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    • shallwehaveacoffee
    • By shallwehaveacoffee 1st Dec 17, 6:05 PM
    • 80Posts
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    shallwehaveacoffee
    Lloyds letter
    • #1
    • 1st Dec 17, 6:05 PM
    Lloyds letter 1st Dec 17 at 6:05 PM
    Received a letter today from Lloyds bank telling me that the ppi claim they turned down can now be looked at again because of the amount of interest they took.
    It says I can ring does anyone know what information I need to give and is it worth ringing or is it a standard letter?
Page 1
    • zx81
    • By zx81 1st Dec 17, 6:07 PM
    • 16,792 Posts
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    zx81
    • #2
    • 1st Dec 17, 6:07 PM
    • #2
    • 1st Dec 17, 6:07 PM
    It's worth ringing. Shouldn't take too long as it's only re Plevin, rather than mis selling. But it's regarding commission, not interest.
    • dunstonh
    • By dunstonh 1st Dec 17, 8:34 PM
    • 92,564 Posts
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    dunstonh
    • #3
    • 1st Dec 17, 8:34 PM
    • #3
    • 1st Dec 17, 8:34 PM
    Received a letter today from Lloyds bank telling me that the ppi claim they turned down can now be looked at again because of the amount of interest they took.
    Not quite. Your complaint remains rejected. However, a new ruling means that excess commission and profitshare above 50% should be refunded to you. So, worth it.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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