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hsbc letter from 1st dec 2017 ppi
stuey123
Posts: 27 Forumite
hi guys ,i had my letter back from hsbc with a small token of money offered plus tax deducted great,,i hear the new word is plevin on the street .SO i had all my paper work going back to 1993 made my claim against hsbc got nothing went to ombudsman nothing,ppi company got nothing ,,this was all 5 years ago .
So my question is i worked out i should be owed £800 min from the last claim ,do i go back to hsbc say no to the £200 token or back to the ombudsman as they have the papers ask for all of it as i feel i,m being short changed....
So my question is i worked out i should be owed £800 min from the last claim ,do i go back to hsbc say no to the £200 token or back to the ombudsman as they have the papers ask for all of it as i feel i,m being short changed....
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Comments
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How are you working out you are owed £800? From what last claim? What do you mean by 'small token'?0
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hi the token there offering is £200 less tax,the £800 is from when i made a claim against them 5 yrs ago bk to 1993 which work out roughy to £800 on all the loans i had with them less interest.
says
refunded premium £120.80
simple interest 8% £116.82
gross £237.62
tax deducted 20% £23.36
net £214.26
really going back to 1993 lost count how many loans i had0 -
What makes it a token? The redress method is defined - neither side gets to haggle.0
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i do understand ,but how does anyone really know so always worth a challenge and a phone call to ombudsman to check as they have my full paper work...
why i,m here ,as i have tried to claim on other banks,credit cards got no where in past this new rule does it apply to everyone or we should all reply or try a claims company again???0 -
Your posts are making no sense. You mention a token payment, then a Plevin payment, then an amount for an old mis selling complaint.
If you were mis sold, you get a full refund.
If you weren't mis sold, you may get a commission refund under Plevin.
If neither apply but they feel sorry for you, you may get a token payment.
No claims company can helpfully with any of this and the Ombudsman doesn't have your paperwork.0 -
The OP has had a Plevin refund and is referring to this as a "token" amount because it is not a full refund of the PPI. His PPI complaint was rejected both by the Bank and the Ombudsman in 2012Deleted_User wrote: »You mention a token payment, then a Plevin payment, then an amount for an old mis selling complaint.
https://forums.moneysavingexpert.com/discussion/comment/58332265#Comment_583322650 -
yes the ombudsman has all my paper work as they look at it i sent it off ,and it went to the top so0
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The ombudsman didn't uphold your complaint. You don't get another one. Plevin is the only pay out you'll get. Take it or leave it.Non me fac calcitrare tuum culi0
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