We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
PPI claim company
Ljones2912
Posts: 1 Newbie
I had a PPI claim rejected in 2018 through a PPI claim company. The bank involved informed me last week they are now settling on my claim. So I still owe the claims company as was settled without them.
0
Comments
-
Yes, that sounds right.0
-
Unless the claims firm wrote to you and confirmed they were closing the case with no more claim on the refund, yes they will want their cut - it could well be up to 40% of the money so I would put aside half the refund in a savings account (say the virgin current account paying 2% up to £1000) and wait for their letter.0
-
The legal ombudsman stated that once a claims company said the case was closed and more than 6 months had passed, that was it. The FOS, on the other hand, have given rulings that it goes back to who originated the complaint, even if the company closed it.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.5K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.5K Work, Benefits & Business
- 599.8K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards