PPI Claim

DAIR

DAIR

DAIR

Soldato
Joined
23 Jul 2009
Posts
8,917
Location
Cayman Islands
Has anyone here used a third party co. to carry out a PPI claim on their behalf?

If so were they successful?

I ask because I've just received an offer from my bank. How is payment usually made to the third party?
 
mrbell1984 said:
You pay the 3rd party after you get a successful claim back. You pay via bank transfer or something like that.
Click to expand...

I see.

I've just received my offer. Going to accept then send to the bank. Then I'll just wait for the 3rd party to contact me.
 
[TW]Fox;21057651 said:
The dirty work involves filling in a few forms. You've basically given them 400ish for absolutely nothing.
Click to expand...

Thanks for reminding me lol
 
If I could go back in time I wouldve written the letter myself lol.

These companies are not worth signing with....
 
w1lliam said:
I called the bank and got the ball rolling, didnt even fill a form, 2 months later a cheque for 2k.

A 20 minute phone call.

That's all it took.
Click to expand...

Not bad... I've received a little over 4k :|

Going straight into savings acc.
 
Dan Dan said:
Can I ask why you went through a 3rd party company?

I did mine through my bank. Told them I didnt think I would get the loan if i didnt take out the insurance (genuine not a lie) even though I had a full time job. 16 weeks later I got my insurance loan amount back +8%. Didn't have to pay anybody anything as the bank did it all.
Click to expand...

I was approached by a rep in a shopping centre. They said I could only claim through them (or a company like theirs). I've recently found out this was a load of rubbish.

Had I known I couldve done it myself I would have!
 
elmarko1234 said:
I was mis-sold it a few years back, but cancelled after a few months when I did some research on it (it seemed a bit off to me).

I might claim it back, not that it's much - just I don't think the bank deserves "free money" from people who CBA to claim it back.

What's the best way of finding out how much in total you have paid to PPI?, I can't imagine the bank would be that hot on just giving that information (pretty obvious what I want it for).
Click to expand...

Google something like PPI templates.

You can then send them off to the back and wait for a response.
 
feriso said:
Then again, it was when I was a student so would it've been applicable anyway?

Not trying to get free money, just trying to be fair.
Click to expand...

Pretty sure PPI shouldnt apply to student as theyre not in full time work....
 
mrbell1984 said:
It wasn't money I had in the first place and should not have recieved it so
I DON'T CARE. ;)
Click to expand...

Calm down sonny Jim.

Technically it is money you had.... The only extra you got was the interest...... You lost a bit too because you had to pay vat.
 
cm1179 said:
it's not an easy £7k, he paid out £7k.

do they pay any interest on these refunds? if not, you've done yourself out of the interest you could've earned by saving £7k up over that period
Click to expand...

Yes they pay interest.

So its in the banks best interest to pay asap
 
mame said:
It's not just self-employed people, a big part of it was banks saying you would only be accepted for the loan if you took out the PPI. They aren't allowed to do that. The PPI should have been voluntary.
Click to expand...

Hmmmm similar to the PPI claimant company telling me I could only claim through a company like theirs..... Think I might have words
 
Templates can be found online. The money saving expert site apparently has one for every scenario
 
rollins said:
I've just received my refund from RBS - decided to do it myself due to the high costs that companies charge for the sake of sending a few letters, as mentioned already on the thread.

Going back quite a few years, but if you use the templates for SAR information (if you don't have any account records) and the FOS questionnaire, then you should be sorted.

I claimed due to being sold the PPI as required within the loan, even though I had additional insurances, as well as a pre-existing medical condition (microtia). The end result was a cheque for just over £12K. Sorted!
Click to expand...

KERRRRRRRRRRRRRRRRRRRRRRRRR CHING
 
rollins said:
The letter I got was more than a welcome surprise! Mind you, I never missed a payment with any borrowings, everything is paid off now and me and the missus are having a holiday to San Francisco, Amsterdam and Prague this year.

2011 was a really bad year for me (bereavements) so 2012, I'm hoping, will be a much better year. This is definately a good start!
Click to expand...

Happy days
 
You must log in or register to reply here.
Back
Top Bottom