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
Ppi claim through frs and lloyds
paula1707
Posts: 1 Newbie
Hi
My mum submitted a claim for PPI against Lloyds through FRS. She has now today received a settlement but it has come direct from Lloyds and not through FRS. Lloyds are paying the amount direct into her bank account. Does she still have to pay FRS there cut as it has come direct fromthe bank.
My mum submitted a claim for PPI against Lloyds through FRS. She has now today received a settlement but it has come direct from Lloyds and not through FRS. Lloyds are paying the amount direct into her bank account. Does she still have to pay FRS there cut as it has come direct fromthe bank.
0
Comments
-
Since Banks don't deal directly with Claims Companies, it doesn't matter where the actual redress is sent. If she fails to pay FRS, they'll set debt collectors on your mother and trash her credit rating. Ultimately, not paying could result in your mother winding up in court.Does she still have to pay FRS there cut as it has come direct fromthe bank.
Expect a demand for payment from FRS very shortly.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.4K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards