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PPI & Completed IVA

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Comments

  • Hattie01
    Hattie01 Posts: 2 Newbie
    I to have received an offer from RBS on behalf on Natwest with the same wording that any monies received may be used for re dress.

    I have stupidly assigned a ppi reclaim company and didn't realise that their terms and conditions state that they are entitled to a percentage of the full offer so if I don't get anything I still have to pay them their fee, that could potentially be £1,000 of debt which I don't have

    Is it worth asking the bank to revoke their offer completly if this happens??
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    Hattie01 wrote: »

    Is it worth asking the bank to revoke their offer completly if this happens??
    You can refuse to accept their offer, but the CMC will still present you with a bill for their "work",I'm afraid.
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