This could be the banks Plan B

Brains64

The first thing that many banks did when people started claiming for mis-selling of PPI compensation was to deny to a customer that they even had PPI (well they had to try it didn't they?:rotfl:), once this strategy began to fail by the bucket load it's only natural that any bank that tried this first of all would then upon having to pay up attempt a fiscal damage limitation exercise or utilize a 'plan B', pay out as little as they can get away with, anyone feeling like they've been shortchanged here?......uh....actually.....let me put that question another way, is there anyone here who feels they got all of the compensation they were entitled to as a result of being mi-sold?........aha......I can count the number of those on one hand and I bet some of those are just being nice about it, they don't really believe they got all of what they should have got at all ..............


♫What do we want?....ALL of our compensation....when do we want it?....NOW!♫

RuthnJasper

Brains64 wrote: »

The first thing that many banks did when people started claiming for mis-selling of PPI compensation was to deny to a customer that they even had PPI (well they had to try it didn't they?:rotfl:), once this strategy began to fail by the bucket load it's only natural that any bank that tried this first of all would then upon having to pay up attempt a fiscal damage limitation exercise or utilize a 'plan B', pay out as little as they can get away with, anyone feeling like they've been shortchanged here?......uh....actually.....let me put that question another way, is there anyone here who feels they got all of the compensation they were entitled to as a result of being mi-sold?........aha......I can count the number of those on one hand and I bet some of those are just being nice about it, they don't really believe they got all of what they should have got at all ..............


♫What do we want?....ALL of our compensation....when do we want it?....NOW!♫

You're right. I know I was pretty stunned by the low amount of one of my refunds - but I thought 'Well, they were caught before, so this must be correct'. Seems like every day a little bit of hope inside me for the honesty of these institutions dies.

meer53

Brains64 wrote: »

The first thing that many banks did when people started claiming for mis-selling of PPI compensation was to deny to a customer that they even had PPI (well they had to try it didn't they?:rotfl:), once this strategy began to fail by the bucket load it's only natural that any bank that tried this first of all would then upon having to pay up attempt a fiscal damage limitation exercise or utilize a 'plan B', pay out as little as they can get away with, anyone feeling like they've been shortchanged here?......uh....actually.....let me put that question another way, is there anyone here who feels they got all of the compensation they were entitled to as a result of being mi-sold?........aha......I can count the number of those on one hand and I bet some of those are just being nice about it, they don't really believe they got all of what they should have got at all .......♫What do we want?....ALL of our compensation....when do we want it?....NOW!♫

Ridiculous comment.

The majority of people who have claimed PPI back won't have incurred any charges. It's not a case of the PPI refunds being incorrect, it's the fees and charges which MIGHT have been caused by the addition of PPI which is now being looked into.

I received a PPI refund 2 years ago. The PPI didn't cause me to pay any charges or fees, it was just paid along with my loan repayments.