The Banks have appealed to financial regulators to set a deadline on mis sold PPI payments, the BBA have requested a cut of date of Summer 2014 for PPI claims in a letter to the FSA.
Banks are still putting pressure on their staff to sell financial products meaning they are pushing sales over service and many products are being mis sold like PPI.
Reputable PPI Claims companies are being tarnished by the less ethical methods other claims companies are using to win business.
Banks and lenders have lost a case against mis sold PPI after a huge investigation and now all their customers can reclaim PPI if they still have it on a credit policy or have had one over the last ten [...]
PPI is otherwise known as payment protection insurance and has been mis sold to customers who have applied for a credit card, mortgage or loan agreement to protect their payments
To reclaim PPI has never been easier, the banks and lenders have put a suffice amount of money to ensure all customers are compensated for their mis sold payment protection insurance.
If you think you too may have been a victim of mis sold PPI, then you need to take action as soon as possible to ensure you too get the compensation you deserve.
The average PPI payout is £2750 so if you have a credit policy or loan, its worth taking a look to see if you are a victim of mis sold PPI and make a PPI claim.
Banks and lenders have already paid out two billion pounds in PPI compensation and this is raising by the day as more and more victims are making a PPI Claim
Mis sold PPI is said to be the most complained about financial product according to the financial ombudsmen after a full investigation has been taken out on banks and lenders after selling a product when taking out a loan in [...]