We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Natwest agreed PPI, but still have not paid it!!

Hi all

I have been helping friends with PPI mis-selling. Natwest have agreed to pay back £17,000. This was 3 months ago, and the letter said the amount will show up on on his next cc statement. His balance on his cc was £13,000 so he didn't make more than the minimum payment of £250, but he thought this would be cleared by the PPI amount.
Well fast forward 3 months, and Natwest have still not paid out, and every time he calls they said "they are endeavouring to pay this back asap" and more excuses.. Meanwhile he has been charged £500 interest, and he is about to be charged another £250 interest.
I think this is not on, so would like to do something, especially bearing in mind their letter said the amount will show up on the next statement!!
Thanks

Comments

  • amersall
    amersall Posts: 17,037 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    You need to get the charges back,put a complaint into Natwest regarding these.
    Ring FOS and complain about the redress not being paid,this will be another complaint against them.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.