Yorkshire bank PPI offer

Woe76

Hi, new to the forum really appreciate advice on the following.....

I had numerous loans with YB but can only find one of the loan agreements which has PPI totally £2815 (including interest).

I called them last week and have today received a letter upholding my complaint and a total offer of £3150. Does this seem correct? I have looked online and I was expecting a settlement closer to £4000?

The letter also stated I didn't have PPI on the other loans although I have no paperwork to prove them wrong.

Thanks in advance for your help.

-taff

There is no settlement figure.

You are only entitled to what you actually paid plus the attendant interest plus 8% simple interest.

If you paid the loan off early [say by consolidating] you would have had a partial rebate from doing that [incuded in the early repayament/consolidation settlement figure]

Woe76

Thanks for that, sounds like I should accept the offer based on what you're saying.

Debt_Slayer

Its £3k you didnt think you could get back.
If it was missold and you're getting it back...bonus