Various mis-sold ppi complaints being dealt with by the Financial Ombudsman Service (FOS) keep growing because a lot of folks are now realizing they have been mis-sold ppi policy after they took out finance from banks and lending companies. The FOS is currently working with over 1,000 cases each week of mis-sold ppi complaints, due [...]
There is a good possibility of a effective ppi reclaim if you are able to establish that the policy was mis-sold. There are several techniques on how payment protection insurance could be mis-sold and according to Financial Services Authority, banks and lending companies must conduct its business with integrity. Financial firms must also perform its [...]
People who have a mortgage, a loan or a credit-based card might also have a mis-sold ppi (Payment Protection Insurance). Same as other insurance policies, which include Accident, Life and Accident, Mortgage Payment Protection Insurance, Personal Loan Protection or Credit Card Repayment Protection, these types of policies might also be sold together with the credit [...]
Payment protection insurance or ppi have been pushed to the clients alongside a loan, credit card or store card, mortgage or any other way of finances for the past years and because of this, millions of mis-sold ppi related problems are now coming to light. Banks and lenders are earning more profit out of selling [...]
A payment protection insurance policy may be taken out to protect the monthly repayments of finance if the policyholders can’t work. However, thousands were mis-sold ppi once they took out alongside mortgages, credit cards, and store cards and when obtaining credit on high value items such as vehicles and furniture. This is primarily to protect [...]
Many banks and lending companies have been fined for breaking the rules and failures in the way they mis-sold ppi to their customers. Although there are clear rules that any firm or advisor selling a payment protection insurance policy has to follow, mis-sold ppi is still a problem and clients may be missing out on [...]
If you have applied for a loan or credit card during the last six years, then you have probably been mis-sold ppi and not been aware of it. For many of those who were mis-sold ppi, their policies may have been offered under a different name. Payment protection insurance is usually sold under a number [...]
A huge number of people who took out a payment protection insurance policy when borrowing money for mortgage might be permitted to ppi claims for that amount they were forced to pay. The Office of Fair Trading first launched its investigation to the financial market and a number of people have been successful with ppi [...]
If you’ve been taken out a loan, mortgage, credit card or store card, or bought something on card then the chances are you were mis-sold ppi simultaneously. Most of the people who’ve applied for a loan since 2004 were seen to be a victim of ppi mis-selling practice of some of the banks and lending [...]
