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should i accept the offer on ppi from hsbc?
tommy2000_2
Posts: 1 Newbie
i have received the offer from hsbc today regarding my claim on ppi,but i am not sure if i should accept it or if it's to low? can anyone calculate if their offer is ok,please!
here are the details:
loan amount: 2500
ppi amount: 650
total payable for loan: 3625
total for ppi : 942
total together( loan +ppi+interest) : 4568
loan length:60 months but paid off/settled after 8 months/payments with amount of 2946
repayments: 61 for loan and 16 for ppi,so each monthly payment : 77
when i paid it of i received the refund of protection premium of 455
offer recived 411 including the taxable interest of 133
is this the right redress from the bank?
thank you
here are the details:
loan amount: 2500
ppi amount: 650
total payable for loan: 3625
total for ppi : 942
total together( loan +ppi+interest) : 4568
loan length:60 months but paid off/settled after 8 months/payments with amount of 2946
repayments: 61 for loan and 16 for ppi,so each monthly payment : 77
when i paid it of i received the refund of protection premium of 455
offer recived 411 including the taxable interest of 133
is this the right redress from the bank?
thank you
0
Comments
-
you've had a rebate of some of the premium so effectively the premium was £239 so it seems correct. if so, then yes accept it.0
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