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I urge you all to look at PPI and any claim you can make.

(892 Posts)

You don't need one of these so called specialist firms to do it.

I have received an offer of £4221 from M&S in the post this morning.

All it took was a letter asking for my original signed application and then a claim form.

I started the process on 30th October and received my offer today for the cost of some paper and a couple of recorded delivery envelopes.

I am still waiting to hear from a couple of other lenders but what a fantastic start to the weekend.

lisad123 Sat 14-Jan-12 11:01:32

We had a first plus loan for the building work on the house. I made 1 call and got £13,000!!
I have just called mint and barclaycard this week and they are looking into it. I have a form for black horse here too!
Glad to see people are still getting money back.
The reason I believe I was missold was because they never asked a health question.

FriggFRIGG Sat 14-Jan-12 11:01:47

Urm...<rummages>

Must be one around here somewhere...

Will it actually say PPI or is it disguised?

tiredemma Sat 14-Jan-12 11:02:37

I am owed £3.5k by Lloyds. Just waiting to receive payment.

frasersmummy Sat 14-Jan-12 11:03:25

it cost me the cost of one phone calll to the halifax.. I called them and said i know I have a cc which I havent used in a couple of years

They located the acct and confirmed there was ppi on it .. she gave me all the reasons I could use to claim it back and asked which one applied the best
I gave her the reason and she did the rest

12 weeks later (a month before xmas ) I got 2.5k back ... its well worth doing . You get the ppi you paid back plus the interest on the ppi plus the interest accrued on the acct because of the ppi

I have heard soo many horror stories of these claim companies.. just contact your lender direct

AnyFucker Sat 14-Jan-12 11:05:06

ours was called "payment protection insurance" yes

they are not allowed to disguise it

if you see anything you are not sure of though, call them

they are not trying to stop people claiming, honestly (as strange as that sounds...)

Flisspaps Sat 14-Jan-12 11:05:45

I had a loan with Welcome Finance, but unfortunately they are no longer in existence and the FSCS are unable to process any claim for mis-sold PPI against them sad

Arseholes, PPI wasn't optional with them.

AnyFucker Sat 14-Jan-12 11:06:48

fliss, have you contacted the Financial Ombudsman for advice about that ?

FriggFRIGG Sat 14-Jan-12 11:14:22

Hmm,well it doesn't say PPI= ££'s

But at the side there is some blah about what % of your account balance you should be paying monthly it says 'or,if more,an amount equal to the total of interest ,late payment,over limit, or returned payment charges,the PPI premium on your statement and 0.5% of your statement balance.'

Anyone understand that?
Does that mean there IS PPI,or are they saying IF you have PPI you have to pay it confused

WinterIsComing Sat 14-Jan-12 11:27:46

I sold my house in 2002 and had a mortgage with Cheltenham and Gloucester. Pretty sure PPI was on that. I'm not sure if I'm beyond the time limit but they are not answering the phone.

It's definitely worth looking into - thanks OP.

Flisspaps Sat 14-Jan-12 11:28:56

AnyFucker I haven't, but further delving into it (ie Google) says that as my loan was before Jan 2005 I can still contact Welcome directly with a claim...worth a pop. The loan was tiny (less than £1000) but any PPI back would be handy!

AnyFucker Sat 14-Jan-12 11:36:26

frigg, ring them and find out for sure

fliss...worth a pop, yes

TwllBach Sat 14-Jan-12 11:39:05

I've been hearing about this recently and didnt think it applied to me but I have an account with a catalogue and I took out a loan in August this year - Are either of these things that I could claim on?

AnyFucker Sat 14-Jan-12 11:45:13

I dunno about the catalogue, don't reckon so

who was your loan with ?

if one of the big banks or building societies (and not a payDay thingy), then check with them if you are paying, or have ever paid, PPI

DilysPrice Sat 14-Jan-12 11:45:48

If you took out a loan in August last year it's extremely unlikely you were missold PPI because everyone would have tightened up their procedures long before then. The catalogue is possible - look at your statements.

Fliss, I claimed my PPI back from Welcome, although it was about a year ago.

All it took was 1 letter and I received a cheque back within 4weeks!

TwllBach Sat 14-Jan-12 11:56:12

I thought it was unlikely regarding the loan, but it was Barclays and you do hear so many horror stories about them!

ShineYourButtonsWithBrasso Sat 14-Jan-12 11:56:58

Thank you for this thread.

<crosses fingers>

Fliss my friend claimed back from Welcome about 3 months ago. I think she said the loan was 6 years old but they still paid out.

I got 2.5k back from HSBC last year using the template letter from MSE.

Even if your accounts are closed and you have no paperwork and your lender is being difficult about giving you account numbers etc then you can write a subject access letter - SAR letter which is again on the MSE forums.

It will cost you £10 per lender but they must, by law give you a print out of everything you have with them. I did it with Clydesdale bank also but I think I may well be outwith the 6 years. Even so it is only £10 to be sure.

I have a CC with M&S - would I be able to claim from them? ANd on e from HSBC - sadly I had a loan from them and got a letter from one of those PPI companies and they say I will hear in a couple of weeks.

Overtiredmum Sat 14-Jan-12 15:15:40

I have made 4 separate claims using the template on MSE forum.

We got £4k just before Christmas from Santander, we have just been offered £6.5k from First Plus, and they have reworked our outstanding, so will be saving another £150 per month.

We have two claims outstanding with Lloyds, should hear in the next few weeks hopefully, but a great start to the year, clearing nearly £10k worth of debt and repayments down a month.

Most definitely worth doing yourself. My sister used a claims company, she got back £6k, but also got a bill for nearly £2k!

BrightnessFalls Sat 14-Jan-12 15:22:38

I had a loan from Welcome about five years ago. How do I find out more about the loan and, how will I know if Im entitled to claim? I have no paperwork.

KinkyDorito Sat 14-Jan-12 15:30:21

I was missold PPI in 2002. I've read it has to be in the last 6 years, does anyone know why this is?

Brightness, firstly I would write a letter to Welcome and send it recorded delivery with £1 and ask them to send you your original documents, ie the ones you signed/application form.

That should have your account details on it and if you signed for PPI.

You may get the info and you may not. Some lenders can be difficult. If they say no, google SAR letter and fill it in and send it off. This will cost your £10 but Welcome must, by law provide you details of everything they have on you so account numbers etc.

Once you have that you can then complete the claim form if you think you have been mis-sold.

madame, yes if your M&S had PPI and you think you were mis-sold then yes you can submit a claim.

Mine went in on 29 October and I got my offer today so not too long to wait.

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