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PPI Scandal

There can't be a person in the UK who hasn't heard about the PPI scandal by now, but in case you have been out of the country or just too consumed with the business of going about everyday life, thie scandal concerns the mis-sale of payment protection insurance to possibly thousands of UK consumers. In effect, UK banks, mortgage companies, credit card companies, car hire companies and a plethora of private lenders sold payment protection insurance to UK borrowers who perhaps didn't need them or want them or who were ineligible to use them. The PPI scandal involves this mis sale and the problem is so all encompassing that thousand of consumers are now reclaiming PPI.

The good news here is that borrowers are getting the upper hand finally as they now have the right to claim back bank charges that were the result of mis sold PPI.

In order to go about reclaiming bank charges for mis sold PPI, a consumer must first substantiate how that cover was mis sold. There are very specific rules governing the sale of PPI and if the lender strays from those rules the borrower is entitled to claim back any money taken from him/her. After it has been proven that PPI was mis sold, the claim against the lender can be filed and if approved, the lender is required to give that consumer a refund.

It will be a long time before the PPI scandal in the UK has resolved itself as thousands more customers may be entitled to register a claim. To date, more than 1.5 million complaints have been made and millions of pounds have been paid out in compensation.

If you are concerned you may have been affected by the PPI scandal and may have been mis-sold cover call 0207 471 2000 and speak to a member of the claims team. Alternatively, if you feel ready to start your claim you can do so by filling in our online claim form. Remember, you could have been mis-sold cover on a loan, mortgage, hire purchase agreement, credit card or store card. You can make a claim even if your loan is paid off or you no longer use your card and you can make as many claims as you need to.


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Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

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