Not everyone in the UK knows how to file for unfair bank charges. However, even if a citizen understood the process, it is less likely that he or she is capable of reclaiming all refunds. This short guide aims to completely reclaim bank charges from banks through a step by step guide in making a [...]
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For the past few years, payment protection insurance policy has gained substantial criticism from the distressed borrowers and other non-profit social organizations. This is due to the fact that such policy was only made for the benefit of the bank and other financial institutions offering such policy but not really for the benefit of the [...]
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Do you have a Payment Protection Insurance or PPI? Are you aware that you might have a mis sold PPI? A PPI is generally sold by banks but most of the time, through their sales force. The mistake their brokers have done has raised the number of PPI claims. A PPI is a service for [...]
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Mis sold PPI cases are becoming more widespread and has victimized many thousands of people. It has become one of the most controversial scandals in the financial world. Over the years, the number of mis sold PPI cases has risen. As a matter of fact, many banks and finance companies have made billions in profits [...]
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Almost always Payment Protection Insurance or PPI is sold alongside a loan or other financial products. The way these PPI’s are sold could determine whether it was mis sold or not. At a glance mis sold PPI’s are hard to distinguish from those who were really acquired by the borrower. If you have made a [...]
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PPI Claims are on the rise as record numbers of borrowers are asking the banks to repay the mis sold ppi premiums that were forced on to them. After years of abusing their customers by mis selling PPI, the banks now face a consumer backlash as borrowers are demanding compensation for mis sold payment protection insurance in order to reclaim ppi.
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How do you know if you have been Mis sold PPI and therefore entitled to have a PPI claims and reclaim payments? If you took out a Mortgage, Loan or Credit card or any other form of finance in the last ten years it is likely that the lender will have tried to sell you [...]
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An increasing number of people have been filing their mis-sold PPI cases at the Financial Ombudsman Service. Most of them stated that a PPI policy was added on to their loan without their consent when they applied for a loan, credit card or store card. Most of the sales representative of the lending companies didn’t [...]
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