Current Account Overdraft PPI Reclaim

[suga]

Hello guys,

Made a claim in 2012 for O/d ppi which was upheld  in 2013.  

I was not happy with refund amount and returned their cheque back.

this account had balance of £2000.

 

then again In 2017 Barclays sent me a letter which states , 

I have ppi policy with them and they tried to contact me and their letter was retuned back from my address( which is not true)

 

I need advice :

1-Should I start a new claim or just remind them about the previous outcome and details ?

2- Also there were penalty charges on this account due to over draw should I claim them as well ?( it was current account)

 

[dx100uk]

start a  new claim

if they want to bring up the old one, they will.

 

if any penalty charges were the result of the [wrongly] inflated OD , then they should refund those too.

 

I suspect, though with Barclays I've not seen it yet, they could refuse as you've know about the PPI for more than 6yrs and could use statute barring sadly.

[suga]

Thanks dx100

I might start a new claim for ppi.

Should I claim penalty charges separately ?

Can you please help with latest spread sheet and any template .

what interest rate should I apply for O/D ppi  and penalty charges ?

your help appreciated 

[dx100uk]

nothing has changed since your last successful claim here.

time for you to do research here too

dx

[suga]

Thanks dx

I going to look into old template and spready and send off as a new claim hope that will be ok

[dx100uk]

as post 2 though

 

dx

 

[suga]

Penalty charges and ppi 2 separate claims or together ?

[dx100uk]

as I said AFAIK you cant claim Penalty fees anymore other than those caused by the inflated balance of the PPI

2 PPI claims?

 

[suga]

Hi dx

Ok , how would one will assess they have inflated the balance. For example if 2 or 3 penalties charged in one month ? 

Or any other way ? 

 

[dx100uk]

if the ppi refund figure to the date of the charge made the a/c go into credit, thus they cant levy late/overlimit, there was actually nowt to pay.

 

dx

[suga]

That is good thanks dx 

basically if all penalty had been taken off /would not have been levied and rif account goes into credit after ppi refund it means they are reclaimable ?  

 

[dx100uk]

no..

 

the PPI refund figure accumulates by date

the later the date the more is refunded

 

so say for example :

 

you had a £12 overlimit fee in 01/01/2010.

 

from the date the PPI started

to the date of the CHARGE

if the PPI refund [to that  charges date] exceeded how must you were in debt AT THAT POINT

you would not owe them anything, so the charge is invalid so must be refunded too.

 

geddit yet?

 

 

 

 

 

[slick132]

Get the PPI issue sorted first as the deadline in soon.

 

Look at possible consequential penalty charge refunds after.

 

[suga]

Hello Slick

what interest rate should I use for overdraft ppi 

8% normal or resti like 24% plus to reclaim ?

 

[dx100uk]

theirs whilst they charged it, CISHEET.

then that figure into the statint sheet the day after

 

so what date did they stop their int?

 

[suga]

hi dx

their last  interest  charged was  on 18/2/2009

[dx100uk]

ok so CISHEET claim to date set to that

take the total from that and put it in the statint sheet the day after as a whole sum

you are entitled to 8% stat int once theirs stops

 

[suga]

hi Dx

thanks dx , I will sort this out first.

[suga]

Hi dx and slick ,

account was closed on 21/2/09

last ppi charged    2/01/09

last interest charge date- 18/2/09

all ppi charges until last interest charged date, entered into cisheet

then  transferred into statin sheet?

 

[dx100uk]

As post 17

Cisheet claim to date 18/2

Statint whole cisheet figure at 19/2/09

[suga]

Hi dx and slick ,

account was closed on 21/2/09

last ppi charged    2/01/09

last interest charge date- 18/2/09

all ppi charges until last interest charged date, entered into cisheet

then  transferred into statin sheet?

I think it is ok ?

could not attach file

[dx100uk]

the whole cisheet figure 

[suga]

Thanks again

okie dokie

 

postage address

1 churchil place

or

Retail banking customer relation

Leicester

I hope Im not missing thing

[dx100uk]

Let slick132 confirm address

[slick132]

Head Office Customer Relations

1 Churchill Place

London

E14 5HP

 

That should be ok.