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

Received a 'ggodwill geture' from RBS/Natwest. Accept or not?

They've made me an offer of £1073.28, based on the amount of PPI paid, plus interest (the loan was for £5000, a good few years ago).

The bank says they are unable to confirm the details I gave them, so they are making this offer as a gesture of goodwill.

Would you accept it? Is there any way I can get some more cash out of them?

Cheers.

Comments

  • GlamGirlie
    GlamGirlie Posts: 432 Forumite
    Debt-free and Proud!
    I would take it!

    You don't say how much you were actually claiming, so we have no way of knowing how the offer relates to what you have claimed, but £1k is £1k, as far as I am concerned!
    I am employed as a manager in a financial services institution. My views are entirely my own.
  • amersall
    amersall Posts: 17,037 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    If the loan was £5000 then the goodwill offer they have made seems right to me, if you have any proof that you paid this PPI and it is more than the gesture, send the proof in and ask them to reconsider.

    The whole PPI may not have been paid to this loan anyway, maybe settled early?.
    What details could they not confirm?.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604.1K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.