Money Health Check for PPI (well not just them I guess)
19 September 2012, 04:59 PM
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Money Health Check for PPI (well not just them I guess)
Anyone else used them for reclaiming PPI ?
Yes I know I should have done it myself but I'm lazy and it's money I have never had, but I have already had 7k back through them
I know someone on here has used them as thats how I heard of them
But I have a question
Originally I signed all the forms they sent out etc and like I say I have already had 7k back from them
The last (big ) one they wrote to me asking if I settled their fee within 7 days they would give me 10% discount from the fee
However they have sent me a letter today with some forms to sign that effectively say
'Under the rules of customer confidentiality any case we present to a lender must be accompanied by a letter of authority carrying my original signature'
Please find enclosed a letter of authority for each claim you may have plus 2 extra copies. One is for our records and the other is an additional copy should a further claim come to light
Anyway, they have only enclosed 2 letters, and I have several claims (about 6-10) going on with them and if it needs to be an original signature then why only send 2 blank forms
On the form itself (which is my biggest issue) the last clause is the following
'Pay any compensation that may be payable direct to Money Health Check'
This statement is completly against the original agreement which is I receive the money then pay them their fees
Anyone else aware of this ?
Yes I know I should have done it myself but I'm lazy and it's money I have never had, but I have already had 7k back through them
I know someone on here has used them as thats how I heard of them
But I have a question
Originally I signed all the forms they sent out etc and like I say I have already had 7k back from them
The last (big ) one they wrote to me asking if I settled their fee within 7 days they would give me 10% discount from the fee
However they have sent me a letter today with some forms to sign that effectively say
'Under the rules of customer confidentiality any case we present to a lender must be accompanied by a letter of authority carrying my original signature'
Please find enclosed a letter of authority for each claim you may have plus 2 extra copies. One is for our records and the other is an additional copy should a further claim come to light
Anyway, they have only enclosed 2 letters, and I have several claims (about 6-10) going on with them and if it needs to be an original signature then why only send 2 blank forms
On the form itself (which is my biggest issue) the last clause is the following
'Pay any compensation that may be payable direct to Money Health Check'
This statement is completly against the original agreement which is I receive the money then pay them their fees
Anyone else aware of this ?
20 September 2012, 02:47 PM
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No idea I'm afraid mate. Is this something the financial Ombudsman could help you with.
For any future claims, just write to the institution directly yourself! There are template letters you can use. This is all these PPi compensation people do and charge you x% of your payout for work a trained monkey can do!!
I've just got 3k back in payments for a PPi scheme that should never even have been offered to me as I was not in permanent employment at the time!!
Letter took 5 minutes of my time to prepare. Santander (all credit to them) responded very quickly saying they'd investigated and I should receive a refund with interest. It was that simple!
For any future claims, just write to the institution directly yourself! There are template letters you can use. This is all these PPi compensation people do and charge you x% of your payout for work a trained monkey can do!!
I've just got 3k back in payments for a PPi scheme that should never even have been offered to me as I was not in permanent employment at the time!!
Letter took 5 minutes of my time to prepare. Santander (all credit to them) responded very quickly saying they'd investigated and I should receive a refund with interest. It was that simple!
20 September 2012, 03:33 PM
#3
Anyone else used them for reclaiming PPI ?
Yes I know I should have done it myself but I'm lazy and it's money I have never had, but I have already had 7k back through them
I know someone on here has used them as thats how I heard of them
But I have a question
Originally I signed all the forms they sent out etc and like I say I have already had 7k back from them
The last (big ) one they wrote to me asking if I settled their fee within 7 days they would give me 10% discount from the fee
However they have sent me a letter today with some forms to sign that effectively say
'Under the rules of customer confidentiality any case we present to a lender must be accompanied by a letter of authority carrying my original signature'
Please find enclosed a letter of authority for each claim you may have plus 2 extra copies. One is for our records and the other is an additional copy should a further claim come to light
Anyway, they have only enclosed 2 letters, and I have several claims (about 6-10) going on with them and if it needs to be an original signature then why only send 2 blank forms
On the form itself (which is my biggest issue) the last clause is the following
'Pay any compensation that may be payable direct to Money Health Check'
This statement is completly against the original agreement which is I receive the money then pay them their fees
Anyone else aware of this ?
Yes I know I should have done it myself but I'm lazy and it's money I have never had, but I have already had 7k back through them
I know someone on here has used them as thats how I heard of them
But I have a question
Originally I signed all the forms they sent out etc and like I say I have already had 7k back from them
The last (big ) one they wrote to me asking if I settled their fee within 7 days they would give me 10% discount from the fee
However they have sent me a letter today with some forms to sign that effectively say
'Under the rules of customer confidentiality any case we present to a lender must be accompanied by a letter of authority carrying my original signature'
Please find enclosed a letter of authority for each claim you may have plus 2 extra copies. One is for our records and the other is an additional copy should a further claim come to light
Anyway, they have only enclosed 2 letters, and I have several claims (about 6-10) going on with them and if it needs to be an original signature then why only send 2 blank forms
On the form itself (which is my biggest issue) the last clause is the following
'Pay any compensation that may be payable direct to Money Health Check'
This statement is completly against the original agreement which is I receive the money then pay them their fees
Anyone else aware of this ?
I did not have to pay out a % either or try and find the loan numbers, the banks are obliged to help you find this stuff out and then pay up if your entitled.
20 September 2012, 03:49 PM
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I had all the info, all credit agreements etc apart from one, which I still cant find
Most of them told me to bugger off, Building Society told me to do one, credit card said tough luck you signed the form, and another one said you took the ppi out before the law said we mis-sold so tough
Most of them told me to bugger off, Building Society told me to do one, credit card said tough luck you signed the form, and another one said you took the ppi out before the law said we mis-sold so tough
20 September 2012, 05:03 PM
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I had all the info, all credit agreements etc apart from one, which I still cant find
Most of them told me to bugger off, Building Society told me to do one, credit card said tough luck you signed the form, and another one said you took the ppi out before the law said we mis-sold so tough
Most of them told me to bugger off, Building Society told me to do one, credit card said tough luck you signed the form, and another one said you took the ppi out before the law said we mis-sold so tough
20 September 2012, 06:06 PM
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Yes, I am going to the omdubsman myself over those as MHC told there is no point
Its worth a punt with them, but need to do it soon before the time runs out LOL
Its worth a punt with them, but need to do it soon before the time runs out LOL
20 September 2012, 06:46 PM
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I've had various loans, credit cards, car finance etc, but how do I know if I had PPI? I don't have any documentation from them, so really I would have no chance of claiming anything back would I?
Never really thought about it before.......
Never really thought about it before.......
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21 September 2012, 12:01 PM
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Chris, you need to write to the place you have/had the loan with requesting details of the loan. They are legally obliged to tell you.
DO NOT use any of these PPi claim-back services as they will take a cut of your money for basically sending out a template letter!
Info here and template letters available here:
http://www.moneysavingexpert.com/rec...loan-insurance
DO NOT use any of these PPi claim-back services as they will take a cut of your money for basically sending out a template letter!
Info here and template letters available here:
http://www.moneysavingexpert.com/rec...loan-insurance
21 September 2012, 12:14 PM
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This whole PPI thing makes my blood boil!
OK, the banks missold, I am not defending that, but we have people who have claimed it back who knew or asked for it, and we have even had some cases where people have claimed for it when they made a claim on their PPI!
It's simply easier to pay out than investigate or contest. W@nkers.
Geezer
OK, the banks missold, I am not defending that, but we have people who have claimed it back who knew or asked for it, and we have even had some cases where people have claimed for it when they made a claim on their PPI!
It's simply easier to pay out than investigate or contest. W@nkers.
Geezer
Last edited by Geezer; 21 September 2012 at 12:15 PM.
21 September 2012, 04:31 PM
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This whole PPI thing makes my blood boil!
OK, the banks missold, I am not defending that, but we have people who have claimed it back who knew or asked for it, and we have even had some cases where people have claimed for it when they made a claim on their PPI!
It's simply easier to pay out than investigate or contest. W@nkers.
Geezer
OK, the banks missold, I am not defending that, but we have people who have claimed it back who knew or asked for it, and we have even had some cases where people have claimed for it when they made a claim on their PPI!
It's simply easier to pay out than investigate or contest. W@nkers.
Geezer
21 September 2012, 05:11 PM
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FPMSL @ the negativity
I was mis-sold I got made redundant and couldn't claim, went to debt recovery ****ed up my credit rating for years
the PPI sellers are the tossers, and ironically the PPI Claims companies are the same people who sold you the PPI in the first place
I was mis-sold I got made redundant and couldn't claim, went to debt recovery ****ed up my credit rating for years
the PPI sellers are the tossers, and ironically the PPI Claims companies are the same people who sold you the PPI in the first place
21 September 2012, 06:37 PM
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9 billion has been put aside for expected compensation claims apparently.
I repeat: DO NOT GO TO PPI COMPENSATION COMPANIES. They will take up to 20% of your money for sending the bank a template letter, which you can do yourself in 5 mins! There is absolutely nothing complicated or involved about it!
If you think you have been mis-sold a policy go right to the source directly.
As for people making spurious claims to get money they're not entitled to. Parasites. End of!
I repeat: DO NOT GO TO PPI COMPENSATION COMPANIES. They will take up to 20% of your money for sending the bank a template letter, which you can do yourself in 5 mins! There is absolutely nothing complicated or involved about it!
If you think you have been mis-sold a policy go right to the source directly.
As for people making spurious claims to get money they're not entitled to. Parasites. End of!
Last edited by New_scooby_04; 21 September 2012 at 06:38 PM.
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