Claim back YOUR MONEY today!

Have you taken out a loan from your bank in the last six years?

Thousands did, and just like them you could have been mis-sold Payment Protection Insurance, meaning that you could be entitled to a refund of thousands of pounds!

We are specialists in reclaiming your money quickly, with no up-front-fees and no hassle!

Claim now. It's easy. No obligation. No up-front fees.
* Required information
Name*
Phone*
Best time to call?
Email*
How did you find us?
Type code shown* verification image, type it in the box

Don't worry. We will only store and use the information provided to answer your query and process your request. Your details will not be passed on to any 3rd party or be used for any other purpose.

News

Banks To Defy The FSA Over PPI Rules

In the latest bit of controversy regarding the mass issue of missold payment protection that is consistently leaning over the financial world, the British Banking Association has now stated it’s members will be refusing to follow the new standards that were set by the FSA regarding PPI.

The new regulations, brought in by the FSA in order to try and regulate the amount of complaints regarding PPI that the banks were refusing to deal with, and were consequently being referred to the Financial Ombudsman Service to deal with.

December 1st was the target date for the new laws to be brought in, but the BBA has stated that whilst they are in a legal dispute with the FSA regarding missold payment protection that ‘the issue of implementing the rules falls away’.

Consequences for these decisions are primarily that all PPI complaints currently lodged with the various financial institutions – with the exception of those related to claims payouts – will essentially be frozen awaiting the outcome of the case’s judicial review due in January.

The FSA had previously stated that it expected companies to apply the new guidelines from the target date regardless of the Judicial Review, and that it would take enforcement action if they were not.

For more news on PPI, and for more information on how you could claim back up to £15,000 in missold payment protection, contact Creditline Financial now by clicking the link here.

Posted by Shaun Edwards on 29 Nov 2010

Other News

What Is PPI?

19 Aug 2011