CO-OP Visa Credit Card PPI help please

[Bazza]

On checking a previous payment protection payout, I noticed that I was only paid accrued amount plus interest to 2005 when account was passed to debt management agency and not to date.

They also did not include 8% interest on any notional credit balances or credit card charges. Should this have also been included ?

My question is, with the recent announcement regarding underpayments by banks in which I believe has happened can I still go back to the CO-OP requesting the shortfall ?

Also can someone kindly advise or provide link to the correct spreadsheet that I should be using to check figures ?

[Bazza]

Re: CO-OP Visa Credit Card PPI help please

bump

:tinysmile_twink_t2:

[EXC]

Re: CO-OP Visa Credit Card PPI help please

If I were you I'd call the FOS consumer helpline http://www.financial-ombudsman.org.u...act/index.html

In my experience they're really helpful if you want definitive answers.

[Bazza]

Re: CO-OP Visa Credit Card PPI help please

If I were you I'd call the FOS consumer helpline http://www.financial-ombudsman.org.u...act/index.html

In my experience they're really helpful if you want definitive answers.

Ok many thanks and will try tomorrow.

g/l

[Bazza]

Re: CO-OP Visa Credit Card PPI help please

Just an up-date regarding my further complaint and advice to anyone that think they may have been previously underpaid.

Today I received a further offer and would appreciate if someone could kindly review
the attached calculations especially the tax deduction figures, before I accept.

Just to recap,
in August 2012 I accepted an offer of £1,246.99 (£984.19 plus 26.70% interest being £262.80)
but no 8% simple or less any tax deductions as prior 1st October, 2013
HMRC basic rate application.

after further review and the recent publicity,
I located some extra statements and submitted a further complaint asking for redress to be looked at including charges.


As previously stated they have now responded with an additional offer of £1,753.83
including £95 charges but on looking at their calculations,
I am a bit confused how they have addressed the tax deductions.

Thanks for looking and any advice would be appreciated.

[Bazza]

Re: CO-OP Visa Credit Card PPI help please

And please see attached original 2012 redress letter and current charges refund details.

Has the tax been incorrectly applied ? I thought it was only in respect of 8% simple ? Where on FOS website does it confirm about tax deductions on PPI payments ?

Could someone kindly review and confirm.

Thanks

Bazza

[australiavisa]

Re: CO-OP Visa Credit Card PPI help please

Actually there are three types of Credit Cards : Classic, Gold and Business. Which one you want to get?