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  • FIRST POST
    • Trislander
    • By Trislander 9th Oct 17, 7:15 PM
    • 15Posts
    • 0Thanks
    Trislander
    What should I do??
    • #1
    • 9th Oct 17, 7:15 PM
    What should I do?? 9th Oct 17 at 7:15 PM
    I have received today a letter from FOS to advise me MBNA will now offer to pay me back 50% of the commission from my PPI after MBNA had rejected my claim. I don't know what that amounts to and FOS say it's a fair offer. Should I accept or reject?
    I have found I was being charged £75 a month PPI so don't know if anyone has an idea of what I can't expect
Page 1
    • Moneyineptitude
    • By Moneyineptitude 9th Oct 17, 7:20 PM
    • 18,900 Posts
    • 10,121 Thanks
    Moneyineptitude
    • #2
    • 9th Oct 17, 7:20 PM
    • #2
    • 9th Oct 17, 7:20 PM
    Should I accept or reject?
    Originally posted by Trislander
    If you reject the offer, you'll get nothing at all...
    I have found I was being charged £75 a month PPI
    Originally posted by Trislander
    The PPI you paid each month is irrelevant if this is about Plevin commission
    • societys child
    • By societys child 9th Oct 17, 8:00 PM
    • 4,893 Posts
    • 5,333 Thanks
    societys child
    • #3
    • 9th Oct 17, 8:00 PM
    • #3
    • 9th Oct 17, 8:00 PM
    Should I accept or reject?
    It's not negotiable . .

    • Trislander
    • By Trislander 9th Oct 17, 8:10 PM
    • 15 Posts
    • 0 Thanks
    Trislander
    • #4
    • 9th Oct 17, 8:10 PM
    • #4
    • 9th Oct 17, 8:10 PM
    The letter from FOS says if I don't wish to accept to let them know by 19th October
    • Moneyineptitude
    • By Moneyineptitude 9th Oct 17, 8:18 PM
    • 18,900 Posts
    • 10,121 Thanks
    Moneyineptitude
    • #5
    • 9th Oct 17, 8:18 PM
    • #5
    • 9th Oct 17, 8:18 PM
    The letter from FOS says if I don't wish to accept to let them know by 19th October
    Originally posted by Trislander
    No one here has said you cannot refuse your refund.
    • Trislander
    • By Trislander 9th Oct 17, 8:23 PM
    • 15 Posts
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    Trislander
    • #6
    • 9th Oct 17, 8:23 PM
    • #6
    • 9th Oct 17, 8:23 PM
    And appeal via FOS
    • dunstonh
    • By dunstonh 9th Oct 17, 8:42 PM
    • 89,898 Posts
    • 56,572 Thanks
    dunstonh
    • #7
    • 9th Oct 17, 8:42 PM
    • #7
    • 9th Oct 17, 8:42 PM
    Should I accept or reject?
    Strange question. Nothing or something. Something is better than nothing.

    The letter from FOS says if I don't wish to accept to let them know by 19th October
    Your complaint failed and the FOS adjudicator did not overrule the complaint. Your choices are
    1 - accept
    2 - reject and get the same outcome from an ombudsman (ombudsman only overrule in around 1 in 10 cases and they are nearly all on the more complicated issues. Not the easy stuff like PPI). If you reject that, you get nothing.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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