What followed was a period of excitement and anticipation as many people waited to hear whether the banks were going to challenge the decision. After an anxious three-week wait, the banks came out and said they wouldn’t be challenging the ruling, not just that though, they also put billions aside to refund customers who make payment protection insurance claims.
In response to this definitive news and as part of their commitment to educating people about PPI claims and why they can claim, industry specialist http://www.PPIClaimsUK.co.uk have put together an FAQ and ‘7 Reasons To Claim’ section on their website home page.
Speaking about the new additions, Michael Cooper, Head of Customer Satisfaction at the company, said: “We’ve put our best impartial advice and information together in an easy to read way so that everyone who visits the site can get an idea of what PPI claims are about, whether they go on to claim or not.”
He went on to say: “After asking our customers what they wanted the most from the PPI claims industry, they told us that making a claim was easy but finding out about mis sold PPI and if they were affected wasn’t, so we put together the FAQ and 7 Reasons.”
By setting aside billions of pounds for refunds the banks have effectively turned the PPI claims situation into a compensation scheme, which will no doubt lead to a sharp rise in the number of people making a PPI claim. Resources like those on offer at Which?, MoneySavingExpert and http://www.PPIClaimsUK.co.uk/
There’s already been 1.5 million claims made and successful refunds won and now that the banks have accepted the ruling, all the claims that were on hold will be resumed. The resources at http://www.PPIClaimsUK.co.uk/
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