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  • FIRST POST
    • Gazza1591
    • By Gazza1591 3rd Oct 17, 5:27 PM
    • 5Posts
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    Gazza1591
    Ppi help
    • #1
    • 3rd Oct 17, 5:27 PM
    Ppi help 3rd Oct 17 at 5:27 PM
    Hi all

    Made 2 claims for PPI with Natwest and they have agreed to pay back £1200.now I have an over draft of £1500 that I owe about £1400 on will this money they are going to pay in reduce this over draft down to £200 but will I still have the use of all £1500 if I ever need it again ?

    Only reason I ask is I had a text off RBS thst said this at the end of it Please note if you are / have been insolvent or have outstanding debt on accounts held with RBS Group your payment may be impacted.

    So I'm reading this as they will add the £1200 to my account and my over draft will then be set at £300
Page 1
    • zx81
    • By zx81 3rd Oct 17, 6:18 PM
    • 13,670 Posts
    • 14,124 Thanks
    zx81
    • #2
    • 3rd Oct 17, 6:18 PM
    • #2
    • 3rd Oct 17, 6:18 PM
    If they pay it into that account, it will reduce the overdraft used.

    However, it won't change the limit if that is an authorised limit.
    • Gazza1591
    • By Gazza1591 3rd Oct 17, 6:31 PM
    • 5 Posts
    • 0 Thanks
    Gazza1591
    • #3
    • 3rd Oct 17, 6:31 PM
    • #3
    • 3rd Oct 17, 6:31 PM
    Ah ok that's good news then,I'm hoping I will never go above the £200 this will take it down to againnany way but it's good to know it's there if needs be still
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