Hi
I'm possibly late to the party here. apologies if this is going back over old stuff.
I've just got my PTSB redress letter. The good news is that they are reducing my principal loan to where it should have been (had I not been persuaded to move off the tracker, I fixed for 7 years at 5.6%) and they will repay me the over charge.....plus restoring my tracker to 0.95%
Having fully realized how much money I was wheedled out I'm annoyed at this compensation of 10%.....as it does not address the sacrifices and hardship through those years, when wages were cut. college fees..Insurances went up and up...savings disappeared.
however I did not lose my house, health or sanity ... which I'm grateful for , but sons college was suspended, and all savings used up for bills etc..
what are other people doing ?..are others contesting this ...or will I simply count my blessings and move on.
I'm possibly late to the party here. apologies if this is going back over old stuff.
I've just got my PTSB redress letter. The good news is that they are reducing my principal loan to where it should have been (had I not been persuaded to move off the tracker, I fixed for 7 years at 5.6%) and they will repay me the over charge.....plus restoring my tracker to 0.95%
Having fully realized how much money I was wheedled out I'm annoyed at this compensation of 10%.....as it does not address the sacrifices and hardship through those years, when wages were cut. college fees..Insurances went up and up...savings disappeared.
however I did not lose my house, health or sanity ... which I'm grateful for , but sons college was suspended, and all savings used up for bills etc..
what are other people doing ?..are others contesting this ...or will I simply count my blessings and move on.