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  #1  
Old 20-04-2011, 10:05 AM
BOUDICCA BOUDICCA is offline
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Default PPI ruling due today

http://citywire.co.uk/money/banks-v-...-today/a487967
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  #2  
Old 20-04-2011, 11:30 AM
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We can all wait to see if they lodge an Appeal. I wonder where this will put Santander and the money they claim I owe them from the old A & L loan the PPI was mis-sold on?...
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Old 20-04-2011, 03:12 PM
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Anyone know what's happened? Strange I had a bundle of letters from RBS yesterday telling me they are not refunding - coincidence or what?
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Old 20-04-2011, 03:35 PM
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They have three weeks to decide if they are going to appeal against the ruling.
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Old 20-04-2011, 05:55 PM
BOUDICCA BOUDICCA is offline
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http://www.bailii.org/ew/cases/EWHC/Admin/2011/999.html

http://www.bbc.co.uk/blogs/thereporters/robertpeston/

Last edited by BOUDICCA : 20-04-2011 at 05:57 PM.
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Old 21-04-2011, 09:30 AM
BOUDICCA BOUDICCA is offline
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http://www.independent.co.uk/news/bu...n-2270649.html
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  #7  
Old 21-04-2011, 09:49 AM
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I think we are going to be in for the long haul, but hey, isn't this when we get more interest on these mis-sold insurances wwhen they finally have to pay us back, and then a bit for damage to our reputation?....
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Old 21-04-2011, 09:56 AM
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what is your opinion on the payouts if they come? I always asked for contractual interest at the rate they charged on the card...do you think they'll pay back the normal 8% or should we push for contractual?
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Old 21-04-2011, 10:01 AM
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It would be nice to push for contractual, but I think if you add the interest on the PPI payments x years and 8% on all of this, you should get something near this back

PPI payment + whatever rate of interest for the loan x each month x 8%.

This is the equation I am going use...
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Old 21-04-2011, 11:30 AM
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So ...its 20 days to go before we know if they are going to appeal..(unless they apply early). What's the betting they chance their luck.
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