Monument

[chancer1]

I had a chat with Monument today regarding their offer of 50% - the person told me they had had a lot of request for refunds and her job was simply to offer 50% and she could do no more - I did advise that the courts do look unfavorably upon institutions that are abusing the courts & publics time by dragging these out to hearings and then settleing days before hand, they then advised that is the process

[Vulture_Bank]

I had a chat with Monument today regarding their offer of 50% - the person told me they had had a lot of request for refunds and her job was simply to offer 50% and she could do no more - I did advise that the courts do look unfavorably upon institutions that are abusing the courts & publics time by dragging these out to hearings and then settleing days before hand, they then advised that is the process

 

 

she is simply reading from a script that she must do "or else get the sack" there was an article in some sunday paper about these scripts they have to read

 

 

GOT THE LINK FOR YOU !!

 

See Mail on Sunday

 

http://www.mailonsunday.co.uk/pages/...n_page_id=1770

[chancer1]

Hi,

 

Had an offer from Monument with 50%, as a gesture of goodwill as it wasn't really PPI it was a Payment Break Plan........

 

Do I accept or decline?

 

On a slightly different note, Vanquis have said get stuffed - not thier words, they put it slightly nicer

[ims21]

I think that's a question that is for you to decide.

 

Some would accept and some would go for more. You have an offer which is definate money in your pocket now.

 

When all is said and done it is what you are happy with that counts.

 

Regards

 

ims

[alibobsy]

You may find they are prepared to negotiate if you want to settle quickly and not go to FOS/court. If you decide better a bird in the hand so to speak you might make a counter offer of say 75% of you claim and see how they react to that-as it still saves them money (interest/court or fos fees etc) I would have thought they will bite your hand off, but you never know.

We haven't yet had any offers, but will be torn between getting what we should be repaid and taking a quick amount now before christmas etc for the kids. OH works as a contractor and is due to finish next week (although it looks good for an extention for another month after that), would be lovely to have a bit of a cushion against him having a gap between contracts.

Looking at threads on here and other sites looks like some of the banks have decided to start making lower "goodwill" gesture offers just to get things settled, perhaps after the court case and the costs of catching up with all the cases put on hold they have decided to cut their losses and get PPI over with.

From what I read only about 4% of those estimated to be eligible to claim the PPI back are actually doing it.

 

Whatever you decide good luck

ali x