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8% interest advice please
bonzo820235
Posts: 7 Forumite
Hi
Has anyone come across my situation?
i have had my credit card 16 years up to now,i requested my agreement which was ticked for no ppi, so i made a claim
the complaint was upheld, ppi premiums plus associated interest
£3,206.00 plus 8% interest of £1.60 ?
this has been applied to my account already, it was not an offer
of course i am happy to recieve the money, but,i am sure i paid more ppi premiums over 16 years, i am not sure how they worked out the £1.60 8% interest either, i have not been asked to sign a disclaimer which i know others have, also i thought they would give me a breakdown of my ppi payments over the years, but they now say they will not enter into any further correspondence unless instucted by the fos.
it sounds to me they want me to take this further with the fos
am i right or wrong to think this
any advice or suggestions would be much appreciated
Has anyone come across my situation?
i have had my credit card 16 years up to now,i requested my agreement which was ticked for no ppi, so i made a claim
the complaint was upheld, ppi premiums plus associated interest
£3,206.00 plus 8% interest of £1.60 ?
this has been applied to my account already, it was not an offer
of course i am happy to recieve the money, but,i am sure i paid more ppi premiums over 16 years, i am not sure how they worked out the £1.60 8% interest either, i have not been asked to sign a disclaimer which i know others have, also i thought they would give me a breakdown of my ppi payments over the years, but they now say they will not enter into any further correspondence unless instucted by the fos.
it sounds to me they want me to take this further with the fos
am i right or wrong to think this
any advice or suggestions would be much appreciated
0
Comments
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Duplicate thread - please use other one:
https://forums.moneysavingexpert.com/discussion/3509143I 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
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