Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

[dogtired]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

I had an identical letter from them so am waiting as well!

[cato]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

thanks Tuttsi...no idea why another five weeks as they have provided nothing other than the information above that you viewed...I think its a fairly simple calculation for them but what do I know haha...maybe they are just trying to maintain some power and control!!

if anything it puts my mind at rest that I will get the payout I deserve...

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

Well done Cato - but why another 5 weeks????

[cato]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

hello all...

Sucess comes slow but still a success... This is actually on a loan I settled in 1999 with M&S money!! From my calculations it should equate to 13k Thanks for all the great posts...and just goes to show even loans from 6 years+ can still get paid out

"Thank you for contacting us about the Payment Protection Insurance (PPI) on your account.

I understand that you feel this Insurance was mis-sold to you and that you are requesting a full refund of all premiums charged, plus 8% statutory interest.

I’d like to assure you that we take our adherence to the General Insurance regulations very seriously and we would not condone the mis-selling of our products.

I’ve now completed my investigation into the issues you raised and can confirm that I’m upholding your complaint.

As a result of my decision, it’s not my intention to respond specifically to the individual issues that you’ve raised, other than to explain how I intend resolving the matter.

I’m prepared to offer you a full refund of premiums paid (plus interest) for your loan account. We’ll contact you within the next five weeks with our offer of redress.

We do appreciate your continued patience in this matter."

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

However, the FOS often leaves one feeling unimpressed....

They're not the quickest in town but unlike the court service they are free (both in terms cost and risk), require little effort to use, consider claims more than 6 years old and have a high uphold rate.

[Angry Cat]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

It doesn't surprise me at all Cappo.

The JR was all about the application of complaints handling rules and not about the legalities of mis-selling PPI. It just goes to show that when these cases are heard in court, documentative evidence is king. And that the FOS is a better medium to settle PPI disputes because unlike the courts they will ultimately find on what, in there opinion, is fair and reasonable.

I am similar to cappo, in that now rarely comment.
However, the FOS often leaves one feeling unimpressed....

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

It doesn't surprise me at all Cappo.

The JR was all about the application of complaints handling rules and not about the legalities of mis-selling PPI. It just goes to show that when these cases are heard in court, documentative evidence is king. And that the FOS is a better medium to settle PPI disputes because unlike the courts they will ultimately find on what, in there opinion, is fair and reasonable.

[cappo]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

Wollerton v Blackhorse
Yates v Nemo
Thorius v MBNA

I am sure there are many others that have either settled or were decided in the county court and have been unreported.

If the banks were winning the majority of claims, their PR guru's would be having a field day. The lenders keep relying on the same old arguments and these arguments are being defeated.

Regarding slagging off other sites/fora I am also remembering your comment in post 4189

http://www.legalbeagles.info/forums/...postcount=4189

All I am saying is these sort of comments are not helpful to anyone.

Mr Z i don't come onto this site much now but as you are all aware i believe that everyone has there right to there own opinion, i don't want an argument but i firmly agree with EXC here, as we have always maintained on here this should not be a site where characters are assassinated as such, i think that if someone is given "bad" or "wrong" info it doesnt help. Saying that we do maintain on all the sites that info given should not be taken as legal advice.

[cappo]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

'Time called on PPI mis-selling'.

this is a very surprising view for the court to take especially since the verdict on the jr,which was also a court ruling.

[leclerc]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

It just goes to show that the FOS is perhaps the place to go with claims.
Of course you could take another sites viewpoint that "Even that is almost a waste time because the Ombudsman has got no bottle deal seriously with any of the banks"(A Wilson), but the court may take a viewpoint that will lose you everything.

Before anyone asks the question, oh yes I do have underlying reasons with regards to the quoted site but the point remains that going to court on PPI can potentially be extremely tricky and some issues, whilst tardisome, may be better dealt with through the FOS

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

'Time called on PPI mis-selling'.

[leclerc]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

I appreciate that, a company at the time might not know at the time about other credit cards details, but it still remains that there is a duplication of cover.
That's not necessarily the case since the PPI policy would cover just the loan or the credit card it came under. Two PPI policies at the same time does not mean you are double covered. You have to argue both the advice on a non advised sale and the fact that you had cover elsewhere.
But curiously recently, in these complaints, both cases were cross referenced so they know about each other. I seem to recall that when I used to phone them up many years ago there was occasionally some mix up as to what card (Virgin or MBNA) that I was referring to.

Even if they knew you had two PPI policies on two products, the PPI product itself is only covering the loan or credit card that it pertained to. The double coverage argument with regards to PPI(ie that one PPI policy on the credit card covers the loan or viceversa) simply does not exist. The Double coverage where you have other cover, for example, death in service benefit crosses off death cover is a valid one.

[StrayPup]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

I appreciate that, a company at the time might not know at the time about other credit cards details, but it still remains that there is a duplication of cover.

But curiously recently, in these complaints, both cases were cross referenced so they know about each other. I seem to recall that when I used to phone them up many years ago there was occasionally some mix up as to what card (Virgin or MBNA) that I was referring to.

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

Got a letter last week from MBNA (no FOS leaflet in it this time) with a new reference number saying they are looking into the matter - strange since I had received a "final" letter from them before! And then another letter from them today apologising for the delay and promising to reply by 9/9. What is going on?

It's quite possible that your case is being looked at due to the FSA's Root Cause Analysis requirements in the Policy Statement, whereby they are required to investigate tranches of sales that have a high complaint rate.

[leclerc]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

No business ever really knows if you had a PPI policy with another part of the company unless they ask you. That might suggest that the way it was sold meant that the full picture of your financial situation was not either understood properly by the seller or that they simply didn't ask the question at all.