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HSBC PPI Payout

Lozzy92
Lozzy92 Posts: 1 Newbie
in Reclaim PPI & other insurance
After approx 1 yr of haggling HSBC have now agreed to pay out on my PPI claim after following the instructions on Martins web site so thanks .
My query now is do i accept the banks first offer or not and can anyone advise me on this or indeed let me know what they did ??

Thanks
Lozzy92:j

Comments

  • dilus
    dilus Posts: 1,046 Forumite
    Lozzy92 wrote: »
    After approx 1 yr of haggling HSBC have now agreed to pay out on my PPI claim after following the instructions on Martins web site so thanks .
    My query now is do i accept the banks first offer or not and can anyone advise me on this or indeed let me know what they did ??

    Thanks
    Lozzy92:j

    Hi Lozzy92, we can't advise without any figures. Have they supplied you with a breakdown of their offer. If you have the details we can look at them to see if they are giving you fair redress.
    Successes
    Sainsbury's/BOS £6,400 Paid :)
    MBNA £3,600 Paid :)
  • ahll
    ahll Posts: 1,508 Forumite
    Part of the Furniture Combo Breaker
    In the same boat just got the offer today and now need to workout if its a good one and if it should be accepted now..
    "The time is always right to do what is right"
  • dunstonh
    dunstonh Posts: 120,233 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The calculation method is defined as return of premiums plus interest. No more, no less.
    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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