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Should I take these offers from Lloyds TSB? Or go to the Ombudsman?
tina1981
Posts: 64 Forumite
I have finally got responses from lloyds regarding ppi for 3 loans I've had with them, 2 of these I had consolidated
Loan 1
took out on 15/10/02 for £2000.
PPI was a one off premium of £518.62 plus interest.
They have said that when I settled this loan on 12/04/04 that I received a net rebate on the PPI for £319.67.
They are willing to offer me the difference of £69.37.
Does anybody know if this sounds right?
Loan 2
took out loan on 12/01/04 for £5070.
PPI payment was a one off premium for £951.01 plus interest
Lloyds are not offering anything for this loan.
Loan 3
took out loan on 03/10/07 for £5000
PPI was a one off premium of £1211.04 plus interest
they said I received a net rebate for £444.86.
They are offering me the difference of £249.41
Does anybody know if the figures they are offering me sound about right or do you think I am entitled to more.
I'm defo gonna refer loan number 2 to the ombudsman but not sure where I stand with the other two.
Any help/ advice would be much appreciated.
Loan 1
took out on 15/10/02 for £2000.
PPI was a one off premium of £518.62 plus interest.
They have said that when I settled this loan on 12/04/04 that I received a net rebate on the PPI for £319.67.
They are willing to offer me the difference of £69.37.
Does anybody know if this sounds right?
Loan 2
took out loan on 12/01/04 for £5070.
PPI payment was a one off premium for £951.01 plus interest
Lloyds are not offering anything for this loan.
Loan 3
took out loan on 03/10/07 for £5000
PPI was a one off premium of £1211.04 plus interest
they said I received a net rebate for £444.86.
They are offering me the difference of £249.41
Does anybody know if the figures they are offering me sound about right or do you think I am entitled to more.
I'm defo gonna refer loan number 2 to the ombudsman but not sure where I stand with the other two.
Any help/ advice would be much appreciated.
0
Comments
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Hi, have they mentioned the repayments you made against the PPI and interest and also 8% statutory interest? None of their "differences" add up????0
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Tina, these sound quite low and certainly not going to put you back into the position as if you never had the PPI from what i can tell. I would write back and say that you want to be put back into the position as you would have been in without ANY ppi being added to your loans and 8% statutory interest. If they do not then you always have the opportunity of going to the FOS.0
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thanks marshallka, I think I will do that. I was adding up the PPI payments that I had made to each loan and the amounts they are offering me is no where near the amount of PPI I had paid on each loan.0
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