Mis Selling of PPI
Over the past few years the economy has been floundering and the financial problems besetting the UK have been referred to as a recession. There was, at one point, fear that if the tides didn't turn the economy was headed for an all out depression but it never quite got that bad. Nevertheless,
some lenders in the UK made a bad situation even worse by mis selling of PPI and consumers are still reeling from the impact of costly cover they neither wanted nor could afford.
Working Our Way toward Recovery
There is, on the other hand, a bright side to recent news that lenders are paying out record amounts to consumers reclaiming PPI. At least that money is being given back to consumers so that whilst fewer new loans are originated, those who have claimed back bank charges
have that money to sink into the economy. The only problem here is that
consumers need to be cautious about buying any type of payment protection,
including overdraft protection which can also be extremely costly.
What You Can Do About the Mis Selling of PPI
If you have been mis-sold a policy you have the right to make a complaint. You
can start this today by filling in our online claim form. We have helped
thousands of people make a claim and work on a no win no fee basis.* Many of our
claims are settled in just 8 weeks and our average PPI customer claim is Â£2,000.
For more information call the team today on 0207 471 2000.
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