Claim Back Alliance & Leicester PPI Before the Deadline

Posted on November 6, 2018 by Canary Claims alliance & leicester ppi

You could be owed money from Alliance & Leicester due to mis-sold PPI. Find out how to start your PPI claim now before it’s too late.

Alliance and Leicester was one of the many banks involved in the PPI mis-selling scandal. Thousands of customers are owed compensation for Payment Protection Insurance (PPI) policies that were sold to them without their knowledge or consent.

But consumers must start their PPI claim as soon as possible because the Financial Conduct Authority (FCA) has announced a deadline for claiming mis-sold PPI. All claims must be made by 29th August 2019. Any claims submitted after this date will not be eligible for refunds. It’s only nine months until the deadline and banks are likely to be much busier in 2019. To ensure you’re not lost in the shuffle, swift action is needed.

In 2008, Alliance and Leicester were bought out by Santander. However, even after the buyout, it is still possible to make a PPI claim against the bank. To date, the banks have collectively paid over £32 billion to consumers for mis-sold PPI. Over 64 million PPI policies were sold. This means if you had a loan, mortgage or credit card before 2010, it’s likely you also had PPI.

PPI claims are simple with Canary Claims. To get you started, we’ve put together some answers to questions you might have about Alliance and Leicester PPI.

How Was Alliance and Leicester PPI Mis-Sold?

Alliance and Leicester was one of the first banks to be fined by the FCA for misselling PPI to customers between 2005 and 2007. In 2008, the bank was made to pay £7 million.

When selling customers PPI, it was not made clear that PPI was optional. Many customers were sold the insurance without being asked the proper questions to decide if the insurance was necessary and relevant to them. Around 210,000 people were sold mis-sold PPI by the bank.

Any outstanding accounts with Alliance and Leicester and money owed to customers are now paid by Santander. The banking group has set aside £1.5 billion for PPI claims. This means that thousands of people are owed money and if you haven’t already made a claim, you should do so as soon as possible.

What Products Were Alliance and Leicester PPI Mis-Sold On?

If you bought one of the following products from Alliance and Leicester, you could be owed PPI:

  • Credit cards
  • Loans
  • Mortgages

PPI insurance might be listed with a different name, so check for extra insurance on a statement you aren’t sure about. People who never knew they bought PPI found out they indeed bought it or it was added to their purchase. This is why it’s worthwhile to check.

Some alternative names for PPI that you might find on a statement include:

  • Accident, Sickness and Unemployment cover (ASU)
  • Loan cover
  • Payment cover

How Can You Claim Back Alliance and Leicester PPI?

Making a PPI claim with Canary Claims is simple. We will contact Santander for you and make an Alliance and Leicester PPI claim on your behalf. Some necessary contact details and information about the account will be required in order to make a claim.

However, even if you do not have all the necessary information about the account, it is still possible to make a claim. If you know that you bought a loan, mortgage or credit card from Alliance and Leicester, we are able to find out if PPI was added to your product. We will find PPI policies on any accounts you may have had — many customers had PPI on multiple products, which will result in a much greater payout.

Even if you previously made an Alliance and Leicester PPI claim and it was unsuccessful, we encourage you to try again. A landmark PPI case, the result of which is called the Plevin rule, now means you could claim again due to undisclosed high levels of commission.

Our team is dedicated to making sure everybody can make a claim before the PPI deadline. A claim can take up to six months to resolve, which is why it’s important to start as soon as possible.

Canary Claims offers a low fee of 15% + VAT (18% total) for PPI claims and a no-win, no-fee PPI service. [Cancellation charges may apply only if the claim is cancelled after the 14 days cooling off period. The fee would be based on the work done at the time of cancelling at a rate of £120 per hour and up to a maximum total of £180]. This is why we are one of the very best PPI claim companies to work with to get back the money you deserve. Enquire online today or call us on 0800 634 8668.