Were you mis-sold Lombard Direct PPI? If so, read below to find out how to make a PPI claim before the August 2019 deadline.
It’s now just over a year until the PPI claims deadline. If you think that you may have been mis-sold the insurance or simply can’t remember, act now to find out. Although 29th August 2019 may seem like a long way away, the banks are likely to be even busier than usual and your claim could be delayed.
PPI was first mis-sold as far back as the 1980s. During the 1990s, the banks realised how lucrative the insurance was and many encouraged employees to sell the insurance wherever possible.
Since the scandal came to light, thousands of people have been eligible to make PPI claims because the insurance was mis-sold to them. To date, nearly £30 billion has been repaid to customers. Before the deadline arrives, this figure is likely to be above £40 billion.
Even more people are eligible to make PPI claims now due to the Plevin rule. This means that if more than 50% of a PPI sale was a commission, a claim can be made. If a case was previously rejected by a bank or lender, a new claim can be made due to Plevin.
If you want to make a claim, do so now. To find out more about Lombard Direct PPI, read our guide below. We want you to succeed with your claim and receive any money which is rightfully yours.
How Was Lombard Direct PPI Mis-Sold?
Lombard is affiliated with Natwest, which is owned by Royal Bank of Scotland (RBS). This means all PPI claims need to be directed towards them. The scandal has cost the banking group £5 billion.
Lombard Direct PPI was mis-sold on loans. Consumers were often told that they had to take out PPI in order to get the loan. This is simply not true, meaning the insurance was mis-sold.
Between July and December 2017, 56% of RBS PPI claims referred to the Financial Ombudsman (FOS) resulted in favour of the customer. This figure includes any cases referred to the FOS for Lombard PPI.
How to Claim Lombard Direct PPI
Noted as one of the best PPI claims companies, Canary Claims can make your claim as stress-free as possible. This means we will handle all communication with RBS and we’ll keep you up to date every step of the way.
Even if you can’t remember whether you had PPI or can’t find the paperwork, we’ll be able to uncover this information for you.
If you do have the paperwork, we can do the rest of the work for you. Tell us how the PPI policy was mis-sold to you. For example, were you told it was compulsory, or did you feel pressured into buying it? Once we know this, we can start your claim.
You can contact Lombard Direct yourself, but working with Canary Claims means you can put forward the very best case. Monitoring the case closely, we will follow up with RBS if we don’t receive a result within a reasonable timeframe.
If your claim is not successful, we can refer it to the FOS, who will independently review your case. However, claims at the Ombudsman can take up to two years to be resolved.
Contact Canary Claims today to start your Lombard Direct PPI claim. Offering a low fee of only 15% + VAT (18% total) on successful claims and a no win, no fee policy [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] means you will start today and pay nothing. Let us help you fight for your PPI claim.