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Am I in for a record or a dissapointment

FOS has ruled that MBNA must reconstruct my CC acc. removing PPI and any associated interesat and charges. The account goes back to 1993 and FOS has confirme dthe award had no restriction time-wise. The balance of the card has been on average £3k with PPi at 80p per £100. I've not heard back from them yet ( they have another 2 weeks to confirm the settlement and how they worked it out, but if my calculations are right, baring in mind they've been charging between 20 and for the last good few years 30% interest, am I in for a bumper sum?.....anyone know?

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You said "if my calculations are right". What do your calculations show the estimated payout to be?

    I thought 'statute barred' kicked in after 6 years? Is PPI mis-selling(?) different?
  • CannyJock
    CannyJock Posts: 3,838 Forumite
    1,000 Posts Combo Breaker
    Or 5 years this side of Carlisle
    "A child of five could understand this. Fetch me a child of five." - Groucho Marx
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