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HSBC PPI Claim Success!
Comments
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Hi I just found out I've got 2 ppi going back to 2003 both with hsbc but if not kept the paperwork from then..who does? Lol do I have to fill out hsbc ppi form or has anybody just walked in an asked? An by law have they got to tell me if I have or can they just brush me off ??
Thanks in advance
There is no law per se, if you ask they have to make reasonable efforts to find out if you did and then let you know. They are allowed to make a mistake e.g. if your details were misfiled or whatever. Banks tend to keep financial data for 6 years minimum after an account is closed then might either archive it off or delete it.Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Ok thanks it's same account 1st one I opened with them0
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Just an update I have been offered over £500 I didn't accept but the bank payed it straight in my bank, I can still escalate the case but I'm not sure what it would do, has anybody rejected an offer an then got offered more ?0
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Why would you get more?
Is there an error in their calculations? If so, just let them know and they will undoubtedly send the remainder.0 -
Just an update I have been offered over £500 I didn't accept but the bank payed it straight in my bank, I can still escalate the case but I'm not sure what it would do, has anybody rejected an offer an then got offered more ?
Redress payments are a defined calculation. There is no haggling involved. So, the only reason to query is if the figures in the calculation are wrong.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Just an update I have been offered over £500 I didn't accept but the bank payed it straight in my bank, I can still escalate the case but I'm not sure what it would do, has anybody rejected an offer an then got offered more ?
Nobody has rejected a properly calculated offer and got more as there is no negotiation on refunds. They have to refund you using the standard process defined by the regulator. If you have records showing you paid more (which your initial post suggests you don't) then you can use that, otherwise you have to accept it. Sending it to the FOS is a waste of their time and delays other customers as they will have to investigate and then will tell you that as you have no records your refund will be that sumSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Ok thanks guys0
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