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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Capital one Redress
redkelly
Posts: 203 Forumite
I have today had a letter from Capital one up holding my complaint re PPI
Premiums £5420.54
Interest £78.75
Additional 8% interest £1969.46
Total amount £7468.75
Calculations date from Jan 2003 cancelled April 2008
I have spoken to capital one who claim there is no interest charged on PPI! Now would this be correct as when i had a claim with MBNA the interest redress was as much as the premiums paid.
If someone know the correct answer this would be great don't want to sell myself short on the money front lol:rotfl:
Premiums £5420.54
Interest £78.75
Additional 8% interest £1969.46
Total amount £7468.75
Calculations date from Jan 2003 cancelled April 2008
I have spoken to capital one who claim there is no interest charged on PPI! Now would this be correct as when i had a claim with MBNA the interest redress was as much as the premiums paid.
If someone know the correct answer this would be great don't want to sell myself short on the money front lol:rotfl:
Payment a Day : Creation £1416.05 Cleared June 2017
Capital One : £2169.37 Cleared May 2018
M & S : £3207.29 Cleared May 2018
First direct £4900.00 Cleared July 2018
Next £2206 Cleared September 2018
Capital One Platium £2800.00 Cleared November 2018
Capital One : £2169.37 Cleared May 2018
M & S : £3207.29 Cleared May 2018
First direct £4900.00 Cleared July 2018
Next £2206 Cleared September 2018
Capital One Platium £2800.00 Cleared November 2018
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards