Kay 3,709 Posted August 4, 2016 Report Share Posted August 4, 2016 Some years ago I took out a small personal bank loan with the Yorkshire bank & had PPI on the loan basically because they said I had to have it in case I was made redundant etc . The loans been paid off & I have never given any thought to claiming back the PPI ... so I was surprised to get this letter off the bank inviting me to claim back the PPI Has anyone else had any letter off there banks as I am a bit puzzled there basically admitting it was miss sold to me , I thought the banks only got to make any pay outs when it was pursued by a third party company I cant remember when I took the loan out tbh & have no idea where I worked at the time so cant fill in the form anyway is it worh me writing a cover note telling them I have no idea where I was working at the time & I have no paperwork for the loan ... or shall i just bin it ? Quote Link to post Share on other sites
walshie 2,804 Posted August 4, 2016 Report Share Posted August 4, 2016 If you're sure it's from your bank, go for it! Write back and say you need some help with the exact details as they obviously know all about it. Banks have to pay it back anyway. These 3rd party companies just charge a fortune for what you could easily do yourself. Quote Link to post Share on other sites
albert64 1,882 Posted August 4, 2016 Report Share Posted August 4, 2016 Go for it they'll have all the information you need Quote Link to post Share on other sites
Nik_B 3,790 Posted August 4, 2016 Report Share Posted August 4, 2016 Make sure it's really your bank. Quote Link to post Share on other sites
VOON 1,317 Posted August 4, 2016 Report Share Posted August 4, 2016 (edited) Some years ago I took out a small personal bank loan with the Yorkshire bank & had PPI on the loan basically because they said I had to have it in case I was made redundant etc . The loans been paid off & I have never given any thought to claiming back the PPI ... so I was surprised to get this letter off the bank inviting me to claim back the PPI Has anyone else had any letter off there banks as I am a bit puzzled there basically admitting it was miss sold to me , I thought the banks only got to make any pay outs when it was pursued by a third party company I cant remember when I took the loan out tbh & have no idea where I worked at the time so cant fill in the form anyway is it worh me writing a cover note telling them I have no idea where I was working at the time & I have no paperwork for the loan ... or shall i just bin it ? Ring them and ask them the craic, they'll bend over backwards to get you sorted out. In Ireland the onus is on them to sort out customers that were misssold products that were no benefit to them or the financial regulator will chew them out...plus it looks bad and they're afraid heads will roll at the top. Edited August 4, 2016 by VOON Quote Link to post Share on other sites
Welsh_red 4,789 Posted August 4, 2016 Report Share Posted August 4, 2016 I got near 2k back from ppi. I went on the money saving expert website, filled in the form and sent it off . It is quite easy to do and no need for 3rd party . I'm crap things like that and I managed to get it done . I would be a bit mistrusting of the bank sending post to me . If it was the bank they would have all your details ready anyway Quote Link to post Share on other sites
Kay 3,709 Posted August 4, 2016 Author Report Share Posted August 4, 2016 I got near 2k back from ppi. I went on the money saving expert website, filled in the form and sent it off . It is quite easy to do and no need for 3rd party . I'm crap things like that and I managed to get it done . I would be a bit mistrusting of the bank sending post to me . If it was the bank they would have all your details ready anyway Thats why I asked on here if anyone else has had any letter direct from there bank... I have never heard of it before, I think I am going to ring up and ask first Thanks for the replies folks much appreciated Quote Link to post Share on other sites
arcticgun 4,548 Posted August 4, 2016 Report Share Posted August 4, 2016 If it's on banks letterheads etc it should be fine but contact branch with reference code All banks have too have a fund set aside too pay off this problem so some do contact folk too try cut out middleman think it's too show they decent but the law forced them too do this get stick in you have much too twin n little too loose good luck Quote Link to post Share on other sites
tatsblisters 10,510 Posted August 4, 2016 Report Share Posted August 4, 2016 The wife got the same letter and claimed it back with no paracitic solicitors involved taking their cutt. Quote Link to post Share on other sites
steg 609 Posted August 4, 2016 Report Share Posted August 4, 2016 Bank wrote to me..Tsb (might have been LloydsTsb at the time though? ) admitting it was miss sold. Got almost 3k. Took 6-8 weeks from receiving letter to money in bank. Quote Link to post Share on other sites
DIDO.1 22,851 Posted August 4, 2016 Report Share Posted August 4, 2016 Got 400 back after Lloyd's wrote to me Quote Link to post Share on other sites
Gaz_1989 9,539 Posted August 4, 2016 Report Share Posted August 4, 2016 Yep my missus got a letter last year off her bank. Claimed it direct off them. She got just under £1000. I thought it was strange them holding their hands up and offering you to claim but it must work in their favour as opposed to you getting a third party company involved. Quote Link to post Share on other sites
trigger2 3,168 Posted August 4, 2016 Report Share Posted August 4, 2016 i know to a couple of people who have claimed it back there selves by all accounts it was easy enough done. theres no need for a 3rd party involvement from what i can gather. Quote Link to post Share on other sites
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