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Northern Rock PPI - refunded!


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I just thought I'd post this as I'm currently in a state of bewilderment and disbelief.

 

I've been struggling with debt for as long as I can remember and have recently resorted to getting an IVA. My creditors' meeting was yesterday (17th Feb) and today I got the call to say that my proposal had been accepted. £40,000 down to £9000 :eek: in about 5 weeks - I was on Cloud 9.

 

It doesn't end there though. I got home a couple of hours ago and started sorting though the pile of unopened post on my desk. Mostly bills and 'overdue' notices and one letter from Northern Rock. It nearly went straight into the shredder with the rest of the post as I had paid the loan off in 2008 but I decided to pass a cursory glance over it.

 

I was a little confused at first when I saw it was about my PPI claim as I was sure I had received a letter from them ages ago turning my request down, (as happened with all the other companies I had loans with) but to my astonishment it said that they had accepted that they had not given me enough information when selling me the PPI back in 2005 and are going to refund me £2249.

 

I paid the loan off early in May 2008 and made the PPI claim shortly after that. So about 18 months later I certainly wasn't expecting this. In fact I can safely say I had forgotten all about it.

 

All-in-all, today has been a good day.:)

 

I hope that my experience will give those of you still fighting to get your mis-sold PPI's refuned some assurance that there is light at the end of the tunnel.

 

Toby

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That is very good news.

 

Have they offered you interest on the PPI. If not, then go and get it. There is no reason why you shouldn't claim this too

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