PPI Blog

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PPI solicitors can offer help and advice

(21 December 2012) Banks and other lenders guilty of mis-selling payment protection insurance (PPI) have made lots of public complaints about claim management companies (CMCs) – but in reality, many firms of PPI solicitors offer a useful service if people choose that route to submit their case. Rosalind Shults, from Hertfordshire, told national newspaper the Continue Reading...

Have PPI claims taught banks a lesson?

(19 December 2012) Despite millions of cases of mis-sold payment protection insurance (PPI) leading to embarassment and financial damage for many lenders, there is still speculation as to whether financial organisations need to change more elements of their culture. PPI was sold in accompaniment to financial products such as loans, credit cards and mortgages, with Continue Reading...

Banks should be ashamed of PPI claims

(17 December 2012) Many people have been shocked to discover the practices that went on in banks for many years, leading to massive numbers of complaints about mis-sold payment protection insurance (PPI). PPI was sold alongside mortgages, credit cards, car finance and loans by well-known banks and financial companies such as Alliance & Leicester, Lloyds, Continue Reading...

Be determined when claiming PPI compensation

(14 December 2012) Victims of mis-selling are advised to remember that they are in the right when it comes to payment protection insurance (PPI) claims, so should not be fobbed off by banking representatives giving excuses for slow payouts. Claims management companies are on hand to help with this process and advise victims about how Continue Reading...

CBI wants cap on PPI claim time

(12 December 2012) While it is uncertain whether it would go ahead, a recent call by the Confederation of British Industry (CBI) to limit the time in which it is possible to make a claim for payment protection insurance (PPI) compensation makes it advisable to submit your complaint at your earliest convenience, if you have Continue Reading...