Quick PPI Question
Quick PPI Question
Author
Discussion

Labbetts

Original Poster:

992 posts

169 months

Friday 6th November 2015
quotequote all
I've been offered a settlement from RBS regarding a mis sold PPI

It includes the initial outlay of £XXX and compunded interest of £XXX (8%)

Should i be seeking some addional compensation too or is this as good as it gets?

PS: for the record it was mis-sold in the worse kind of way, hence why i've pursued it

Countdown

49,519 posts

226 months

Friday 6th November 2015
quotequote all
Just out of interest - what's the better way of being mis-sold PPI?

OllyMo

596 posts

242 months

Friday 6th November 2015
quotequote all
There are a few ways it was mis-sold.

I worked at one of the big banks reviewing PPI cases for a short contract.

The worst way was when the paperwork showed that the client had specifically requested no PPI. This was fairly rare, but a slam dunk.

OP, your payout sounds OK. They're not obliged to give you anything more afaik (never worked in Redress).