V
vkurup
Guest
I get one of those every few weeks... that is just a someone who has bought a mailing list and doing a mass texting.. ignore, this is a generic message..
PPI...is it worth it?
- Thread starter full_throttle
- Start date
I get one of those every few weeks... that is just a someone who has bought a mailing list and doing a mass texting.. ignore, this is a generic message..
wrighty1874
Journeyman Pro
A mate at work has just got £17,000 from a PPI claim. I've got my banks number for such claims, will be calling them tomorrow.
stevelev
Journeyman Pro
How simple is it to apply for these yourself, and what information do you need in order ot make a claim.
I cant even remember who I borrowed from?
I cant even remember who I borrowed from?
I got 8K from the TSB. Her indoors was only offered half that despite her having the same cards (for longer). She is taking it up with the Ombudsman but it is dragging on and has been over a year with no sign of a conclusion
tarmac
Club Champion
can someone tell me why we have to do all the chaseing here?why havent the banks been told to review all past loans etc. and check them for us.after all its them who are in the wrong!!get them to do the work and contact us.i've had umpteen different loans for cars,sofas,mortgages etc.in the last 10-20 years(some of the companys dont even exist anymore).they should be contacting me..if they found out i'd underpaid them theyd be quick enough in letting me know!!
williamalex1
Money List Winner
we are in our final year of a 25yr endowment morgage with standard life which will only pay out half of original sum and
includes life insurance cover how can i find out if there is any ppi involved , also we have changed providers maybe three times during the years , how can this be checked
includes life insurance cover how can i find out if there is any ppi involved , also we have changed providers maybe three times during the years , how can this be checked
Captainron
Big Hitting, South African Sweary Person
Not all PPI was missold. Some people who had the policies attached to their lending made successful claims when they needed it most. Some people still want the cover and are willing to pay for it.
The easiest way to find the companies and the account numbers is to get copy bank statements from back in the day. If you paid by Direct Debit then these will show who you were paying. You then need to get in touch with each company and raise your claim. If a company has been bought out then you need to claim from the company who took them over.
Captainron
Big Hitting, South African Sweary Person
An endowment policy was not a PPI policy but a repayment vehicle. These did not have any ASU elements attached. You can still make a complaint about the advice you received though. I am not sure if Endowment policy complaints have now been time barred by the FSA. The endowment scandal was back in 2003/4 and a time limit was set to make a claim (usually 3 years) and if you didn't claim then you were assumed to have accepted the policy for what it was. I would still contact the company though to make a complaint.
Crazyface
Tour Winner
How do you find out if you had PPI? Or do people just chuck a claim in and hope?
full_throttle
Tour Winner
If your loan/s were with a bank then go to any branch of that bank and ask at customer service desk for a list of loans taken out by you. Also ask if there is a dedicated PPI claim number you can contact. Once the above is done make the phone call giving the reason you wish to claim. Then sit back and wait. We had a letter within a week explaining one of the loans had no PPI so any claim would be denied. Seven weeks later and we got a letter explaining the amount to be paid against each loan that had a successful claim.
Mr_T
Challenge Tour Pro
This irritates me as well, I'm 16 so its not possible for me to have taken out a loan or have ppi!
cookelad
Tour Winner
Decided to have a go at the PPI lottery this morning - now need to drag myself away from shiny websites!
forefortheday
Tour Rookie
Dont ever reply!
Its a blanket text, if you reply they know its an active mobile and then the spamming begins.
GreiginFife
Money List Winner
Sorry to reprise an old thread but...
Just been going through some paperwork regarding a loan that we have (currently) and found that it has PPI on it that neither myself or the wife knew anything about.
What can/should we do about this?
Just been going through some paperwork regarding a loan that we have (currently) and found that it has PPI on it that neither myself or the wife knew anything about.
What can/should we do about this?
Tab373
Q-School Graduate
I just received £4450 from natwest. Easy to do went into natwest I said I've had numerous loans over the years and wasn't sure if PPI on them. They gave me a number to call. The person on phone said write a letter asking for all details of loans that I have ever had.sent it 2 weeks later had a letter saying that 6 loans I've had had PPI phone the number up again gave them account number and approx 2 weeks later a letter saying I will get £4450 back. Happy days. And it didn't cost me a penny to do except stamp and phone call.
if an endowment part of a mortgage had critical illness attached is that PPI? the endowment is coming up way short of the mortgage and got the run around for nearly 2 years about missold an endowment policy so gave up eventually- Theres only so many times you can keep completing forms
Rooter
Money List Winner
Call the company and discuss with them, they will send you a form or 2 to fill in. Sould be pretty easy dude. Good luck!
Just over £10k back from EGG and £2.5k from BC. RBS are saying go away. Its now with FOS. Not used any of the claims companies - see little point in giving them upwards of a third for 15mins work.
G1BB0
Money List Winner
how far back can you go?
I had PPI on my 1st car back in 2003 but they are no longer trading. Think I may have had it on a loan or 2 aswell. Wish I had it on the mortgage now, could do with a little windfall for some new golf gear
I had PPI on my 1st car back in 2003 but they are no longer trading. Think I may have had it on a loan or 2 aswell. Wish I had it on the mortgage now, could do with a little windfall for some new golf gear
chrisd
Major Champion
Wish I had it on the mortgage now, could do with a little windfall for some new golf gear
But if they are only repaying what you gave them over the term of a loan then you would have been much poorer over the life of the mortgage. I never paid any PPI so there is no windfall but I did have the money in my pocket when I needed it most!