Payment Protection Insurance (PPI) Claims have been all over the news during the past two years. Barely a day goes by without a new story coming out about the Mis Sold PPI scandal. With millions of Britons successfully reclaiming monies that were wrongly taken from them, it has become the feel good justice story of the past few years.
UK banks and lenders have been found guilty of Mis Selling PPI to millions of people over the past 20 years. Adding the product to a plethora of credit card and loan agreements, the banks and lenders have unfairly charged their customers billions of pounds.
A high-court ruling in April 2011 made it simpler for customers to claim back the PPI costs they had been wrongly charged. Today millions are enjoying the fruits of their compensation or are awaiting their payment. Every day, Britain’s largest bank, Lloyds Banking Group, is paying out thousands to customers who were Mis Sold PPI. This landmark ruling finally put the power back into the hands of the people after two decades of poor treatment by the banking industry.
It has never been easier to start a Mis Sold PPI Claim. Simply contact one of our friendly advisors or complete the online claims process to begin the journey to receiving the compensation that you are entitled to. We will contact the bank or lender in question, alleviating you the customer of that often daunting task. Our skilled, highly trained team have great experience in dealing directly with banks and lenders.
The UK banking industry has to date reserved over £12bn to repay those who were Mis Sold PPI. Anybody who has taken a credit card or loan agreement in the past 20 years is implored to look through the details of the agreement. If there is any evidence of PPI, they may be entitled to claim significant compensation.