welcome PPI.

 

Well done my claim with Welcome is now going for 2 1/2 years, first with Welcome, then FOS who said they didnt cover it and now with solicitors for the past 18 months .

 

Dont know who is worse Welcome or the Solicitors .

[violethill]

wat reason did the fos give for not covering it,i had to wait 14months as shortage of ajudacaters but they were pretty straight forward.

[crampers]

Claim was for a 2004 case and they said they didn't cover it ,subsequently they did write to me about six months later and asked me to send details as they said they may cover it by which times it was with the solicitors

[violethill]

do you pay for the solicitor? i.d get all the evidence together and try the fos again wat can it hurt, i can only go by my case and i feel they treat it fairly it.s your call maybe someone else with more exp will help on cag if your fed up of the solicitor then thats your answer:wink:

[crampers]

Yes paid for solicitor ,unfortunately its well past the six months since welcomes final response so the FOS will not look at it .

[violethill]

maybe you should look under threads that are for reclaiming ppi from welcome tell them your case and someone better informed will help you or start a new thread if you know how there are alot of helpfull people on them good luck

[bulldogoscar]

Got my offer letter fROm A&L for ppi on a loan.

Paying back all ppi payments plus 8% interest....£531

Not bad for ringing them up and complaining,didnt even cost the price of a stamp.

[Onslowette]

Hi, Sent one letter to RBS. Received letter back, saying not admitting liabilty but as goodwill gesture etc etc. Got all money back paid todate and loan repayments being adjusted. Just waiting for refund £ to go into account.....anyone know how long that will take. Sent the signed acceptance back on tues.

Thanks for everyones help!

[alanalana]

Hi, Sent one letter to RBS. Received letter back, saying not admitting liabilty but as goodwill gesture etc etc. Got all money back paid todate and loan repayments being adjusted. Just waiting for refund £ to go into account.....anyone know how long that will take. Sent the signed acceptance back on tues.

Thanks for everyones help!

 

Not sure but you can bet they will take a while to refund you

[pompeyfaith]

I can never understand why they take so long because surely the longer they take the more it is costing them in interest and this has got to be a bad use of money specially if the babk is owned or part owned by the tax payer.

 

PF

[dec22]

Hi, Sent one letter to RBS. Received letter back, saying not admitting liabilty but as goodwill gesture etc etc. Got all money back paid todate and loan repayments being adjusted. Just waiting for refund £ to go into account.....anyone know how long that will take. Sent the signed acceptance back on tues.

Thanks for everyones help!

 

Both my husband and my son had refunds earlier this month from RBS. My son had his credited in 2 weeks but my husband's took nearly 4, which was the timeframe stated on the RBS acceptance form.

 

Good luck!!

[Onslowette]

Just to give an update on my post of 2nd aug. The RBS money went into the account yest, so took them about 10days.

[Sammythebest]

Just to let you know I have received another £1.5k off the Halifax for PPI charges incl.compensation and interest. Now received 4K back off them.

Must say they have not disputed in either case.

[alanalana]

Well done

[ceri09]

hey iam new 2 this site but have looked apon it 4 advice a few times,

this is the situation iam in and was really hoping some1 could help me:-)

 

After being miss sold ppi on my credit card,for the last 5years.

i wrote a letter of complaint barclaycard,for a refund.

after a letter back from barclaycard,saying i have investigated this matter and would like to share my findings... theres a lack od evidence supporting my claim but i will offer u the value of the payment protection premiums + 8% interest,i was over the moon,finally i can actually get my money back that they have been ripping me off,

but as of 2day iam less than impressed and just dont know what to do next..

2day they sent me a letter saying thanx for the responce and the amount has been refunded to my barclaycard account,

how can they get away with this?and is there anyway i can get my money they have been taking off me back in my hands?

any help would be great right now,

and if anyone else has had the same done.

[steven4064]

Hi ceri09

 

Welcome to CAG

 

You could write and tell them you want a cheque not having the money paid into your BC account. Does it put your account in credit?

[beachcomber60]

Hi Ceri09 & Steven,

 

I have also just received a ppi letter from barclaycard admitting mis selling, they also stated that they're policy is to return the account to where it would have been (financially) had ppi not been taken. In my case they offered just the refund of premiums + 8% interest on that total.

 

Of course this doesnt go anywhere near putting the account to where it would have been had ppi not been applied, so it has been flatly rejected, they would have seen me off for about £5k had I accepted.

 

Beachy