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Original poster

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

906 replies

gregssausageroll · 14/01/2012 09:04

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.

OP posts:
adamschic · 31/01/2012 12:37

Thanks, will keep digging. It's not so much the money, more realising how much I was done over by them after being made redundant. I was frightened into taking lower paid jobs and struggled to pay child care as my little one was 2 then 5. Not sure if this is legally an issue but morally it is Grin.

lisad123 · 31/01/2012 13:26

Beware of barclay card!!!
I rang on 11th jan to complain about ppi.
I rang today for update, and was told it was being looked into and I didn't need to worry. I insisted on speaking to someone in the right department as I had received nothing in writing.
He put me on hold for 7 mins and finally spoke to someone. He said sorry but it seems me complaint was closed on the same day I rang it though!! Angry
He has now reopened it and they will be touch and dealt with within 40 days Hmm

I made it clear that if it's not dealt with by then I will take it further. I am so mad that they lied to me AngryAngry

chipmunksex · 31/01/2012 13:29

We have had an offer, it's over a grand so we're all happy chipmunks today.
Grin

It really is worth a try.

DonkeyTeapot · 31/01/2012 15:12

I think the six year deadline is becuase businesses legally have to keep records of all of their accounts for six years, so presumably any claims on agreements over six years old cannot be investigated.

Tequilamockinbird · 31/01/2012 15:17

Well done chipmunk! That's brilliant Grin

adamschic · 31/01/2012 15:26

Well done on the claim. I'm going to see if I can find some paperwork.

Tequilamockinbird · 11/02/2012 15:04

Any successes yet?

MaureenMLove · 11/02/2012 15:08

Glad thread has come up again, saves me searching for it! Grin

I've got a letter from a company, with my entire account history and the covering letter from the initial agreement. It says on it, 'as you have opted for PPI'. I've looked everywhere on the form that I filled in, which they also sent me and I can't find anywhere, where I have said yes or no to it, so for the sake of a letter and the cost of the stamp, I might as well give it a go.

What do I have to do next though. Anyone got any idea?

FriggFRIGG · 11/02/2012 15:15

I really should do this,I have had a CC with LLoyds,and a store card from top shop,I'll bet those bastards sold me PPI,
but,
I am an idiot,and tired and I dot get how to do it

I think I might go with one of those awful company's...

Tequilamockinbird · 12/02/2012 17:21

Frigg NOOOOO don't pay someone to do it, it really is so easy!

Look at step 3 here www.moneysavingexpert.com/reclaim/ppi-loan-insurance

There is a PPI reclaim questionnaire. Fill it in, print it out and send recorded delivery to the lender.

It really is that simple! I didn't even have account numbers but mentioned this on the form and they found the accounts from name, address etc.

Claims people will only do exactly the same BUT they will take 25% of your refund!

lisad123 · 12/02/2012 17:26

Barclay card are driving me mad! Angry

Kayzr · 12/02/2012 17:29

Can you still claim if you were told about the ppi when you got the loan?

AnyFucker · 12/02/2012 17:30

contact your lender directly, or do what tequila says

you do not need a bastard ambulance-chasing company to do it for you

if you are not sure, ask for a claim form direct from the lender, they are obliged to investigate

go to the Lloyd's TSB homepage, for example, and there are links to follow

and I have a success story from Lloyds, I got a cheque for 1800 a few weeks ago

AnyFucker · 12/02/2012 17:31

yes, kay, it would be worth a try

in the box on the form it asks "was it fully explained why you might need PPI"

just say no, it wasn't

storytopper · 12/02/2012 17:35

One of my colleagues got £17,500 back! Apparently she has been taking out loans for 35 years and at one point was paying £45 a month in PPI.

She applied herself - didn't go through a company - so got it all back.

She is treating all of her family to a nice holiday now.

AnyFucker · 12/02/2012 17:39

wow !

Kayzr · 12/02/2012 17:54

Wow that is amazing.

Tequilamockinbird · 12/02/2012 17:58

Wow that's a phenomenal amount!

Well done on yours too AF, will you be treating yourself?

As AF said, yes you can claim even if you knew about it. The fact is that it was missold, and you didn't get the full information about what you were signing for

lostboysfallin · 12/02/2012 18:01

Dh and I got about £20k back in total.
Can claim the overlimit £12 charges too.
And the late payment charges + interest

Tequilamockinbird · 12/02/2012 18:04

Brilliant lostboys!

Didn't they stop the bank charges claiming a couple of years back though? AFAIK you can only claim those if you're suffering financial hardship?

magicOC · 12/02/2012 18:22

I called M&S last wk and cancelled my PPI that I noticed was on the bottom of every statement, never really thought about it as assumed it was interest I was paying on the balance.

Told them I wasn't aware that's what I had been paying for and could they pls cancel it and how do I go about claiming it back. She said she could see from my account I had been paying it since 2004. Said they would get a claim procedure started and I would hear from them. Got letter in post the next day saying they are looking into it and I would hear back within 8wks.

Worth a try.

lostboysfallin · 12/02/2012 18:23

Oh, not sure
We did do ours about two years ago.
do you mean bank overdraft charges?
That was a bit different, yes that was a different process and had to go for further investigation, and we didn't get it, even though it was the charges that caused the overdraft in the first place.
The £12 charges I mean were for credit card late fees, and overlimit fees.
I never really understood why these were deemed unlawful, but wasn't going to complain.

magicOC · 12/02/2012 18:26

Just wanted to add thanks gregs, it was seeing this thread that gave me the courage to start the process.

Original poster
gregssausageroll · 12/02/2012 18:32

I should hear from RBS this week as it is the deadline they gave me so fingers crossed on a good outcome.

OP posts:
AnyFucker · 12/02/2012 18:47

thanks, tequila, it is going towards our summer holiday Grin

the thing is, we only ever had a couple of credit cards that never had more than a few hundred on them

but when you are a paying a couple of quid a month, for many years, it adds up Grin

I was very chuffed with 1800