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Really Gutted

camwyll · 2014-06-28 12:54:31

After a lengthy battle to claim ppi from lloyds, they have advised that there are some 7 account numbers all with ppi. the total amount they are willing to offer is over 16k!!!, however, there letter states that the monies could be used to pay of arrears of which i am aware there are some on one of these accounts which is…

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magpiecottage Posts: 9,241 Forumite

29 June 2014 at 5:36AM

There have been cases where FOS has forced a payout in cash - but only where there are other other debts that are higher priority and/or more expensive.

Even then there is no guarantee - particularly if the bank has been forced to write off debt or otherwise has no realistic prospect of ever getting its own money back from you.

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Really Gutted

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