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BOS PPI Goodwill Payment

Hi, I wonder if anybody has had experince of dealing with BOS, I had a preference account going back to 2001 and a loan, they have just offered me a goodwill payment of 1500.00 but I think this is quite low, has anybody else been offered a goodwill payment.

When I spoke to BOS they infomed me that if i didnt want to except it, it would take them longer to look into it and that I may end up with less as the goodwill payment is just an average figure.

Any advice would be apreciated thanks

Comments

  • dunstonh
    dunstonh Posts: 119,883 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    has anybody else been offered a goodwill payment.

    Most redress payments are goodwill.
    When I spoke to BOS they infomed me that if i didnt want to except it, it would take them longer to look into it and that I may end up with less as the goodwill payment is just an average figure.

    PPI redress should be a refund of premiums plus interest. if the £1500 is higher then you will lose out. if its lower then you will gain. How much PPI did you pay?
    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.
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