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    • Cat Loving Lady
    • By Cat Loving Lady 17th May 18, 12:52 PM
    • 37Posts
    • 30Thanks
    Cat Loving Lady
    Barclays Plevin payment for late Father
    • #1
    • 17th May 18, 12:52 PM
    Barclays Plevin payment for late Father 17th May 18 at 12:52 PM
    Hi
    Barclays wrote to me last November (2017) to say that they would re-look at a PPI claim my late father made under the Plevin rule. As Executor I provided all of the paperwork required (last December) and about a month ago the wrote to me with a settlement.
    I am still awaiting the payment. When I called them they said they could not tell me when it would be paid because they had a backlog.
    I get the feeling because they are dealing with a refund for someone who is deceased that they are stalling on the payment.
    Am I correct in saying this should have been settled in a certain time frame ?
Page 1
    • dunstonh
    • By dunstonh 17th May 18, 12:55 PM
    • 94,460 Posts
    • 62,399 Thanks
    dunstonh
    • #2
    • 17th May 18, 12:55 PM
    • #2
    • 17th May 18, 12:55 PM
    I get the feeling because they are dealing with a refund for someone who is deceased that they are stalling on the payment.
    They are not stalling. Every day they take, the interest they have to pay goes up. There is no benefit for them to stall.

    Am I correct in saying this should have been settled in a certain time frame ?
    No
    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.
    • Moneyineptitude
    • By Moneyineptitude 17th May 18, 1:02 PM
    • 20,943 Posts
    • 11,722 Thanks
    Moneyineptitude
    • #3
    • 17th May 18, 1:02 PM
    • #3
    • 17th May 18, 1:02 PM
    I get the feeling because they are dealing with a refund for someone who is deceased that they are stalling on the payment.
    Originally posted by Cat Loving Lady
    They've already agreed to payout, so there is no financial advantage to "stalling" the payment.

    Banks were known to be guilty of "stalling tactics" when they had a court case pending on bank charges some years ago, but there is no such litigation pending now, so they really are simply struggling against a huge backlog.

    You'll just have to be patient, but persistent.
    • dunstonh
    • By dunstonh 17th May 18, 1:37 PM
    • 94,460 Posts
    • 62,399 Thanks
    dunstonh
    • #4
    • 17th May 18, 1:37 PM
    • #4
    • 17th May 18, 1:37 PM
    BTW, the interest they have to pay is 8% simple. Better than savings rates. So, in a way, the longer they take the better it is!
    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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