We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
RBS PPI Settlement Offer - 4 letters
Options

KeanesGuitarist
Posts: 2 Newbie
Good evening,
I'm finally getting somewhere with RBS and have received x4 letters from them offering to make a settlement on 4 accounts. I'd only processed a complaint on the one account (my fathers current loan account) and the amount they've offered is more than i expected for that account. The 4 letters have the exact same wording but different amounts and account numbers. They've given the breakdown as follows but no dates for the accounts it relates to and i only recognise the current account number.
Loan/Account Refund PPI Premium Interest Tax
Current £3,719.20 £3,356.74 £453.07 £90.61
? £510.01 £360.23 £187.22 £37.44
? £1,920.43 £1,476.82 £554.51 £110.90
? £26.96 £18.64 £10.40 £2.08
I've no idea if these are the correct amounts for each of these accounts - are they likely to offer less than what's due? As it happens at the time of receiving the letter my balance on the loan was £3719.22 - coincidence?
Has anyone else experienced similar? My worry is that the big amount is a consolidation of the smaller amounts?
Thanks in advance for your help
William
I'm finally getting somewhere with RBS and have received x4 letters from them offering to make a settlement on 4 accounts. I'd only processed a complaint on the one account (my fathers current loan account) and the amount they've offered is more than i expected for that account. The 4 letters have the exact same wording but different amounts and account numbers. They've given the breakdown as follows but no dates for the accounts it relates to and i only recognise the current account number.
Loan/Account Refund PPI Premium Interest Tax
Current £3,719.20 £3,356.74 £453.07 £90.61
? £510.01 £360.23 £187.22 £37.44
? £1,920.43 £1,476.82 £554.51 £110.90
? £26.96 £18.64 £10.40 £2.08
I've no idea if these are the correct amounts for each of these accounts - are they likely to offer less than what's due? As it happens at the time of receiving the letter my balance on the loan was £3719.22 - coincidence?
Has anyone else experienced similar? My worry is that the big amount is a consolidation of the smaller amounts?
Thanks in advance for your help
William
0
Comments
-
Your other post has been answered.
https://forums.moneysavingexpert.com/discussion/comment/52666353#Comment_526663530
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards