📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Procurement

I have received a cheque from Provident for money owed for miselling of loans based on affordability, im taking my case to Financial ombudsman for the remainder of the loans which they are not upholding. My question is can I cash this cheque or do I need to wait until the remainder of the loans are reviewed?

Thanks Jo

Comments

  • You can cash it now.
    I would confirm in writing to them that you are accepting this payment on the basis of the missale and not a full and final acceptance.
  • Nearlyold
    Nearlyold Posts: 2,384 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    If they have upheld your complaint on some loans but not others you can safely cash the cheque for the upheld ones and refer the not upheld ones to FOS.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.