Santander / A & L Visa Credit Card PPI Redress success & help

[Bazza]

I Just had my PPI claim up-held by Santander and they have now made me an offer.

Please can someone kindly confirm that the following calculations look correct :-

First PPI payment April 1998
Last PPI payment Feb 2003

Full refund of PPI Payments £379.90
plus 8% simple interest £425.35
Less Tax from gross interest £ 85.06
Net interest paid £340.29

Net offer figure £720.19

Thanks for looking

g/l

[di30]

Re: Santander / A & L Visa Credit Card PPI Redress success & help

Well done!!! :tinysmile_twink_t2:

Do you know what the individual payments you were making each month please Bazza?

[Bazza]

Re: Santander / A & L Visa Credit Card PPI Redress success & help

Well done!!! :tinysmile_twink_t2:

Do you know what the individual payments you were making each month please Bazza?

Thanks di but it's been a struggle with them !

Basically I had a few missing statements in which I am still having issues with Santander regarding failed SAR.

So in the meantime I found some more statements after their original offer in which I declined and forwarded details accordingly. Then they came back with a revised offer in which I accepted after collating what information I had and working on the basis of the average monthly payments for those that were missing.

Therefore figures seem about right but I will see what is eventually provided by SAR. On current responses it won't be much as they keep fobbing me off with no records can be found etc but I will address that at a later date once their final response received.

I had already been paid out by MBNA for the period from March 2003 up to April 2005, when I got into a bit of financial trouble and I have a current repayment plan with them. Fair play to them as they paid the money into my bank and they did not deduct it off balance outstanding