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  • FIRST POST
    • stardust23
    • By stardust23 11th May 18, 3:52 PM
    • 19Posts
    • 3Thanks
    stardust23
    Bradford and Bingley PPI
    • #1
    • 11th May 18, 3:52 PM
    Bradford and Bingley PPI 11th May 18 at 3:52 PM
    This is slightly different in that B&B found that my PPI had not been mis-sold.

    However, I discovered from their decision that the 6 months of unemployment payments I received 12 years ago were 200 per month less than I was entitled to. The underwriters have confirmed this and will be sending me a cheque for 1200.

    Am I entitled to interest on the 1200? If so, how much?

    Thank you.
Page 1
    • dunstonh
    • By dunstonh 11th May 18, 4:22 PM
    • 92,561 Posts
    • 59,854 Thanks
    dunstonh
    • #2
    • 11th May 18, 4:22 PM
    • #2
    • 11th May 18, 4:22 PM
    This is slightly different in that B&B found that my PPI had not been mis-sold.
    That is not different. Most MPPI complaints are rejected.

    However, I discovered from their decision that the 6 months of unemployment payments I received 12 years ago were 200 per month less than I was entitled to. The underwriters have confirmed this and will be sending me a cheque for 1200.

    Am I entitled to interest on the 1200? If so, how much?
    Thats a nice outcome. If it was decided it was an error by them then yes you are. If it was new information leading to an extra payout (i.e. no wrongdoing) then no you are not.
    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.
    • stardust23
    • By stardust23 11th May 18, 4:29 PM
    • 19 Posts
    • 3 Thanks
    stardust23
    • #3
    • 11th May 18, 4:29 PM
    • #3
    • 11th May 18, 4:29 PM
    Thank you.

    On the application 15 years ago, it says that my benefit was 300 per month. When I applied for it 3 years later, I only received 100 per month. I didn't pick up on it at the time.
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