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

[steven4064]

To put the account where it would have been means at least that they repay the premium payments and the interest charged on them.

 

You could also argue that to truly put things back where they would have been, they should also repay you the money you would have had to have shelld out to borrow the money to pay the premium payments and interest or the amount of money they have made in profit in keeping the premium payments and interet for as long as they have (principle of restitution)

[ceri09]

hello steve and beachcomber60,

thank you for your reply's and iam also glad iam not the only 1 bc have tried doing this to,

the answer to the question is no this doesnt bring the account in credit,

am i in my right to write to bc and request a cheque rather then it b paid towards my bc?

 

also i always asumed,correct me if iam wrong,but a refund is given back to the customer not back to the company???

[steven4064]

BUt if they have paid it into youe BC account they have paid it back to you because it has gone to reduce your balance

[ceri09]

yeah true thats what they said on the phone,

but i would of liked to have made up my mind what to have done with my money,if that makes sense

[alanalana]

Hello ceri,

 

sorry you are disapointed but they can do this if the account is in arrears they can offset the arrears with the PPI refund. At least it will have reduced the amount you owe which should help cut down future interest on the amount.

[pecky1]

RBS paid up after 2weeks of writing letter to them regarding ppi on a loan that was over six years old. No quibbles just recieved a cheque today for the full amount plus interest £2xxx will be making donation to this wonderfull site as soon as cheque is cleared.

Thanks

Pecky1

[alanalana]

Well done:D

 

the more posts on this thread the better. Enjoy your win and thanks for posting it up.

[fedupwithitall]

Hi all

 

I won my pre 2004 loan claim against Black Horse. They have told me that I will get back the amount of the PPI plus interest and simple interest. Also my monthly loan repayments will go back to what they would have been without the PPI.

 

I am now waiting for my money back. They said 3-4, (2 to go), and when I asked if the money was being paid directly back to me, I was told, that it would be, because my account was not in arrears.

 

My first letter was sent in May, so I am glad it will soon be over.

 

FUWIA

[alanalana]

Let me know when you have your money back in your hand and I will stick a great big won on your thread title.

 

aa

[fedupwithitall]

Hi aa

 

Do I sense a hint of skepticism?? if so I know what you mean. I keep thinking it's too good to be true, but I have had a letter from them saying that they will pay the amount of the PPI with all interests. I sent an acceptance letter back subject to them giving me a break down of how they have come to the payment. I have also had to conversations with them, recorded the name of the person I spoke to, the date and time of the call, should they go back on their word.

 

As soon as I hear more, I will let you know, so that hopefully you can slap that WIN across my post.

 

Thanks for your time, help, and advice during this stressful time.

 

Regards

[HFwho?]

im new to this part of the forum and would just like to know a few things about claiming ppi back. i have had two loans in the past 6 years with welcome finance and was told at the time i had to take out the payment protection other wise they were unable to give me the loan is that right? i borrowed 1500 each time and ended up paying back about 4000 on each loan back. most of this was ppi would i have a case to claim this back even though i paid the loans off? i also have a car which im paying 240 a month on thankfully ends this month which i have been paying for 4 years the car was worth 7000 when bought so i have paid 11500 back on that which im not totally sure if it has ppi on it. i can remember at the time that i had to take extra something or again would not get the finance. the previous car before that was also the same scenario but paying 230 a month over 4 years on a car for 5000. that was also with welcome finance. the thing with this one was i had ppi and the car got written off after 3 years into the loan. i got 1500 insurance for the car but still had to pay around 2000 even after taking off the 1500 insurance i got for the car. do i have a claim with any of these? if i could i think amount would be 1000s.

[alanalana]

Just to keep things straight and uncomplicated, please start your own thread in the PPI forum. You can do this by clicking on this link, add a suitable title and away you go.

 

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

[landy_alert]

Hi everyone:)

 

Mr L has just had a letter from BOS re: an old Sainsbury's loan (repaid early a couple of years back) - as he is a 'valued customer' they are willing to pay him back an amount that will put him in the position he would have been in if he had never had the PPI. They are not admitting liability (of course) and have not said how much he will be getting yet, but payment has been promised within the next month:D

 

This has taken some six letters - although this was mainly because of some confusion between their departments - and about three months. No need for the FOS on this one either:)

 

Will update the relevant thread in a mo.

 

Thanks for all help received with this!

 

Regards,

 

Landy x

[pompeyfaith]

Landy just picked up this message of yours via email to my phone so just had to login to congratulate you so a very WELL DONE it has brightened my day PFx

[pecky1]

More update from RBS another letter after paying back the loan amount. They will be sending a nother chq for the 8% interest which is nearly a grand . Moral of the story never give up. Good luck to everyone on claiming PPI back.

Pecky1

[landy_alert]

Landy just picked up this message of yours via email to my phone so just had to login to congratulate you so a very WELL DONE it has brightened my day PFx

 

PF a really big THANK YOU goes to you - I couldn't have done anything like this without your help over the last few months:D

 

Regards,

 

Landy x

[PPIMUG]

I posted a month ago as the FOS had just upheld my complaint against Firstplus for mis sold PPI. FP did not respond to any correspondence form FOS so complaint upheld based on my info. They were given one month to respond and have now done so agreeing to repay PPI etc as "gesture of goodwill" but as with many others have refused to pay the compensation element. I am considering whether to go back to the ombudsman but would be interested to hear from anyone who has had received monies back from FP and how long it took them to pay up after reaching this stage.

 

I've been told 8 - 12 weeks but this seems an unnecesarily long time.

 

Any info would be welcome.

 

Thank

[alanalana]

Well done to all of the above successes.

 

Landy

Pecky1

PPIMUG

 

Where there's a will there's a way.

 

aa

[violethill]

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**

well ifinally got my cheque 1,170 rushed to the banklol but can anyone tell me is it legal to add interest to a acceptance fee do i have a good case if they are doing this .any help guys would be appreciated:|

[mangle101]

I have received an offer back from HSBC on several loans dating back to 1999, the acceptance of their offer has been posted today, all of these loans had PPI attached so, thanks to all that helped on making this possible ( especially Alanalana & Pompeyfaith )

[steven4064]

Well done mangle

[landy_alert]

Hi everyone:)

 

Two (partial) victories to report -

 

1) M&S have offered to refund on an old credit card account, but their offer doesn't include contractual interest so I've said we'll accept as partial settlement only..........no further response as yet and payment not yet received.

 

2) MBNA have sent a cheque for PPI applied to a current credit card account, after intervention by the FOS, but once again they have omitted to refund contractual interest.........will be asking them to justify why they have not carried out FOS's instructions to put us back into a position as if the PPI hadn't been applied.

 

So nearly there with these two, but not all the way yet;)

 

Thanks as always for getting me this far to pompeyfaith and alanalana!

 

Sorry, forgot to add - will be making a donation once these are settled in full!

 

Regards,

 

Landy x

Edited August 26, 2009 by landy_alert
Added something!

[bulldogoscar]

2nd ppi claim against a&l loans...first one recieved £536...today recieved offer of £303.

Hope cc charges pay up as easy.

[fedupwithitall]

BLACKHORSE LOAN 2004

 

Just wanted to say that my money went into the bank today.

 

If you are told that you can't win a complaint against Blackhorse with a loan pre 2005, then take no notice. GO FOR IT, you can WIN.

 

I started my complaint at the end of May, so it took about 4 minths.

 

Didn't have to follow through with my threats about the FOS either, did it all myself with template letters from the web, and my own persistence.

 

Good luck to all.

 

Thanks for the words of advice and support.

 

regards

FUWIA

[24233513afw]

Claimed PPI formy Brother in Law from Royal Bank of Scotland with the tremendous and generous help from Pompeyfaith on here.

Brother in Law WON case with first letter RBSdid not put up much of a fight only took about 8 weeks.

THANK YOU POMPEYFAITH COULD NOT HAVE DONE IT WITHOUT YOUR HELP YOUR WORTH YOUR WEIGHT IN GOLD AND MORE.

Unfortunately they did not give him themoney back they paid it to his overdraft and credit card but that means he is clear. However he was wanting to donate to this site but cant afford anything just now but he does have another few PPI to claim sodonations hoepfully on there way.

 

I think that CAG should make a table for donations after all we couldn't do it without this site.

Cheers

AFW