PPI claim won ages ago yet to claim still

jonyfoz

Hi all,

to cut a long story short I have yet to sign the form for a successful PPI claim. I have received an offer that includes interest up to October 2015. I have spoken to the bank who have said they will still pay out the claim even this far on (Dec 2016) Surely the bank still needs to pay me interest for the period onwards of October 2015 to date? They have said they would look into it but only with good mitigating circumstances (any suggestions what I could state? And anyway surely they should pay as legally it's my money right?

do hope someone can help and thanks for your time

jonyfoz

[Deleted User]

Not if you're the one who's been holding back to get the 8% interest. That wouldn't be very fair, would it?

dunstonh

Normally, the offer is up to the point they make the offer. Not the point you decide to accept it.

And anyway surely they should pay as legally it's my money right?

They are returning your money. However, the interest is effectively compensation and not money you have spent. It is you that delayed this not them.

At 8% interest, everyone would be delaying and earning 8% if it was possible.

jonyfoz

thanks for taking the time to answer my post

JimmyTheWig

jonyfoz wrote: »

They have said they would look into it but only with good mitigating circumstances (any suggestions what I could state?

Are there good mitigating circumstances? If so, tell the truth. If not, don't make any up!