Don’t Let the Banks Fob You Off – How to Make a Successful PPI Claim

July 1, 2010 - PRLog -- One of the biggest financial scandals of the last decade has been Payment Protection Insurance (PPI).  PPI - a policy aimed to protect consumers, backfired dramatically as it was sold to hundreds of thousands of consumers who either did not need it or were unaware of it. The problem did not stop there as PPI often came with other unfair exclusions or charges.

Today there are still hundreds of thousands of financial consumers reeling from one of the worst cases of the financial industry mistreating consumers.

The scale of PPI mis-selling has been so huge that the Financial Services Authority (FSA) has extended the period to make formal complaints to the Financial Ombudsman Service (FOS) for any previously refused claims.

Vera Cottrell, principal policy adviser at which? highlights the ongoing issue of PPI claim issues ‘Of the two million people we reckon have been missold PPI, only a minority ever complain. It’s outrageous that so many consumers are still waiting for fair redress, and we hope that this decision encourages more of them to persist. Our advice to people is: don’t let your bank fob you off.’

PPI RETURN HERE TO HELP

PPI Return http://www.ppireturn.co.uk is acutely aware of the extent of PPI mis-selling and receive hundreds of enquiries daily. PPI Return are determined to spread the news of PPI mis-selling and echo the thoughts of Ms Cottrell – why should consumers remain unaware of the potential to make a claim against PPI mis-selling?

PPI Return want to hear from both first time PPI mis-selling claimants and those that have not made a claim to date. Anyone who has had a claim declined should not be deflated or even concede to the banks as the FOS has complained to the regulators that some financial institutions are “deliberately trying to obstruct the ombudsman process”.

PPI Return http://www.ppireturn.co.uk are well positioned to make your PPI mis-selling claim and have a wealth of experience in how to process your claim succesfully. PPI Return’s qualified legal advisers are on hand to make your PPI claim. PPI return keep an eye firmly on the PPI claim industry to see how as a either a first time claimant or a previously rejected claimant you can be best placed to succeed.

Despite the Competition Commission deciding to forge ahead with the decision to ban the sale of PPI alongside financial packages, it would also appear that certain companies in the financial sector remain undeterred. Barclays responded to this decision by stating that they "still maintain that to prohibit PPI being sold at the point of credit sale, and for a fixed period afterwards, will limit rather than enhance customer options and will result in customers being exposed as unprotected."

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 877 888
info@ppireturn.co.uk
http://www.ppireturn.co.uk

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PPI Return is one of the UK’s leading PPI claims law firms with a wealth of experience and highly qualified legal advisors.