Banks challenge new PPI rules

[nelliewops]

Re: Banks challenge new PPI rules

PF do you (or anyone else for that matter!) have any idea if a legally binding decision by the FOS could still be enforced through the courts under these circumstances please?

[pompeyfaith]

Re: Banks challenge new PPI rules

dont quote me on this nellie but i believe as yours has been upheld by an ombudsman and thus the JR does not apply to you as it was upheld on the current rules and not the ones to be implemented on the 1st december i see no reason why you cant

[di30]

Re: Banks challenge new PPI rules

Right, just wondering now though whether I should still continue with the remaining 2 ppi complaints I have with lloyds or not?? (or wait)
Its only now I started to get these together, just wish I came across these 2 when reclaimed on the last 4 lol.

[pompeyfaith]

Re: Banks challenge new PPI rules

an ombudsman decision is binding in court also i believe

[NLP]

Re: Banks challenge new PPI rules

di, why wait?

the FOS and FSA have said business as usual... and if after 8 weeks they say no, give it to the FOS.

[di30]

Re: Banks challenge new PPI rules

http://www.google.co.uk/url?sa=t&sou...scJ5yFkVimgEqw

I don't know if I have posted the above link ok.

In relation to binding decisions made by the ombudsman etc.

[pompeyfaith]

Re: Banks challenge new PPI rules

yep di start now you have nothing to lose eather way

[di30]

Re: Banks challenge new PPI rules

That is so true NLP, no harm in doing so, going to do it.
------------------------------- merged -------------------------------

yep di start now you have nothing to lose eather way

I will do, cheers PF.

Di

[NLP]

Re: Banks challenge new PPI rules

we must not let people think about continuing to claim, i read elsewhere and i agree entirely, if the banks refute every single claims while the JR is taking place, they will just end up paying tons of money for every case kicked to the FOS.

surely this will cost them more money in the long-term?

so we must continue...even more so than ever.

[di30]

Re: Banks challenge new PPI rules

I may as well get them done with.

My reasons are, it was a joint loan, hubby first account holder, they told him he must take the ppi to be accepted for the loans, yet when he tried making a reclaim they would not pay out, long story, but going to give it a go anyway.

I must admit back then, we were very laid back on this LOL.

Cheers folks.

[di30]

Re: Banks challenge new PPI rules

Good points made NLP.

[pompeyfaith]

Re: Banks challenge new PPI rules

NLP exactly and every claim sent to fos costs them £450 so is in there interests to settle in the 8wks

[di30]

Re: Banks challenge new PPI rules

Very much so PF.

They are only costing themselves more.



Still takes me back to last week when receiving the additional refund from Lloyds lol.

[pompeyfaith]

Re: Banks challenge new PPI rules

Di as you know plenty of good folk here to help you so without further ado start a thread and start the ball rolling xx

[di30]

Re: Banks challenge new PPI rules

I think we should just take it in our stride, and just keep a check on what happens, but with the FSA and FOS on our sides - there is still strong hope for us.
------------------------------- merged -------------------------------


Thanks PF, I will now just, cheers for that X



Why have i merged posts again? lol.