PPI Claim Nat West

[Turboman]

Re: PPI Claim Nat West

:cheer2::cheer2::cheer2::cheer2::cheer2::cheer2::c ancan::cancan::cancan::cancan::cancan::cancan::che er2::cheer2::cheer2::cheer2::cheer2::cheer2:

[Celestine]

Re: PPI Claim Nat West

Fantastic!! CONGRATULATIONS!!!

:beagle::beagle::beagle::beagle:

:cancan::cancan::cancan::cancan::cancan:

[Bill-K]

Re: PPI Claim Nat West

Congrats and well done, Lanzo. You seem to have done this by putting in the main effort yourself, and simply using the advice you received to power that.

Floats my boat, and gets my vote.

Brill, matey !!!

Have a good Christmas !!!

...and even January doesn't look too bleak, eh ?

[Lanzo]

Re: PPI Claim Nat West

Dear all,

I can only put my success down to the advice I read about and received on this site, you guys who are supporting us are a real credit to us and yourselves. Please keep up the good work.

To anyone out there who thinks they may have claim, just go ahead and make it, download and fill in one of the templates and send it in, its easy. If you are unsure get a friend to help or ask up on this site someone will help you. But please, please, please, stay clear of claims management companies, they do very little and they will take a lot of your money.

Anyway my offer acceptance is in the post, first class recorded and not in the prepaid second class envelope they left. I really am looking forward to a Happy Christmas and new year.

Thanks again

Lanzo

[Lanzo]

Re: PPI Claim Nat West

Looks like RBS are going to drip feed payments to me.

Total offer on first loan was £748.88 which is made up of
£609.28 ppi premium and associated interest
£174.50 Gross interest
- £34.90 Tax on interest (20%)
£139.60 Net interest

So they have refunded the £609.28 ppi to my bank account but not the net £139.60 interest.

I hope they’re not going to mess me about on this and the other loans.



Lanzo

[di30]

Re: PPI Claim Nat West

Have you made contact with them to question about the remaining (interest)?

[Lanzo]

Re: PPI Claim Nat West

I'll be on the phone to them, I'll let you know how I get on.

Lanzo

[Bill-K]

Re: PPI Claim Nat West

It may well be that they are sending you a cheque for the 'Compensatory Interest,' as that is not usually used toward paying off any outstanding balance. Chances are that you'll get it in January, I reckon, Lanzo.

[Paul210]

Re: PPI Claim Nat West

Looks like RBS are going to drip feed payments to me.

Total offer on first loan was £748.88 which is made up of
£609.28 ppi premium and associated interest
£174.50 Gross interest
- £34.90 Tax on interest (20%)
£139.60 Net interest

So they have refunded the £609.28 ppi to my bank account but not the net £139.60 interest.

I hope they’re not going to mess me about on this and the other loans.



Lanzo

RBS often send the 8% interest in a separate payment, this can be on a different day. In quite a few cases they refund the premiums individually on several loans then at the end lump the 8% funds together and make in 1 payment. Also remember theres a good chance they will knock the 20% tax off the interest payments so the total is likely to be different from what you have on your Final Response letters.

If in doubt ring them on 0161 755 6890, theyre not the most helpful complaints department but if you get lucky you might get a straight answer explainting what and when in terms of your payments.

[Lanzo]

Re: PPI Claim Nat West

Hi Paul,

The 8% interest was paid the following day by bank transfer, the tax on the interest was already deducted at source, so the amount I recieved was as expected.

2 more loans to go but I've got enough in the bank to make it a happy Christmas.

Cheers


Lanzo

[di30]

Re: PPI Claim Nat West

Excellent Lanzo, well done!

[Lanzo]

Re: PPI Claim Nat West

I just wanted to add that I purposely documented my claim from start to finish through this forum so that anyone thinking of making a claim for themselves could see how it could be done, and also show that persistence and patients pays off. Fortunately In my case it has been only 13 weeks from first letter to first payout, so for that I’m very grateful.

So Merry Christmas and happy new year to all on the forum (readers and contributors)

Lanzo

[brummie]

Re: PPI Claim Nat West

Hi your post makes interesting reading to me as my claim is similar. The PPI team in Manchester has made me offers over 5 different loans and i have another mortgage claim in the system. I have found that the department is very difficult to get hold of, and the matters of SARS and Manchester PPI have only been speeded up by filing complaints at branch level on numerous occasions which have now been passed to the complaints section in Birmingham. iT TOOK TIME AND A LOT OF MOANING BUT I NEVER GAVE IN!!!
Best of luck with your other claims. I can only presume that my payments will take the same course as yours....
Regards.