The number of people making claims to have their PPI returned has reached an all time high with almost 1,000 claims being presented to the Financial Ombudsman Service (FOS) on a weekly basis.
However, many of these claims need not be directed to FOS as banks could and should immediately resolve PPI claims without FOS intervention. It would appear that the financial sector is passing the buck on to FOS to ultimately resolve the issue – buying themselves more time to hold on to your PPI payments.
PPI Return http://www.ppireturn.co.uk are expert PPI claim specialists and work hard to return your PPI in a shorter period. 70% of the cases sent to FOS could be resolved by the banks themselves. Another positive statistic for those claiming back PPI payments is that 90% of claims put towards FOS are upheld.
PPI Return have qualified legal advisors who know the best direct and effective approach to claiming back PPI. The company is highly experienced at cutting through unnecessary procedure and as industry experts can quickly identify if banks are fobbing prospective claimants off and buying themselves more time.
As media coverage of the PPI scandal that has rocked the consumer financial sector intensifies, consumers are becoming more empowered and decisive in making claims. In 2009/10, FOS dealt with more than 49,000 – an increase of 58% from the previous year. The number of cases is expected to continue to spiral.
Martyn James, a spokesman for FOS has commented that while banks and financial institutions have improved their case handling some businesses still have lots of room for improvement. James further comments that a majority of complaints should be resolved without FOS intervention.
PPI Return http://www.ppireturn.co.uk want to hear from consumers wanting to claim back their PPI payments and can be contacted directly on 0800 877 8888. PPI Return’s wealth of experience means that consumers can very often streamline the PPI claims process and referrals to FOS can be limited. For the consumer this represents a win-win scenario as the claim cycle can be dramatically reduced.
ABOUT
PPI Return is one of the UK’s leading PPI claims law firms with a wealth of experience and highly qualified legal advisors.
PPI Return is dedicated exclusively to helping clients regain mis-sold Payment Protection Insurance (PPI) payments. There are many thousands of people in the UK who were either mis-sold PPI or not informed of how the PPI worked when taking out loans. PPI Return works to correct this wrong doing and works on a highly competitive fee basis. PPI Return provides an online ’60 Second Test’ where you can quickly assess if you are entitled to make a claim for mis-sold PPI in addition to Web Chat with PPI Claim specialists.
CONTACT
PPI Return
Mersey Chambers
5 Old Churchyard
Liverpool
L2 8GW
Tel: 0800 877 8888
info@ppireturn.co.uk
http://www.ppireturn.co.uk
