Fla what do they do

hi DX,It was took out in 2002 well before FSCS deadline.

Took a secured loan out with welcome with the usual you won't get the loan without PPI rubbish been trying to get it back since 2009 with no joy. First I tried welcome they told me to get stuffed so went down FOS route they say they can't help as welcome didn't come under there jurisdiction took them 18 months to come to that conclusion. So my question is where do I go from here if anywhere.

Welcome finance FOS Rejected

So FOS turned my claim down with Welcome What's next for me ? They must have been governed by someone or is this a lost cause.

So send it back then

So I received a cheque for £1800 from MBNA which I plan on keeping as partial payment of full settlement can anyone point me in the right direction on a letter to send to MBNA requesting the rest of the refund there offer is £2500 short of my workings out using the spreadsheets

Thanks to your letter you drafted for me Andy it worked a treat. Thank you

Update: Result FSCS Sent me a cheque for £5500 for a loan i had with GE Money but the Brooker was Freedom finance after an initial rejection from FSCS sent them a letter asking them to reconsider investigating claim thanks to the letter Andy knocked up for me so thank you very much and a donation on way once everything is cleared.thanks everyone on here who has helped only about another 10 to go lol but with all the caggers help im sure i will get there.Dave

Hi All, Was just going through my SAR from Halifax very confusing but I came across a Mortgage indemnity insurance of £7100 can anyone explain what this is please. thanks Dave

Update: Recieved offer from HSBC for PPI on 2 CC of £850 but didnt offer any associated interest. And an offer from MBNA for PPI on CC for £1800 but is very low offer compared to spreadsheet.

My spreadsheet using 24.9% which MBNA quoted me as being the interest rate for the life of the card was £3130 that was until the date of closing the card. So there was total Premiums of £1030 with associated interest of £2108.

Update:Recieved an offer from MBNA offering to refund £1800 pounds seems like a very low offer to me but shall wait for the letter to explain how they came to the amount offered.

Also a letter from FSCS saying my claim is being reconsidered.

UPDATEReceived SAR from Halifax for the mortgage i had only 3 weeks late but nevermind loads to go through.Letter back from MBNA rejecting Penalty Charges so will send LBA later.Letter form GE Money point blank Refusing to pay any penalty charges stating they are all fair.MBNA PPI still under investigation response by 8th July.Letter from Barclaycard saying there was no check with the SAR request Load of Rubbish.Blackhorse Claiming they cant find any info on me even though i have car finance with them still absolute joke.Letter from HFC asking me to send some sort of identifacation.

Update.Recieved letter Today Rejecting Penalty Charges saying they were pretty much fair so will try sending LBA.And PPI Claim still being investigated and a response will be issued by 8th July.

Got a response to the letter I sent to FSCS asking them to reconsider rejecting my claim. It's only to say they are re investigating my complaint but its a start. Cheers for the idea and letter suggestion from andybars.

I did send the claims off though thinking they where correct whoops. But did get a letter this morning from MBNA saying they are investigating and will have a decision within 28 days lol. I suppose that decision will be a do one son from MBNA. Will wait and see.

Thank you DX It's still a nice sum anyway if I get it that is lol

Lol citizen me to I've not sent them yet though. Received response from MBNA this morning just to say they are investigating my account and will have a response within 28 days.

Great job mate

Hiya ims21 or anyone else. Just reading the interest tutorial on consumer wiki it states on there that the compound interest should be applied from the first charge to the date of judgement or settlement.

Well just using guesstimates as I've left all the paperwork at work but the PPI reclaim is still over 10k And charges over 20k so anywhere near those would be amazing

Ok thanks ims21 Will change them both and report back

Thanks ims21 So that's a bit wrong will go change that lol What about charges is that the same.