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Query - After accepting a settlement - MBNA

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  • Query - After accepting a settlement - MBNA

    Hello people,

    I successfully won a PPI claim from MBNA which was £1,533

    Recently just read in the news reports couple days ago that MBNA were the worst in offering significantly lower offers :

    Am i able to try and claim for more , or as i have already accepted a payment, case is now concrete closed and shut.

    Regards
    Tags: None

  • #2
    Re: Query - After accepting a settlement - MBNA

    Originally posted by Quasar View Post
    Hello people,

    I successfully won a PPI claim from MBNA which was £1,533

    Recently just read in the news reports couple days ago that MBNA were the worst in offering significantly lower offers :

    Am i able to try and claim for more , or as i have already accepted a payment, case is now concrete closed and shut.

    Regards
    I doubt there is much chance of another pay out.
    What makes you think you may be entitled to more?
    What were the terms of your award " in full and final settlement of your claim?

    nem

    Comment


    • #3
      Re: Query - After accepting a settlement - MBNA

      Hi,

      Did actually read the "in full terms" only going by what was on the news recently.

      For example, people who are not wise to this, could be thinking the initial offer is exactly what they are entitled to , but are not aware one could be entitled to more ?

      I dont hold any chance of hope in getting more, just wondered ?

      Comment


      • #4
        Re: Query - After accepting a settlement - MBNA

        'Google'

        CALCULATION OF INSURANCE REFUND ON CREDIT CARDS USING THE EXAMPLE 6 METHOD IN APPENDIX 2 OF THE FSA/FCA PPI REDRESS HANDBOOK WITHIN PS 10/12"

        Understand MBNA are presently being investigated by the FCA /FOS for underpaying PPI redress.

        Comment


        • #5
          Re: Query - After accepting a settlement - MBNA

          How long did it take for you to receive your payment Quazer?

          Comment


          • #6
            Re: Query - After accepting a settlement - MBNA

            About 4 weeks.

            Comment


            • #7
              Re: Query - After accepting a settlement - MBNA

              So the full 28 days stated on the letter np thanks x

              Comment

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