Time is Running Out!

Time is running out to claim your mis-sold PPI¬ The deadline is the 29th of August 2019 and it is expected that the banks will be inundated with last minute claims!

Don’t worry if you have already been told by your bank that you do not have a claim, contact us today on 01942 619911 and speak to one of our advisors as we may still be able to reclaim some compensation for you.

Below are figures from the Financial Ombudsman Service (FOS) showing claims they received and upheld for some of the main high street banks.

Lloyds TSB was the subject of 45,727 complaints to the ombudsman, 42,195 about PPI, of which 86% were upheld; Bank of Scotland attracted 34,434 PPI complaints, of which 81% were upheld; while another Lloyds Group business, Black Horse Limited, accounted for a further 5,888 complaints about PPI, of which 97% were ruled in the customer’s favour by the ombudsman.

If you have had any loans, credit cards or a mortgage then it is worth your while enquiring to find out if you had PPI and if so if you can reclaim it on the grounds that it was mis-sold

In a lot of cases when people took out a loan, PPI was added without the knowledge of the customer. From personal experience when I took out my first loan I was advised that it would only be approved if I took the PPI option!

Posted on by CCKeith in Uncategorized

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