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

Hi,

I received a letter today from Lloyds TSB about amounts owed to me for Payment Protection Insurance. I have made no claim for PPI and was looking for advice on whether the amount quoted will be a true reflection of amount owed.

I didn't know I was due any PPI but I don't want to rush in and accept if this isn't the best thing to do.

The loan was only for £1500 in 2007 and I am being offered £192 refund. I think this is a fair amount but thought advice can't hurt :)

Thanks!!

Comments

  • -taff
    -taff Posts: 15,558 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you have no documentation, you can't argue about it.
    If you want to argue about it, then you will have to send a SAR and £10 to see what info is left,t hen take your ocmplaint tot he Ombudsman.

    If it's a goodwill offer, they don't have to pay you what you paid, if it's upheld, they have to pay you in line with defined redress methods.
    Non me fac calcitrare tuum culi
  • Thanks for your help :)
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
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178K Life & Family
  • 260.5K 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.