 Banks Freeze PPI Claims – It’s Not Too Late to Make Your Claim!Despite banks putting PPI claims on ice, thousands of customers can still make a claim for a mis-sold PPI. Check now to see if you have a right to claim due to your mis-sold policy.
By: The WebMarketing Group This latest challenge by the British Banker’s Association (BBA) is believed to be a reaction to the proposed regulations that could see another three million people entitled to compensation under this ruling. The new regulations are expected to come into force in December, forcing lenders to contact other victims of mis-sold PPI policies. The banks are arguing the unfairness of older policies being subjected to new regulations. Their refusal to cooperate, pending the judicial review on the matter, appears to be an attempt to suppress the efforts of those trying to ensure customers receive the money they are entitled to. Refusing to grant a waiver, the FSA are insisting all banks should still be dealing with complaints accordingly. However, Barclays, HSBC and Royal Bank of Scotland have followed in the footsteps of Lloyds PPI claim suspension to halt all ongoing and future complaints processes for the duration of the judicial review. With millions believed to have been unfairly sold the policies, PPI Return http://www.ppireturn.co.uk is concerned that the banks may be using this suspension of claims as a delay tactic. With banks refusing to comply with regulations, the FOS has stated that they are still welcoming complaints; although some analysts speculate that customers fighting the banks alone could wait up to a year for a decision on their claim. PPI Return http://www.ppireturn.co.uk is worried some customers may believe they are currently unable to make a claim. The Company has reiterated that this temporary suspension of claim processing by banks will not affect their ability to make a claim and insist they are still pursuing PPI claims with an aim to securing full refunds for their customers. Their trusted team of solicitors can quickly and accurately assess any potential PPI claim. ABOUT PPI RETURN – PPI CLAIM SPECIALISTS PPI Return http://www.ppireturn.co.uk 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 # # # PPI Return is one of the UK’s leading PPI claims law firms with a wealth of experience and highly qualified legal advisors. End
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