Help With Barclays PPI Dispute

kippylawkid

Hi, My first post so please bear with me!
I have just received my PPI claim back from Barclays and they have agreed that I was mis-sold PPI against my mortgage.
However, I am gutted as they are only offering me a £34 refund.

To explain, I paid 10 years of PPI payments at £34 per month, so am I right in thinking I should be looking at 10 x £34 x 12 = £4080?
If amyone can put me right or help on this I would be most grateful.
Cheers
kippylawkid

Whyikit

Hi,

It will depend on what your PPI was for, loan credit Card? For Loans I recieved all premiums + Interest + 8% of premiums as compensation so I think you should be getting a fair amount more. Does the letter contain their calculations? I would try phoning them and asking them why it is only £34?

thewitch1958

help im owed ppi from balclays bank for my credit card i have been turned down by the bank and now the adjudicator at the ombudsman what do i do
they said even if i dint ask for it it was suitable for me so is a Caribbean hoilday but i dont go and book it please help me

kippylawkid

Whyikit wrote: »

Hi,

It will depend on what your PPI was for, loan credit Card? For Loans I recieved all premiums + Interest + 8% of premiums as compensation so I think you should be getting a fair amount more. Does the letter contain their calculations? I would try phoning them and asking them why it is only £34?

Hi, thanks for quick reply.
It was for my mortgage. No calculations on the letter. I've tried ringing but no joy yet.
I'm hoping they have made an error and will recognise it, but I don't know enough about the subject to challenge them.
Cheers

yannos_2

can any body help me i have been paying goldfish accident plan each month for the last six years firstly with goldfish cc then barclycard is this ppi or not ta!

dunstonh

Please ask your own questions on your own thread and not hijack someone elses. it is not fair on the original poster.

[Deleted User]

kippylawkid wrote: »

they are only offering me a £34 refund.

To explain, I paid 10 years of PPI payments at £34 per month, so am I right in thinking I should be looking at 10 x £34 x 12 = £4080?

Really only the Bank can tell you for sure, but was the majority of this PPI paid more than six years ago?
Please tell us more about what the Bank say in their "offer" letter...