I think the constant calls I receive about PPI from these bloody call centers has turned PPI into a dirty word in my head. Daft really. Anyway, we shall see. No, was for a small graduate loan I took when I moved down to London. Only 5K, and payed off within a few months.
PPI Claiming
- Thread starter stoofa
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Deleted member 651465
Deleted member 651465
I don't dispute what you're saying... my argument isn't the right to compensation, it's the length of time that the time that it seems to be dragging on plus all the cold calls, radio adverts, TV, web ads /popups etc. 2019 is supposedly the end and even that feels like an age away.
Soldato
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Another provider sending me a cheque for £3390.92! Still awaiting responses on about another 7!
Thank you for the Resolver link. I filled it in on the 12th May Barclays refunded my claim without question in 5 days. Was very surprised, had a texted from them saying it had been resolved, checked my account and all money had been deposited, still awaiting their letter saying what its all for.
Associate
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How would it be by turning straight to my bank to check for PPI? Or is it better to go straight to the Resolver thing?
Blimey. Nice one @HoneyBadger.
@neviditelny
If the bank offers a straight forward PPI submission form, then go for it. Most don't. Resolver is free as far as I can see and sorts it all for you (mostly).
@neviditelny
If the bank offers a straight forward PPI submission form, then go for it. Most don't. Resolver is free as far as I can see and sorts it all for you (mostly).
Interesting, I bought a Tiny PC years ago and remember being 'forced' to take the PPI but assumed as they no longer exist it'd be a waste of time trying to chase. How has you wife got on, and how did she go about it - if you don't mind me asking.
We're letting the same claims company do all the work for us and once they return the second set of paperwork indicating who we can make a claim against with regards Tiny, we'll do that bit ourselves. Still waiting for that information at the moment, but I'll update once we know who is now responsible for Tiny's PPI.
ah sorry, didn't realise you were the OP - any chance you could bung me over the companies name you are using? or just let me know when you find out if there is anyone left to claim back from. think if I remember rightly the pc was 900 odd quid, I bought it on 1 year 0% interest, when the year was up got some nonsense story about having to pay it over 3 years instead because of the ppi thingy (pretty sure they called it something else though) and me being a tad naïve then agreed - ended up paying over 1500 quid if memory serves right! be nice if I could get some of that back
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Caporegime
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How many loans did you take out?
I tried to claim...checked all my credit cards, loans etc....it appears I declined on the insurance on on these to begin with so they told me I am getting nothing. A small part of me am sad I am not getting anything but another part of me feels good I was either skeptical of them to begin with or too smart to take them out in the first place.
Soldato
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Over the past 20 years, I've had several loans, credit cards and mortgages. All successfully paid off.
To be honest, from my bad memory I always thought I had declined any such insurance too but some of these appear to be where I wasn't even aware I had it!! (Ignorance on my part, no doubt)
I've since had two more texts saying payment is on the way (no amounts specified) but if it's the same as the previous ones I may get a further 6-8k totalling around 15k ish.
Potentially 15k in one month for an hours work. Scary really!
Just to update:
I filled out on 12/05/2017 after reading this thread.
Today i got 2 offers for 2 separate loans I have taken with NatWest(RBS now) over 10 years ago.
I didn't know ANY details - no account numbers no time periods no amounts ect - i just filled out what i knew which was not much and i honestly thought RBS is going to come back to me asking for more info.
£1611.63 and £4773.41!!
That's £6385.04!!!
)
Well chuffed to be honest. OP, I owe you a drink!
I filled out on 12/05/2017 after reading this thread.
Today i got 2 offers for 2 separate loans I have taken with NatWest(RBS now) over 10 years ago.
I didn't know ANY details - no account numbers no time periods no amounts ect - i just filled out what i knew which was not much and i honestly thought RBS is going to come back to me asking for more info.
£1611.63 and £4773.41!!
That's £6385.04!!!
)Well chuffed to be honest. OP, I owe you a drink!
indeed
I get that this was sometimes mis-sold (i.e. where you're forced to take it as part of a loan) but it wasn't always and while I'm all for consumers getting paid when they've been ripped off I suspect in a lot of these cases the people getting pay outs were, to be blunt, just rather stupid people who didn't bother looking at what they were paying for - or even did consciously decide they wanted PPI but are now jumping on the bandwagon.
Just as dodgy whiplash claims push up costs for consumers in the insurance industry there are knock on effects to this PPI free for all. I think the whole mentality is wrong, in another thread on the forums a poster wants to move his pension into a SIPP - IMO that is his choice and frankly as long as he's warned about the consequences that should be the end of it... in reality however he's going to have to go see an IFA that is willing to take on the 'risk' of him doing that and who has their own insurance costs etc.. to worry about. This does seem to be because we've developed a culture whereby Joe public can be a complete muppet, make a silly decision and if it happens to lots of people then institutions seemingly need to compensate them.
(not saying anyone in this thread is a 'muppet' - I'll assume for the sake of argument that the posters in here had been forced to take it as part of a loan and aren't just money grabbing chancers who want compensation for doing something stupid - I'm just criticising the wider impact of this sort of thing)
Soldato
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no doubt like many people out there, i don't really have details or recollections of loans / credit cards etc that i may have taken out over the years. So the thought of having to fill in forms and what not is actually a bit daunting and even unrealistic. I'd be more than tempted to just pay 25% to a REPUTABLE and reliable firm to literally do the whole lot for me..if indeed such an option exists??
Soldato
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Use resolver. It's a simple web page with drop downs. Takes 2 mins to fill in. I hardly put any info in as I cannot remember it and so far I'm 7k up.
It's also free.
Just to update:
I filled out on 12/05/2017 after reading this thread.
Today i got 2 offers for 2 separate loans I have taken with NatWest(RBS now) over 10 years ago.
I didn't know ANY details - no account numbers no time periods no amounts ect - i just filled out what i knew which was not much and i honestly thought RBS is going to come back to me asking for more info.
£1611.63 and £4773.41!!
That's £6385.04!!!
Well chuffed to be honest. OP, I owe you a drink!
how did you do it? through revolver?
i've lived in so many address and had so many bank accounts, cards and loans. i'm not sure sure how many dates i could actually narrow down. I don't think I had any, but seems others also didn't think they had it either.
perhaps it would be better to let a comapny handle it even if its just to see if anything is owed before doing it myself? any companies let you fill in such info on line and not constantly hassel you by phone.
Link handy?
