How long did it take you to get your PPI redress payment?

Ellie

New member
I was offered quite a nice sum of money from HSBC for a redress for a misold PPI, included in this was the fact that they would pay off my existing loan and then pay me the rest into my current account.
I signed this agreement and they received it last Monday.
Now, after speaking to them they are unable to tell me when they will be makng these payments, I have heard a few weeks to a few months and in the meantime I am expected to continue paying my monthly loan repayments even though an agreement has been signed for them to pay it off!
Therefore, I would like to hear from people that have won their misold PPI's with preferably HSBC and how long it then took for you to actually receive the payment. Thanks!
 
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