Just found out I was mis sold PPI,I was sent a cheque for just over £5,Does anyone know how this works,surely if i've been mis sold PPI I have been tricked,£5 is a insult,some people get thousands or so we are told,anyone know how the banks arrive at the figures they do?

Challenge it with the bank / ombudsman.

Lloyds sent me a cheque for about £90 after twice denying I had PPI on a credit card. I complained to the bank and the ombudsman and a month later I got just over a £1000 which included £75 for their original cock up.

My brother in law has just received £35k. That's on top of a previous one for about £7k.
He used money supermarket resolver

They came back to me asking for proof.. I've give up.

Nesnajttam wrote:They came back to me asking for proof.. I've give up.

With northern Rock I got £500 back from a loan and they sent me copies of the paperwork. The Lloyds credit card went back to 1998 and there was no paperwork. I'd go back to the ombudsman, lloyds did everything they could not to pay out.