Barclaycard PPI

[brown1950]

Barclaycard have upheld my PPI claim and have sent me a cheque for period 2005- 2007 (when i cancelled PPI payments) Barclaycard said they would be happy to recalculate the offer if i could
provide statements prior to 2005- Well next day sent them statements going back to 1999 !
On phoning Barclaycard they confirm receipt of my statements and i should hear within the next 4
weeks an amended offer less the original payment.

As i only have statements back to 1999 will Barclaycard estimate my monthly PPI payments from
the start of my credit card (1982) or is this just wishful thinking on my part?

[di30]

Re: Barclaycard PPI

Well done!!

Well hopefully as you have done what they requested by providing them the statements that show the amounts, then maybe they will work from that and refund all the way back from then on, good luck.

Did you ever try requesting for a copy of the credit agreement? (to the data dept) for a cost of a £1 cheque or postal order?

[Bill-K]

Re: Barclaycard PPI

Well done for that, Brown !!!

I agree with Di that it would be well worth sending them a CCA s.77-79 request for a copy of the credit agreement, if the account is still open/active. This should then establish when you took out the PPI. Without this 'provenance,' Barclaycard may not be prepared to estimate figures back to 1982, as there is no proof that the account was opened before 1999.

[brown1950]

Re: Barclaycard PPI

Well done!!

Well hopefully as you have done what they requested by providing them the statements that show the amounts, then maybe they will work from that and refund all the way back from then on, good luck.

Did you ever try requesting for a copy of the credit agreement? (to the data dept) for a cost of a £1 cheque or postal order?

Thanks for your reply.

Yes have a copy of my credit agreement dated Oct 1982. I wonder if Barclaycard will compensate back
to 1982 (Was PPI charged back then?) or back to 1999 as per the statements ?

[Bill-K]

Re: Barclaycard PPI

They should certainly offer PPI redress back to 1999 if you have sent them statements, as there is (I believe) NO time limitation on PPI reclaims if the data is available.

If you have a copy of your card application or agreement, is there anything on it that shows that PPI was requested at the time ?

[brown1950]

Re: Barclaycard PPI

My Application form shows box unticked (not requested) for Payment Protection !

[Bill-K]

Re: Barclaycard PPI

If what you have is a copy of the application as supplied in response to a CCA request or a DSAR, then it at least shows that you did not request PPI at the time of account inception. My guess would be that they 'sneaked it in' several months later, as this was a popular trick - often covered by the story that you agreed to it after a phone call (of which there is no record, of course). It might be possible to argue that the PPI was mis-sold in this way, because this was a widely-used method - but I think that the period 1982 to 1999 will probably have to be a matter for negotiation. There is no concrete proof - but there IS established probability, I believe - and the FOS should take this into account if it has to be referred to them.

One further question, if I may - IS/ARE the application/agreement copies the result of a CCA/DSAR ? If not, then it may well be worth making a CCA request at least - just to see if that PPI box becomes 'magically' ticked. It DOES happen !!!

[brown1950]

Re: Barclaycard PPI

If what you have is a copy of the application as supplied in response to a CCA request or a DSAR, then it at least shows that you did not request PPI at the time of account inception. My guess would be that they 'sneaked it in' several months later, as this was a popular trick - often covered by the story that you agreed to it after a phone call (of which there is no record, of course). It might be possible to argue that the PPI was mis-sold in this way, because this was a widely-used method - but I think that the period 1982 to 1999 will probably have to be a matter for negotiation. There is no concrete proof - but there IS established probability, I believe - and the FOS should take this into account if it has to be referred to them.

One further question, if I may - IS/ARE the application/agreement copies the result of a CCA/DSAR ? If not, then it may well be worth making a CCA request at least - just to see if that PPI box becomes 'magically' ticked. It DOES happen !!!

Yes the Application form i have was the result of a CCA request i made in 2008.

[Bill-K]

Re: Barclaycard PPI

Yes the Application form i have was the result of a CCA request i made in 2008.

Just a thought - and entirely up to you - but seeing as the copy of the Applic. form you have was supplied around 5 years ago, it MIGHT be interesting to submit a further CCA s.77-79 request, letting them know that you are reclaiming PPI. Some idiot may well decide to put a tick in the PPI 'Yes' box. Don't laugh - this is not unheard of. If they do, then you may have got them by the short and curlies, and improved your negotiating power ten-fold !!!

[brown1950]

Re: Barclaycard PPI

Just a thought - and entirely up to you - but seeing as the copy of the Applic. form you have was supplied around 5 years ago, it MIGHT be interesting to submit a further CCA s.77-79 request, letting them know that you are reclaiming PPI. Some idiot may well decide to put a tick in the PPI 'Yes' box. Don't laugh - this is not unheard of. If they do, then you may have got them by the short and curlies, and improved your negotiating power ten-fold !!!

Thanks for the suggestion have submitted an amended claim dating back to 1982 for just under
£30,000. 1982-1999 estimated with average monthly PPI payments and 1999-2007 with statements.
Now just wait and see ?

[Bill-K]

Re: Barclaycard PPI

I guess so.

[di30]

Re: Barclaycard PPI

Just a thought - and entirely up to you - but seeing as the copy of the Applic. form you have was supplied around 5 years ago, it MIGHT be interesting to submit a further CCA s.77-79 request, letting them know that you are reclaiming PPI. Some idiot may well decide to put a tick in the PPI 'Yes' box. Don't laugh - this is not unheard of. If they do, then you may have got them by the short and curlies, and improved your negotiating power ten-fold !!!

I think that's a fab idea and something I would do in this position too!

[brown1950]

Re: Barclaycard PPI

UPDATE

Letter received from Barclaycard with a new calculation refund.

Breakdown is :-

Refund of payments made for PPI cover = £505.20
Refund of interest charged on PPI Premiums= £1326.24
8% Simple interest = £ 108.98

Considering i provided statements dating back to 1999 i think this not a fair refund!
I will be contacting Barclaycard asking them for more information (ie) dates/calculations/rates of interest/
1982-1999 estimates ?
From reading this and other sites i expect this information will not be forthcoming from Barclaycard
in fact i read on another forum a LIP recently lost a PPI case against Barclaycard where a claim was made for full disclosure of the PPI calculations and payment of estimated PPI payments (where no statements were available)
Looks like another FOS claim !

[Bill-K]

Re: Barclaycard PPI

Yep. Approx. 18 months wait, last I heard...

[brown1950]

Re: Barclaycard PPI

Claim is still with the FOS - In the meantime i received a new calculation from Barclaycard and payment of just over £2,000 (LOL) which according to barclaycard settled my claim in full from 1989 up to 2007 (when PPI was cancelled)-This latest development has been passed over to FOS

As this latest payment from Barclaycard was made in Dec 13 am i entitled to extra 8% interest from 2007 to (payment date) Dec 2013 ?