[Closed] PPI

Do follow it up but, there's not much point in getting someone else to do it.

Barclaycard have a online form it took minutes for me to fill in and then 2 weeks later I had a nice healthy sum in my bank account.

https://singletrackworld.com/forum/topic/ppi-claims-2/

Seems odd they can only search on card details...

Tbh the claims firms don’t do much, they fire off the same sort of standard form letter you can download from places like MSE.

I’m sure it’s not escaped your attention that the powers that be have decided that the banks have been punished enough for the credit crunch and we’re all sick of PPI ads and there’s a deadline for claims this August.

Shall I set one of those PPI companies off on the search

No.

Go here:

https://www.which.co.uk/consumer-rights/advice/how-to-reclaim-mis-sold-ppi

Click on "Barclays".

Wait for the cheque to arrive.

The days of “hitting Send” and receiving a cheque 2 weeks later are pretty much a thing of the past unless you can prove a valid case.

What info can you give them? Full account number and address at that time?

I got knocked back by Egg/Barclaycard with them saying I misbought rather than was missold. I couldn’t be arsed to appeal so left it.

12 months later got a cheque as the plevin ruling meant they had to pay back excessive comission.

The days of “hitting Send” and receiving a cheque 2 weeks later are pretty much a thing of the past unless you can prove a valid case.

Nope. You give them provide the info for the start and you're done. For me it's because they told me I'd get better interest, I've also been employed by the same employer who provides sickness cover.

12 months later got a cheque as the plevin ruling meant they had to pay back excessive comission.

I was initially knocked back by EGG on a PPI claim then a week later the Plevin letter came which was nice, then a couple of months after another cheque for a couple of hundred quid because the Plevin had been miscalculated.

Mr/Mrs/Miss Plevin I salute you.

The days of “hitting Send” and receiving a cheque 2 weeks later are pretty much a thing of the past unless you can prove a valid case.

Not true. The banks and financial institutions have been found guilty of engaging in deliberate practices to mis-sell financial products to people and also including it and charging for it without consumers knowing, being consulted or given the option of opting out. the burden of proof is upon them to demonstrate and prove they did not screw you over, so if they reject your PPI claim it is they who have to demonstrate and prove why it is they are not culpable. Which of course they can't and often they can't even prove you had PPI packed up in your financial products, so as long as you can demonstrate you had a product with them then often the banks just pay out a nominal sum as they cannot prove anything.

@Drac and @wobbliscot

Sorry chaps but I disagree. Often they write back saying they can’t find anything and it’s you that has to provide further evidence else raise it with the ombudsman blah blah.

I submitted about 20 applications 18 months ago and only 1 paid up. The latter did so as they took me on my word even though I had no proof. The others were a mix of i) we cannot find any PPI associated with your agreement or ii) we can’t find any record of anything you provided.

Some people might still get lucky if they have no evidence. Worth trying. But don’t expect the payouts that were being thrown around 5 years ago.

So as I initially said, if you can find some proof then you’ve a much stronger case. If you can’t then don’t rely on them to be kind hearted.

EDIT: the one that paid me only did so after calling me a number of times to clarify some additional information.

Note you’ve only got until the end of August to make a claim and then they’re all time barred...

I took Egg as far as the FOS and still lost so it’s not a nailed on payout by any means. The firms have got better at defending them as time has gone on.

thanks for that which link
I was with EGG and Barclays, and I got a cheque a couple of months ago from Barclays, £150ish, with a letter that just said *We cannot guarantee that we handled your accounts properly* or suchlike. So Im wondering if that was at all connected with PPI.
I hadnt tried to claim before, but it does seem like an admission of guilt, should I send the boys round?

Barclaycard have a online form it took minutes for me to fill in and then 2 weeks later I had a nice healthy sum in my bank account.

trouble is that I did this and they said I had none - but that girl on their support line told me I had PPI on my account that time I called.

I never did anything about it as I didn't think I could have - but it has always bugged me.

So I am tempted to 'unlease the PPI dogs' on them, but they seem to all be shyters anyway so deciding which shyster to use is blocking me.

Maybe I will look for some other contact at Barclaycard to chase.

I phoned them up - turns out that somehow they didn't use one of my addresses on the search - seems funny that they can't pick up your addresses from your account.

So the 'PPI dogs' will be left alone and I will do another form/query to check that address.

For Barclays you can also request the data that they will be searching on, here :

https://www.barclays.co.uk/important-information/control-your-data/

("Request Your Data" - https://www.apply.barclays.co.uk/forms/gdpr?execution=e1s1)

Yeah. All the PPI companies will do is forward on the info you provide, then take a third of the payout in return. They're not adding anything of value.

The PPI companies do have a few tricks, they build up a massive pile of claims which they submit in a single hit, knowing that the bank can't process them all within the allotted time. The idea being the bank will just concede and settle them rather than get fined for exceeding the statutory assessment period. Not very moral mind....

I used Resolvr.